291 Purdue Ave, Kensington, California 94708, Kensington, 94708 - 3 bed, 2 bath
Loading property details...
291 Purdue Ave
Kensington, California 94708
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,737Sq Ft
4,500Lot Size
Property Price
LIST PRICE$1,048,000
EST. MARKET VALUE
$1,235,876
15% BelowMARKET VALUE
SUMMARY
This Dual-Dwelling Residential Property is a Strong Value Opportunity, listed at $1,048,000—positioned well below the $1,235,876 Fair Market Value by 15%. This valuation gap offers $187,876 in Instant Equity. With a Mint Condition Rating, the property features a renovated main home and a modern cottage, ideal for rental income or multi-generational living. Located near Top-Rated Kensington Hilltop Elementary and Tilden Park, this asset offers both lifestyle and financial stability for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, move-in ready home.
Estimated Market Value
$1,235,876+$187,876 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Kensington.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 291 Purdue Ave Subject 3 bd · 2 ba · 1,737 sqft · $712 | $1,048,000* List Price | 3 | 2 | 1,737 | $712 | - |
A 267 Cambridge Ave Pending 3 bd · 2 ba · 1,325 sqft · $751 · 0.2 mi | $995,000 List Price | 3 | 2 | 1,325 | $751 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property consists of a main home and a cottage that have both undergone significant recent renovations within the last 5 years. The main house features a refreshed kitchen with new quartz countertops and stainless appliances, while the cottage is a complete modern renovation with a new roof, updated electrical, new kitchen, and new bath. Major systems including drainage and sewer have also been replaced, placing the entire property in mint, move-in condition.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Dwelling Versatility
The property features two legal residences on one lot, including a newly renovated 1940s cottage, offering exceptional flexibility for rental income, multi-generational living, or a professional home office.
- Prime Location & Education
Situated in the highly coveted Upper Kensington neighborhood, the home is less than 0.6 miles from top-rated Kensington Hilltop Elementary and steps away from Tilden Park trails and local village shops.
- Extensive Infrastructure Upgrades
Significant capital improvements including seismic retrofitting, a new drainage and sewer system, and a fully updated cottage with a new roof and electrical systems provide long-term value and reduced maintenance concerns.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1737, other record living area = 1057. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Compact Main House Layout
The main residence offers only two bedrooms and a tandem garage configuration, which may be restrictive for larger families or those requiring more integrated living space.
- Limited Private Yard Space
With two separate dwellings occupying a 4,500-square-foot lot, the remaining outdoor space is primarily hardscaped, potentially limiting privacy and traditional garden areas for both units.
About 291 Purdue Ave
This special property offers a rare chance to own two charming homes on one lot in coveted Kensington, one of East Bay’s most beloved hillside neighborhoods. A classic 1939 main residence and a newly renovated legal 1940s one-bedroom cottage makes an ideal in-law, start-up office, or rental. The main home offers wonderful curb appeal with lawn & welcoming courtyard. Inside, period details accompany large picture windows that fill the living space with natural light. The dining room flows effortlessly out to a lovely brick patio that shines when entertaining at night. Enjoy quiet mornings in the delightful eat-in kitchen refreshed with new oak floors, quartz countertops & stainless-steel appliances. Two upper bedrooms, one with filtered golden gate views, share an updated bath. Below, the tandem garage & laundry area offers potential bonus space. Set beyond a lovely brick hardscape, the newly renovated 1940s cottage is truly special with big picture windows, new vaulted ceilings, updated electrical & LED lighting, wide-plank flooring, new kitchen, updated bath & new roof. Other property improvements: past retrofitting, new drainage & sewer system, new sidewalk & expanded driveway for additional two cars! Stroll to Village coffee & shops, within .07 miles to top-rated Kensington Hilltop Elementary, Tilden Park Trails, and AC Transit a few steps away.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1939
- Lot Size
- 4,500 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Kensington Unified Schools
Kensington Elementary School
Grades K-6 • 0.6 mi
8/10
Thousand Oaks Elementary School
Grades K-5 • 1.1 mi
5/10
Jefferson Elementary School
Grades K-5 • 2.1 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 2.0 | 2.4 |
| Square foot | 1,737 | 2,146.389 |
| Lot Size | 4,500 | 5,475.722 |
| Price | $1.05M | $1.68M |
| Price per sq ft | $603 | $855 |
| Built year | 1939 | 1943 |
| HOA | $0 | $0 |
| Days on market | 9 | 31 |
Pricing History
Listed for Sale
Oct 15, 2026
$1,048,000
Initial Listing
Sold
Mar 29, 2005
$751,000
Public Record