1500 Rockledge Ln 5, Walnut Creek, California 94595, Walnut Creek, 94595 - 2 bed, 1 bath
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1500 Rockledge Ln 5
Walnut Creek, California 94595
ACTIVE
CONDITION: GOOD
2Beds
1Baths
1,054Sq Ft
0Lot Size
Property Price
LIST PRICE$315,000
EST. MARKET VALUE
$320,693
SUMMARY
This Sequoia Model Condominium is a Strong Value Opportunity, listed at $315,000—positioned well below the $320,693 Fair Market Value by 1.78%. This valuation gap offers $5,693 in Instant Equity. Featuring a Condition Rating of 3, the unit offers a modernized open-concept kitchen, scenic hill views, and access to premier Rossmoor amenities. Located near top-tier schools like Burton Valley Elementary and Acalanes High, this property is an ideal acquisition for Owner-Occupants seeking a lifestyle-focused residence or first-time buyers.
Estimated Market Value
$320,693
Based on Realkey algorithm analyzing recent comparable sales in Walnut Creek.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1500 Rockledge Ln 5 Subject | $315,000* List Price | 2 | 1 | 1,054 | $304 | - |
A 1573 1573 Rockledge Ln 3 Sold | $321,500 | 2 | 1 | 1,095 | $294 | 0.0 mi |
B 1112 Rockledge Ln 6 Sold | $320,000 | 2 | 1 | 1,054 | $304 | 0.3 mi |
C 1160 Rockledge Lane 2 Sold | $325,000 | 2 | 1 | 1,131 | $287 | 0.3 mi |
D 1208 Rockledge Ln 3 Sold | $300,000 | 2 | 1 | 1,054 | $285 | 0.2 mi |
E 1557 1557 Rockledge Ln 2 Sold | $375,000 | 2 | 1 | 1,095 | $342 | 0.1 mi |
F 1117 Golden Rain Rd 1 Sold | $320,000 | 2 | 1 | 1,054 | $304 | 0.1 mi |
G 1232 Leisure Ln 7 Sold | $289,000 | 2 | 1 | 1,054 | $274 | 0.6 mi |
H 1548 Golden Rain Rd 2 Sold | $375,000 | 2 | 1 | 1,054 | $356 | 0.3 mi |
I 1224 Rockledge Ln 6 Active | $279,000 List Price | 2 | 1 | 1,054 | $265 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1964, the property features a Sequoia remodel with an open kitchen layout, fresh paint, and cleaned carpets. It is well-maintained and move-in ready with functional updates like plantation shutters and a stack washer/dryer, though some original elements like popcorn ceilings remain.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Burton Valley Elementary School (10/10). Middle School: M. H. Stanley Middle School (9/10). High School: Acalanes High School (10/10).
- Modernized Interior
This 'Sequoia' model has been tastefully remodeled with an open-concept kitchen, skylights, and fresh paint, offering a contemporary and move-in-ready living space.
- Resort-Style Amenities
Located in Rossmoor, the property provides access to unparalleled facilities including four pools, five clubhouses, a fitness center, and extensive sports courts for an active lifestyle.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee is $1,678 per month, which represents a significant recurring expense that may impact overall affordability for some buyers.
- Limited Bathroom Count
With two bedrooms but only one bathroom, the layout may be less convenient for those who frequently host guests or prefer a primary suite arrangement.
About 1500 Rockledge Ln 5
This gorgeous Sequoia remodel with open kitchen/dining room leads to an open balcony with picturesque hills views surrounded by trees. Other features include two skylights, fresh paint, freshly cleaned carpet, bathroom with stack washer/dryer. Carport #2 is within close proximity to the unit and guest parking. Plantation shutters in both bedrooms, close to Summer Farmers' Market, Gateway Clubhouse and Fitness Center. What Rossmoor has to offer: restaurant, state-of-the-art fitness center, 4 pools, 5 clubhouses, 8 tennis courts, 3 outdoor pickleball courts & 2 indoor pickleball courts, 3 lawn bowling greens, 2 bocce ball courts, table tennis facility, picnic areas, doggy park, numerous trails and parks...and much more.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1964
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1678.0 / Month
Neighborhood Insights
Walnut Creek Unified Schools
Burton Valley Elementary School
Grades K-5 • 0.9 mi
10/10
Parkmead Elementary School
Grades K-5 • 1.3 mi
7/10
Murwood Elementary School
Grades K-5 • 2.0 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,054 | 1,109.5 |
| Lot Size | - | 967.792 |
| Price | $315.0K | $572.0K |
| Price per sq ft | $299 | $502 |
| Built year | 1964 | 1972 |
| HOA | $1678.0 | $1.3K |
| Days on market | 15 | 52 |
Pricing History
Listed for Sale
Aug 25, 2026
$315,000
Initial Listing