123 Orchard Rd, Orinda, California 94563, Orinda, 94563 - 2 bed, 2 bath
ACTIVE$1,295,000
123 Orchard Rd, Orinda, California 94563
2Beds
2Baths
1,716Sqft
20,000Lot
Price Vs. Estimate
The estimated value ($1,375,823.255) is $80,823.255 (6%) higher than the list price ($1,295,000). This property may be underpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20000, living area = 1716.
Top Cons:
Limited Bedroom/Bathroom Configuration: The 2-bedroom, 1.5-bathroom layout may not meet the needs of larger families or those desiring more modern living arrangements, especially given the property's square footage and lot size.
Compared to the nearby listings
Price:$1.29M vs avg $1.76M ($-467,000)16%
Size:1,716 sqft vs avg 2,534 sqft16%
Price/sqft:$755 vs avg $75550%
More Insights
Built in 1947 (78 years old).
Condition: Built in 1947, the property features a 'quaint' (dated) kitchen with older appliances, dated tile flooring, and backsplash. The main bathroom has a partially updated vanity but retains very dated pink/peach wall and shower tiles. While the roof is new (3 years old) and a new detached garage was built, the interior, especially the kitchen and bathrooms, requires significant renovation to meet modern standards. Core systems are likely original or very old, as noted in the property analysis. The home is maintained and functional but shows clear signs of age and outdated styles, fitting the 'fair' category.
Year Built
1947
Close
-
List price
$1.29M
Original List price
$1.29M
Price/Sqft
$755
HOA
-
Days on market
-
Sold On
-
MLS number
41115644
Home ConditionFair
Features
Good View:
Deck
Patio
View-
About this home
First time on market in decades!! Discover an exceptional opportunity to own this charming 2-bedroom, 1.5-bath 1716 sf home tucked away on a private, expansive 0.46-acre lot located in Orinda’s highly desirable Glorietta neighborhood. Built in 1947 and featuring a quaint kitchen, formal living and dining rooms, family room, laundry room, 3 year old roof, and a newly built, detached 2 car garage on a lot that has ample room for expansion. This top tier location is perfectly positioned just moments from top-rated Glorietta Elementary, Meadow Swim and Tennis Club, scenic trails, and downtown Orinda and Lafayette, BART, and Highway 24. Location, location, location combines this smart investment with convenience and incredible upside potential all on one of Orinda most sought after streets!
Nearby schools
9/10
Glorietta Elementary School
Public,•K-5•0.7mi
9/10
Del Rey Elementary School
Public,•K-5•1.5mi
8/10
Donald L. Rheem Elementary School
Public,•K-5•2.0mi
9/10
Orinda Intermediate School
Public,•6-8•1.6mi
9/10
Joaquin Moraga Intermediate School
Public,•6-8•3.3mi
10/10
Miramonte High School
Public,•9-12•2.0mi
10/10
Campolindo High School
Public,•9-12•2.4mi
Condition Rating
Fair
Built in 1947, the property features a 'quaint' (dated) kitchen with older appliances, dated tile flooring, and backsplash. The main bathroom has a partially updated vanity but retains very dated pink/peach wall and shower tiles. While the roof is new (3 years old) and a new detached garage was built, the interior, especially the kitchen and bathrooms, requires significant renovation to meet modern standards. Core systems are likely original or very old, as noted in the property analysis. The home is maintained and functional but shows clear signs of age and outdated styles, fitting the 'fair' category.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20000, living area = 1716.
Great Schools: Elementary School: Glorietta Elementary School (9/10). Middle School: Orinda Intermediate School (9/10). High School: Miramonte High School (10/10).
Exceptional Location: Situated in Orinda's highly desirable Glorietta neighborhood, offering convenient access to top-rated schools, recreational facilities (Meadow Swim and Tennis Club, scenic trails), downtown Orinda/Lafayette, BART, and Highway 24.
Significant Lot Size & Expansion Potential: An expansive 0.46-acre private lot provides ample space for outdoor living and considerable room for future home expansion or additional structures, offering significant upside.
Strong Investment Opportunity: Being on the market for the first time in decades, combined with its prime location and expansion potential, positions this property as a smart investment with significant long-term value.
Key Recent Upgrades: Benefits from a relatively new roof (3 years old) and a newly built, detached two-car garage, reducing immediate capital expenditures for these major components.
Access to Top-Tier Schools: Zoned for highly-rated schools including Glorietta Elementary (9/10), Orinda Intermediate (9/10), and Miramonte High (10/10), a major draw for families.
Cons
Limited Bedroom/Bathroom Configuration: The 2-bedroom, 1.5-bathroom layout may not meet the needs of larger families or those desiring more modern living arrangements, especially given the property's square footage and lot size.
Dated Interior & Kitchen: The 'quaint kitchen' and 1947 build year suggest that much of the interior, including the kitchen and bathrooms, is likely dated and will require significant renovation to meet contemporary standards.
Age of Core Systems: As a 1947 build, the property may have original or older plumbing, electrical, and HVAC systems that could necessitate future costly upgrades or replacements, despite recent roof and garage updates.