
Alamo, California 94507
This property presents a High-Potential Investment Opportunity with a List Price of $899,000—positioned well below the $903,840 Fair Market Value by 0.54%. This rare single-level end unit offers a Condition Rating of 4, requiring modernization to unlock its full potential. Situated in a serene setting with San Ramon Creek views and access to top-rated schools like San Ramon Valley High (10/10), it provides a unique value-add foundation. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 158 Alamo Square Subject | $899,000* List Price | 3 | 2 | 1,639 | $551 | - |
A 188 Alamo Sq Active | $1,049,500 List Price | 3 | 3 | 1,889 | $556 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975 and explicitly described as 'not improved for the sale,' this 49-year-old property is in original, dated condition. While the structure appears sound and functional, the lack of updates to the kitchen, baths, and likely the systems (HVAC/Electric) necessitates significant cosmetic and functional modernization.
Elementary School: Rancho Romero Elementary School (9/10). High School: San Ramon Valley High School (10/10).
Situated in the prestigious Alamo community, the property is zoned for highly-rated schools including San Ramon Valley High (10/10) and Rancho Romero Elementary (9/10), ensuring long-term value.
The rare single-story floor plan combined with an end-unit position offers enhanced privacy, accessibility, and an abundance of natural light compared to interior units.
The property is in original condition and has not been updated for the sale, requiring a buyer willing to invest substantial additional capital for modern upgrades and design choices.
At $837 per month, the association fees are relatively high, which may deter budget-conscious buyers and impact the overall monthly carrying costs and financing qualifications.
Single level, quiet and private end unit. The tree canopy and nature of the San Ramon Creek is the dominant view from the decks and inside through the twin cathedral windows and 4 double sliders. It is amazing how the the openness and height of the structure affects the degree of solitude one feels there. The hardwood floors and plenty of storage makes it easy to keep the place tidy.. Lastly enjoy the relaxing community pool, the closeness to downtown Alamo and the Iron Horse Trail.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,639 | - |
| Lot Size | 2,200 | - |
| Price | $899.0K | $1.05M |
| Price per sq ft | $549 | $590 |
| Built year | 1975 | 0 |
| HOA | $837.0 | $0 |
| Days on market | 14 | 95 |
Jul 9, 2026
$899,000
Initial Listing
Jul 20, 2005
$735,000
Public Record
Aug 25, 1995
$238,500
Public Record