
Lafayette, California 94549
This Mediterranean-style residence represents a High-Potential Investment Opportunity, listed at $1,345,000—positioned well above the $1,041,250 Fair Market Value by -29%. While the property features a Condition Rating of 4, the expansive 0.75-acre lot and seamless indoor-outdoor flow via private patios offer significant upside for cosmetic modernization. Despite the Mount Diablo school district assignment, the prime commuter location near BART and freeways ensures long-term demand. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in Lafayette.
Property is moderate renovation needed.
Built in 1976, the property is well-maintained but features a kitchen and interior finishes that appear to be from a renovation performed over 20 years ago. The arched cabinetry, older appliances, and tile work are functional but dated, fitting the criteria for a home needing cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 32234, living area = 1715.
Situated on a secluded 0.75-acre level lot with mature trees, the property offers exceptional privacy and rare outdoor space for recreation or gardening in a prime Lafayette location.
The Mediterranean-style architecture features an open-concept layout with beamed ceilings and private front and rear patios, perfectly designed for the California lifestyle and entertaining.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
At 1,715 square feet, the home's interior footprint is relatively modest compared to the large lot size, which may limit appeal for buyers seeking a larger luxury estate.
The property is zoned for the Mount Diablo school district rather than the highly coveted Lafayette School District, which could impact resale value for education-focused buyers.
OPEN SUNDAY 7/19 1pm-5pm. Tucked away down a private drive on a secluded .75-acre lot, this Mediterranean-style home offers the peaceful feel of a private retreat. The light-filled, open-concept layout seamlessly connects the kitchen, dining area, and family room, creating a warm and comfortable space highlighted by beamed ceilings and hardwood floors. A spacious primary bedroom provides a relaxing escape, while private front and rear patios are perfect for entertaining or simply enjoying the tranquil surroundings. Large, level yards surrounded by mature trees offer exceptional privacy and plenty of room to play, garden, or unwind. With its wonderful energy and effortless indoor-outdoor living, this is a home that simply feels good. Ideally located near shopping, restaurants, scenic trails, BART, and convenient freeway access in every direction. For More Info Visit 1555PhillRd.com
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,715 | 2,649 |
| Lot Size | 32,234 | 19,858 |
| Price | $1.34M | $2.25M |
| Price per sq ft | $784 | $877 |
| Built year | 1976 | 1963 |
| HOA | $0 | $349 |
| Days on market | 5 | 33 |
Jul 17, 2026
$1,345,000
Initial Listing
May 13, 1997
$273,000
Public Record