1042 Nielsen Lane, Livermore, California 94550, Livermore, 94550 - 3 bed, 2 bath
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Livermore, California 94550
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $959,000—positioned well below the $1,032,652 Fair Market Value by 7%. This valuation gap offers $73,652 in Instant Equity for the buyer. With a Condition Rating of 3, the home features modern kitchen updates and a versatile floor plan. Located near top-rated schools like Livermore High, this property is an ideal acquisition for Owner-Occupants seeking long-term appreciation or first-time buyers prioritizing lifestyle and location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1042 Nielsen Lane Subject | $925,000* List Price | 3 | 2 | 1,642 | $584 | - |
A 3938 Harvard Ct Sold | $1,115,000 | 3 | 2 | 1,677 | $665 | 0.3 mi |
B 4321 Davis Way Sold | $1,085,000 | 3 | 2 | 1,513 | $717 | 0.3 mi |
C 3668 Oregon Way Sold | $1,085,000 | 3 | 2 | 1,628 | $666 | 0.7 mi |
D 4352 Davis Way Sold | $1,175,000 | 4 | 2 | 2,031 | $579 | 0.4 mi |
E 3965 Purdue Way Sold | $1,105,000 | 3 | 2 | 1,655 | $668 | 0.5 mi |
F 474 Jensen Street Sold | $1,000,000 | 3 | 2 | 1,618 | $618 | 0.6 mi |
G 646 Joyce St Sold | $900,000 | 4 | 2 | 1,396 | $645 | 1.0 mi |
H 3910 East Ave Sold | $830,000 | 3 | 2 | 1,161 | $715 | 0.3 mi |
I 4028 Drake Way Pending | $999,000 List Price | 4 | 2 | 1,606 | $622 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1957 but shows signs of consistent maintenance and cosmetic updates. The kitchen features modern stainless steel appliances and recessed lighting, and the hardwood floors are in good condition. While the tile countertops and bathroom fixtures are dated, the home is functional and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7139, living area = 1642.
Ideally situated near Almond Park, Arroyo Mocho Trail, and downtown Livermore, providing exceptional access to outdoor recreation, vineyards, and local community events.
The property features a generous 7,139 sqft lot with a covered patio, mature fruit trees, and a dedicated secondary driveway for RV parking, a high-demand feature in this market.
The garage conversion limits covered parking to a single-car space, which may be a drawback for buyers requiring multi-car indoor parking or extensive workshop space.
Built in 1957 with major modifications dating to the 1970s, the property likely requires modernization of aesthetic finishes and mechanical systems to align with contemporary standards.
Welcome to 1042 Nielsen Lane in Livermore! This 3-bedroom, 2-bath home offers over 1,600 square feet of versatile living space. Expanded through a garage conversion completed in the 1970s, the home provides valuable bonus living space while still maintaining a one-car garage for storage and secondary drive way for RV parking. Enjoy Livermore’s beautiful weather year-round under the covered back patio, perfect for relaxing or entertaining. The backyard also features lemon, blood orange, and peach trees, allowing you to enjoy fresh citrus right from your own home. Conveniently located near LARPD, Almond Park, and the Arroyo Mocho Trail, you’ll have easy access to Sunken Gardens Park, the new pump track, Retzlaff Vineyards, and more. Downtown Livermore’s shopping, dining, and community events are also just minutes away.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,642 | 1,733.5 |
| Lot Size | 7,139 | 7,269.5 |
| Price | $925.0K | $1.29M |
| Price per sq ft | $563 | $708 |
| Built year | 1957 | 1970 |
| HOA | $0 | $180 |
| Days on market | 35 | 35 |
Jul 10, 2026
$925,000
$959,000
-4% Price Drop
Initial Listing
Jun 17, 2026
$959,000
Initial Listing
May 30, 2023
$990,000
Public Record
Mar 3, 2020
$750,000
Public Record