
Walnut Creek, California 94596
This Spacious One-Bedroom Condo is a Strong Value Opportunity, listed at $599,000—positioned well above the $527,106 Fair Market Value by 13%. While priced at a premium, the property maintains a Good Condition Rating and offers a versatile layout with a dedicated office space and an oversized laundry room. Located in the heart of Downtown Walnut Creek, this residence provides a resort-style lifestyle with granite countertops and stainless steel appliances. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, high-walkability urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1315 Alma Ave 333 Subject | $599,000* List Price | 1 | 1 | 885 | $596 | - |
A 1315 1315 Alma Ave 331 Sold | $460,000 | 1 | 1 | 681 | $675 | 0.0 mi |
B 1315 Alma Ave 432 Sold | $655,000 | 2 | 2 | 965 | $679 | 0.0 mi |
C 555 Ygnacio Valley Rd 204 Sold | $590,000 | 1 | 2 | 1,032 | $572 | 0.9 mi |
D 22 Holcomb Ct Sold | $605,000 | 2 | 2 | 1,102 | $549 | 0.5 mi |
E 175 Sierra Dr 308 Sold | $475,000 | 2 | 1 | 950 | $500 | 0.8 mi |
F 1315 Alma Ave 323 Active | $475,000 List Price | 1 | 1 | 741 | $641 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2002 (22 years old), the property is well-maintained and move-in ready. The kitchen features granite countertops and stainless steel appliances, and the interior includes modern updates like plantation shutters and crown molding. While the building age is slightly over 20 years, the interior condition and functional systems align with the 'Good' criteria rather than 'Fair' as it is not dated and requires no immediate repairs.
At 885 sq ft, this unit is exceptionally large for a one-bedroom, featuring a dedicated office/flex space and a rare oversized laundry room with extensive storage and a utility sink.
Situated in the heart of Walnut Creek, the property offers unparalleled walkability to Broadway Plaza, BART, and high-end dining, with immediate access to Highway 24 and I-680.
The Montecito community provides a premium living experience with controlled access, a fitness center, clubhouse, business center, and beautifully landscaped courtyards.
The monthly association fee of $654 is a significant recurring expense for a one-bedroom unit, which may impact the debt-to-income ratio for some buyers.
Despite the generous square footage and flex space, the property remains a one-bedroom unit, which may limit its resale appeal to a smaller demographic compared to two-bedroom alternatives.
One of the most spacious and versatile one bedroom condos in Downtown Walnut Creek, this 885 sq ft residence at Montecito offers a flexible layout, dedicated office space and resort-style community amenities just moments from Broadway Plaza, dining, BART, parks, trails and commuter access. Inside, the thoughtfully designed floorplan features crown molding, plantation shutters, abundant natural light and an open living and dining area with sliding glass doors leading to a private balcony overlooking the beautifully landscaped courtyard with fountain and gazebo. The kitchen offers granite countertops, stainless steel appliances, white cabinetry and generous storage. Just off the entry, a separate office/flex space creates an ideal work-from-home setup, reading area or creative space. A standout feature is the oversized laundry room with full-size washer and dryer, utility sink, extensive cabinetry and additional counter space rarely found in condominium living. The spacious primary bedroom includes a walk-in closet and courtyard views, while the bathroom features granite countertops, storage cabinetry and a shower/tub combination. Residents enjoy controlled building access, underground parking, guest parking, assigned storage, a fitness center, clubhouse and business center, all within a beautifully maintained Mediterranean-inspired community convenient to Downtown Walnut Creek shopping, restaurants, entertainment, Highway 24 and Interstate 680.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 41% |
| Baths | 1.0 | 2.0 | 46% |
| Square foot | 885 | 950 | 41% |
| Lot Size | - | - | 50% |
| Price | $599.0K | $470.0K | 67% |
| Price per sq ft | $677 | $500 | 77% |
| Built year | 2002 | 1981 | 64% |
| HOA | $654.0 | $735 | 33% |
| Days on market | 19 | 142 | 3% |
May 18, 2026
$599,000
Initial Listing
Feb 27, 2020
$575,000
Public Record
Feb 27, 2018
$568,000
Public Record
May 23, 2008
$439,000
Public Record