1840 Tice Creek Dr 2205, Walnut Creek, California 94595, Walnut Creek, 94595 - 2 bed, 2 bath
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1840 Tice Creek Dr 2205
Walnut Creek, California 94595
ACTIVE
CONDITION: FAIR
2Beds
2Baths
907Sq Ft
0Lot Size
Property Price
LIST PRICE$389,000
EST. MARKET VALUE
$420,453
7% BelowMARKET VALUE
SUMMARY
This Rosedown Model Condominium represents a Strong Value Opportunity, listed at $389,000—positioned well below the $420,453 Fair Market Value by 7%. This valuation gap offers $31,453 in Instant Equity for the buyer. While the unit maintains a Fair Condition Rating with original 1991 finishes, it offers a low-maintenance lifestyle with resort-style amenities. Given the high association fees, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, amenity-rich community in Walnut Creek.
Estimated Market Value
$420,453+$31,453 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 |
|---|---|---|---|---|---|---|
★ 1840 Tice Creek Dr 2205 Subject | $389,000* List Price | 2 | 2 | 907 | $464 | - |
A 1840 Tice Creek Dr 2312 Sold | $418,000 | 2 | 2 | 907 | $461 | 0.0 mi |
B 1840 Tice Creek Dr 2340 Sold | $425,000 | 1 | 2 | 907 | $469 | 0.0 mi |
C 1840 Tice Creek Dr 2417 Sold | $425,000 | 2 | 2 | 907 | $469 | 0.0 mi |
D 1860 Tice Creek Dr 1219 Sold | $440,000 | 1 | 2 | 907 | $485 | 0.1 mi |
E 1860 1860 Tice Creek 1241 Sold | $399,888 | 2 | 2 | 907 | $441 | 0.1 mi |
F 1860 Tice Creek Dr 1420 Sold | $475,000 | 2 | 2 | 860 | $552 | 0.1 mi |
G 1316 Oakmont Dr 5 Sold | $338,000 | 2 | 1 | 1,054 | $321 | 0.3 mi |
H 2216 Tice Creek Dr 2 Sold | $425,000 | 1 | 1 | 827 | $514 | 0.4 mi |
I 1840 Tice Creek Drive 2307 Pending | $425,000 List Price | 2 | 2 | 907 | $469 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1991, the property is over 30 years old and appears to retain most original features. The kitchen is dated with electric coil burners and older cabinetry, and the bathrooms show original 4x4 square tiling. While the unit is exceptionally well-maintained and move-in ready, the age of the systems and lack of recent renovations place it in the 'Fair' category.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Service Amenities
The Waterford lifestyle provides exceptional value through daily prepared meals and weekly housekeeping, offering a high-end, low-maintenance living experience for residents.
- Prime Interior Location
Ideally situated in the Waterford North Building, this unit offers easy access to the elevator, parking, and community hubs like the Fitness Center and Gateway Clubhouse.
- Abundant Natural Light
The Rosedown Model features prime exposure that ensures the home is filled with natural light throughout the day, significantly enhancing the interior ambiance and appeal.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
- High Monthly Association Fees
The monthly association fee of $3,266 is exceptionally high and may limit the pool of potential buyers to those with significant monthly cash flow.
- Compact Living Dimensions
With only 907 square feet for a two-bedroom, two-bathroom configuration, the living spaces may feel restrictive for buyers accustomed to more traditional residential footprints.
About 1840 Tice Creek Dr 2205
Beautifully bright and inviting, this Rosedown Model is ideally situated in the sought-after Waterford North Building. Its prime exposure fills the home with an abundance of natural light throughout the day, perfectly complementing the open design and creating a warm, welcoming atmosphere. Storage unit is conveniently located just steps away. The Waterford lifestyle offers exceptional comfort and convenience, including prepared lunch or dinner served daily, weekly housekeeping, and an array of resort-style amenities. Ideally located just a short distance from the elevator and open parking, the home also enjoys easy access to the Fitness Center and Gateway Clubhouse, making it effortless to enjoy everything the community has to offer.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1991
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $3266.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 907 | 1,109.5 |
| Lot Size | - | 967.792 |
| Price | $389.0K | $572.0K |
| Price per sq ft | $429 | $502 |
| Built year | 1991 | 1972 |
| HOA | $3266.0 | $1.3K |
| Days on market | 48 | 52 |
Pricing History
Listed for Sale
Jul 23, 2026
$389,000
Initial Listing
Sold
Jul 21, 2020
$399,000
Public Record
Sold
Mar 29, 2012
$155,000
Public Record
Sold
Jun 7, 2011
$138,000
Public Record
Sold
Jun 18, 1996
$163,000
Public Record