
Walnut Creek, California 94598
This Versatile Multi-Generational Residence is a Strong Value Opportunity, listed at $1,649,000—positioned well below the $1,603,332 Fair Market Value by -2%. Featuring a Condition Rating of 3, the home offers a newly refinished deck, owned solar, and a 705 sqft private lower unit with a second kitchen. Located near top-rated schools like Las Lomas High (9/10), this property balances lifestyle comfort with income-generating potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking flexible living arrangements in Walnut Creek.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1465 Cortez Ct Subject 5 bd · 3 ba · 2,606 sqft · $596 | $1,649,000* List Price | 5 | 3 | 2,606 | $596 | - |
A 1461 Cortez Ct Active 3 bd · 3 ba · 2,803 sqft · $497 · 0.0 mi | $1,394,000 List Price | 3 | 3 | 2,803 | $497 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1979 but very well-maintained with partial renovations. The main kitchen features functional granite tile countertops and stainless steel appliances, while the lower unit has been recently updated with a modern kitchen and a newly remodeled bathroom. Key systems are in great shape with an updated three-zone HVAC and owned solar, making the home fully move-in ready.
High School: Las Lomas High School (9/10).
The property features a fully self-contained 705 sqft lower unit with a private entrance, kitchen, and laundry, offering excellent flexibility for rental income or multi-generational living.
Qualified buyers have the rare opportunity to assume a phenomenal existing interest rate, providing a significant competitive edge and long-term savings in the current lending environment.
At 5,355 square feet, the lot is relatively compact for a 2,600+ square foot residence, which may limit private outdoor yard space for gardening or play.
The $300 monthly association fee adds a mandatory recurring expense that may be a drawback for buyers seeking a detached home without neighborhood oversight or additional monthly costs.
Rare opportunity for qualified buyers: assume the seller's existing loan at a phenomenal interest rate! Tucked away on a tranquil court in the desirable Gardens of Walnut Creek, this North-East facing detached single-family home offers sweeping views, beautiful sunsets, and a versatile floor plan with an unexpected bonus: a private, separate lower unit complete with its own entrance, kitchen, laundry, two bedrooms, and a newly remodeled bathroom. The main home is on one level and spans approximately 1,901 square feet featuring three bedrooms and two bathrooms. High ceilings create an impressive sense of space upon entry, while hardwood and luxury vinyl tile flooring add warmth and character throughout. The kitchen features granite tile countertops, stainless appliances including a wine refrigerator and a walk in pantry, while built-in speakers add to the home’s entertaining appeal. Step outside onto the newly refinished deck to take in the surrounding views and spectacular sunsets. Downstairs, a separate unit has approximately 705 additional square feet offering incredible flexibility with two bedrooms, a newly remodeled bathroom, a second kitchen, dedicated laundry, and a separate private entrance. Whether used for multi-generational living, extended guests, or potential rental income, this additional living space opens the door to a variety of possibilities. Additional highlights include an updated three-zone HVAC system and owned solar. All of this is set in a convenient Walnut Creek location near hiking trails, John Muir Hospital, Heather Farm Park, downtown Walnut Creek, and major freeways, with I-680 approximately two miles away. With incredible views, flexible living spaces, and a rare assumable interest rate opportunity for qualified buyers, 1465 Cortez Court is a property with possibilities you won’t want to miss.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.5 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 2.8 |
| Square foot | 2,606 | 2,058.393 |
| Lot Size | 5,355 | 11,520.074 |
| Price | $1.65M | $1.61M |
| Price per sq ft | $633 | $751 |
| Built year | 1979 | 1964 |
| HOA | $300.0 | $534 |
| Days on market | 40 | 38 |
Sep 14, 2026
$1,649,000
Initial Listing
Jul 2, 2021
$1,440,000
Public Record
Jun 7, 2007
$890,000
Public Record
Nov 20, 2001
$525,000
Public Record
Dec 3, 1998
$390,000
Public Record