1388 Rockledge Lane 5, Walnut Creek, California 94595, Walnut Creek, 94595 - 2 bed, 1 bath
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Walnut Creek, California 94595
This Move-In Ready 55+ Condo represents a Strong Value Opportunity, listed at $350,000—positioned well below the $371,841 Fair Market Value by 5%. This valuation gap provides $21,841 in Instant Equity. Featuring a Condition Rating of 3, the unit offers serene hill views, a private balcony, and access to premier Rossmoor amenities. With proximity to top-rated schools like Burton Valley Elementary, this property is an ideal choice for active retirees or downsizing owner-occupants seeking a balanced, resort-style lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1388 Rockledge Lane 5 Subject | $350,000* List Price | 2 | 1 | 1,054 | $353 | - |
A 1301 Leisure Ln 7 Sold | $350,000 | 2 | 1 | 1,054 | $332 | 0.5 mi |
B 1524 Golden Rain Rd 7 Sold | $380,000 | 2 | 1 | 1,054 | $361 | 0.4 mi |
C 1548 Golden Rain Rd 2 Sold | $375,000 | 2 | 1 | 1,054 | $356 | 0.4 mi |
D 1517 Oakmont Dr 1 Sold | $418,000 | 2 | 1 | 1,081 | $387 | 0.4 mi |
E 2425 Pine Knoll Dr 1 Sold | $449,000 | 2 | 1 | 1,058 | $424 | 0.5 mi |
F 1316 Oakmont Dr 5 Sold | $338,000 | 2 | 1 | 1,054 | $321 | 0.2 mi |
G 1348 1348 Rockledge Ln 4 Active | $370,000 List Price | 2 | 1 | 1,048 | $353 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1964, the unit is well-maintained and move-in ready. It features an updated bathroom and indoor laundry. The kitchen is functional and clean with white cabinetry, though the appliances (coil-top electric stove) and overall aesthetic are dated, fitting the 10-20 year maintenance/reno profile.
Elementary School: Burton Valley Elementary School (10/10). Middle School: M. H. Stanley Middle School (9/10). High School: Acalanes High School (10/10).
Located in the premier Rossmoor 55+ community, residents have access to an extensive array of amenities including a fitness center, four pools, tennis and pickleball courts, and a remodeled restaurant, offering an unparalleled active lifestyle.
This beautifully maintained upper-level condo features an updated bathroom and the rare convenience of an indoor washer and dryer, providing a modern and functional living space from day one.
The monthly association fee of $1,383 is significantly high and may impact the overall affordability and debt-to-income ratio for prospective buyers.
With two bedrooms but only one bathroom, the layout may be less convenient for residents who frequently host guests or for couples seeking more personal space.
Bright and beautifully maintained upper-level condo located in the highly sought-after 55+ Rossmoor community. This move-in ready 2-bedroom, 1-bath home offers an abundance of natural light, spacious living, serene hill views, and a large private balcony perfect for relaxing or private entertaining. Features include updated bathroom, indoor washer/dryer, extra storage, and a peaceful setting surrounded by nature. Rossmoor has so much to offer; a beautifully remodeled restaurant with outdoor seating, state-of-the-art fitness center, four pools, five clubhouses, eight tennis courts, three outdoor pickleball courts and two indoor pickleball courts. Several picnic areas, doggy park, and numerous trails and parks to explore. Great location. Exceptional lifestyle. Wonderful opportunity.
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 | 29% |
| Square foot | 1,054 | 1,224 | 33% |
| Lot Size | - | - | 50% |
| Price | $350.0K | $629.5K | 15% |
| Price per sq ft | $332 | $498 | 15% |
| Built year | 1964 | 1971 | 14% |
| HOA | $1383.0 | $1.4K | 50% |
| Days on market | 10 | 140 | 0% |
May 27, 2026
$350,000
Initial Listing