2834 Royal Ann Ln., Concord, California 94518, Concord, 94518 - 2 bed, 3 bath
Loading property details...
2834 Royal Ann Ln.
Concord, California 94518
ACTIVE
CONDITION: FAIR
2Beds
3Baths
1,178Sq Ft
874Lot Size
Property Price
LIST PRICE$499,000
EST. MARKET VALUE
$479,967
3% AboveMARKET VALUE
SUMMARY
This townhome presents a High-Potential Investment Opportunity with a List Price of $550,000—positioned above the $497,490 Fair Market Value by 10%. While the property requires aesthetic modernization due to its Fair Condition Rating, it offers significant value-add potential through cosmetic renovation. Located in the Cherrywood neighborhood near top-tier schools like De La Salle, this asset features a private fenced yard and detached garage. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through personalized upgrades.
Estimated Market Value
$479,967
Based on Realkey algorithm analyzing recent comparable sales in Concord.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2834 Royal Ann Ln. Subject | $499,000* List Price | 2 | 3 | 1,178 | $407 | - |
A 2840 Royal Ann Ln Sold | $502,500 | 3 | 3 | 1,364 | $368 | 0.0 mi |
B 835 Royal Ann Lane Sold | $610,000 | 3 | 2 | 1,339 | $456 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1973 (51 years old) and described as a 'cosmetic fixer-upper,' the property is dated and requires updates to the kitchen and bathrooms. Interior photos show popcorn ceilings and older fixtures, placing it in the 'Fair' category as it remains functional but needs significant aesthetic modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Accessibility
Situated in the desirable Cherrywood neighborhood, the property offers excellent proximity to major commute routes like BART and freeways, as well as top-tier private schools like De La Salle and Carondelet.
- Functional Layout & Amenities
This townhome features a well-designed floor plan with 2.5 bathrooms, in-unit laundry, a private fenced yard, and a detached garage, providing convenience and privacy rarely found in this price bracket.
- Value-Add Potential
As a cosmetic fixer-upper, this property presents a significant opportunity for investors or handy homeowners to build equity through personalized renovations and modern upgrades.
CONSRISKS & DEFICIENCIES
- Required Renovation
The property is identified as a 'diamond in the rough,' requiring immediate investment in repairs and aesthetic updates to bring it up to modern living standards.
- High Monthly HOA Dues
At $600 per month, the association fee is relatively high for the area, which may impact the overall monthly affordability and debt-to-income ratio for potential buyers.
About 2834 Royal Ann Ln.
Price Improvement – Outstanding Investment Opportunity! Don't miss this exceptional opportunity to own a charming 2-bedroom, 2.5-bath townhome in the highly sought-after Cherrywood neighborhood. Whether you're an investor looking to add value or a buyer eager to create your dream home, this cosmetic fixer offers outstanding potential. The thoughtfully designed floor plan features a cozy fireplace, convenient in-unit laundry, and abundant storage throughout. Step outside to enjoy a private, fenced patio and the convenience of a detached garage. Ideally located just minutes from De La Salle and Carondelet High Schools, with easy access to shopping, dining, BART, and major freeways, this home combines location, value, and opportunity. Bring your vision and transform this hidden gem into something truly special. With its new price and prime location, this is an opportunity you won't want to miss!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1973
- Lot Size
- 874 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $600.0 / Month
Neighborhood Insights
Concord Unified Schools
Bancroft Elementary School
Grades K-5 • 0.7 mi
7/10
Oak Grove Middle School
Grades 6-8 • 0.3 mi
2/10
Ygnacio Valley High School
Grades 9-12 • 0.4 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.8 |
| Baths | 3.0 | 2.3 |
| Square foot | 1,178 | 1,272.727 |
| Lot Size | 874 | 1,390.182 |
| Price | $499.0K | $509.3K |
| Price per sq ft | $424 | $402 |
| Built year | 1973 | 1971 |
| HOA | $600.0 | $540 |
| Days on market | 51 | 45 |
Pricing History
Listed for Sale
Aug 1, 2026
$499,000
$550,000
-9% Price Drop
Initial Listing
Price Change
Jul 20, 2026
$550,000
Initial Listing