1248 Upper Happy Valley Rd, Lafayette, California 94549, Lafayette, 94549 - 5 bed, 5 bath
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Lafayette, California 94549
This Distinctive Upper Happy Valley Estate is a Prime Investment Opportunity, listed at $4,295,000—positioned well below the $4,390,757 Fair Market Value by 2%. This valuation gap provides $95,757 in Instant Equity. Boasting a Good Condition Rating, the residence features Tasmanian oak hardwoods, a chef’s kitchen with Viking appliances, and a resort-style 41-foot swimming pool and spa. Located near top-rated schools including Miramonte High (10/10) and Happy Valley Elementary, this sanctuary is ideal for luxury-seeking families or owner-occupants desiring a sophisticated lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1248 Upper Happy Valley Rd Subject | $4,295,000* List Price | 5 | 5 | 4,830 | $909 | - |
A 3957 Rancho Rd Sold | $4,900,000 | 6 | 6 | 5,450 | $899 | 0.8 mi |
B 3749 St Francis Dr Sold | $3,400,000 | 6 | 5 | 5,181 | $656 | 1.0 mi |
C 4018 4018 Tilden Ln Sold | $3,250,000 | 4 | 4 | 3,157 | $1,029 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and has been exceptionally well-maintained. While built in 1997, it features high-end upgrades such as newly refinished Tasmanian oak hardwoods, updated designer light fixtures, and premium Viking kitchen appliances. Although the kitchen and bathrooms retain some original late-90s features like tile countertops and limestone surfaces, the overall quality, pristine landscaping, and lack of deferred maintenance align with a 'Good' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 29185, living area = 4830.
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 prestigious Upper Happy Valley, the property is within walking distance to top-rated Happy Valley Elementary and serves elite school districts including Acalanes High.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4830, other record living area = 4707.
Built in 1997, the property may require cosmetic updates to its original finishes and architectural style to meet the expectations of contemporary luxury buyers.
The large-scale manicured gardens, extensive pool facilities, and significant square footage necessitate a substantial ongoing budget for landscaping and property upkeep.
This distinctive home rests on a .67-acre lot in the heart of Upper Happy Valley. Entertain guests before dinner in the spacious living room (with a wood-burning fireplace) just off the grand entry foyer, or in the 399-sq-ft family room (under a 14-ft ceiling, with another wood fireplace and garden views on 3 sides) just down the hall. Newly refinished Tasmanian oak hardwoods link the living areas. The kitchen features a Jerusalem limestone island and counters, a Viking range, and a breakfast nook. Ample cabinetry and a walk-in pantry supply ample storage space. The principal suite and another bedroom are downstairs, each with garden views and a bathroom. The principal suite offers a spacious walk-in closet with built-in shelving and hanging space. The en-suite bath features dual sinks, a spa tub, and a large walk-in shower. Three other bedrooms and 2 bathrooms are upstairs, along with a 288-sq-ft media/play room, and closet space galore. Work from home is a pleasure in the office just off the entry foyer. The back yard is surrounded by redwoods, a striking Marina strawberry tree, and manicured gardens. It offers a 41-foot swimming pool, ample deck space, a hot tub, and a grassy play area. A driveway and 3-car garage provide ample parking.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 2.5 mi
Grades K-5 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 68% |
| Baths | 5.0 | 3.0 | 73% |
| Square foot | 4,830 | 2,834 | 87% |
| Lot Size | 29,185 | 20,034 | 72% |
| Price | $4.29M | $2.10M | 88% |
| Price per sq ft | $889 | $846 | 59% |
| Built year | 1997 | 1960 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 161 | 1% |
Apr 16, 2026
$4,295,000
Initial Listing
Apr 22, 1996
$385,000
Public Record