2032 Lyon Avenue, Belmont, California 94002, Belmont, 94002 - 2 bed, 2 bath
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2032 Lyon Avenue
Belmont, California 94002
ACTIVE
CONDITION: POOR
2Beds
2Baths
1,090Sq Ft
5,335Lot Size
Property Price
LIST PRICE$1,499,000
EST. MARKET VALUE
$1,384,522
8% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,499,000—positioned well above the $1,384,522 Fair Market Value by -8%. Featuring a Condition Rating of 5, this 1929 fixer-upper requires a full-scale renovation to unlock its potential. Located in a premier Belmont neighborhood, the asset benefits from proximity to Top-Rated Schools like Carlmont High and Ralston Intermediate. This project is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking to capitalize on the high-demand Peninsula market.
Estimated Market Value
$1,384,522
Based on Realkey algorithm analyzing recent comparable sales in Belmont.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2032 Lyon Avenue Subject | $1,499,000* List Price | 2 | 2 | 1,090 | $1,270 | - |
A 2218 Ewell Road Sold | $1,570,000 | 3 | 1 | 1,220 | $1,287 | 0.8 mi |
B 1720 Francis Court Sold | $1,920,000 | 3 | 2 | 1,260 | $1,524 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1929 and explicitly marketed as a 'contractor's special' and 'fixer-upper,' this property requires a full rehab. The kitchen and interiors are significantly dated (30+ years), and the exterior shows visible signs of neglect, including a deteriorating pergola and weathered decking. The listing notes that photos were altered to remove clutter, suggesting the actual condition may be more distressed than pictured.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Ralston Intermediate School (9/10). High School: Carlmont High School (9/10).
- Prime Peninsula Location
Situated in a highly desirable Belmont neighborhood, the property offers exceptional access to Silicon Valley, San Francisco, and major transit corridors including Highways 101, 280, and Caltrain.
- Top-Tier School District
The home is located within the boundaries of prestigious schools such as Carlmont High and Ralston Middle, which consistently receive high ratings and drive long-term property value.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
As a fixer-upper with altered photos to hide clutter, the property likely requires a substantial capital investment to address deferred maintenance and modern updates.
- Dated and Limited Living Space
Built in 1929 with only 1,090 square feet of living area, the current structure is small and aged, which may necessitate a costly expansion to meet modern living standards.
About 2032 Lyon Avenue
ENDLESS POSSIBILITIES! MAKE YOUR DREAM HOME IN THE BEST NEIGHBORHOOD! This charming fixer-upper is nestled in one of Belmont's most desirable areas. Bursting with potential, this contractor's special offers an incredible opportunity to renovate, reimagine, or create your dream home in a premier location. The home features bright and inviting living spaces, a functional floor plan, and a layout ready for your personal vision and updates. Ideally situated just minutes from vibrant downtown Belmont, you'll enjoy convenient access to popular restaurants, shopping, parks, and everyday amenities. Commuters will appreciate the home's close proximity to Highways 101 and 280, Caltrain, and major employment centers throughout Silicon Valley and San Francisco. Adding to its appeal, the property is located within the boundaries of Belmont's highly regarded schools district. Whether you're an investor, contractor, or buyer looking to customize a home to your exact tastes, this rare opportunity offers the perfect combination of location, potential, and value in one of the Peninsula's most sought-after communities. (NOTE: PHOTOS ALTERED TO REMOVE CLUTTER)
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1929
- Lot Size
- 5,335 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
Belmont Unified Schools
Cipriani Elementary School
Grades K-5 • 0.6 mi
8/10
Laurel Elementary School
Grades K-5 • 0.6 mi
4/10
Fox Elementary School
Grades K-5 • 1.6 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.3 |
| Baths | 2.0 | 2.6 |
| Square foot | 1,090 | 1,710.8 |
| Lot Size | 5,335 | 6,376.68 |
| Price | $1.50M | $2.39M |
| Price per sq ft | $1.4K | $1.3K |
| Built year | 1929 | 1958 |
| HOA | $0 | $463 |
| Days on market | 54 | 35 |
Pricing History
Listed for Sale
Jul 17, 2026
$1,499,000
Initial Listing
Sold
Oct 10, 2017
$1,288,000
Public Record
Sold
May 17, 2010
$650,000
Public Record