229 Lake Ave, Rodeo, California 94572, Rodeo, 94572 - 3 bed, 2 bath
229 Lake Ave
Rodeo, California 94572
Property Price
SUMMARY
Analysis of 229 Lake Ave, Rodeo, California 94572 reveals a Fairly Priced Property with a current list price of $645,000 aligned with the estimated $645,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Rodeo Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and well-maintained, featuring a modern open-concept layout with several key updates. The kitchen has been refreshed with stainless steel appliances and stone countertops, and the main living areas feature updated laminate flooring and neutral paint. While the home was built in 1995, the interior components show minimal wear and tear. The unfinished basement is noted as a value-add opportunity rather than a sign of deferred maintenance, as the primary 1,513 square feet of living space is fully functional and updated.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Value-Add Potential
The expansive unfinished basement offers a rare opportunity to substantially increase the home's square footage and value by adding a fourth bedroom, third bathroom, or a separate multi-generational living suite.
- Modern Open-Concept Layout
Built in 1995, the home features a contemporary, light-filled floor plan that flows seamlessly from the kitchen into the living and dining areas, catering perfectly to modern lifestyle preferences.
- Excellent Walkability
The property is ideally situated within walking distance to local parks, diverse eateries, and the John Swett School District, providing high convenience and neighborhood appeal.
CONSRISKS & DEFICIENCIES
- Deferred Completion Costs
While the basement offers potential, it remains unfinished, requiring the buyer to commit significant additional capital, time, and permitting efforts to make the space functional.
- Lower-Rated Local Schools
The assigned elementary and middle schools currently hold lower performance ratings (3 and 4 respectively), which may be a deterrent for families prioritizing high-ranking educational institutions.
About 229 Lake Ave
Step into this light-filled 3-bedroom, 2-bath home offering 1,513 square feet of comfortable living space, plus an expansive unfinished basement ready for your vision. The open layout flows seamlessly from the spacious living & dining area into an inviting, open kitchen, creating an ideal setting for everyday living and entertaining. The unfinished basement provides incredible potential to add a 4th bedroom and 3rd bath, create a separate unit for multi-generational living, or design the bonus space of your dreams. Features an attached garage, driveway for off street parking. 6,250 square foot lot with plenty of room for outdoor enjoyment, gardening or future improvements. Walk to park, eateries and John Swett School District.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1995
- Lot Size
- 6,250 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Rodeo Unified Schools
Rodeo Hills Elementary School
Grades K-5 • 0.3 mi
Carquinez Middle School
Grades 6-8 • 2.8 mi
John Swett High School
Grades 9-12 • 2.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.5 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,513 | 1,468 | 50% |
| Lot Size | 6,250 | 6,650 | 50% |
| Price | $645.0K | $694.2K | 35% |
| Price per sq ft | $426 | $432 | 50% |
| Built year | 1995 | 1978 | 90% |
| HOA | $0 | $130 | 40% |
| Days on market | 73 | 162 | 5% |
Pricing History
Listed for Sale
Mar 4, 2026
$645,000
$670,000
-4% Price Drop
Initial Listing
Price Change
Dec 24, 2025
$670,000
Initial Listing
Sold
Mar 3, 2017
$395,000
Public Record
Sold
May 3, 2010
$154,500
Public Record
Sold
Jul 28, 1995
$160,000
Public Record
Sold
Jun 15, 1994
$45,000
Public Record