
Berkeley, California 94708
This historic Bernard Maybeck-designed property represents a Strong Value Opportunity, listed at $1,250,000—positioned well below the $1,342,730 Fair Market Value by 6%. This valuation gap offers $92,730 in Instant Equity. Featuring a Fair Condition Rating, the home requires modernization but offers significant expansion potential via existing 1991 plans. With panoramic Bay and Bridge views, this is an ideal acquisition for Architectural Collectors or Owner-Occupants seeking a unique, value-add project in the Berkeley Hills.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2711 Buena Vista Way Subject 1 bd · 2 ba · 958 sqft · $1,404 | $1,250,000* List Price | 1 | 2 | 958 | $1,404 | - |
A 2925 Shasta Rd Sold 3 bd · 1 ba · 1,196 sqft · $1,024 · 0.5 mi | $1,225,000 | 3 | 1 | 1,196 | $1,024 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1924 historic home is well-preserved but significantly dated. The kitchen features a vintage brown electric range and cabinetry likely dating back 30-40 years, and the interior utilizes older carpeting and wood paneling. While functional and architecturally significant, the property requires modernization of its kitchen, baths, and systems to meet contemporary standards, consistent with a home that has not seen a major renovation in over 20 years.
Designed by the legendary Bernard Maybeck, this historic 'Studio' home offers immense prestige and a rare opportunity for collectors of significant California architecture.
Nestled in the coveted Berkeley Hills, the property features iconic views of the San Francisco Bay and bridges, set within a peaceful, garden-filled neighborhood.
The inclusion of existing plans to expand the home on the south side provides a strategic roadmap for buyers to add a second bedroom and bathroom, significantly increasing the property's utility and value.
At just 958 square feet with a single bedroom, the home's current footprint may be too restrictive for many buyers at the $1.25 million price point.
A Home Energy Score of 4 suggests that the 1924 structure may require substantial investments in modern insulation and systems to meet contemporary comfort and efficiency standards.
Bernard Maybeck....an early architectural genius, master of grandeur and simplicity. Maybeck built this tiny home (called it a Studio) on the site of the Maybeck home that burned in the 1923 Berkeley Hills fire. This is a wonderful location, filled with many Maybecks and a friendly group of neighbors. Gardens, lovely views, peaceful and quiet. Live in it as a home or studio to inspire creativity. Plans done in 1991 to expand house on south side below the bedroom and incorporating the existing storeroom/laundry. Plans were to provide additional bedroom/study and bath. 2711 Buena Vista is a very extraordinary home....none other like it! HOME ENERGY SCORE 4
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 958 | 1,939.842 |
| Lot Size | 5,850 | 5,015.791 |
| Price | $1.25M | $1.78M |
| Price per sq ft | $1.3K | $1.0K |
| Built year | 1924 | 1925 |
| HOA | $0 | $443 |
| Days on market | 38 | 32 |
Sep 16, 2026
$1,250,000
Initial Listing