
Livermore, California 94550
This Spacious Three Fountains Value-Add Residence is a Prime Investment Opportunity, listed at $1,450,000—positioned well below the $1,484,037 Fair Market Value by 2%. This valuation gap provides $34,037 in Instant Equity. Boasting a Condition Rating of 4, the home is meticulously maintained in its original 1971 state, offering significant upside through cosmetic modernization. The expansive 10,641 sqft corner lot features fruit trees and a detached workshop, while proximity to top-rated schools like Mendenhall Middle and Granada High ensures long-term demand. This is an ideal match for Owner-Occupants seeking forced appreciation or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1926 Neptune Rd Subject | $1,450,000* List Price | 5 | 2 | 2,300 | $645 | - |
A 2858 Superior Dr Sold | $1,520,000 | 4 | 3 | 2,172 | $700 | 1.0 mi |
B 1733 Tourmaline Ct Sold | $1,750,000 | 5 | 3 | 2,912 | $601 | 0.9 mi |
C 628 Lido Dr Sold | $1,321,000 | 4 | 3 | 2,256 | $586 | 0.3 mi |
D 2553 Regent Rd Sold | $1,650,000 | 4 | 3 | 2,172 | $760 | 0.9 mi |
E 555 555 Ontario Dr Sold | $1,350,000 | 3 | 2 | 1,665 | $811 | 0.4 mi |
F 1349 1349 Evans Pl Pending | $1,399,950 List Price | 5 | 2 | 2,300 | $609 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is meticulously maintained but remains largely in its original 1971 state, described as 'retro-vintage.' While the stainless steel kitchen appliances are updated, the cabinetry, green laminate countertops, linoleum flooring, and textured carpets are dated. The home is functional and shows pride of ownership, but requires significant cosmetic updates and modernization of the kitchen, bathrooms, and ceilings to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10641, living area = 2300.
Situated on a generous 10,641 sqft corner lot, the property features a beautifully landscaped yard with fruit trees, roses, and a large deck, offering exceptional outdoor living and privacy.
This rare 2,300 sqft single-story floor plan includes five bedrooms, providing ample space and accessibility that is highly sought after in the Three Fountains neighborhood.
The 'retro-vintage' styling and 1971 original character may require a significant renovation budget for buyers looking for a modern, turn-key interior.
With five bedrooms but only two bathrooms, the home's configuration may be inconvenient for large families and could impact the property's competitive market value.
Nostalgic Neptune! Retro-vintage, meticulously maintained and absolutely fabulous, this single-story Redwood model offers 5 bedrooms (5th is a retreat with closet) and 2 baths in Livermore’s Three Fountains neighborhood. Situated on a large corner lot, the property features an expansive deck overlooking the stunning rear yard, filled with bountiful fruit trees and beautiful roses, enjoy a peaceful and welcoming enviornment at your leisure. This home reflects pride of ownership throughout. Additional features include an indoor laundry room, the signature "bar" room—perfect for entertaining—and a detached workshop in the backyard for hobbies or extra storage. Enjoy a great neighborhood location close to shopping and convenient commute corridors. Don't miss the Open houses: Sat/Sun April 18/19 1-4p
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.4 mi
Grades K-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 84% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,300 | 1,929 | 68% |
| Lot Size | 10,641 | 8,160 | 66% |
| Price | $1.45M | $1.35M | 56% |
| Price per sq ft | $630 | $712 | 27% |
| Built year | 1971 | 1971 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 139 | 1% |
Apr 15, 2026
$1,450,000
Initial Listing