1051 Buchan Dr, Lafayette, California 94549, Lafayette, 94549 - 3 bed, 2 bath
ACTIVE$1,099,000$1,458/sqft
Est. Value: $888,272
-19%
AboveEstimate
1051 Buchan Dr, Lafayette, California 94549
3Beds
2Baths
1,458Sqft
10,070Lot
Price Vs. Estimate
The estimated value ($888,272.33) is $210,727.67 (19%) lower than the list price ($1,099,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10070, living area = 1458.
Top Cons:
Incomplete Renovation: The property is in mid-renovation, requiring the buyer to undertake and manage the remaining construction work to bring the home to completion.
Compared to the nearby listings
Price:$1.10M vs avg $1.98M ($-881,000)3%
Size:1,458 sqft vs avg 2,560 sqft9%
Price/sqft:$754 vs avg $81741%
More Insights
Built in 1953 (73 years old).
Condition: The property is in a mid-renovation state, making it currently unlivable. While significant improvements like a new roof, siding, HVAC, windows, and sewer line have been completed, the interior lacks a functional kitchen (empty space with rough-ins), bathrooms are incomplete (one with only a toilet, the other just framed), and flooring is exposed subfloor throughout. It requires substantial rehabilitation and investment to become habitable, fitting the 'poor' condition criteria of being 'very uncomfortable to live in its current state' and requiring 'substantial repairs and rehabilitation' to complete the interior living spaces.
Year Built
1953
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$754
HOA
-
Days on market
-
Sold On
-
MLS number
41121146
Home ConditionPoor
Features
View-
About this home
Incredible opportunity to complete a partially renovated single-level ranch home in sought after neigborhood in Lafayette. The property is in mid-renovation, allowing the buyer to personalize final selections and finishes. Significant improvements have already been completed, including new siding, roof and gutters, sewer line, HVAC system, new windows and doors, drywall, paint, and more. An ideal opportunity for those seeking to customize a home while benefiting from many upgrades already in place. Large level lot with RV/side yard access. Fantastic cul-de-sac location & highly desired location near top rated schools, parks, trails, Lafayette and Walnut Creek shopping & dining, freeway and Bart access.
S
Sandra Gross
Listing Agent
Nearby schools
10/10
Burton Valley Elementary School
Public,•K-5•2.2mi
9/10
M. H. Stanley Middle School
Public,•6-8•1.1mi
10/10
Acalanes High School
Public,•9-12•0.7mi
Condition Rating
Poor
The property is in a mid-renovation state, making it currently unlivable. While significant improvements like a new roof, siding, HVAC, windows, and sewer line have been completed, the interior lacks a functional kitchen (empty space with rough-ins), bathrooms are incomplete (one with only a toilet, the other just framed), and flooring is exposed subfloor throughout. It requires substantial rehabilitation and investment to become habitable, fitting the 'poor' condition criteria of being 'very uncomfortable to live in its current state' and requiring 'substantial repairs and rehabilitation' to complete the interior living spaces.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10070, living area = 1458.
Great Schools: Elementary School: Burton Valley Elementary School (10/10). Middle School: M. H. Stanley Middle School (9/10). High School: Acalanes High School (10/10).
Significant Renovations Completed: Many major improvements have already been completed, including new siding, roof, gutters, sewer line, HVAC system, windows, doors, drywall, and paint, significantly reducing initial capital outlay for the buyer.
Customization Opportunity: The mid-renovation state allows the new owner to personalize final selections and finishes, creating a bespoke home tailored to their taste and preferences.
Prime Location & Neighborhood: Situated in a sought-after Lafayette neighborhood on a fantastic cul-de-sac, offering proximity to top-rated schools, parks, trails, shopping, dining, and convenient freeway/BART access.
Top-Rated School District: Located near highly-rated schools like Acalanes High (10/10), Burton Valley Elementary (10/10), and M. H. Stanley Middle (9/10), a significant draw for families.
Generous & Usable Lot: Features a large, level lot with valuable RV/side yard access, providing ample space for outdoor activities, potential expansion, or vehicle storage.
Cons
Incomplete Renovation: The property is in mid-renovation, requiring the buyer to undertake and manage the remaining construction work to bring the home to completion.
Additional Investment Required: Buyers must factor in additional costs for materials, labor, and finishes to complete the renovation, which are not included in the list price.
Not Move-In Ready: The current state means the property is not immediately habitable, necessitating a period of construction before occupancy.