2169 Nelda Way, Alamo, California 94507, Alamo, 94507 - 4 bed, 3 bath
Loading property details...
2169 Nelda Way
Alamo, California 94507
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
3,181Sq Ft
31,200Lot Size
Property Price
LIST PRICE$2,795,000
EST. MARKET VALUE
$2,981,334
6% BelowMARKET VALUE
SUMMARY
This Stunning Traditional Residence represents a Strong Value Opportunity, listed at $2,795,000—positioned well below the $2,981,334 Fair Market Value by 6%. This valuation gap offers $186,334 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a fully remodeled gourmet kitchen and high-end outdoor entertaining space, this home is truly move-in ready. Ideally located near the Round Hill Country Club, it is the perfect sanctuary for discerning homeowners or luxury buyers seeking sophisticated Alamo living.
Estimated Market Value
$2,981,334+$186,334 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Alamo.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2169 Nelda Way Subject | $2,795,000* List Price | 4 | 3 | 3,181 | $937 | - |
A 225 Pebble Ct Sold | $2,560,000 | 4 | 3 | 2,800 | $914 | 0.3 mi |
B 137 Megan Ct. Sold | $2,800,000 | 5 | 3 | 2,916 | $960 | 0.2 mi |
C 46 Tam O Shanter Rd Sold | $3,065,000 | 4 | 4 | 3,056 | $1,003 | 0.6 mi |
D 2216 Nelda Way Sold | $3,150,000 | 4 | 4 | 3,734 | $844 | 0.1 mi |
E 112 Valley Oaks Dr Sold | $2,100,000 | 4 | 2 | 2,275 | $923 | 0.1 mi |
F 131 131 Pebble Ln Sold | $2,400,000 | 5 | 3 | 2,662 | $902 | 0.2 mi |
G 2358 Stone Valley Rd Sold | $2,650,000 | 4 | 4 | 3,893 | $681 | 0.5 mi |
H 2090 Pebble Dr Active | $2,499,900 List Price | 4 | 3 | 2,872 | $870 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1979, the property has undergone a comprehensive, high-end renovation within the last 5 years. The kitchen features modern cabinetry, stone counters, and premium stainless appliances; bathrooms are fully remodeled with contemporary fixtures and finishes. The inclusion of solar panels and a new outdoor kitchen indicates that systems and amenities are in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 31200, living area = 3181.
- Premier Outdoor Living
The expansive .72-acre lot features a sparkling pool and a high-end outdoor kitchen equipped with a pizza oven and BBQ, offering exceptional space for entertaining and room for a future sport court.
- Modernized Gourmet Kitchen
The beautifully remodeled kitchen serves as the heart of the home, featuring a generous center island, premium cabinetry, and a sunlit breakfast nook that seamlessly connects to the outdoor terrace.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
- Vintage Architectural Elements
Originally constructed in 1979, some buyers may find certain architectural features or secondary rooms less contemporary than modern new-build standards despite recent updates.
- High Maintenance Requirements
The large lot size and extensive outdoor features, including the pool and professional-grade outdoor kitchen, will require significant ongoing maintenance and landscaping investment.
About 2169 Nelda Way
Nestled near prestigious Round Hill Country Club, this exceptional Traditional residence offers timeless elegance, refined comfort and effortless indoor-outdoor living on a private .72-acre lot. Thoughtfully custom-designed, the light-filled home features an expansive, highly functional floor plan with picturesque views of mature trees, lush grounds and the sparkling pool. A charming garden-lined entry welcomes you to vaulted ceilings, soaring windows and abundant natural light enhanced by a dramatic bank of skylights above the natural atrium. The impressive living room features soaring ceilings, custom lighting, recently updated flooring and a striking fireplace, while the adjacent dining room offers vaulted ceilings, a large picture window and seamless access to the kitchen. Beautifully remodeled, the kitchen combines style and functionality with a generous center island, abundant cabinetry and pantry storage. A sunlit breakfast nook opens to a paver patio through sliding glass doors, creating an inviting setting for casual dining and outdoor enjoyment. The expansive primary suite is a serene private retreat with walls of windows, ambient lighting, multiple closets and sliding glass doors opening to the yard. The spa-inspired bath features dual vanities, an oversized shower, pedestal soaking tub and additional closet. The exceptional outdoor spaces are designed for entertaining and relaxation. A sparkling pool is surrounded by an expansive paver terrace and complemented by an impressive outdoor kitchen/entertaining island with BBQ, pizza oven, sink, refrigerator, side-burner cooktop and ample storage. The rear yard offers a blank canvas for a sport court, outdoor pavilion, bocce, lawn, play area or other lifestyle amenities. Mature trees provide privacy and a tranquil backdrop. Ideally located just moments from Round Hill Country Club and minutes from downtown Alamo, highly regarded schools, scenic hiking and biking trails, and convenient freeway access, this remarkable property offers a rare combination of privacy, versatility and sophisticated Alamo living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 31,200 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 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 |
|---|---|---|
| Beds | 4.0 | 4.3 |
| Baths | 3.0 | 4.0 |
| Square foot | 3,181 | 3,696.8 |
| Lot Size | 31,200 | 22,594.756 |
| Price | $2.79M | $3.02M |
| Price per sq ft | $879 | $891 |
| Built year | 1979 | 1983 |
| HOA | $0 | $475 |
| Days on market | 28 | 34 |
Pricing History
Listed for Sale
Aug 12, 2026
$2,795,000
Initial Listing
Sold
Dec 6, 2022
$1,900,000
Public Record