194 Hillcroft Way, Walnut Creek, California 94597, Walnut Creek, 94597 - 2 bed, 2 bath
194 Hillcroft Way
Walnut Creek, California 94597
Property Price
SUMMARY
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.
Condition Analysis
OVERALL CONDITION SCORE
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Built in 1949, this property features a kitchen and bathrooms that are significantly outdated, likely renovated 30-50 years ago.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.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Development Potential
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.
- Expansive Combined Land Area
With a total of 2.19 acres across two parcels, there is substantial land for large-scale development, privacy, or creating a custom estate.
- Strategic East Bay Location
Located in Walnut Creek and adjoining Lafayette, the property benefits from a highly desirable East Bay address known for its amenities, schools, and accessibility.
CONSRISKS & DEFICIENCIES
- Mandatory Dual-Parcel Purchase
The property must be sold in conjunction with an adjoining parcel, which may limit the buyer pool and requires a larger initial capital investment.
- Complex Development Process
Realizing the potential for multiple single-family homes will involve significant time, capital, and navigation of zoning, permitting, and construction challenges.
- Age of Existing Structure
The existing home was built in 1949, suggesting it may require substantial renovation or demolition, adding to the overall project cost and complexity.
About 194 Hillcroft Way
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 76,354 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 7% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,880 | 1,838.5 | 55% |
| Lot Size | 76,354 | 10,429.5 | 98% |
| Price | $2.35M | $1.31M | 95% |
| Price per sq ft | $1.2K | $739 | 98% |
| Built year | 1949 | 1962 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 178 | 155 | 76% |
Pricing History
Listed for Sale
Sep 29, 2025
$2,350,000
Initial Listing
Price Change
Sep 10, 2025
$2,500,000
Initial Listing