1765 Cape Ct, Walnut Creek, California 94598, Walnut Creek, 94598 - 4 bed, 3 bath
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Walnut Creek, California 94598
This Spacious Traditional Home in Carriage Square is a Strong Value Opportunity, listed at $1,150,000—positioned well below the $1,249,107 Fair Market Value by 7%. This valuation gap offers $99,107 in Instant Equity. Boasting a Good Condition Rating, the residence features soaring ceilings, a double-sided fireplace, and an updated kitchen. The oversized 9,000 sqft flat lot with a private patio provides exceptional outdoor potential in a quiet court. Located near top-rated schools and BART, this property is ideal for Owner-Occupants seeking forced appreciation or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1765 Cape Ct Subject | $1,150,000* List Price | 4 | 3 | 2,058 | $607 | - |
A 902 902 Kane Cir Sold | $1,375,000 | 4 | 2 | 1,959 | $702 | 0.7 mi |
B 2463 Aarles Ct Sold | $1,200,000 | 4 | 2 | 2,003 | $599 | 0.3 mi |
C 1806 Gill Port Ct Sold | $1,360,000 | 4 | 2 | 1,959 | $694 | 0.1 mi |
D 2172 La Salle Dr Sold | $1,420,000 | 4 | 3 | 2,086 | $681 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features a significantly updated kitchen with stainless steel appliances, white cabinetry, and a wine refrigerator. While the home dates back to 1963, it has been well-maintained with modern light fixtures, soaring ceilings, and updated flooring in the main living areas. It fits the 'good' category as major systems appear functional and the home is aesthetically updated, though the listing notes opportunities for further refinement to reach peak market value.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9000, living area = 2058.
Situated on an oversized 9,000 sqft flat lot at the end of a quiet court, the property offers exceptional privacy and a versatile outdoor space perfect for a pool, garden, or outdoor kitchen.
With a list price of $1.15M and a recent comparable sale exceeding $1.6M, this home represents a prime opportunity for buyers to build substantial equity through strategic renovations.
While the kitchen is updated, the 1963 construction and description suggest that other areas of the home require further modernization and cosmetic refinement to reach peak market value.
To realize the property's full potential and match neighborhood high-water marks, a buyer will likely need to commit significant additional capital for upgrades and repairs post-purchase.
Carriage Square! Huge lot! Set on an oversized, flat lot, this property is defined by its expansive outdoor space, beautiful rose garden, and lush grassy area, creating a private and inviting setting for everyday living and entertaining. With ample room to add a firepit, outdoor kitchen, or expanded entertaining areas, the yard offers exceptional flexibility and scale. The court location enhances both privacy and community, with minimal through traffic in a highly sought-after setting. Inside, the home is anchored by soaring ceilings in the living room and a striking double-sided fireplace, adding architectural interest and warmth to the main living spaces. The thoughtful floor plan includes a main-level bedroom and half bath, ideal for guests, extended family, or a flexible work-from-home setup. Updated kitchen provides immediate livability, while the overall home offers the opportunity to further refine and elevate over time—allowing a buyer to truly make it their own. A similar floor plan recently sold for over $1.6M, making this an excellent opportunity to move in and add value over time. Conveniently located near BART, parks, shopping, dining, and schools!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,058 | 2,114 | 45% |
| Lot Size | 9,000 | 10,903.5 | 20% |
| Price | $1.15M | $1.50M | 7% |
| Price per sq ft | $559 | $706 | 8% |
| Built year | 1963 | 1969 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 162 | 2% |
Apr 10, 2026
$1,150,000
Initial Listing