
Lafayette, California 94549
This Spacious Ranch-Style Residence represents a High-Potential Investment Opportunity, listed at $2,100,000—positioned slightly above the $2,016,507 Fair Market Value. While requiring cosmetic updates to modernize its Fair Condition Rating, the property offers significant upside through its expansive 20,091 sqft lot and prime location in the Happy Valley Glen neighborhood. With access to Top-Rated Schools like Miramonte High (10/10), this property is an ideal project for Value-Add Investors or Owner-Occupants looking to customize a legacy home in a premier Lafayette setting.
Property is moderate renovation needed.
Built in 1951 and held by the same family for over 60 years, the home is exceptionally well-maintained and move-in ready, but dated. The kitchen features tile countertops and cabinetry styles consistent with a renovation performed 20+ years ago. While systems like recessed lighting and stainless appliances have been updated, the overall aesthetic and 'original character' mentioned in the description place it in the fair category, requiring cosmetic modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20091, living area = 2825.
Elementary School: Happy Valley Elementary School (9/10). Middle School: Orinda Intermediate School (9/10). High School: Miramonte High School (10/10).
Situated in the highly coveted Happy Valley Glen neighborhood, the property offers access to top-rated Lafayette schools and a community-oriented atmosphere.
Having been held by the same family for over 60 years, the home likely requires significant cosmetic modernization to meet current luxury standards.
The property is positioned as an opportunity to 'create your dream home,' implying that a substantial additional investment is needed for upgrades and repairs.
Welcome to 1196 Monticello Road, a charming ranch-style home nestled in the heart of Lafayette’s loved Happy Valley Glen neighborhood. Cherished by the same family for more than 60 years, this special property offers a rare opportunity to be in one of Lafayette’s most sought-after neighborhoods. The inviting floor plan features four bedrooms and three full baths, with comfortable living spaces designed for both everyday living and entertaining. The gracious living and dining room is anchored by a beautiful fireplace with a marble surround, while doors open directly to an outdoor patio surrounded by mature landscaping, creating an effortless connection between indoors and out. At the center of the home is the welcoming light-filled family room, where soaring ceilings and a fireplace create a wonderful gathering space. Double sliding doors open to an inviting patio framed by a gorgeous Japanese Maple tree and lush landscaping. The kitchen features a sunny breakfast nook, perfect for casual meals, along with an adjacent laundry and mudroom offering everyday convenience. The outdoor spaces are equally special, offering a peaceful and serene setting. The spacious backyard patio provides plenty of room for entertaining with family and friends or simply relaxing beneath the shade of the beautiful tree canopy. Level lawn areas, expansive side yards, and raised planting beds provide endless possibilities for expanding the home or adding a pool. In front, a generous lawn tucked behind a classic white fence offers wonderful space for play, gardening, and enjoying the outdoors, completing this truly special setting. Happy Valley Glen is one of Lafayette’s treasured neighborhoods. Enjoy easy access to top-rated Lafayette schools, vibrant downtown Lafayette with its shops and restaurants, BART and commute routes, the Lafayette Reservoir, scenic hiking and biking trails, and countless opportunities to enjoy the outdoors. It’s a neighborhood where kids play outside, neighbors connect, and the best of Lafayette living is right at your doorstep. Whether embracing its original character or creating something entirely your own, 1196 Monticello Road is a rare opportunity to create your dream home!
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.2 mi
Grades K-5 • 4.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,825 | 2,464.689 |
| Lot Size | 20,091 | 17,292.568 |
| Price | $2.10M | $2.06M |
| Price per sq ft | $743 | $860 |
| Built year | 1951 | 1962 |
| HOA | $0 | $446 |
| Days on market | 2 | 34 |
Sep 7, 2026
$2,100,000
Initial Listing