1348 1348 Rockledge Ln 4, Walnut Creek, California 94595, Walnut Creek, 94595 - 2 bed, 1 bath
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Walnut Creek, California 94595
This Renovated Carmel Model Condominium is a Strong Value Opportunity, listed at $397,000—positioned well below the $438,406 Fair Market Value by 9%. This valuation gap provides $41,406 in Instant Equity for a home boasting an Excellent Condition Rating following extensive modern updates. Residents enjoy Mt Diablo Hills views from dual patios and access to Top-Rated Schools including Burton Valley Elementary (10/10) and Acalanes High (10/10). This move-in-ready sanctuary is an ideal match for Active Seniors or Owner-Occupants seeking a high-amenity lifestyle with immediate financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1348 1348 Rockledge Ln 4 Subject | $389,000* List Price | 2 | 1 | 1,048 | $371 | - |
A 1388 Rockledge Ln 4 Sold | $465,000 | 2 | 1 | 1,054 | $441 | 0.0 mi |
B 1708 Oakmont Dr 1 Sold | $359,000 | 2 | 1 | 1,095 | $328 | 0.5 mi |
C 1816 Golden Rain Rd 13 Sold | $329,000 | 2 | 1 | 1,054 | $312 | 0.6 mi |
D 2425 Pine Knoll Dr 1 Sold | $449,000 | 2 | 1 | 1,058 | $424 | 0.5 mi |
E 1517 Oakmont Dr 1 Sold | $418,000 | 2 | 1 | 1,081 | $387 | 0.4 mi |
F 1501 Oakmont 7 Sold | $480,000 | 2 | 1 | 1,081 | $444 | 0.4 mi |
G 1184 1184 Rockledge Ln 5 Active | $498,800 List Price | 2 | 1 | 1,054 | $473 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1964, the property has undergone an extensive recent renovation within the last 5 years. It features new stone composite core flooring, plush carpets, and a freshly painted interior. The kitchen and bathroom have been modernized with new vanity counters, updated lighting, and a modern chandelier, meeting current quality standards for a move-in-ready home.
Elementary School: Burton Valley Elementary School (10/10). Middle School: M. H. Stanley Middle School (9/10). High School: Acalanes High School (10/10).
The property features significant recent upgrades, including new stone composite core flooring, plush carpets, fresh interior paint, and updated kitchen and bathroom finishes, providing a move-in-ready experience.
With two private, spacious patios offering stunning views of the Mt. Diablo Hills, the home provides exceptional outdoor space that enhances the overall living area and aesthetic appeal.
The monthly association fee of $1,383 is quite substantial, which may impact the overall affordability and appeal for budget-conscious buyers.
Despite having two bedrooms and over 1,000 square feet of living space, the unit only features one bathroom, which may be a drawback for households with multiple occupants or frequent guests.
This popular Carmel layout offers a bright & open floor plan & boasts new stone composite core flooring & plush carpets, freshly painted interior, updated kitchen & bathroom & two private, spacious & shady patios. As you enter the home, the entire space is filled with abundant natural light. The kitchen offers a versatile breakfast bar with generous counter space & cabinets for storage & comes complete with refrigerator, oven & stove top & dishwasher, making cooking & entertaining a delight. The open kitchen overlooks the bright & cheery dining room with modern chandelier & seamlessly flows into the spacious living room with a wall of sliding glass doors that lead out to the private back patio with stunning views of the Mt Diablo Hills. The bedrooms are both airy & bright with a full wall of large windows in each room allowing natural light to fill the space & provide stunning views day or night. The full bathroom includes new vanity counter & sink, updated lighting, an expansive linen closet and a spacious shower over tub combo. There is also an additional coat closet in the hallway for more storage space. The Carport includes large parking space (#5) near unit and a secure & spacious closet & double door cabinet to allow for more even more storage.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.4 mi
Grades K-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 30% |
| Square foot | 1,048 | 1,234 | 15% |
| Lot Size | - | - | 50% |
| Price | $389.0K | $614.8K | 19% |
| Price per sq ft | $371 | $489 | 21% |
| Built year | 1964 | 1971 | 13% |
| HOA | $1383.0 | $1.4K | 50% |
| Days on market | 69 | 167 | 14% |
Apr 15, 2026
$389,000
$397,000
-2% Price Drop
Initial Listing
Feb 12, 2026
$397,000
Initial Listing