
Walnut Creek, California 94595
This Condominium represents a High-Potential Investment Opportunity, listed at $499,000—positioned well above the $431,658 Fair Market Value by -15%. While the list price exceeds current estimates, the property offers a Condition Rating of 4, featuring recent cosmetic updates and a unique enclosed sunroom with wooded views. Located near top-rated schools like Burton Valley Elementary and Acalanes High, this unit provides a resort-style lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-located, low-maintenance residence in Walnut Creek.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2128 Tice Creek Dr 3 Subject | $499,000* List Price | 2 | 1 | 1,262 | $342 | - |
A 1433 Oakmont Dr 3 Sold | $435,000 | 2 | 2 | 1,049 | $415 | 0.4 mi |
B 1301 Leisure Ln 7 Sold | $350,000 | 2 | 1 | 1,054 | $332 | 0.5 mi |
C 1548 Golden Rain Rd 2 Sold | $375,000 | 2 | 1 | 1,054 | $356 | 0.4 mi |
D 1524 Golden Rain Rd 7 Sold | $380,000 | 2 | 1 | 1,054 | $361 | 0.4 mi |
E 1137 Stanley Dollar Dr 5 Sold | $410,000 | 2 | 1 | 1,081 | $379 | 0.6 mi |
F 1517 Oakmont Dr 1 Sold | $418,000 | 2 | 1 | 1,081 | $387 | 0.4 mi |
G 2128 Tice Creek Dr 2 Pending | $450,000 List Price | 2 | 2 | 1,162 | $387 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1963 and, while it features recent cosmetic updates like new carpet and paint, the core elements remain dated. The kitchen contains older white appliances, a coil-electric cooktop, and a fluorescent light box, indicating a renovation likely performed over 20 years ago. Popcorn ceilings are still present throughout, and the overall aesthetic requires modernization to meet current standards.
Elementary School: Burton Valley Elementary School (10/10). Middle School: M. H. Stanley Middle School (9/10). High School: Acalanes High School (10/10).
Unlike many units in the area, this is a condominium rather than a co-op, which simplifies the lending process and provides more flexible financing options for buyers.
The enclosed balcony with dual-paned windows adds functional square footage and maximizes natural light, offering a unique sunroom-style area with serene wooded views.
The association fee of $1,256 per month is significant and may be a deterrent for budget-conscious buyers or those sensitive to high fixed monthly expenses.
Built in 1963, the unit features only one bathroom for two bedrooms, which may be a drawback for families or those who frequently host overnight guests.
WOW So many great things about this home. This is a CONDO not a Co-op. Lending is easily available! The MOST sq.ft. living space under 500K !! Location is fantastic! Walking distance to the Clubhouse and less than 5 minute drive to the Golf course. New Carpet throughout this home with upgraded pad and updated paint. Come and see the fantastic second story wooded view and instead of an open balcony, you get a huge bank of dual paned windows in a closed in extra room which gives you extra square feet of living space and absolutely floods the home with natural light! Mirror closet doors in the first bedroom and plantation shutters in both bedrooms for ease of privacy or letting in ample light Resort style living with tons of social clubs ! Washer / Dryer / Refrigerator convey with property This is a must see !
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.3 mi
Grades K-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 29% |
| Square foot | 1,262 | 1,224 | 55% |
| Lot Size | - | - | 50% |
| Price | $499.0K | $629.0K | 36% |
| Price per sq ft | $395 | $498 | 28% |
| Built year | 1963 | 1971 | 2% |
| HOA | $1256.0 | $1.4K | 6% |
| Days on market | 25 | 138 | 1% |
May 22, 2026
$499,000
Initial Listing
Aug 13, 2015
$322,500
Public Record
Feb 19, 2014
$295,000
Public Record