1857 Golden Rain Rd 1, Walnut Creek, California 94595, Walnut Creek, 94595 - 2 bed, 2 bath
1857 Golden Rain Rd 1
Walnut Creek, California 94595
Property Price
SUMMARY
Analysis of 1857 Golden Rain Rd 1, Walnut Creek, California 94595 is currently available with a list price of $464,900. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Walnut Creek Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features several recent high-quality updates, including new luxury plank flooring, new carpeting, fresh interior paint, and updated recessed lighting. One bathroom has been fully renovated with a new shower, vanity, and toilet. While the kitchen is not described as fully renovated and the building dates to 1965, the overall interior condition is well-maintained with modern finishes and the rare addition of in-unit washer/dryer hookups, fitting the criteria for a property that has undergone significant partial renovation within the last 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Burton Valley Elementary School (10/10). Middle School: M. H. Stanley Middle School (9/10). High School: Acalanes High School (10/10).
- Exceptional Market Value
Positioned as the lowest-priced 2-bedroom, 2-bathroom unit in the area, this property offers an aggressive entry point into the highly desirable Rossmoor community.
- Turnkey Interior Updates
The unit is move-in ready with significant recent improvements, including a remodeled bathroom, new luxury plank flooring, fresh paint, and the rare addition of in-unit washer/dryer hookups.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee of $1,383 per month is a significant recurring expense that may impact the debt-to-income ratio for buyers or those on fixed incomes.
- Accessibility Limitations
Being an upper-level unit in a 55+ senior community may limit the long-term appeal for residents with mobility concerns or those seeking single-level living without stairs.
About 1857 Golden Rain Rd 1
LOWEST PRICED 2 BED /2 BATH Upper end-unit Monterey CO-OP is move in ready and it’s priced to sell! Freshly updated hall bathroom (new shower, vanity, toilet & hardware). Newly installed washer/dryer hookups! New carpet and luxury plank flooring throughout. New interior paint, recessed lighting in the living room, and new overhead lights in bedrooms. Bonus enclosed patio is perfect for a sun-drenched home office or hobby room. Property backs to private setting, no carports or other units just trees. Living in Rossmoor means enjoying a 55+ lifestyle with world-class amenities: golf, pickleball, fitness center, and more—all in the heart of Walnut Creek. Carport 510-1
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1965
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1383.0 / Month
Neighborhood Insights
Walnut Creek Unified Schools
Parkmead Elementary School
Grades K-5 • 1.0 mi
Burton Valley Elementary School
Grades K-5 • 1.2 mi
Murwood Elementary School
Grades K-5 • 1.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,157 | 1,218 | 44% |
| Lot Size | - | - | 50% |
| Price | $464.9K | $607.5K | 32% |
| Price per sq ft | $402 | $491 | 25% |
| Built year | 1965 | 1971 | 31% |
| HOA | $1383.0 | $1.4K | 50% |
| Days on market | 49 | 166 | 8% |
Pricing History
Listed for Sale
Feb 21, 2026
$464,900
$469,000
-1% Price Drop
Initial Listing
Price Change
Jan 17, 2026
$469,000
Initial Listing