
Livermore, California 94550
This Sprawling Multi-Generational Rancher is a Prime Investment Opportunity, listed at $1,888,888—positioned well below the $1,938,297 Fair Market Value by 2%. This valuation gap offers $49,409 in Instant Equity for incoming buyers. Boasting a Condition Rating of 3, the residence features a gourmet chef’s kitchen, a private in-law suite, and an expansive lot with gated RV access. Located near top-rated schools like Granada High and Mendenhall Middle, this property balances financial upside with premium lifestyle utility. It is an ideal acquisition for multi-generational families or Owner-Occupants seeking a high-utility asset in South Livermore.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1147 Lomitas Ave Subject | $1,888,888* List Price | 5 | 3 | 3,085 | $628 | - |
A 3080 Bresso Dr Sold | $2,225,000 | 5 | 5 | 3,184 | $699 | 0.8 mi |
B 3075 Olivoro Ct Sold | $2,105,000 | 3 | 3 | 3,062 | $687 | 0.9 mi |
C 2367 2367 Wedgewood Way Sold | $2,035,000 | 4 | 3 | 2,726 | $747 | 0.3 mi |
D 2059 Westbrook Ln Sold | $1,600,000 | 4 | 3 | 2,291 | $698 | 0.1 mi |
E 2633 Regent Rd Active | $2,199,000 List Price | 5 | 4 | 3,048 | $721 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant updates. The primary suite features a modern renovation with a trendy barn door, soaking tub, and updated shower. The kitchen is spacious with high-end granite countertops and stainless steel appliances, although the oak cabinetry and tile flooring reflect an older but well-maintained style. Overall, the home shows minimal wear and tear with updated flooring and vaulted ceilings.
The rare five-bedroom configuration includes a dedicated in-law suite with a private entry, offering exceptional flexibility for extended family, guests, or a home office.
The heart of the home features a massive central island, granite countertops, and built-in double ovens, providing a high-end functional space that overlooks the family room.
Situated on over 11,000 sq. ft., the property includes a private backyard oasis and gated side access, perfect for secure RV or boat parking which is highly sought after in South Livermore.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3085, other record living area = 3044. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 6.
Built in 1971, the property may have underlying original systems that require more maintenance or eventual replacement compared to newer construction in the area.
At nearly $1.9 million, the property is positioned at the higher end of the market for a 1970s rancher, which may lead to increased scrutiny regarding its age and total cost of ownership.
Welcome to 1147 Lomitas Ave, a sprawling 3,085 sq. ft. rancher in South Livermore. This rare 5-bedroom, 3-bathroom home is perfect for multi-generational living. The interior impresses with vaulted ceilings and a grand central fireplace anchoring the formal spaces. At the core is a massive chef’s kitchen featuring an oversized island, granite countertops, built-in double ovens looking out over the family room. In-law suite with private entry offers many options for various uses. Retreat to the spacious bedrooms, all featuring ceiling fans and mirrored closets. The primary suite is a true sanctuary, boasting a trendy barn door leading to a luxurious en-suite bath with a deep soaking tub and a glass-enclosed shower with pebble flooring. Convenience is key with a dedicated laundry room equipped with washer & dryer included, extensive cabinetry and tile counters. Step outside to a private backyard oasis featuring a large concrete patio, lush lawn, and tiered landscaping with stone retaining walls. The property includes a generous storage shed with sliding barn doors and a gated side-access area, perfect for potential RV or boat parking. An extra-wide driveway and modern stone accents complete the curb appeal. Situated near top-rated schools and world-class wineries, this residence offers the ultimate blend of space and luxury.
No exterior & parking available.
Grades 6-8 • 0.7 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 84% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,085 | 1,929 | 84% |
| Lot Size | 11,051 | 8,160 | 71% |
| Price | $1.89M | $1.35M | 73% |
| Price per sq ft | $612 | $712 | 22% |
| Built year | 1971 | 1971 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 139 | 1% |
Apr 15, 2026
$1,888,888
Initial Listing
Jul 31, 1998
$315,000
Public Record