118 Greenbank Ave, Piedmont, California 94611, Piedmont, 94611 - 4 bed, 4 bath
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118 Greenbank Ave
Piedmont, California 94611
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
2,178Sq Ft
6,130Lot Size
Property Price
LIST PRICE$2,495,000
EST. MARKET VALUE
$3,054,063
18% BelowMARKET VALUE
SUMMARY
This Turnkey Craftsman represents a High-Potential Investment Opportunity, listed at $2,495,000—positioned well below the $3,054,063 Fair Market Value by 18%. This valuation gap offers $559,063 in Instant Equity for the discerning buyer. Featuring a Mint Condition Rating, the home includes a renovated kitchen, primary suite, and EV charging. Located in a premier Piedmont neighborhood near top-rated schools, this property is an ideal acquisition for Owner-Occupants or sophisticated buyers seeking a move-in ready residence with significant built-in value.
Estimated Market Value
$3,054,063+$559,063 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Piedmont.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 118 Greenbank Ave Subject 4 bd · 4 ba · 2,178 sqft · $1,402 | $2,495,000* List Price | 4 | 4 | 2,178 | $1,402 | - |
A 926 Kingston Ave Sold 4 bd · 2 ba · 1,928 sqft · $1,401 · 0.2 mi | $2,702,000 | 4 | 2 | 1,928 | $1,401 | 0.2 mi |
B 430 Pala Ave Sold 4 bd · 2 ba · 2,087 sqft · $1,222 · 0.8 mi | $2,550,000 | 4 | 2 | 2,087 | $1,222 | 0.8 mi |
C 1541 Grand Ave Sold 3 bd · 2 ba · 1,702 sqft · $1,204 · 0.1 mi | $2,050,000 | 3 | 2 | 1,702 | $1,204 | 0.1 mi |
D 423 Pacific Ave Sold 4 bd · 3 ba · 2,319 sqft · $1,121 · 1.0 mi | $2,600,000 | 4 | 3 | 2,319 | $1,121 | 1.0 mi |
E 1618 Grand Ave Sold 5 bd · 5 ba · 2,560 sqft · $1,133 · 0.1 mi | $2,900,000 | 5 | 5 | 2,560 | $1,133 | 0.1 mi |
F 229 Carmel Ave Active 3 bd · 3 ba · 1,840 sqft · $1,086 · 0.4 mi | $1,998,000 List Price | 3 | 3 | 1,840 | $1,086 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1922, the home has undergone a high-end renovation within the last 5 years. The kitchen features premium stainless appliances and modern cabinetry, and the primary bathroom is fully updated with a standalone tub and glass shower. The inclusion of EV charging and recessed lighting indicates updated electrical systems, and the overall condition is mint and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Lower Piedmont Location
The property is situated in a highly coveted neighborhood, offering immediate proximity to Piedmont’s top-rated schools, local parks, and the popular dining and shopping district on Piedmont Avenue.
- Modernized Craftsman Appeal
This 1922 home features high-end updates including a renovated kitchen and a primary suite with direct outdoor access, plus modern essentials like EV charging and a private wine closet.
- Functional Indoor-Outdoor Flow
The layout provides excellent versatility with a separate lower-level guest suite and a rare level backyard, which is ideal for outdoor entertaining and a premium feature for the area's topography.
CONSRISKS & DEFICIENCIES
- Premium Price Point
With a list price of $2.495M for 2,178 square feet, the property carries a high price-per-square-foot ratio that may be a hurdle for buyers seeking more interior volume.
- Vintage Home Maintenance
Despite modern renovations, the 1922 construction may involve ongoing maintenance considerations typical of century-old homes regarding foundation and original structural elements.
About 118 Greenbank Ave
This welcoming 4-bedroom, 3.5-bath Craftsman blends timeless character with comfortable living in a convenient Piedmont location. The living room features a cozy gas fireplace and opens to a beautifully renovated kitchen with a dedicated dining area and seamless access to the outdoor patio. Three bedrooms are located on the main level, including a primary suite with a beautifully appointed, updated bath and direct access to the outdoors. The lower level offers a fourth bedroom and bath, ideal for guests or added flexibility. A level backyard provides a wonderful setting for outdoor dining, entertaining, or simply relaxing. Additional highlights include a 2-car garage with EV charging and a unique private wine closet, adding to the home’s appeal. Just minutes from Piedmont’s top-rated schools, state-of-the-art pool, the shops and restaurants of Piedmont Avenue, and commuter options.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1922
- Lot Size
- 6,130 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.8 |
| Baths | 4.0 | 3.4 |
| Square foot | 2,178 | 2,625.528 |
| Lot Size | 6,130 | 6,089.944 |
| Price | $2.50M | $3.28M |
| Price per sq ft | $1.1K | $1.1K |
| Built year | 1922 | 1927 |
| HOA | $0 | $0 |
| Days on market | 4 | 27 |
Pricing History
Listed for Sale
Oct 21, 2026
$2,495,000
Initial Listing
Sold
May 22, 2015
$1,957,000
Public Record
Sold
Apr 12, 2013
$1,600,000
Public Record
Sold
Jun 18, 2012
$695,000
Public Record
Sold
Sep 23, 1996
$218,000
Public Record