2733 Ptarmigan Dr 2, Walnut Creek, California 94595, Walnut Creek, 94595 - 2 bed, 2 bath
2733 Ptarmigan Dr 2
Walnut Creek, California 94595
Property Price
SUMMARY
Analysis of 2733 Ptarmigan Dr 2, Walnut Creek, California 94595 is currently available with a list price of $899,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Walnut Creek Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
While built in 1973, this property has clearly undergone significant and recent updates, making it move-in ready. The kitchen features stainless steel appliances, granite countertops, and updated cabinetry, which appear to have been renovated within the last 5-15 years. Bathrooms also show modern tiling, vanities, and fixtures in good condition. Hardwood flooring in the main living areas and clean carpets in the bedrooms are well-maintained. Recessed lighting and skylights enhance the overall appeal. No immediate renovations are required, aligning with a 'Good' condition score.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Burton Valley Elementary School (10/10). Middle School: M. H. Stanley Middle School (9/10). High School: Acalanes High School (10/10).
- Unique Model & Accessibility
This 'Rarely available Belvedere model' offers effortless level-in access and a layout that 'lives like a single family home,' providing a highly desirable and convenient living experience.
- Scenic Setting & Indoor/Outdoor Flow
The property boasts a 'great location overlooking a park-like setting of lawn and redwoods,' complemented by a 'wall of windows and sliders' and multiple private patios, creating an excellent indoor/outdoor living environment.
CONSRISKS & DEFICIENCIES
- High Monthly Association Fee
The association fee of $1385.00 per month is exceptionally high, which will significantly impact the total cost of homeownership and may deter a broad range of potential buyers.
- Significant Price Reduction History
The property has undergone multiple price reductions, dropping from an original list price of $998,000 to $899,000, which could signal market resistance or initial overpricing, potentially raising buyer concerns about its true market value.
- Age of Property & Potential for Updates
Built in 1973, the property is over 50 years old. While some features are highlighted, other systems or areas may require updates or maintenance, which could represent unforeseen costs for a new owner.
About 2733 Ptarmigan Dr 2
Rarely available Belvedere model. Beautiful 2 BR, PLUS den with effortless level-in access that lives like a single family home, in a great location overlooking a park-like setting of lawn and redwoods. A wall of windows and sliders in the living room and dining area provides a wonderful sense of indoor/outdoor flow. The living room has a fireplace and hardwood floors throughout with built-in lighted cabinetry. Kitchen and bathroom skylights bring in natural light. Kitchen opens to the dining area plus a private patio, perfect for entertaining. The Primary bedroom also has a slider out to its own private patio. New washer/dryer included.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1385.0 / Month
Neighborhood Insights
Walnut Creek Unified Schools
Burton Valley Elementary School
Grades K-5 • 1.1 mi
Parkmead Elementary School
Grades K-5 • 2.1 mi
Murwood Elementary School
Grades K-5 • 2.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,234 | 1,229 | 50% |
| Lot Size | - | - | 50% |
| Price | $899.0K | $612.5K | 80% |
| Price per sq ft | $729 | $492 | 89% |
| Built year | 1973 | 1971 | 54% |
| HOA | $1385.0 | $1.4K | 73% |
| Days on market | 144 | 166 | 42% |
Pricing History
Listed for Sale
Jan 21, 2026
$899,000
$948,000
-5% Price Drop
Initial Listing
Price Change
Dec 11, 2025
$948,000
$949,000
+0% Price Increase
Initial Listing
Price Change
Dec 10, 2025
$949,000
$998,000
-5% Price Drop
Initial Listing
Price Change
Oct 14, 2025
$998,000
Initial Listing