
Walnut Creek, California 94597
This property presents a High-Potential Investment Opportunity with a List Price of $989,000—positioned well above the $942,484 Fair Market Value by -4%. Featuring a Condition Rating of 5, this fixer-upper requires comprehensive rehabilitation, offering significant upside for those capable of executing a full renovation. The expansive 9,600-square-foot lot and proximity to top-rated schools like Las Lomas High School provide a solid foundation for long-term value. This asset is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in a prime Walnut Creek cul-de-sac.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1723 Encanto Court Subject 4 bd · 2 ba · 1,631 sqft · $578 | $989,000* List Price | 4 | 2 | 1,631 | $578 | - |
A 1810 3rd Ave Sold 3 bd · 1 ba · 1,085 sqft · $682 · 0.7 mi | $740,000 | 3 | 1 | 1,085 | $682 | 0.7 mi |
B 2481 Larkey Ln Sold 3 bd · 3 ba · 2,138 sqft · $526 · 0.6 mi | $1,125,000 | 3 | 3 | 2,138 | $526 | 0.6 mi |
C 41 Mayo Lane Sold 4 bd · 3 ba · 1,709 sqft · $585 · 0.8 mi | $1,000,000 | 4 | 3 | 1,709 | $585 | 0.8 mi |
D 218 Wootten Dr Active 3 bd · 2 ba · 1,431 sqft · $629 · 0.8 mi | $900,000 List Price | 3 | 2 | 1,431 | $629 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1962 with no evidence of recent renovations, this property is explicitly marketed as a fixer-upper for contractors and investors. The kitchen is in disrepair with missing cabinet doors and drawers, the interior features dated popcorn ceilings and damaged flooring, and the overall structure requires a comprehensive rehabilitation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9600, living area = 1631.
High School: Las Lomas High School (9/10).
Situated in a highly sought-after Walnut Creek neighborhood on a quiet cul-de-sac, the property offers exceptional proximity to Larkey Park, downtown amenities, BART, and major freeway access.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property is explicitly marketed as a fixer requiring updates, meaning buyers must budget for significant additional capital expenditures immediately following the purchase.
Built in 1962, the home likely requires modernization of original systems and finishes to meet current energy efficiency standards and contemporary lifestyle expectations.
An exciting opportunity to make your mark in one of Walnut Creek’s most highly sought-after neighborhoods! This is an exceptional chance to get into the neighborhood and make it your own. Situated on a cul-de-sac, this 4-bedroom, 2-bath home offers approximately 1,631 square feet of living space on a generous 9,600-square-foot lot. A spacious bonus room with a second fireplace provides additional space to reimagine the possibilities. With room for updates and plenty of potential, this fixer presents an opportunity for contractors, investors, or buyers ready to create a home tailored to their style. Enjoy a desirable school district and convenient access to Larkey Park, the Lindsay Wildlife Experience, Larkey Swim Club, recreational trails, and quick access to shopping. Downtown Walnut Creek, BART, and freeway access are also within easy reach. Bring your imagination and explore the potential of this desirable location!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.8 |
| Square foot | 1,631 | 2,058.393 |
| Lot Size | 9,600 | 11,520.074 |
| Price | $989.0K | $1.61M |
| Price per sq ft | $606 | $751 |
| Built year | 1962 | 1964 |
| HOA | $0 | $534 |
| Days on market | 9 | 38 |
Oct 15, 2026
$989,000
Initial Listing
Jan 5, 2006
$702,500
Public Record