
Lafayette, California 94549
This Rare Two-Home Compound represents a High-Potential Investment Opportunity, listed at $2,250,000—positioned well below the $2,595,991 Fair Market Value by 13%. This valuation gap offers $345,991 in Instant Equity. Featuring an Excellent Condition Rating with recent renovations, the property includes a 1,660 sq ft ADU and panoramic views. Located in the elite Acalanes School District, this versatile asset is ideal for Multi-Generational Families or Owner-Occupants seeking luxury, privacy, and long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1603 Reliez Valley Road #b Subject | $2,250,000* List Price | 7 | 6 | 4,314 | $602 | - |
A 1600 Shangri La Ct. Sold | $2,300,000 | 5 | 3 | 3,498 | $658 | 0.2 mi |
B 1603 B Reliez Valley Road Active Under Contract | $2,350,000 List Price | 7 | 6 | 4,314 | $545 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1994, the property has undergone extensive recent renovations within the last 5 years. The kitchen is modernized with a designer backsplash and stainless appliances, and the bathrooms in both the main house and ADU have been fully remodeled with contemporary vanities and tiling. With fresh paint, new carpeting, Andersen windows, and an EV charger, the home is in mint, move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 44866, living area = 4314.
Middle School: M. H. Stanley Middle School (9/10). High School: Acalanes High School (10/10).
The property features a substantial 1,660 sq ft architectural ADU with its own address and parking, offering exceptional versatility for multi-generational living, a guest retreat, or potential rental income.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4314, other record living area = 1590. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 3.
The hillside setting, while providing stunning views, may limit the amount of flat, usable lawn space for traditional play or gardening compared to level lots.
Managing two separate residences on a large hillside acre with extensive decking, fountains, and landscaping requires a significant ongoing commitment to maintenance and fire-safe vegetation management.
Tucked into one acre of peaceful hillside in coveted Lafayette, this rare two-home compound offers privacy and expansive views only minutes from elite schools, commute routes, and the vibrant downtown. The beautifully refreshed 2,654± sq ft main home includes 4 bedrooms and 3.5 baths with vaulted ceilings, hardwood floors, Andersen windows and doors, and fresh paint. Designed for both everyday living and elegant entertaining, the home offers two living spaces with a fireplace, built-in bar and four balconies for breathing in the stunning views. Downstairs there’s new carpeting and updated bathrooms, including a light-filled primary suite with a soaking tub. The architectural centerpiece is a 1,660± sq ft ADU with its own address and parking, believed to be designed by Leon Meyer. With walls of windows and oiled redwood, the 3 bed/ 2 bath retreat blends architectural character with modern updates including remodeled bathrooms, a built-in office, private patio, and an impressive primary closet. The grounds are designed for recreation with a Sport Court® for basketball / pickleball plus an entertaining area with BBQ, fountain, arbor, speakers, and EV charger. Near hiking trails and within the Acalanes School District, this remarkable property is where nature and creativity thrive.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 1.7 mi
Grades 6-8 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 4.0 |
| Baths | 6.0 | 3.0 |
| Square foot | 4,314 | 2,649 |
| Lot Size | 44,866 | 19,858 |
| Price | $2.25M | $2.25M |
| Price per sq ft | $522 | $877 |
| Built year | 1994 | 1963 |
| HOA | $0 | $349 |
| Days on market | 16 | 33 |
Jul 6, 2026
$2,250,000
Initial Listing
Oct 1, 1999
$742,000
Public Record