234 Acacia Ln, Alamo, California 94507, Alamo, 94507 - 3 bed, 3 bath

234 Acacia Ln, Alamo, California 94507 home-pic-0
ACTIVE$2,250,000
234 Acacia Ln, Alamo, California 94507
3Beds
3Baths
2,181Sqft
50,400Lot

Price Vs. Estimate

The estimated value ($2,250,000) is $0 (0%) lower than the list price ($2,250,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 50400, living area = 2181.
Top Cons:
Long-Term ADU Tenants: The ADU is currently occupied by long-term tenants (5+ years), which may limit immediate flexibility for owner-occupancy or alternative use of the secondary unit.

Compared to the nearby listings

Price:$2.25M vs avg $2.43M ($-180,000)36%
Size:2,181 sqft vs avg 3,102 sqft9%
Price/sqft:$1.0K vs avg $80588%

More Insights

Built in 1941 (84 years old).
Condition: Despite being built in 1941, this property has undergone an extensive and high-quality remodel, bringing it to current standards. The 'chef's kitchen' features professional-grade stainless steel appliances, granite countertops, and modern cabinetry. Bathrooms are similarly updated with contemporary vanities and fixtures. The home boasts gleaming hardwood floors throughout, a new central HVAC system, and owned dual solar systems, indicating significant recent investment in major components and aesthetics. All elements appear virtually new with no deferred maintenance.
Year Built
1941
Close
-
List price
$2.25M
Original List price
$2.4M
Price/Sqft
$1,032
HOA
-
Days on market
-
Sold On
-
MLS number
41108214
Home ConditionExcellent
Features
Excellent View: Canyon, Hills, Panoramic
Deck
Pool
Patio
ViewCanyon, Hills, Panoramic

About this home

VERY RARE OPPORTUNITY TO OWN THIS SUBDIVIDABLE PROPERTY ZONED R20 CHARMING AREA OF ALAMO. ZONED HORSES/LIVESTOCK. A SPRAWLING MAIN RESIDENCE BEAUTIFULLY REMODELED WITH GREAT ROOM, CHEF'S KITCHEN, CUSTOM OFFICE, GLEAMING HARDWOOD FLOORS THROUGHOUT, INTERIOR LAUNDRY W/WALK IN PANTRY, TWO EN SUITE MASTER BEDROOMS; FRONT & REAR VERANDAS & SPARKLING POOL WITH 180 DEGREE BREATHTAKING VIEWS. DUAL SOLAR SYSTEMS OWNED AND NEW CENTRAL HVAC SYSTEM. TRULY AN ENTERTAINER'S PARADISE SITUATED ON 1.16 ACRES. CLOSE TO ACCESS TO MT DIABLO STATE PARK & LIVORNA PARK END OF LANE. THIS HOMESITE IS SUBDIVIDABLE! ADORABLE COTTAGE STYLE ADU CURRENTLY RENTED SEPARATE FROM MAIN HOME. TENANTS IN COTTAGE HAVE RESIDED 5 YEARS + ALONG WITH ADU; STUDIO & 1/2 BATH @ BARN AND TWO STALLS WITH TACK & FEED ROOM.

Condition Rating
Excellent

Despite being built in 1941, this property has undergone an extensive and high-quality remodel, bringing it to current standards. The 'chef's kitchen' features professional-grade stainless steel appliances, granite countertops, and modern cabinetry. Bathrooms are similarly updated with contemporary vanities and fixtures. The home boasts gleaming hardwood floors throughout, a new central HVAC system, and owned dual solar systems, indicating significant recent investment in major components and aesthetics. All elements appear virtually new with no deferred maintenance.
Pros & Cons

Pros

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 = 50400, living area = 2181.
Subdividable Lot & Development Potential: The property is a rare opportunity, zoned R20 and explicitly stated as subdividable, offering significant future development or investment opportunities on its 1.16-acre lot.
Income-Generating & Equestrian Facilities: Includes a currently rented cottage-style ADU providing immediate income, along with a barn featuring a studio, half bath, two stalls, and tack/feed room, catering to equestrian enthusiasts.
Extensively Remodeled Main Residence: The main residence has been beautifully remodeled with a chef's kitchen, custom office, gleaming hardwood floors, two en-suite master bedrooms, new central HVAC, and dual owned solar systems.
Breathtaking Views & Outdoor Amenities: Features 180-degree breathtaking panoramic views (Canyon, Hills, Panoramic), a sparkling pool, and front/rear verandas, creating an ideal setting for entertaining.
Desirable Location & Acreage: Situated on a generous 1.16-acre lot in a charming area of Alamo, with convenient access to Mt. Diablo State Park and Livorna Park.

Cons

Long-Term ADU Tenants: The ADU is currently occupied by long-term tenants (5+ years), which may limit immediate flexibility for owner-occupancy or alternative use of the secondary unit.
Age of Original Construction: Despite extensive remodeling, the main residence was originally built in 1941, which could imply potential for unseen issues related to older infrastructure or require ongoing maintenance typical of a vintage property.
Recent Price Reduction: The property has undergone a recent price reduction from $2.4M to $2.25M, which might indicate it was initially overpriced or has faced challenges in attracting buyers at its original asking price.

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