1617 Ptarmigan Dr 1a, Walnut Creek, California 94595, Walnut Creek, 94595 - 2 bed, 2 bath
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Walnut Creek, California 94595
This High-Potential Investment Opportunity is listed at $650,000, positioned well below the $670,342 Fair Market Value by 3%. This valuation gap provides $20,342 in Instant Equity. Featuring a Condition Rating of 4, the property offers a spacious 1,483 sqft layout with direct pool access and a private patio. Located in the prestigious Rossmoor community near top-rated schools like Burton Valley Elementary, this residence is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add lifestyle property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1617 Ptarmigan Dr 1a Subject | $650,000* List Price | 2 | 2 | 1,483 | $452 | - |
A 3050 3050 Rossmoor Parkway 5 Sold | $735,000 | 2 | 2 | 1,345 | $546 | 0.5 mi |
B 3118 Terra Granada Dr 1 Sold | $625,000 | 2 | 2 | 1,406 | $445 | 0.1 mi |
C 4021 Terra Granada Dr 1b Sold | $765,000 | 2 | 2 | 1,486 | $515 | 0.4 mi |
D 2217 Ptarmigan Dr 2 Sold | $640,000 | 2 | 2 | 1,212 | $528 | 0.3 mi |
E 3100 Tice Creek Dr 2 Sold | $550,000 | 3 | 3 | 1,739 | $316 | 0.2 mi |
F 4259 Terra Granada Dr 4b Sold | $675,000 | 2 | 2 | 1,383 | $488 | 0.5 mi |
G 3711 Terra Granada #1b Sold | $690,000 | 2 | 2 | 1,502 | $459 | 0.3 mi |
H 1687 Ptarmigan Dr 1b Sold | $525,000 | 2 | 2 | 1,483 | $354 | 0.1 mi |
I 1912 Ptarmigan Dr 2 Pending | $570,000 List Price | 3 | 2 | 1,212 | $470 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, this property is well-maintained but dated. While it features some past improvements such as granite countertops and stainless steel appliances, the kitchen cabinetry, fluorescent light boxes, and bathroom fixtures appear to be 15-25 years old. It is move-in ready but requires cosmetic updates to meet modern standards.
Elementary School: Burton Valley Elementary School (10/10). Middle School: M. H. Stanley Middle School (9/10). High School: Acalanes High School (10/10).
This rare ground-floor residence offers direct walk-out access to the pool, providing a seamless indoor-outdoor resort lifestyle that is highly unique within the community.
With 1,483 square feet and expansive windows on all sides, the unit offers a generous floor plan that maximizes natural light and provides tranquil views of the mature landscaping.
The monthly HOA fee of $1,395 is significantly high, which may impact the overall affordability and appeal for budget-conscious buyers.
Constructed in 1971, the property may require additional capital investment for modern upgrades or infrastructure maintenance compared to newer developments in Walnut Creek.
Welcome Home! With only Four Steps into your own private resort, savor the ultimate in summer living at this vibrant Rossmoor condo. Welcome to Villa El Rey where every day feels like a vacation. Perfectly positioned for effortless poolside relaxation, this rare ground-floor residence offers direct walk-out access to your exclusive-use pool, creating a true oasis for entertaining family, grandchildren & friends-no scheduling required. Imagine sun-drenched afternoons lounging poolside, spontaneous BBQ’s, & laughter-filled gatherings, all just steps from your door. This spacious 2-bed, 2-bath condo is designed for both comfort and style. The open, light-filled layout welcomes you with expansive windows on all sides, bathing every room in natural light & offering tranquil views of mature landscaping. The eat-in kitchen, complete with a walk-in pantry, is ideal for casual meals & culinary adventures, while the generous primary suite opens to a private patio - perfect for morning coffee or sunset relaxation. Rossmoor’s exceptional amenities are at your fingertips: stroll to nearby parks, walking trails, and vibrant community centers, or take advantage of easy access to shopping, dining, and local events that make this neighborhood so desirable.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades K-5 • 2.2 mi
Grades K-5 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,483 | 1,162 |
| Lot Size | - | - |
| Price | $650.0K | $603.4K |
| Price per sq ft | $438 | $510 |
| Built year | 1971 | 1972 |
| HOA | $1395.0 | $1.4K |
| Days on market | 5 | 42 |
Jul 17, 2026
$650,000
Initial Listing
Oct 28, 2024
$749,000
Public Record
May 3, 2010
$360,000
Public Record