1116 Fairlawn Court 3, Walnut Creek, California 94595, Walnut Creek, 94595 - 2 bed, 1 bath
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1116 Fairlawn Court 3
Walnut Creek, California 94595
ACTIVE
CONDITION: FAIR
2Beds
1Baths
1,054Sq Ft
0Lot Size
Property Price
LIST PRICE$295,000
EST. MARKET VALUE
$289,925
SUMMARY
This Rossmoor Condominium represents a Strong Value Opportunity, listed at $337,000—positioned above the $310,629 Fair Market Value. While the property requires modernization, its Condition Rating of 4 reflects a well-maintained, move-in ready state with fresh paint and flooring. Residents benefit from a Scenic View of rolling hills and access to Top-Rated Schools like Burton Valley Elementary and Acalanes High. This home offers a tranquil lifestyle for Owner-Occupants or first-time buyers seeking a peaceful, amenity-rich community in Walnut Creek.
Estimated Market Value
$289,925
Based on Realkey algorithm analyzing recent comparable sales in Walnut Creek.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1116 Fairlawn Court 3 Subject 2 bd · 1 ba · 1,054 sqft · $275 | $295,000* List Price | 2 | 1 | 1,054 | $275 | - |
A 1216 Running Springs Rd #6 Sold 2 bd · 1 ba · 1,054 sqft · $247 · 0.1 mi | $260,000 | 2 | 1 | 1,054 | $247 | 0.1 mi |
B 1112 Rockledge Ln 6 Sold 2 bd · 1 ba · 1,054 sqft · $304 · 0.1 mi | $320,000 | 2 | 1 | 1,054 | $304 | 0.1 mi |
C 1232 Leisure Ln 7 Sold 2 bd · 1 ba · 1,054 sqft · $274 · 0.3 mi | $289,000 | 2 | 1 | 1,054 | $274 | 0.3 mi |
D 1332 Singingwood Ct 5 Sold 2 bd · 1 ba · 1,054 sqft · $313 · 0.4 mi | $330,000 | 2 | 1 | 1,054 | $313 | 0.4 mi |
E 1160 Rockledge Lane 2 Sold 2 bd · 1 ba · 1,131 sqft · $287 · 0.1 mi | $325,000 | 2 | 1 | 1,131 | $287 | 0.1 mi |
F 1208 Rockledge Ln 3 Sold 2 bd · 1 ba · 1,054 sqft · $285 · 0.1 mi | $300,000 | 2 | 1 | 1,054 | $285 | 0.1 mi |
G 1160 Singingwood Ct 5 Sold 2 bd · 1 ba · 1,054 sqft · $299 · 0.4 mi | $315,000 | 2 | 1 | 1,054 | $299 | 0.4 mi |
H 1117 Golden Rain Rd 1 Sold 2 bd · 1 ba · 1,054 sqft · $304 · 0.3 mi | $320,000 | 2 | 1 | 1,054 | $304 | 0.3 mi |
I 1224 Rockledge Ln 6 Pending 2 bd · 1 ba · 1,054 sqft · $265 · 0.2 mi | $279,000 List Price | 2 | 1 | 1,054 | $265 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1964, this property is well-maintained but significantly dated. While it features fresh paint and clean carpets, the presence of popcorn ceilings, mirrored walls, and older cabinetry indicates that the kitchen and primary systems are likely over 20 years old and require modernization.
PROSSTRENGTHS & OPPORTUNITIES
- 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).
- Move-In Ready Condition
The residence features fresh interior paint, clean carpets, and updated laminate flooring, providing a bright and refreshed aesthetic that allows for immediate occupancy without the need for initial renovations.
- Scenic and Peaceful Setting
Ideally situated in a quiet area of the Rossmoor community, the property offers impressive views and a tranquil atmosphere that significantly enhances its residential appeal.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee of $1,383 per month is relatively high compared to the listing price, which may impact the overall affordability and debt-to-income ratio for some buyers.
- Limited Bathroom Count
For a two-bedroom unit exceeding 1,000 square feet, the presence of only one bathroom may be a drawback for households with multiple occupants or those who frequently host guests.
About 1116 Fairlawn Court 3
Welcome to a charming home nestled in the desirable Rossmoor community of Walnut Creek. Ideally situated in a peaceful setting with an awesome view, this well-maintained residence offers comfort, convenience, and an easy move-in experience. Fresh interior paint and clean carpets give the home a bright, refreshed appearance, creating a welcoming backdrop for everyday living and entertaining. The entry features attractive laminate flooring that continues into the bathroom, adding durability and a clean, contemporary touch. A skylight in the bathroom fills the space with natural light, creating a warm and inviting atmosphere. The home's desirable location provides the opportunity to enjoy the beauty and serenity of Rossmoor while being conveniently located near Walnut Creek's shopping, dining, recreation, and everyday amenities. Whether you're looking for a comfortable place to call home or an opportunity to enjoy the Rossmoor lifestyle, this property offers an inviting combination of location, views, and move-in-ready appeal. Come see the possibilities and experience all this special Rossmoor home has to offer.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1964
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1383.0 / Month
Neighborhood Insights
Walnut Creek Unified Schools
Burton Valley Elementary School
Grades K-5 • 1.0 mi
10/10
Parkmead Elementary School
Grades K-5 • 1.5 mi
7/10
Murwood Elementary School
Grades K-5 • 1.9 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,054 | 1,118.684 |
| Lot Size | - | 1,033.383 |
| Price | $295.0K | $570.7K |
| Price per sq ft | $280 | $500 |
| Built year | 1964 | 1972 |
| HOA | $1383.0 | $1.3K |
| Days on market | 40 | 55 |
Pricing History
Listed for Sale
Oct 15, 2026
$295,000
$337,000
-12% Price Drop
Initial Listing
Price Change
Sep 14, 2026
$337,000
Initial Listing