194 Hillcroft Way, Walnut Creek, California 94597, Walnut Creek, 94597 - 2 bed, 2 bath
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Walnut Creek, California 94597
Analysis of 194 Hillcroft Way, Walnut Creek, California 94597 is currently available with a list price of $2,350,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1949, this property features a kitchen and bathrooms that are significantly outdated, likely renovated 30-50 years ago. The kitchen has dated light wood cabinets, tiled countertops, older white appliances, and linoleum flooring. The bathroom also shows a dated wood vanity and basic fixtures. While currently generating rental income, the overall condition and style indicate a need for substantial repairs and rehabilitation to meet modern living standards. The listing's emphasis on land development potential further suggests the existing structure is not a primary asset.
The property, combined with an adjoining parcel, offers 2.19 acres with explicit potential for building multiple single-family homes, presenting a strong development opportunity.
With a total of 2.19 acres across two parcels, there is substantial land for large-scale development, privacy, or creating a custom estate.
Located in Walnut Creek and adjoining Lafayette, the property benefits from a highly desirable East Bay address known for its amenities, schools, and accessibility.
The property must be sold in conjunction with an adjoining parcel, which may limit the buyer pool and requires a larger initial capital investment.
Realizing the potential for multiple single-family homes will involve significant time, capital, and navigation of zoning, permitting, and construction challenges.
The existing home was built in 1949, suggesting it may require substantial renovation or demolition, adding to the overall project cost and complexity.
This property is to be sold in conjunction with the adjoining property, 1160 Dunsyre Dr., Lafayette. Two parcels accumulating 2.19 AC, with potential of building multiple single-family homes. Please review the listing of 1160 Dunsyre Dr. for additional information. Additional reports, maps, plans available upon request.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 7% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,880 | 1,842.5 | 54% |
| Lot Size | 76,354 | 9,992 | 98% |
| Price | $2.35M | $1.34M | 93% |
| Price per sq ft | $1.2K | $761 | 98% |
| Built year | 1949 | 1962 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 224 | 123 | 98% |
Sep 29, 2025
$2,350,000
Initial Listing
Sep 10, 2025
$2,500,000
Initial Listing