161 Edgewater Place, Pittsburg, California 94565, Pittsburg, 94565 - 4 bed, 2 bath
161 Edgewater Place
Pittsburg, California 94565
Property Price
SUMMARY
Analysis of 161 Edgewater Place, Pittsburg, California 94565 reveals a Prime Investment Opportunity with a current list price of $499,000—significantly undercutting the $517,451 Fair Market Value by 3%. This valuation gap indicates a +$18,451 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Pittsburg 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 161 Edgewater Place Subject | $499,000* List Price | 4 | 2 | 1,921 | $269 | - |
A 1037 Gridley Dr Sold | $615,000 | 4 | 3 | 2,017 | $305 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and has been recently updated, featuring modern hardwood and tile flooring, a skylight, and a chef-inspired kitchen. Although built in 1983, the interior shows significant maintenance and aesthetic improvements that align with current standards. Major systems including central heating, cooling, and energy-efficient features are functional, making it a well-maintained home that does not require immediate renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Updates
The home features recent updates including elegant tile and hardwood flooring throughout, a skylight, and a chef-inspired kitchen, offering a move-in-ready aesthetic for buyers.
- Spacious Living Area
With 1,921 sq ft of living space, the property provides a generous 4-bedroom layout featuring a separate family room with a fireplace and a dedicated breakfast nook.
- Comprehensive Amenities
The residence is well-equipped with central AC and heating, energy-efficient features, a 2-car garage, and access to a community pool, ensuring both comfort and leisure.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2400, living area = 1921.
- Limited Outdoor Space
The lot size of 2,400 sq ft is relatively small for a home of this square footage, which significantly restricts private backyard space and outdoor gardening potential.
- School District Ratings
The assigned local schools currently hold lower performance ratings (3/10 and 4/10), which may be a concern for families prioritizing high-ranking educational environments.
About 161 Edgewater Place
Welcome to this charming 4-bedroom, 2-bathroom home located in the vibrant city of Pittsburg. Spanning 1,921 sq ft, this residence offers a blend of comfort and functionality. The kitchen is a chefs delight, featuring a practical layout that opens to a cozy breakfast nook and dining "L" area, perfect for both casual and formal dining. The home boasts beautiful tile and hardwood flooring throughout, adding a touch of elegance to each room. The separate family room is accentuated by a lovely fireplace, creating a warm and inviting atmosphere. Noteworthy amenities include a bay window and skylight, enhancing natural light and offering charming architectural details. The laundry area comes equipped with a washer and dryer for added convenience. Located within the Pittsburg Unified School District, this home is also close to community facilities, including a shared pool, providing opportunities for leisure and relaxation. With central AC and heating, a 2-car garage, and energy-efficient features, this home is a must-see for prospective buyers. Recently Updated and Priced to Sell.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1983
- Lot Size
- 2,400 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $250.0 / Month
Neighborhood Insights
Pittsburg Unified Schools
Marina Vista Elementary School
Grades K-5 • 0.4 mi
Pittsburg Senior High School
Grades 9-12 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 52% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,921 | 1,550 | 69% |
| Lot Size | 2,400 | 5,500 | 3% |
| Price | $499.0K | $580.0K | 18% |
| Price per sq ft | $260 | $361 | 6% |
| Built year | 1983 | 1981 | 51% |
| HOA | $250.0 | $0 | 97% |
| Days on market | 12 | 162 | 1% |
Pricing History
Listed for Sale
Feb 23, 2026
$499,000
Initial Listing
Sold
Jan 19, 2012
$124,000
Public Record
Sold
Jun 8, 2005
$465,000
Public Record
Sold
May 20, 1998
$126,000
Public Record