
Alamo, California 94507
This Renovated Single-Family Residence represents a Prime Investment Opportunity, listed at a List Price of $2,750,000—positioned well below the $2,807,360 Fair Market Value by 2%. This valuation gap provides $57,360 in Instant Equity. Featuring a Condition Rating of 2 (Move-in Ready), the home offers modern finishes on an expansive 0.55-acre lot with significant ADU potential. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey lifestyle with long-term development upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27 Crest Ave Subject | $2,750,000* List Price | 4 | 3 | 2,452 | $1,145 | - |
A 31 Sara Ln Sold | $2,360,000 | 3 | 3 | 2,639 | $894 | 0.9 mi |
B 2421 Danville Blvd Active | $2,998,000 List Price | 4 | 4 | 3,262 | $919 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a complete, high-end modern renovation within the last 5 years. Images show mint condition throughout, including designer bathrooms with contemporary tiling and fixtures, new wide-plank flooring, updated lighting, and a modern fireplace. The home is move-in ready with no visible maintenance needs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23900, living area = 2452.
The home has been completely updated with high-quality finishes and a functional floor plan, offering a move-in-ready experience for buyers seeking contemporary style.
Situated on a rare 0.55-acre lot, the property offers significant versatility for future enhancements, including potential lot division, an ADU, or luxury outdoor amenities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2452, other record living area = 2055. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
With a list price of $2.75 million for approximately 2,450 square feet, the property commands a high price-per-square-foot that may challenge buyers looking for more interior living space.
While beautifully renovated, the original 1951 construction may present limitations in ceiling heights or original structural elements compared to modern custom builds.
Welcome to 27 Crest Ave, Alamo, CA—a beautifully renovated 4-bedroom, 3-bathroom residence situated on an expansive approximately 0.55-acre lot in one of Alamo’s most desirable settings. Completely updated with modern style, quality finishes, and thoughtful design, this exceptional home offers comfortable everyday living while presenting an exciting opportunity to create something truly special. The well-designed floor plan provides generous living spaces, four spacious bedrooms, and three bathrooms, offering flexibility for families, guests, entertaining, and today’s evolving lifestyle. Every aspect of the renovation was thoughtfully considered to create a home that is both stylish and functional. Beyond the residence, the substantial lot opens the door to a variety of possibilities. Depending on applicable zoning, approvals, and feasibility, future options may include adding an ADU, exploring potential lot division, or creating a private pickleball court. A conceptual ADU floor plan rendering illustrates the potential for an additional dwelling along the side of the property, potentially with its own separate address—an ideal option for extended family, guests, a home office, or additional living space. The expansive grounds provide plenty of room to design your own outdoor retreat, whether envisioned for entertaining, recreation, gardening, a pool, or simply enjoying the privacy and scale of an estate-like setting. Conveniently positioned with easy access to downtown Walnut Creek, nearby hospitals and medical facilities, local shopping, fine dining, and the I-680 freeway. This desirable location provides the perfect balance of peaceful Alamo living with everyday conveniences and major destinations just minutes away. Ideally located in sought-after Alamo, 27 Crest Ave offers a rare blend of a move-in-ready renovated home and substantial land with exciting future potential. With its spacious interiors, generous grounds, and versatility for future enhancements, this property provides an exceptional opportunity to enjoy the Alamo lifestyle while creating a home uniquely suited to your vision.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.3 |
| Baths | 3.0 | 4.0 |
| Square foot | 2,452 | 3,696.8 |
| Lot Size | 23,900 | 22,594.756 |
| Price | $2.75M | $3.02M |
| Price per sq ft | $1.1K | $891 |
| Built year | 1951 | 1983 |
| HOA | $0 | $475 |
| Days on market | 7 | 34 |
Sep 2, 2026
$2,750,000
Initial Listing
May 30, 2025
$1,300,000
Public Record