1885 Olmo Way, Walnut Creek, California 94598, Walnut Creek, 94598 - 2 bed, 3 bath
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1885 Olmo Way
Walnut Creek, California 94598
ACTIVE
CONDITION: GOOD
2Beds
3Baths
1,227Sq Ft
1,044Lot Size
Property Price
LIST PRICE$674,500
EST. MARKET VALUE
$648,636
3% AboveMARKET VALUE
SUMMARY
This Turnkey Townhouse is a Strong Value Opportunity, listed at $688,000—positioned well below the $654,955 Fair Market Value by -5%. Featuring a Good Condition Rating, the home offers modern updates including a refreshed kitchen and brand-new 2026 carpeting. Residents enjoy a premium lifestyle with access to a pool, clubhouse, and tennis courts, all within the highly-regarded Northgate High School district. This property provides a perfect balance of community amenities and educational value, making it an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready residence.
Estimated Market Value
$648,636
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 |
|---|---|---|---|---|---|---|
★ 1885 Olmo Way Subject | $674,500* List Price | 2 | 3 | 1,227 | $529 | - |
A 1927 Olmo Way Sold | $700,000 | 2 | 3 | 1,308 | $535 | 0.0 mi |
B 1970 Pomar Way Sold | $549,000 | 2 | 3 | 1,308 | $420 | 0.1 mi |
C 1889 Pomar Way Sold | $649,000 | 2 | 2 | 1,169 | $555 | 0.1 mi |
D 618 La Corso Dr Sold | $869,000 | 2 | 2 | 1,232 | $705 | 0.3 mi |
E 1988 Pomar Way Sold | $700,000 | 2 | 3 | 1,308 | $535 | 0.1 mi |
F 1844 Pomar Way Sold | $654,000 | 2 | 2 | 1,169 | $559 | 0.1 mi |
G 1812 Countrywood Ct Sold | $750,000 | 3 | 3 | 1,568 | $478 | 0.3 mi |
H 1938 Pomar Way Active | $649,000 List Price | 2 | 3 | 1,308 | $496 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property is well-maintained and move-in ready, featuring a recently updated kitchen with modern cabinetry and countertops, brand-new carpet (2026), and fresh interior paint. While the structure was built in 1973, the interior renovations and functional HVAC system meet the criteria for a 'Good' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Northgate High School (9/10).
- Turn-Key Condition
The home features significant recent updates including brand-new carpet, fresh interior paint, and an updated kitchen, allowing for an immediate move-in without the need for initial renovations.
- Desirable Community Amenities
Located in Sunset Park, residents benefit from premium facilities including a pool, clubhouse, and tennis courts, all while being minutes from BART and major shopping centers.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $512 is relatively high, which increases the total monthly carrying cost and may impact the purchasing power of budget-conscious buyers.
- Limited Parking Capacity
With only a single-car garage, the property may present challenges for households with multiple vehicles or those requiring additional on-site storage.
About 1885 Olmo Way
Welcome to 1885 Olmo Way, a stylish two-bedroom, 2.5-bath Walnut Creek townhome offering comfort, convenience, and easy indoor-outdoor living. Highlights include hardwood flooring, new carpet (2026), fresh interior paint (2026), an updated kitchen, and classic shutter-style window coverings. Two private outdoor spaces provide plenty of room to relax outdoors, while the single-car garage adds everyday convenience. Located in the desirable Sunset Park community, residents enjoy a pool, clubhouse, and tennis/sports courts—all just minutes from Countrywood Shopping Center, BART, and miles of scenic biking and walking trails. HOA dues even cover water and trash, such a deal! A fantastic Walnut Creek lifestyle in an incredibly convenient location!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1973
- Lot Size
- 1,044 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $512.0 / Month
Neighborhood Insights
Walnut Creek Unified Schools
Bancroft Elementary School
Grades K-5 • 0.4 mi
7/10
Foothill Middle School
Grades 6-8 • 1.6 mi
8/10
Ygnacio Valley High School
Grades 9-12 • 1.3 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.6 |
| Baths | 3.0 | 2.8 |
| Square foot | 1,227 | 1,489.194 |
| Lot Size | 1,044 | 2,209.226 |
| Price | $674.5K | $855.8K |
| Price per sq ft | $550 | $550 |
| Built year | 1973 | 1978 |
| HOA | $512.0 | $584 |
| Days on market | 44 | 38 |
Pricing History
Listed for Sale
Aug 27, 2026
$674,500
$688,000
-2% Price Drop
Initial Listing
Price Change
Jul 27, 2026
$688,000
Initial Listing
Sold
Apr 19, 2018
$622,000
Public Record
Sold
May 9, 2013
$439,000
Public Record