
Walnut Creek, California 94596
Analysis of 1101 1101 Scots Ln, Walnut Creek, California 94596 is currently available with a list price of $2,650,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Walnut Creek Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property is marketed primarily as a development opportunity, but the existing 1951 residence remains functional and habitable. The interior features dated wood cabinetry, older white appliances, and tiled countertops in the kitchen and bathrooms that appear to be from a 1980s-era update. While the hardwood floors and overall structure show evidence of regular upkeep, the home lacks modern systems and finishes, fitting the criteria for a property that is aged but maintained.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 70131, living area = 2151.
The offering includes three expansive parcels totaling over 1.6 acres of predominantly level terrain, providing a rare opportunity to develop multiple luxury homes or a massive private estate.
Situated in the highly coveted Walnut Heights neighborhood, the property offers a serene, tree-lined setting with immediate proximity to top-rated schools and downtown Walnut Creek’s premium shopping and dining.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =70131, other record lot size in square feet = 27486.
Realizing the property's full value requires significant expertise in land development, including navigating local permitting, utility connections, and construction management.
The proposed site visions and renderings are conceptual only, meaning the buyer must invest substantial time and capital into architectural design and city approvals to achieve the advertised potential.
Prime Development Opportunity in Walnut Heights -- Discover a rare opportunity in the highly sought-after Walnut Heights neighborhood of Walnut Creek. This offering includes three expansive parcels (with potential for a 4th lot or an ADU lot). Three parcels situated on predominantly level terrain with gentle slopes between buildable areas—offering a versatile canvas for a range of development possibilities. Whether you envision developing multiple luxury homes, creating a private compound, or building a single estate with sprawling grounds, this property offers unmatched flexibility. One parcel currently features an existing home, adding potential utility while you plan your vision. The main home is on a .63 acre, then the existing two land parcels/lots are .48 and .50 acres. Nestled in a serene, tree-lined setting yet just minutes from downtown Walnut Creek’s shopping, dining, and top-rated schools. This is a developer’s dream or an opportunity for a homeowner seeking privacy and space for their own custom retreat. *Renderings of new construction homes on the property are conceptual only.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,151 | 2,058 | 59% |
| Lot Size | 70,131 | 16,000 | 98% |
| Price | $2.65M | $1.61M | 92% |
| Price per sq ft | $1.2K | $796 | 98% |
| Built year | 1951 | 1956 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 156 | 14% |
Feb 26, 2026
$2,650,000
Initial Listing