1978 Magnolia Way, Walnut Creek, California 94595, Walnut Creek, 94595 - 3 bed, 2 bath

1978 Magnolia Way, Walnut Creek, California 94595 home-pic-0
ACTIVE$1,195,000$1,186/sqft
Est. Value: $1,212,615
1%
FairlyEstimate
1978 Magnolia Way, Walnut Creek, California 94595
3Beds
2Baths
1,186Sqft
8,848Lot

Price Vs. Estimate

The estimated value ($1,212,615.12) is $17,615.12 (1%) lower than the list price ($1,195,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8848, living area = 1186.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.

Compared to the nearby listings

Price:$1.20M vs avg $1.48M ($-280,000)16%
Size:1,186 sqft vs avg 1,841 sqft19%
Price/sqft:$1.0K vs avg $79581%

More Insights

Built in 1955 (71 years old).
Condition: Despite being built in 1955, the property has undergone extensive and high-quality renovations, as evidenced by the description and images. The kitchen features custom white cabinetry, stone counters, and high-end stainless steel appliances (Miele, Dacor), along with recessed and under-cabinet lighting, presenting a modern and 'gleaming' appearance. The bathrooms are also 'impressive' with rich tile finishes, granite counters, and updated wooden cabinetry and fixtures. Throughout the home, there are rich hardwood floors, designer colors and lighting, crown molding, and a modern stacked stone fireplace. All visible components appear new or virtually new, meeting current quality standards with no signs of deferred maintenance. The property is move-in ready and showcases a recent, comprehensive update.
Year Built
1955
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$1,008
HOA
-
Days on market
-
Sold On
-
MLS number
41120910
Home ConditionExcellent
Features
Good View:
Deck
Patio
View-

About this home

Meticulously maintained & updated home with charming East Coast ambience and an inviting brick porch nestled in the vibrant, coveted Parkmead neighborhood just a short stroll from top-rated schools & downtown Walnut Creek amenities! Charming curb appeal, spacious & level yard areas, picturesque backdrop of mature oaks! Bathed in natural light, the interior features rich hardwood flooring, elegant fireplace w/stacked stone surround, designer colors & lighting, sunny skylight, custom trim & crown molding, and a tranquil primary suite! Gleaming kitchen features custom wood cabinetry, stone counters, stainless steel appliances (Miele + Dacor), recessed lighting, and an attached dining area that opens into the spacious living room. Impressive bathrooms boast rich tile finishes, granite counters & wooden cabinetry. A verdant private setting includes level lawn, Japanese maple trees, camellias, roses & mature landscaping. Private backyard w/deck & flagstone patio entertaining area looking out to an enchanting & colorful backdrop of lush foliage. Attached garage with storage & laundry. The prime, sought-after location is near Parkmead Elementary and Tice Creek School, Dewing Park swim club, easy commuting access, and downtown Walnut Creek's world-class shopping & excellent restaurants!

K
Kelly Mc Cormick
Listing Agent

Nearby schools

7/10
Parkmead Elementary School
Public,K-50.1mi
8/10
Tice Creek
Public,K-80.2mi
7/10
Walnut Creek Intermediate School
Public,6-81.8mi
9/10
Las Lomas High School
Public,9-120.7mi

Price History

Date
Event
Price
08/21/72
Sold
$32,000
Condition Rating
Excellent

Despite being built in 1955, the property has undergone extensive and high-quality renovations, as evidenced by the description and images. The kitchen features custom white cabinetry, stone counters, and high-end stainless steel appliances (Miele, Dacor), along with recessed and under-cabinet lighting, presenting a modern and 'gleaming' appearance. The bathrooms are also 'impressive' with rich tile finishes, granite counters, and updated wooden cabinetry and fixtures. Throughout the home, there are rich hardwood floors, designer colors and lighting, crown molding, and a modern stacked stone fireplace. All visible components appear new or virtually new, meeting current quality standards with no signs of deferred maintenance. The property is move-in ready and showcases a recent, comprehensive update.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8848, living area = 1186.
Great Schools: High School: Las Lomas High School (9/10).
Prime Location & Schools: Nestled in the coveted Parkmead neighborhood, the property offers walking distance to top-rated schools (Parkmead Elementary, Tice Creek, Las Lomas High), downtown Walnut Creek amenities, and easy commuting access.
Extensively Updated & Maintained: The home is meticulously maintained and features significant updates throughout, including interior finishes, a high-end kitchen, and impressive bathrooms.
High-End Remodeled Kitchen: The gleaming kitchen boasts custom wood cabinetry, stone counters, premium stainless steel appliances (Miele + Dacor), and recessed lighting, appealing to discerning buyers.
Charming Curb Appeal & Landscaping: The property presents charming East Coast ambience with an inviting brick porch, spacious level yard areas, and a private, beautifully landscaped backyard with a deck and flagstone patio.
Quality Interior Finishes: The interior is bathed in natural light and features rich hardwood flooring, an elegant fireplace with stacked stone surround, designer colors & lighting, a sunny skylight, and custom trim & crown molding.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Smaller Square Footage: At 1186 sqft, the interior living space is relatively compact for a 3-bedroom home in this price range, which may limit appeal for buyers seeking more expansive living areas.
Older Core Structure: Built in 1955, while updated, the home's original construction year suggests potential for older underlying infrastructure (e.g., plumbing, electrical systems) that may not have been fully modernized.
Lack of Central Cooling Mention: The property description does not specify the presence of a central air conditioning system, which could be a significant drawback for comfort during warmer months in California.
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