
Benicia, CA 94510
This property presents a Prime Investment Opportunity with a List Price of $729,000—positioned well below the $746,873 Fair Market Value by 2%. This valuation gap offers $17,873 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home offers significant vintage value-add potential through modernization. With panoramic Carquinez Strait views and a flexible 4BD/3BA layout, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-potential residence near top-rated schools.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 242 Dundee Way Subject | $729,000* List Price | 4 | 3 | 1,874 | $399 | - |
A 309 Drake Court Sold | $825,000 | 3 | 3 | 2,039 | $405 | 0.2 mi |
B 331 Larkin Drive Sold | $875,000 | 4 | 3 | 2,192 | $399 | 0.3 mi |
C 1234 Military W Sold | $745,000 | 3 | 2 | 1,738 | $429 | 0.9 mi |
D 387 Allen Way Sold | $860,000 | 4 | 3 | 2,099 | $410 | 0.8 mi |
E 264 James Court Pending | $725,000 List Price | 4 | 2 | 1,735 | $418 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973 and described as having 'vintage value-add potential,' the home is well-maintained but dated. The presence of popcorn ceilings, older tile flooring, and original architectural features suggests the kitchen and bathrooms are likely 20+ years old and in need of modernization, though the property remains functional and move-in ready.
The property features exceptional views of the Carquinez Strait and backs directly onto open space, offering a rare sense of seclusion and a premium hillside setting.
The 4-bedroom floor plan includes a convenient main-level bedroom and full bath, making it ideal for guests, home office use, or multigenerational living arrangements.
Situated in a highly desirable Benicia neighborhood, the home is within close proximity to top-rated schools, including Matthew Turner Elementary, and vibrant downtown amenities.
Identified as having 'vintage value-add potential,' the home likely requires significant cosmetic updates and modernization to meet current market standards.
The split-level architectural design may be a drawback for buyers seeking a traditional two-story layout or those with mobility concerns regarding frequent stairs.
Panoramic Carquinez Strait views, open space behind the property, and an elevated hillside setting define this spacious 4BD/3BA Southampton-area residence offering approx. 1834 SF on a 7405 SF lot. Positioned on a desirable Benicia hillside street with mature landscaping and strong curb appeal, the home offers multiple living spaces, a flexible multilevel floor plan, and clear vintage value-add potential. Formal split-level living and dining areas feature a stone fireplace, abundant natural light, and expansive water and hillside views from the dining room picture window. The kitchen offers generous cabinetry, ample counter space, gas cooking, and direct connection to the adjacent family room with sliding glass doors opening to the rear patio and yard. A main-level bedroom and full bath provide flexibility for guests, multigenerational living, home office use, or extended family needs. Upstairs, the spacious primary suite captures panoramic Strait and hillside views and includes an en-suite bath, while two additional bedrooms and a third full bath complete the upper level. The expansive backyard offers lawn areas, patio spaces, mature landscaping, and panoramic views with open space directly behind the property creating a rare sense of privacy and scale. Attached 2-car garage with laundry hookups and additional storage. Conveniently located near downtown Benicia, parks, trails, shopping, restaurants, and commuter access throughout the Bay Area.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 0.9 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,874 | 2,069.5 | 35% |
| Lot Size | 7,405 | 9,148 | 20% |
| Price | $729.0K | $854.5K | 28% |
| Price per sq ft | $389 | $411 | 38% |
| Built year | 1973 | 1983 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 200 | 3% |
May 21, 2026
$729,000
Initial Listing