
Walnut Creek, California 94597
This Hybrid Residential Asset is a Strong Value Opportunity, listed at $1,129,000—positioned well below the $1,154,989 Fair Market Value by 2%. This valuation gap offers $25,989 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen and flexible Zoning R2 potential for an ADU. Its proximity to BART and top-rated schools makes it a versatile choice for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation and lifestyle convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1983 Parkside Dr Subject | $1,099,000* List Price | 2 | 2 | 1,386 | $815 | - |
A 2652 Buena Vista Ave Sold | $1,050,000 | 3 | 2 | 1,131 | $928 | 0.8 mi |
B 2586 Buena Vista Ave Sold | $1,100,000 | 3 | 2 | 1,350 | $815 | 0.7 mi |
C 2464 Larkey Lane Sold | $1,237,500 | 3 | 2 | 1,598 | $774 | 0.7 mi |
D 1331 Springbrook Rd Sold | $1,338,000 | 3 | 2 | 1,741 | $769 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1949, the property has undergone significant renovations. The kitchen features granite countertops and stainless steel appliances, and the interior boasts updated hardwood floors, recessed lighting, and crown molding. The home appears well-maintained and move-in ready, consistent with a 5-15 year renovation age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8174, living area = 1386.
The property offers significantly more utility than tax records indicate, featuring a bonus room with a separate entrance and a sunroom, effectively functioning as a 3-bedroom, 2-bathroom residence plus a dedicated office.
Ideally positioned minutes from Downtown Walnut Creek and BART with rapid freeway access, the home provides exceptional commuter convenience while being situated within a top-rated school district.
The mismatch between official tax records (2/1.5) and the actual physical configuration (2/2 plus bonus rooms) may create complexities during the appraisal, financing, or permitting processes.
Originally constructed in 1949, the home may possess aging core systems or structural elements typical of mid-century builds that require more intensive maintenance compared to newer constructions.
Rare opportunity for single-story living in this 2 bdrms plus generous bonus room and office just minutes from Downtown Walnut Creek and BART! Enjoy commuter ease with quick freeway access while retreating to a spacious, tree-lined yard that is an outdoor oasis with two wooden decks (one complete with a cozy gazebo). Walk in to sun-drenched interior featuring gleaming hardwood floors, custom crown molding and abundant natural light. Kitchen features rich wood cabinetry, granite countertops, stainless-steel appliances, and expansive counter space. Tax records show 2 beds/1.5 baths, but property has 2 full baths and a bonus room with a separate entrance currently used as 3rd bedroom, and an additional sun room used as an office which makes this home feel like a 3/2 + office. Large, private lot zoned multifamily with room to add an ADU for passive income, guests, or extended family. Top Walnut Creek schools. Price reduced!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,386 | 2,025.79 |
| Lot Size | 8,174 | 11,668.667 |
| Price | $1.10M | $1.60M |
| Price per sq ft | $793 | $754 |
| Built year | 1949 | 1964 |
| HOA | $0 | $623 |
| Days on market | 25 | 39 |
Sep 5, 2026
$1,099,000
$1,129,000
-3% Price Drop
Initial Listing
Aug 15, 2026
$1,129,000
Initial Listing
Nov 27, 2019
$960,000
Public Record
Jun 24, 2014
$660,000
Public Record
May 4, 2007
$660,000
Public Record