
Walnut Creek, California 94597
This Mid-Century Ranch Home is a Strong Value Opportunity, listed at $1,295,000—positioned well below the $1,316,305 Fair Market Value by 1.6%. This valuation gap offers $21,305 in Instant Equity. The property maintains a Condition Rating of 3, featuring a renovated kitchen and updated flooring. With sweeping East Bay views, a large 10,350-square-foot lot, and proximity to Las Lomas High School, it balances lifestyle appeal with financial stability. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1540 Encanto Place Subject 3 bd · 2 ba · 1,498 sqft · $879 | $1,295,000* List Price | 3 | 2 | 1,498 | $879 | - |
A 61 Carlos Ct Sold 3 bd · 2 ba · 1,430 sqft · $1,003 · 0.2 mi | $1,435,000 | 3 | 2 | 1,430 | $1,003 | 0.2 mi |
B 1721 Mendota Way Sold 3 bd · 2 ba · 1,342 sqft · $894 · 0.4 mi | $1,200,000 | 3 | 2 | 1,342 | $894 | 0.4 mi |
C 2081 Essenay Ave Sold 3 bd · 2 ba · 1,662 sqft · $608 · 0.1 mi | $1,010,000 | 3 | 2 | 1,662 | $608 | 0.1 mi |
D 2080 2080 Essenay Ave Sold 3 bd · 2 ba · 1,687 sqft · $809 · 0.1 mi | $1,365,000 | 3 | 2 | 1,687 | $809 | 0.1 mi |
E 2466 Mallard Dr Sold 3 bd · 2 ba · 1,919 sqft · $813 · 0.2 mi | $1,560,000 | 3 | 2 | 1,919 | $813 | 0.2 mi |
F 1630 3rd Ave Sold 3 bd · 2 ba · 1,297 sqft · $821 · 0.7 mi | $1,065,000 | 3 | 2 | 1,297 | $821 | 0.7 mi |
G 2586 Buena Vista Ave Sold 3 bd · 2 ba · 1,350 sqft · $815 · 0.6 mi | $1,100,000 | 3 | 2 | 1,350 | $815 | 0.6 mi |
H 2652 Buena Vista Ave Sold 3 bd · 2 ba · 1,131 sqft · $928 · 0.5 mi | $1,050,000 | 3 | 2 | 1,131 | $928 | 0.5 mi |
I 1422 Novato Ct Pending 3 bd · 2 ba · 1,266 sqft · $1,047 · 0.2 mi | $1,325,000 List Price | 3 | 2 | 1,266 | $1,047 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1962, the home has been well-maintained and updated with a 5-15 year old kitchen renovation featuring stone countertops and stainless steel appliances, alongside newly updated flooring. It is functional and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10350, living area = 1498.
High School: Las Lomas High School (9/10).
The property boasts sweeping East Bay and Mount Diablo views from a generous 10,350-square-foot lot, featuring a view deck, level yard space, and mature landscaping including fruit trees and grapevines.
At 1,498 square feet, the interior living space is relatively modest for a three-bedroom home on a large lot, which may feel compact for families seeking expansive modern floor plans.
While well-maintained, the 1962 construction and traditional 3-bedroom, 2-bathroom layout may require additional updates or expansions to meet the expectations of buyers looking for contemporary luxury standards.
Welcome to 1540 Encanto Place, a single-level 3-bedroom, 2-bath ranch-style home with mid-century character, set near the end of a cul-de-sac in Walnut Creek’s Palos Verdes neighborhood. Positioned on an approximately 10,350-square-foot lot, the home offers abundant natural light, sweeping East Bay views, multiple outdoor living areas, and an easy single-story layout. Step through the French-door entry beneath a vaulted ceiling with a large skylight and exposed wood beam. A long sightline draws your eye through the home toward the distant hills, while new flooring and generous windows create a bright, welcoming feel. The living room features recessed lighting, fireplace, double-pane windows, and broad sliding glass doors opening to the rear view deck. The adjoining dining room shares the scenic backdrop, with large windows capturing views toward Mount Diablo. The kitchen includes extensive wood cabinetry, marble countertops, stainless steel appliances, a gas range, pantry storage, and peninsula seating. French doors provide direct access to the backyard, creating an easy indoor-outdoor connection. Three bedrooms and two full bathrooms complete the practical single-level floor plan. The front-facing primary bedroom offers a generous closet and good natural light, while the secondary bedrooms provide flexibility for family, guests, a home office, or creative space. Longtime pride of ownership is evident throughout, with the sellers having thoughtfully maintained and updated the home over the years. Outside, the approximately quarter-acre setting offers multiple places to relax, entertain, garden, and enjoy the views. Deck and patio areas create distinct outdoor living zones, while a largely level central portion of the yard adds usable space. Mature landscaping includes fig and citrus trees, established grapevines, sculpted plantings, and other greenery. Enjoy convenient access to downtown Walnut Creek, Lunardi’s and the Palos Verdes Shopping Center, BART, Larkey Park, the Contra Costa Canal Regional Trail, Walnut Creek open space and hiking, downtown Lafayette, Highway 680, and Highway 24. The location offers an appealing balance of neighborhood setting, everyday conveniences, outdoor recreation, dining, shopping, and regional transportation. Located within Mt. Diablo Unified School District. Buyer to verify schools, boundaries, square footage, lot size, and all property information.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 0.9 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.8 |
| Square foot | 1,498 | 2,058.393 |
| Lot Size | 10,350 | 11,520.074 |
| Price | $1.29M | $1.61M |
| Price per sq ft | $864 | $751 |
| Built year | 1962 | 1964 |
| HOA | $0 | $534 |
| Days on market | 26 | 38 |
Sep 28, 2026
$1,295,000
Initial Listing
Jul 8, 1983
$138,000
Public Record