1557 1557 Rockledge Ln 2, Walnut Creek, California 94595, Walnut Creek, 94595 - 2 bed, 1 bath
1557 1557 Rockledge Ln 2
Walnut Creek, California 94595
Property Price
SUMMARY
Analysis of 1557 1557 Rockledge Ln 2, Walnut Creek, California 94595 is currently available with a list price of $425,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Walnut Creek Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is well-maintained and 'move-in ready' due to recent cosmetic refreshes including new carpet, fresh interior paint, and updated light fixtures. However, it retains a 'fair' rating because the core high-value areas—the kitchen and bathroom—remain dated. The kitchen features older white appliances (including an electric coil cooktop) and older cabinetry styles, while the bathroom fixtures and overall layout reflect the 1964 construction rather than a modern renovation. It is a clean, functional home that shows its age through its original systems and styling.
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).
- Move-In Ready Condition
The home has been beautifully refreshed with new carpet, fresh interior paint, and updated lighting, offering a turnkey opportunity for buyers seeking a seamless transition.
- Exceptional Outdoor Living
The property features both a landscaped front patio and a rear patio with expansive views of the Tice Valley hills, providing rare and versatile outdoor spaces for a condominium.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee of $1,383 per month is significant and may be a deterrent for budget-conscious buyers or those on a fixed income.
- Limited Bathroom Configuration
As a two-bedroom unit with only one bathroom, the layout may lack the convenience and privacy desired by buyers who frequently host overnight guests.
About 1557 1557 Rockledge Ln 2
Charming Carmel model in a private, serene setting! This light and bright two-bedroom, one-bath home is move-in ready and beautifully refreshed with new carpet, fresh interior paint, and a stylish new dining room light fixture. Enjoy the spacious landscaped front patio — perfect for morning coffee or outdoor entertaining. The back patio offers a lovely grassy area and expansive views of the Tice Valley hills, creating a peaceful retreat. Complete with a full-size washer and dryer, this inviting home offers comfort, charm, and exceptional outdoor living, perfect for you and your furry friend. Rossmoor is a 55+ active adult gated community.
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
- $1383.0 / Month
Neighborhood Insights
Walnut Creek Unified Schools
Burton Valley Elementary School
Grades K-5 • 0.9 mi
Parkmead Elementary School
Grades K-5 • 1.3 mi
Murwood Elementary School
Grades K-5 • 2.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 29% |
| Square foot | 1,095 | 1,218 | 37% |
| Lot Size | - | - | 50% |
| Price | $425.0K | $607.5K | 24% |
| Price per sq ft | $388 | $491 | 25% |
| Built year | 1964 | 1971 | 13% |
| HOA | $1383.0 | $1.4K | 50% |
| Days on market | 9 | 166 | 1% |
Pricing History
Listed for Sale
Feb 26, 2026
$425,000
Initial Listing