229 Lake Ave, Rodeo, California 94572, Rodeo, 94572 - 3 bed, 2 bath
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Rodeo, California 94572
This Modern Viewpointe Residence is a Strong Value Opportunity, listed at $645,000, which represents a stable entry point at its $645,000 Fair Market Value. Boasting a Condition Rating of 3, the 1,513-square-foot interior features a light-filled open-concept layout, refreshed kitchen, and a deck with San Pablo Bay views. The significant upside lies in the expansive unfinished basement, offering a clear path to forced appreciation through a fourth bedroom or secondary unit. This property is perfectly suited for Owner-Occupants or first-time buyers prioritizing move-in comfort with long-term equity potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 229 Lake Ave Subject | $615,000* List Price | 3 | 2 | 1,513 | $406 | - |
A 338 Garretson Avenue Active | $699,888 List Price | 3 | 2 | 1,350 | $518 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
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.
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.
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.
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.
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.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 2.8 mi
Grades 9-12 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,513 | 1,468 | 50% |
| Lot Size | 6,250 | 6,375 | 50% |
| Price | $615.0K | $680.0K | 25% |
| Price per sq ft | $406 | $450 | 40% |
| Built year | 1995 | 1978 | 95% |
| HOA | $0 | $142 | 30% |
| Days on market | 119 | 164 | 30% |
Apr 3, 2026
$615,000
$645,000
-5% Price Drop
Initial Listing
Mar 4, 2026
$645,000
$670,000
-4% Price Drop
Initial Listing
Dec 24, 2025
$670,000
Initial Listing
Mar 3, 2017
$395,000
Public Record
May 3, 2010
$154,500
Public Record
Jul 28, 1995
$160,000
Public Record
Jun 15, 1994
$45,000
Public Record