1748 Golden Rain Rd 5, Walnut Creek, California 94595, Walnut Creek, 94595 - 2 bed, 1 bath
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1748 Golden Rain Rd 5
Walnut Creek, California 94595
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
1,048Sq Ft
0Lot Size
Property Price
LIST PRICE$359,000
EST. MARKET VALUE
$375,000
4% BelowMARKET VALUE
SUMMARY
This Turnkey 55+ Condominium represents a Strong Value Opportunity, listed at $375,000—positioned well below the $413,970 Fair Market Value by 9%. This valuation gap offers $38,970 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a modern Granite Kitchen and fresh updates, the home offers a serene lifestyle with Distant Hill Views. Located in the premier Rossmoor community near Top-Rated Schools, this is an ideal acquisition for Active Adult Retirees or Downsizing Homeowners seeking a move-in ready sanctuary.
Estimated Market Value
$375,000+$16,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Walnut Creek.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1748 Golden Rain Rd 5 Subject 2 bd · 1 ba · 1,048 sqft · $358 | $359,000* List Price | 2 | 1 | 1,048 | $358 | - |
A 2601 Pine Knoll Dr 5 Sold 2 bd · 1 ba · 1,054 sqft · $389 · 0.3 mi | $410,000 | 2 | 1 | 1,054 | $389 | 0.3 mi |
B 1417 Oakmont Dr 2 Sold 2 bd · 1 ba · 1,095 sqft · $380 · 0.4 mi | $416,000 | 2 | 1 | 1,095 | $380 | 0.4 mi |
C 2000 Golden Rain 2 Sold 2 bd · 2 ba · 1,162 sqft · $396 · 0.1 mi | $460,000 | 2 | 2 | 1,162 | $396 | 0.1 mi |
D 2000 Golden Rain Rd 4 Sold 2 bd · 1 ba · 1,054 sqft · $394 · 0.1 mi | $415,000 | 2 | 1 | 1,054 | $394 | 0.1 mi |
E 2025 Golden Rain Rd 7 Sold 2 bd · 1 ba · 1,058 sqft · $423 · 0.2 mi | $448,000 | 2 | 1 | 1,058 | $423 | 0.2 mi |
F 2001 Oakmont Way 6 Sold 2 bd · 1 ba · 1,048 sqft · $377 · 0.4 mi | $395,000 | 2 | 1 | 1,048 | $377 | 0.4 mi |
G 2057 Golden Rain Rd 8 Sold 2 bd · 2 ba · 1,157 sqft · $385 · 0.3 mi | $445,000 | 2 | 2 | 1,157 | $385 | 0.3 mi |
H 1201 Golden Rain 3 Sold 2 bd · 2 ba · 1,049 sqft · $440 · 0.4 mi | $462,000 | 2 | 2 | 1,049 | $440 | 0.4 mi |
I 2925 Golden Rain Rd 14 Active 2 bd · 1 ba · 1,054 sqft · $331 · 0.5 mi | $349,000 List Price | 2 | 1 | 1,054 | $331 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Despite being built in 1965, the property has undergone a comprehensive recent renovation. The kitchen and bathroom feature modern white shaker cabinetry, elegant granite countertops, stainless steel fixtures, and updated lighting. With fresh paint and pristine new carpeting throughout, the unit is in mint condition and requires no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Burton Valley Elementary School (10/10). Middle School: M. H. Stanley Middle School (9/10). High School: San Ramon Valley High School (10/10).
- Premier 55+ Community Lifestyle
Located in the highly desirable Rossmoor subdivision, this property offers a specialized active adult living experience with excellent proximity to shopping, dining, and parks.
- Exceptional Market Value
Priced competitively at $375,000 for a two-bedroom unit in Walnut Creek, this home represents a strong entry-point opportunity in a high-demand area.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Ratio
The two-bedroom configuration is served by only one bathroom, which may be a significant drawback for buyers seeking a primary ensuite or guest facilities.
- Dated Infrastructure
Built in 1965, the property likely requires modernization of its original finishes and systems to meet the aesthetic and efficiency standards of contemporary buyers.
About 1748 Golden Rain Rd 5
Spacious and inviting home offering comfortable living with a functional floor plan, abundant natural light, and a great location close to shopping, dining, parks, and commuter routes. A wonderful opportunity to enjoy convenient, easy 55+ living.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1965
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $591.0 / Month
Neighborhood Insights
Walnut Creek Unified Schools
Parkmead Elementary School
Grades K-5 • 0.8 mi
7/10
Burton Valley Elementary School
Grades K-5 • 1.3 mi
10/10
Murwood Elementary School
Grades K-5 • 1.7 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,048 | 1,118.684 |
| Lot Size | - | 1,033.383 |
| Price | $359.0K | $570.7K |
| Price per sq ft | $343 | $500 |
| Built year | 1965 | 1972 |
| HOA | $591.0 | $1.3K |
| Days on market | 44 | 55 |
Pricing History
Listed for Sale
Oct 15, 2026
$359,000
$375,000
-4% Price Drop
Initial Listing
Price Change
Sep 10, 2026
$375,000
Initial Listing