1241 Homestead Ave 211, Walnut Creek, California 94598, Walnut Creek, 94598 - 1 bed, 1 bath
Loading property details...
1241 Homestead Ave 211
Walnut Creek, California 94598
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
729Sq Ft
0Lot Size
Property Price
LIST PRICE$359,000
EST. MARKET VALUE
$376,579
4% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $359,000—positioned well below the $376,580 Fair Market Value by 4%. This valuation gap provides $17,580 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the unit includes a Granite Kitchen, new laminate flooring, and a private patio. Located in a Top-Rated School District near BART and downtown, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready, high-demand asset.
Estimated Market Value
$376,579+$17,579 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Walnut Creek.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1241 Homestead Ave 211 Subject 1 bd · 1 ba · 729 sqft · $517 | $359,000* List Price | 1 | 1 | 729 | $517 | - |
A 205 Masters Ct 3 Sold 1 bd · 1 ba · 692 sqft · $578 · 0.4 mi | $400,000 | 1 | 1 | 692 | $578 | 0.4 mi |
B 1465 Marchbanks Dr 4 Sold 1 bd · 1 ba · 665 sqft · $517 · 0.5 mi | $344,000 | 1 | 1 | 665 | $517 | 0.5 mi |
C 1251 Homestead Ave 150 Sold 1 bd · 1 ba · 658 sqft · $521 · 0.1 mi | $343,000 | 1 | 1 | 658 | $521 | 0.1 mi |
D 1407 Marchbanks Drive 3 Sold 1 bd · 1 ba · 665 sqft · $504 · 0.5 mi | $335,000 | 1 | 1 | 665 | $504 | 0.5 mi |
E 1435 Marchbanks Active 1 bd · 1 ba · 550 sqft · $573 · 0.5 mi | $315,000 List Price | 1 | 1 | 550 | $573 | 0.5 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.
Despite the 1970 build date, the unit has undergone a comprehensive recent renovation (likely <5 years) including a modern kitchen with granite countertops and newer appliances, an updated bathroom, new laminate flooring, and fresh paint throughout, meeting the criteria for mint condition.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location and Accessibility
Ideally situated near downtown Walnut Creek, Broadway Plaza, and BART, offering residents exceptional access to premier shopping, dining, and major commuter routes like Highway 24 and 680.
- Turnkey Interior Updates
The condo is move-in ready with modern upgrades including new laminate flooring, fresh interior paint, and a remodeled kitchen featuring granite countertops and updated cabinetry.
- Investment Versatility
With no rental restrictions and a highly desirable location within a top-rated school district, this property offers significant flexibility for both owner-occupants and savvy investors.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The $530 monthly association fee is relatively high for a one-bedroom unit, which may impact the debt-to-income ratio for some buyers and overall monthly affordability.
- Lack of In-Unit Laundry
The property relies on shared community laundry facilities rather than having an in-unit washer and dryer, which is a common drawback for modern buyers seeking maximum convenience.
About 1241 Homestead Ave 211
Beautifully updated ground-floor condo in Walnut Creek's desirable Walnut Park community. This move-in ready 1-bedroom, 1-bath home offers 729± square feet of comfortable living space with fresh interior paint, new laminate flooring, and abundant natural light throughout. The spacious living room features a gas fireplace and sliding glass door that opens to an expansive private patio spanning the width of the unit, creating seamless indoor-outdoor living and an ideal space for entertaining, gardening, or relaxing. The updated kitchen includes granite countertops, tile backsplash, modern cabinetry, breakfast bar seating, and newer appliances. A separate dining area, generous bedroom, updated bathroom, and ample storage complete the floor plan. Additional features include assigned covered parking and a private patio storage closet. Community amenities include a swimming pool, laundry facilities, and beautifully maintained grounds. Ideally located near downtown Walnut Creek, Broadway Plaza, Walnut Creek BART, Iron Horse Trail, Heather Farm Park, shopping, dining, and major commuter routes including Highway 24 and 680. Top rated Walnut Creek schools. No rental restrictions offer flexibility for both owner-occupants and investors.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1970
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $530.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 729 | 1,118.684 |
| Lot Size | - | 1,033.383 |
| Price | $359.0K | $570.7K |
| Price per sq ft | $492 | $500 |
| Built year | 1970 | 1972 |
| HOA | $530.0 | $1.3K |
| Days on market | 10 | 55 |
Pricing History
Listed for Sale
Oct 14, 2026
$359,000
Initial Listing
Sold
Feb 10, 2016
$325,000
Public Record
Sold
May 20, 1997
$83,000
Public Record
Sold
Sep 29, 1995
$85,000
Public Record