
Lafayette, California 94549
This Spacious Legacy Estate represents a Strong Value Opportunity, listed at $2,895,000—positioned well below the $2,778,909 Fair Market Value by -4%. While the home maintains a Fair Condition Rating with vintage interiors, the expansive half-acre lot, private swimming pool, and detached studio offer significant potential for modernization. Located in the prestigious Upper Happy Valley with access to Top-Rated Schools like Acalanes High, this property is an ideal acquisition for Owner-Occupants seeking a long-term project or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1035 Upper Happy Valley Rd Subject 5 bd · 3 ba · 2,648 sqft · $1,049 | $2,895,000* List Price | 5 | 3 | 2,648 | $1,049 | - |
A 1038 Pine Ln Sold 5 bd · 4 ba · 3,169 sqft · $884 · 0.6 mi | $2,800,000 | 5 | 4 | 3,169 | $884 | 0.6 mi |
B 1122 Via Media Sold 4 bd · 4 ba · 3,530 sqft · $935 · 0.9 mi | $3,300,000 | 4 | 4 | 3,530 | $935 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, this ranch-style home is exceptionally well-maintained but remains largely dated. The kitchen features older blue laminate countertops and white appliances that appear to be 20+ years old. While the home is move-in ready and clean, the finishes in the kitchen and bathrooms, along with original wood paneling and older window styles, align with the 'Fair' criteria requiring modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21780, living area = 2648.
Elementary School: Happy Valley Elementary School (9/10). Middle School: Orinda Intermediate School (9/10). High School: Acalanes High School (10/10).
Situated in the highly coveted Upper Happy Valley neighborhood, the property offers access to top-rated Lafayette schools and a convenient commute near Hwy 24 and BART.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2648, other record living area = 2156. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Built in 1951, the home features original elements like wood-paneled walls and lacquered flooring that may feel dated to buyers seeking a modern aesthetic.
The main residence offers approximately 2,344 square feet, which may feel undersized for a five-bedroom configuration at this premium price point.
Tucked along one of Upper Happy Valley’s most special streets, this rare legacy estate blends quintessential single-story ranch architecture with extraordinary park-like grounds. Offering five bedrooms and three bathrooms in total, the property features approximately 2,648 square feet of combined living space, including the 2,344-square-foot main residence and a 344-square-foot detached studio with its own full bath. Rich in charm, character, and timeless appeal, this is a special opportunity to own a piece of Happy Valley history. From the moment you arrive, the home welcomes you with beautiful curb appeal, a charming front porch, and an inviting sense of warmth. Inside, the spacious formal living room features a beautiful wood-paneled accent wall, fireplace, and expansive windows overlooking the front grounds. The living room flows into the formal dining room, complete with custom built-ins, beautiful lacquered flooring, and sliding doors opening to the backyard patio. An adjoining family room with its own fireplace and outdoor access connects seamlessly to the kitchen, creating an ideal layout for both everyday living and entertaining. The kitchen offers ample cabinetry, views of the backyard, and a charming breakfast nook with rich wood-paneled walls. The bedroom wing features three generously sized secondary bedrooms, one of which could easily serve as a home office or media room, and a spacious hall bathroom with a soaking tub, separate stall shower, and dual vanities. The primary suite offers a peaceful retreat with ample closet space. A detached two-car garage is complemented by the adjoining studio with a full bathroom, offering wonderful flexibility for guests, a home office, gym, or additional bonus space. The grounds are truly the crown jewel of this property. Reminiscent of a private park, the expansive backyard offers an extraordinary setting with lush, level lawns, mature gardens, and beautiful spaces to gather, entertain, and enjoy the outdoors. A spacious patio with a fire pit is ideal for evenings under the stars, while the swimming pool, generous pool deck, and adjoining pool house create an inviting setting for summer afternoons and celebrations. With room to play, entertain, garden, and make the grounds your own, the possibilities are endless. All of this comibined with top rated Lafayette schools, a great commute location near to to Hwy 24 & BART make this the perfect spot to call home!
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 2.7 mi
Grades K-5 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,648 | 2,538.301 |
| Lot Size | 21,780 | 17,864.29 |
| Price | $2.90M | $2.07M |
| Price per sq ft | $1.1K | $843 |
| Built year | 1951 | 1962 |
| HOA | $0 | $410 |
| Days on market | 5 | 35 |
Oct 19, 2026
$2,895,000
Initial Listing