
Walnut Creek, California 94595
This property presents a High-Potential Investment Opportunity with a List Price of $285,000—positioned well below the $273,479 Fair Market Value by -4%. While the home maintains a Condition Rating of 5, its original 1965 finishes provide a blank canvas for modernization. Located in the premier 55+ Rossmoor community, residents gain access to extensive amenities, including golf and fitness centers. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic interior renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1549 Oakmont Dr 4 Subject 2 bd · 1 ba · 1,054 sqft · $259 | $285,000* List Price | 2 | 1 | 1,054 | $259 | - |
A 2333 Pine Knoll Dr 14 Sold 2 bd · 1 ba · 1,054 sqft · $251 · 0.2 mi | $265,000 | 2 | 1 | 1,054 | $251 | 0.2 mi |
B 2801 Golden Rain Rd 3 Sold 2 bd · 1 ba · 1,054 sqft · $255 · 0.6 mi | $269,000 | 2 | 1 | 1,054 | $255 | 0.6 mi |
C 1316 Oakmont Dr 5 Sold 2 bd · 1 ba · 1,054 sqft · $321 · 0.2 mi | $338,000 | 2 | 1 | 1,054 | $321 | 0.2 mi |
D 1832 Golden Rain 6 Sold 2 bd · 1 ba · 1,054 sqft · $275 · 0.5 mi | $290,000 | 2 | 1 | 1,054 | $275 | 0.5 mi |
E 2901 Golden Rain Rd 2 Sold 2 bd · 1 ba · 1,054 sqft · $285 · 0.6 mi | $300,000 | 2 | 1 | 1,054 | $285 | 0.6 mi |
F 2400 Pine Knoll 3 Active 2 bd · 1 ba · 1,054 sqft · $284 · 0.1 mi | $299,000 List Price | 2 | 1 | 1,054 | $284 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1965, the property features original kitchen cabinetry, laminate countertops, and a bathroom that maintains its original character from nearly 60 years ago. While clean, the lack of modernization and the need for a full interior rehab to update systems and finishes places it in the poor category based on age and lack of renovation.
Elementary School: Burton Valley Elementary School (10/10). Middle School: M. H. Stanley Middle School (9/10). High School: San Ramon Valley High School (10/10).
Located in the premier Rossmoor 55+ community, residents enjoy unparalleled access to 27 holes of golf, five pools, a state-of-the-art fitness center, and over 180 social clubs, offering an active and engaged lifestyle.
The unit boasts a bright living space and a covered patio with UV protection screens that offer serene views of Mount Diablo and the surrounding lush greenbelts.
The association fee of $1,383 per month is substantial and may be a deterrent for budget-conscious buyers despite the extensive amenities included.
The property retains its original cabinetry, laminate countertops, and linoleum flooring, requiring immediate capital investment for those seeking a modern aesthetic.
Welcome to Rossmoor, one of Walnut Creek’s premier 55+ active adult communities, where beautiful surroundings, recreation, convenience, and an incredible sense of community come together. Tucked into the lush and peaceful grounds of Rossmoor, this two-bedroom condo offers a comfortable opportunity to make the space your own while enjoying everything this exceptional community has to offer. As you arrive, you’ll be welcomed by beautifully maintained greenbelt surroundings, convenient guest parking, and nearby carport parking. Follow the walkway to Unit 4, where a welcoming entry leads you inside. The home opens to a bright living space with beautiful views toward Mount Diablo and plenty of natural light. The living room flows naturally into the kitchen, which features original wood cabinetry, laminate countertops, an electric cooktop, dishwasher, refrigerator, and linoleum flooring. Continue through the home and you’ll find a covered patio that truly takes advantage of the setting. Surrounded by greenery and plants, the patio offers a peaceful place to enjoy your morning coffee, unwind in the afternoon, or take in the evening while enjoying the views and abundant sunlight. Seller-installed UV protection screens provide the option to help reduce the intensity of the sun when desired. Both bedrooms offer generous natural light and good closet space. The primary bedroom provides plenty of room for comfortable living, while the second bedroom features a large window that brings in additional natural light. The bathroom maintains its original character and includes the convenience of a stacked washer and dryer. This home is priced with its condition in mind and presents an opportunity for a new owner to bring their vision and personal touches to the property. But beyond the walls of this home is what makes Rossmoor truly special. Residents enjoy an extraordinary collection of amenities, including multiple clubhouses, five pools, a state-of-the-art Fitness Center, 27 holes of golf, tennis and pickleball courts, bocce, lawn bowling, hobby and arts studios, parks, gardens, a dog park, approximately nine miles of walking and hiking trails, RV and boat storage, guest parking, EV charging, community transportation, and 24/7 security and gate services. Rossmoor also offers more than 180 clubs along with concerts, classes, movies, excursions, community events, and other activities throughout the year.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.3 mi
Grades K-5 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,054 | 1,118.684 |
| Lot Size | - | 1,033.383 |
| Price | $285.0K | $570.7K |
| Price per sq ft | $270 | $500 |
| Built year | 1965 | 1972 |
| HOA | $1383.0 | $1.3K |
| Days on market | 16 | 55 |
Oct 8, 2026
$285,000
Initial Listing