
Lafayette, California 94549
This High-Potential Investment Opportunity is listed at a List Price of $2,150,000, positioned slightly above the $2,066,917 Fair Market Value. While not a discount buy, the property’s Condition Rating of 4 and massive .50-acre flat lot provide a rare canvas for value-add renovations. Located in the prestigious Acalanes High School District with proximity to top-rated schools like Happy Valley Elementary, this home offers significant long-term appreciation potential. It is an ideal acquisition for Value-Add Investors or Owner-Occupants looking to build a custom estate.
Property is moderate renovation needed.
Originally built in 1949 with 1960s architectural additions, the property is well-maintained and livable but dated. While it features cosmetic refreshes like paint and some updated window frames, the listing's suggestion to 'reimagine' the estate and the presence of older parquet flooring indicate that the kitchen, bathrooms, and primary systems are likely over 20 years old and require modernization to meet current luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23430, living area = 2442.
Elementary School: Happy Valley Elementary School (9/10). Middle School: Orinda Intermediate School (9/10). High School: Acalanes High School (10/10).
The rare, 'pancake-flat' 0.50-acre lot provides a massive, usable canvas for luxury expansions, including potential for a pool, tennis court, or ADU.
The original garage has been converted into a bonus room, leaving the property without enclosed parking, which may be a drawback for buyers in this price bracket.
Built in 1949, the home may require significant capital investment to modernize systems and finishes to meet contemporary luxury standards.
It's a Lot to love. Nestled in the highly sought-after Happy Valley Glen neighborhood of Lafayette, this 4BD/3.5BA home offers a level in single story 2,442 sqft home on a rare pancake-flat .50 acre lot with endless possibilities. Room for a pool, tennis court, ADU...or maybe all three! Blending mid-century functionality with dramatic 1960’s high-beam architecture, the home features expansive living spaces, a huge eat-in kitchen footprint, and a converted garage bedroom/bonus room ideal for guest bedroom, an office, gym, or playroom. Live comfortably as-is or reimagine the property into your dream estate. A majestic sycamore tree anchors the backyard while a mature front yard privacy hedge creates your own peaceful oasis. Serene yet conveniently located just minutes from top-rated schools, downtown Lafayette, parks, trails, BART, and freeway access.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.4 mi
Grades K-5 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 60% |
| Square foot | 2,442 | 2,738 | 42% |
| Lot Size | 23,430 | 20,000 | 57% |
| Price | $2.15M | $2.12M | 51% |
| Price per sq ft | $880 | $848 | 53% |
| Built year | 1949 | 1958 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 105 | 1% |
May 25, 2026
$2,150,000
Initial Listing