1216 Running Springs Rd #6, Walnut Creek, California 94595, Walnut Creek, 94595 - 2 bed, 1 bath
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Walnut Creek, California 94595
This Value-Add Sonoma Model represents a strategic entry point into the Rossmoor community, listed at $288,000—positioned below the $288,800 Fair Market Value by 0.3%. This valuation provides $800 in Instant Equity for the buyer. As the lowest-priced two-bedroom unit on the market, this asset features a Condition Rating of 4, offering significant upside through cosmetic modernization of its "good bones." The property includes a covered patio with hill views and access to elite schools like Burton Valley Elementary (10/10). This is a prime acquisition for Fix-and-Flip Investors or Savvy Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1216 Running Springs Rd #6 Subject | $288,000* List Price | 2 | 1 | 1,054 | $274 | - |
A 1317 1317 Leisure Ln 1 Sold | $325,000 | 2 | 1 | 1,054 | $308 | 0.3 mi |
B 1316 Oakmont Dr 5 Sold | $338,000 | 2 | 1 | 1,054 | $321 | 0.5 mi |
C 1301 Leisure Ln 7 Sold | $320,000 | 2 | 1 | 1,054 | $304 | 0.2 mi |
D 1216 Running Springs Rd 3 Sold | $314,000 | 2 | 1 | 1,054 | $298 | 0.1 mi |
E 1125 Singingwood Ct 4 Sold | $320,000 | 2 | 2 | 1,157 | $277 | 0.4 mi |
F 1427 Rockledge 5 Sold | $290,000 | 2 | 1 | 1,054 | $275 | 0.5 mi |
G 1208 Rockledge Ln 3 Active | $318,000 List Price | 2 | 1 | 1,054 | $302 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, the property features a kitchen and bathroom that appear to have been updated 20-30 years ago. While functional and described as having 'good bones,' the unit is dated with older white appliances, fluorescent light boxes, and worn carpeting, requiring minor repairs and cosmetic modernization.
Elementary School: Burton Valley Elementary School (10/10). Middle School: M. H. Stanley Middle School (9/10). High School: Acalanes High School (10/10).
Positioned as the lowest-priced two-bedroom unit currently on the market, this property offers a high-value entry point into the prestigious Rossmoor community.
With 'good bones' and a desirable Sonoma model layout, this unit is an ideal candidate for a cosmetic renovation to quickly build equity or maximize rental yield.
The monthly association fee of $1,294 is relatively high and must be factored into the overall monthly budget and affordability for potential buyers.
The unit is sold in a condition that requires 'special treatment' and basic updates, necessitating additional immediate capital investment after closing.
ATTENTION: The lowest-priced entry into a Sonoma model. BUILD YOUR OWN EQUITY in a community you love. Come have a look---everything intact just needs updating. It is very LIVABLE & FINANCEABLE. Update at your own pace while enjoying the world-class Rossmoor amenities. Features a Very Pleasant view from covered patio. Why pay for someone's else's choices? Make this Sonoma your own!
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.6 mi
Grades K-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 28% |
| Square foot | 1,054 | 1,224 | 32% |
| Lot Size | - | - | 50% |
| Price | $288.0K | $630.0K | 5% |
| Price per sq ft | $273 | $498 | 2% |
| Built year | 1964 | 1971 | 14% |
| HOA | $1294.0 | $1.4K | 29% |
| Days on market | 43 | 140 | 4% |
Apr 25, 2026
$288,000
Initial Listing
Apr 24, 2026
$288,800
Initial Listing