
Alamo, California 94507
This Spacious Multi-Generational Home is a Strong Value Opportunity, listed at $2,288,000—positioned well below the $2,489,303 Fair Market Value by 8%. This valuation gap offers $201,303 in Instant Equity. The property is in Mint Condition, featuring recent renovations and a versatile lower-level suite. With a massive .73-acre lot offering potential for an ADU or lot split, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility asset in the San Ramon Valley school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1290 Laverock Ln Subject | $1,900,000* List Price | 4 | 4 | 3,276 | $654 | - |
A 34 Sugarloaf Terrace Sold | $2,050,000 | 5 | 3 | 3,465 | $592 | 0.3 mi |
B 15 Wilson Court Sold | $2,360,000 | 5 | 3 | 3,320 | $711 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1977, the property has undergone a comprehensive recent renovation (likely <5 years) as evidenced by the new LVP flooring, new carpeting, and fully modernized bathrooms with contemporary vanities, fixtures, and lighting. The interior is in mint, move-in-ready condition with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 31799, living area = 3276.
The expansive .73-acre corner lot offers rare flexibility for a potential lot split or the addition of an ADU with a separate driveway, providing significant long-term value appreciation.
Featuring a private lower-level suite with its own entrance, living area, and bedroom, the home is perfectly configured for rental income, in-laws, or extended family.
The proposed lot split and ADU potential are strictly subject to Contra Costa County approval, which introduces risk and timing uncertainty for development-focused buyers.
Built in 1977, the property may require additional capital investment to modernize original systems or architectural elements beyond the recent cosmetic flooring and carpet updates.
Set on an expansive .73-acre corner lot, this property offers exceptional flexibility, including existing multi-generational living space + possible lot split with new home or ADU with separate driveway (subject to CoCo County approval). This home is the perfect long-term play at an approachable Alamo price. The main level has a great floor plan with 2-step access from the garage, vaulted ceilings, new LVP flooring and carpet, 3-bedrooms and 2.5 baths. The attached lower-level one-bedroom, one-bath living suite can be whatever you want! The private exterior entrance with living room / eating space is great for in-laws, adult kids or renting out. Conveniently located with access to downtown Walnut Creek and Danville, BART, freeway routes, Alamo Elementary, and Livorna Park. Massive RV Parking. Open Sat 11:30 to 2:30pm Open Sun 1:00 to 4:00pm
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 5.0 |
| Baths | 4.0 | 4.0 |
| Square foot | 3,276 | 3,561 |
| Lot Size | 31,799 | 22,000 |
| Price | $1.90M | $2.78M |
| Price per sq ft | $580 | $920 |
| Built year | 1977 | 1981 |
| HOA | $0 | $860 |
| Days on market | 35 | 28 |
Jul 18, 2026
$1,900,000
$1,999,000
-5% Price Drop
Initial Listing
Jun 27, 2026
$1,999,000
$2,288,000
-13% Price Drop
Initial Listing
Jun 18, 2026
$2,288,000
Initial Listing
Jul 3, 2002
$935,000
Public Record
Dec 31, 2001
$100,000
Public Record
Aug 10, 2001
$745,000
Public Record
Sep 30, 1997
$401,000
Public Record