166 Ramona Rd, Danville, California 94526, Danville, 94526 - 5 bed, 3 bath
ACTIVE$1,627,000
166 Ramona Rd, Danville, California 94526
5Beds
3Baths
2,052Sqft
9,375Lot
Price Vs. Estimate
The estimated value mostly matches the list price at $1,627,000.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9375, living area = 2052.
Top Cons:
Age of Property: Built in 1958, the property's age may imply original or aging core systems (e.g., plumbing, electrical, HVAC) that could require significant future investment, as no major system overhauls are specified.
Compared to the nearby listings
Price:$1.63M vs avg $1.80M ($-173,000)25%
Size:2,052 sqft vs avg 2,326.5 sqft33%
Price/sqft:$793 vs avg $80246%
More Insights
Built in 1958 (67 years old).
Condition: Built in 1958, this property has undergone significant updates that make it move-in ready. The listing highlights 'newer appliances' and a 'newly painted interior,' which are evident in the images. The kitchen features updated stainless steel appliances and dark granite countertops, though the wood cabinetry is a more traditional style. The bathroom has a modern vanity, updated fixtures, and clean tile work. Hardwood floors are present throughout the main living areas and bedrooms, adding to the appeal. While the property's age suggests that some major systems might be older, the visible cosmetic updates and overall well-maintained appearance, including updated windows and a clean exterior with a pool, align with the 'Good' criteria of being move-in ready with systems appearing functional and well-maintained, even if not extensively renovated within the last 5 years.
Year Built
1958
Close
-
List price
$1.63M
Original List price
$1.67M
Price/Sqft
$793
HOA
-
Days on market
-
Sold On
-
MLS number
41116158
Home ConditionGood
Features
Pool
Spa
Patio
View-
About this home
Opportunities like this are rare in Danville. 166 Ramona Road is uniquely positioned to deliver instant equity. Nestled on a generous lot with fresh landscape cleanup, the location is unbeatable: walk to Vista Grande Elementary, downtown Danville, enjoy a quiet and established neighborhood, and reach freeway access within minutes. This home sits on a north facing lot, a bonus fenced area behind the pool expands your outdoor living options and currently boasts mature fruit trees. The property also features mature olive trees ideal for harvesting and producing your own small batch olive oil. Interior features include, hardwood floors, built-in cabinetry in the dining and living room, newer appliances and newly painted interior... Your next chapter begins here!
Nearby schools
8/10
Vista Grande Elementary School
Public,•K-5•0.3mi
9/10
Los Cerros Middle School
Public,•6-8•1.0mi
10/10
Monte Vista High School
Public,•9-12•1.5mi
Condition Rating
Good
Built in 1958, this property has undergone significant updates that make it move-in ready. The listing highlights 'newer appliances' and a 'newly painted interior,' which are evident in the images. The kitchen features updated stainless steel appliances and dark granite countertops, though the wood cabinetry is a more traditional style. The bathroom has a modern vanity, updated fixtures, and clean tile work. Hardwood floors are present throughout the main living areas and bedrooms, adding to the appeal. While the property's age suggests that some major systems might be older, the visible cosmetic updates and overall well-maintained appearance, including updated windows and a clean exterior with a pool, align with the 'Good' criteria of being move-in ready with systems appearing functional and well-maintained, even if not extensively renovated within the last 5 years.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9375, living area = 2052.
Great Schools: Middle School: Los Cerros Middle School (9/10). High School: Monte Vista High School (10/10).
Prime Location & Accessibility: The property boasts an unbeatable location, offering walking distance to top-rated Vista Grande Elementary, downtown Danville, and quick freeway access, situated in a quiet, established neighborhood.
Exceptional School District: Located within a highly-rated school district, with Vista Grande Elementary (8/10), Los Cerros Middle (9/10), and Monte Vista High (10/10) all within 1.5 miles.
Unique & Expansive Outdoor Living: Features a generous 9,375 sqft lot with a bonus fenced area behind the pool, mature fruit trees, and distinctive mature olive trees for potential olive oil production.
Interior Updates & Desirable Features: The home includes appealing interior updates such as hardwood floors, built-in cabinetry in dining and living rooms, newer appliances, and a newly painted interior.
Investment & Equity Potential: Marketed as an opportunity to deliver 'instant equity,' suggesting strong value proposition and potential for appreciation in the desirable Danville market.
Cons
Age of Property: Built in 1958, the property's age may imply original or aging core systems (e.g., plumbing, electrical, HVAC) that could require significant future investment, as no major system overhauls are specified.
Recent Price Reduction: The listing has undergone a price reduction from $1.674M to $1.627M, which could indicate initial overpricing or challenges in attracting offers at the original price point.
Unspecified Major System Updates: While cosmetic updates are mentioned, the description lacks details regarding significant renovations or replacements of critical home systems such as the roof, windows, or foundation, which is a common consideration for homes of this vintage.