1251 Homestead Ave 172, Walnut Creek, California 94598, Walnut Creek, 94598 - 2 bed, 2 bath
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1251 Homestead Ave 172
Walnut Creek, California 94598
ACTIVE
CONDITION: GOOD
2Beds
2Baths
944Sq Ft
0Lot Size
Property Price
LIST PRICE$450,000
EST. MARKET VALUE
$447,010
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $475,000—positioned well below the $464,961 Fair Market Value by -2%. Featuring a refreshed kitchen with granite countertops and an updated bathroom, the unit maintains a Condition Rating of 3, offering a move-in-ready lifestyle. With access to a community pool and deck, this residence provides an ideal urban experience in Downtown Walnut Creek. This property is a balanced choice for first-time buyers or owner-occupants seeking a convenient, low-maintenance home.
Estimated Market Value
$447,010
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 |
|---|---|---|---|---|---|---|
★ 1251 Homestead Ave 172 Subject 2 bd · 2 ba · 944 sqft · $474 | $450,000* List Price | 2 | 2 | 944 | $474 | - |
A 125 Player Ct 3 Sold 2 bd · 2 ba · 1,071 sqft · $448 · 0.4 mi | $480,000 | 2 | 2 | 1,071 | $448 | 0.4 mi |
B 1473 Marchbanks Dr 4 Sold 2 bd · 2 ba · 950 sqft · $416 · 0.5 mi | $395,000 | 2 | 2 | 950 | $416 | 0.5 mi |
C 233 Masters Ct 4 Sold 2 bd · 1 ba · 871 sqft · $542 · 0.4 mi | $472,500 | 2 | 1 | 871 | $542 | 0.4 mi |
D 1251 Homestead Ave 150 Sold 1 bd · 1 ba · 658 sqft · $521 · 0.0 mi | $343,000 | 1 | 1 | 658 | $521 | 0.0 mi |
E 1407 Marchbanks Drive 3 Sold 1 bd · 1 ba · 665 sqft · $504 · 0.5 mi | $335,000 | 1 | 1 | 665 | $504 | 0.5 mi |
F 205 Masters Ct 3 Sold 1 bd · 1 ba · 692 sqft · $578 · 0.4 mi | $400,000 | 1 | 1 | 692 | $578 | 0.4 mi |
G 1465 Marchbanks Dr 4 Sold 1 bd · 1 ba · 665 sqft · $517 · 0.5 mi | $344,000 | 1 | 1 | 665 | $517 | 0.5 mi |
H 1241 Homestead Ave 211 Active 1 bd · 1 ba · 729 sqft · $492 · 0.0 mi | $359,000 List Price | 1 | 1 | 729 | $492 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1970 but features recent updates including a refreshed kitchen with granite countertops, updated bathrooms with modern subway tile, and newer laminate flooring. The unit is move-in ready and well-maintained, though some older systems like the wall heater are still present.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Downtown Location
Situated in the heart of Downtown Walnut Creek, this property offers exceptional walkability to acclaimed restaurants, boutiques, and the Iron Horse Trail, catering to a vibrant urban lifestyle.
- Modern Interior Updates
The residence features a refreshed kitchen with granite countertops and updated bathrooms, providing a move-in-ready aesthetic that appeals to contemporary buyers.
- Competitive Price Point
Listed at $475,000 for a 2-bedroom, 2-bathroom configuration, this home represents a highly accessible entry point into the prestigious Walnut Creek real estate market.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $530 is relatively high for a sub-1,000 square foot unit, which may impact overall affordability and the buyer's monthly debt-to-income ratio.
- Aging Building Infrastructure
Built in 1970, the property may lack the modern energy efficiencies, soundproofing, and contemporary amenities found in newer luxury condominium developments in the area.
About 1251 Homestead Ave 172
Welcome to this beautifully updated 2-bedroom, 2-bath residence in the heart of Downtown Walnut Creek. Offering approximately 944 square feet of comfortable living space, this inviting home blends modern updates with an exceptionally convenient location. The thoughtfully refreshed kitchen features granite countertops and provides a functional space for everyday meals or entertaining. Updated bathrooms add a polished, move-in-ready feel, while a combination of laminate flooring and carpet creates comfort and flexibility throughout the home. Enjoy close proximity to the Iron Horse Trail along with Downtown Walnut Creek’s acclaimed restaurants, boutiques, cafes, parks, entertainment, and public transit options. Whether commuting, enjoying a night out, or taking advantage of the area’s outdoor recreation, this location makes it easy to experience the vibrant lifestyle Walnut Creek is known for. An exceptional opportunity to enjoy updated interiors and an unbeatable Downtown Walnut Creek location.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1970
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 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 | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 944 | 1,118.684 |
| Lot Size | - | 1,033.383 |
| Price | $450.0K | $570.7K |
| Price per sq ft | $477 | $500 |
| Built year | 1970 | 1972 |
| HOA | $530.0 | $1.3K |
| Days on market | 30 | 55 |
Pricing History
Listed for Sale
Oct 22, 2026
$450,000
$465,000
-3% Price Drop
Initial Listing
Price Change
Oct 3, 2026
$465,000
$475,000
-2% Price Drop
Initial Listing
Price Change
Sep 24, 2026
$475,000
Initial Listing
Sold
Dec 5, 2019
$425,000
Public Record
Sold
Apr 1, 2015
$385,000
Public Record
Sold
Sep 14, 2010
$225,000
Public Record
Sold
Mar 10, 2005
$405,000
Public Record
Sold
Dec 10, 1997
$107,000
Public Record