1831 Gilly Ln., Concord, California 94518, Concord, 94518 - 4 bed, 3 bath
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Concord, California 94518
This Spacious Updated Residence is a Strong Value Opportunity, listed at $1,025,000—positioned well below the $1,070,925 Fair Market Value by 4%. This valuation gap provides $45,925 in Instant Equity for buyers. Boasting a Condition Rating of 3, the home features a gourmet kitchen with granite counters, a versatile junior primary suite, and a new roof. Located in the Mount Diablo district on a .23-acre lot with a private deck, it perfectly balances lifestyle luxury with financial upside. This is an ideal acquisition for Owner-Occupants or growing families seeking a move-in-ready asset with built-in value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1831 Gilly Ln. Subject | $1,025,000* List Price | 4 | 3 | 2,579 | $415 | - |
A 1921 Gilly Lane Sold | $815,000 | 3 | 3 | 1,962 | $415 | 0.1 mi |
B 959 959 Chandler Ct Sold | $800,000 | 4 | 2 | 2,099 | $381 | 0.5 mi |
C 855 Brittany Ln Sold | $1,100,000 | 4 | 2 | 2,339 | $470 | 0.8 mi |
D 1271 Hookston Road Sold | $963,000 | 4 | 2 | 2,091 | $461 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with several recent high-value updates, including a new roof, fresh interior paint, and updated bathroom lighting. The kitchen is well-equipped with granite countertops and stainless steel appliances, and the home features modern laminate flooring throughout. While the kitchen cabinetry and certain bathroom elements like the glass block shower wall reflect a renovation style from 10-15 years ago rather than a brand-new build, the overall maintenance and functional layout meet the criteria for a high-quality, well-maintained home.
The inclusion of a desirable junior primary suite on the main level provides excellent flexibility for multi-generational living, guest accommodations, or a private home office.
The expansive kitchen is a standout feature, equipped with granite countertops, a double oven, and a functional island with a second sink, perfect for high-end entertaining.
Significant updates including a brand-new roof, fresh interior paint, and updated bathroom lighting enhance the home's value and reduce immediate maintenance concerns for the buyer.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
Built in 1962, the property may have older underlying plumbing or electrical systems that, while functional, lack the efficiency and standards of modern new-construction homes.
While the laminate flooring is fresh and durable, some buyers at the million-dollar price point may prefer authentic hardwood or higher-end tile finishes.
Beautifully updated 4-bedroom, 3-bath home offering 2,579 square feet of comfortable living space on a spacious .23-acre lot. Fresh paint throughout and rich laminate flooring create a warm, inviting feel from the moment you enter. The flexible floor plan includes a desirable junior primary suite on the main level, ideal for guests, extended family, or a private home office setup. The expansive kitchen is designed for both everyday living and entertaining, featuring granite countertops, a breakfast bar/island with a second sink, stainless steel appliances, and a double oven. Vaulted ceilings and custom shutters enhance the main living area, adding style and architectural appeal. Updated lighting in all bathrooms, inside laundry, and a new roof add to the home’s comfort and value. Step outside to a private back deck perfect for dining al fresco, relaxing, or entertaining guests. The low-maintenance front and back yards offer ease of upkeep without sacrificing outdoor enjoyment. RV parking potential on side yard.
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 | 2.0 | 68% |
| Square foot | 2,579 | 1,703.5 | 93% |
| Lot Size | 9,900 | 8,574 | 63% |
| Price | $1.02M | $922.5K | 75% |
| Price per sq ft | $397 | $521 | 14% |
| Built year | 1962 | 1963 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 164 | 1% |
Apr 10, 2026
$1,025,000
Initial Listing
May 10, 2011
$375,000
Public Record
Feb 7, 2005
$680,000
Public Record
Oct 28, 1999
$205,000
Public Record