
Walnut Creek, California 94598
This Multigenerational Estate is a Strong Value Opportunity, listed at $3,199,000—positioned well below the $3,432,024 Fair Market Value by 6%. This valuation gap offers $233,024 in Instant Equity. Featuring a Condition Rating of 3, the property includes a chef’s kitchen, private well, and pool house studio on a 1.22-acre lot. This unique compound offers significant flexibility for Buy-and-Hold Investors or Owner-Occupants seeking a luxury retreat with income potential or multigenerational living space.
Property is move-in ready.
While the estate was built in 1963, it features a high-end updated chef's kitchen with premium appliances and a spa-inspired primary bathroom. The interior renovations, hardwood flooring, and meticulously maintained 1.22-acre grounds with a 12-station irrigation system indicate the property has been updated within the 5-15 year range and is in move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 53143, living area = 5191.
The property features a main residence, a detached second house, and a pool house studio, providing exceptional flexibility for guest accommodations, rental income, or multigenerational living.
Situated on a rare 1.22-acre flat lot, the estate includes a private well and a 12-station irrigation system, allowing for the maintenance of a 48-tree orchard with remarkably low water costs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5191, other record living area = 3526. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
The extensive 1.22-acre grounds, private orchard, swimming pool, and multiple detached structures will require significant ongoing labor and financial investment for upkeep.
Originally built in 1963, the property may possess aging underlying systems or structural components that could necessitate future repairs or modernization despite recent surface updates.
Tucked behind private gates on an expansive 1.22-acre flat lot, this exceptional Walnut Creek estate offers a rare blend of luxury living, resort-style grounds, and future potential. Designed for both everyday comfort and entertaining, the property features a spacious main residence, a detached second house, and a separate pool house studio creating the ultimate private compound feel. The main home showcases beautiful hardwood flooring, generous living spaces, an updated chef’s kitchen with premium appliances, oversized island, and seamless indoor-outdoor flow to the stunning backyard retreat. The primary suite offers a spa-inspired bathroom, private balcony, and peaceful views overlooking the lush grounds. Beyond the main residence, the charming second house provides incredible flexibility for multigenerational living, extended guests, or rental income opportunities. Outdoors, the property feels like your own private orchard with approximately 46-48 mature fruit trees, beautifully manicured landscaping, and a fully controlled 12-station irrigation system all supported by an efficient private well, helping maintain remarkably low monthly water costs while still offering access to city water. Energy costs remain impressively low, adding even more long-term efficiency to this one-of-a-kind property. The sunny pool house studio, sparkling pool, mature landscaping, and sprawling flat land create endless possibilities. Whether you’re looking for a private estate, family compound, or future investment opportunity with potential for additional development, this property is truly a rare offering in one of Walnut Creek’s most desirable locations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.0 |
| Baths | 7.0 | 3.0 |
| Square foot | 5,191 | 2,053 |
| Lot Size | 53,143 | 11,600 |
| Price | $3.20M | $1.57M |
| Price per sq ft | $616 | $766 |
| Built year | 1963 | 1962 |
| HOA | $0 | $591 |
| Days on market | 61 | 33 |
May 22, 2026
$3,199,000
Initial Listing
Nov 10, 2010
$775,000
Public Record
Apr 13, 1995
$620,000
Public Record