2924 2924 Gelding Ln, Livermore, California 94551, Livermore, 94551 - 3 bed, 2 bath
2924 2924 Gelding Ln
Livermore, California 94551
Property Price
SUMMARY
Analysis of 2924 2924 Gelding Ln, Livermore, California 94551 reveals a Fairly Priced Property with a current list price of $960,000 aligned with the estimated $970,047 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Livermore 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2924 2924 Gelding Ln Subject | $960,000* List Price | 3 | 2 | 1,368 | $709 | - |
A 2135 Bluebell Drive Sold | $900,000 | 3 | 2 | 1,334 | $675 | 0.9 mi |
B 5569 Idlewild Ave Sold | $780,000 | 4 | 2 | 1,261 | $619 | 0.5 mi |
C 2870 Gelding Ln Sold | $1,087,000 | 3 | 2 | 1,559 | $697 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1999, this 25-year-old property falls within the 25-40 year range for homes that have been maintained but not extensively renovated. While it features desirable updates like hardwood floors and dual-pane windows, the kitchen and bathrooms likely retain original cabinetry and fixtures that, while functional, are aesthetically outdated. The property is move-in ready but requires cosmetic modernization to meet current 'excellent' or 'good' quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8468, living area = 1368.
- Premium Lot and Privacy
The expansive 8,468 sq. ft. lot features no rear neighbors and offers stunning, unobstructed views of the Livermore Hills and open space, providing a rare sense of tranquility and privacy.
- Highly Desirable Single-Story Layout
This ranch-style home offers a functional and accessible single-level floor plan with a spacious great-room feel, complemented by hardwood floors and dual-pane windows throughout.
CONSRISKS & DEFICIENCIES
- Compact Living Space
At 1,368 sq. ft., the interior square footage is relatively modest for a three-bedroom home, which may feel restrictive for buyers seeking larger common areas or expansive bedrooms.
- Potential for Cosmetic Updates
Built in 1999, the home may require modern aesthetic upgrades to the kitchen and bathrooms to fully align with contemporary design trends and maximize its market value.
About 2924 2924 Gelding Ln
Welcome to Saddleback Neighborhood! This charming single-story home offers the perfect blend of comfort, convenience, and tranquility. Located in a small, quiet subdivision, it boasts an ideal commute location just minutes from Downtown Livermore, shopping, parks, and top-rated schools. Set on an expansive 8,468 sq. ft. lot with no rear neighbors, this home features 3 bedrooms, 2 full bathrooms, and a spacious living room with a cozy fireplace, creating a warm and inviting great-room feel. The well-appointed kitchen with eating area, complete with a gas cooktop, microwave, dishwasher, and more. Additional highlights include: Central AC/Heating and ceiling fans for year-round comfort. Dual-pane windows and hardwood floors throughout. Inside laundry room and an attached garage. Stunning views of the Livermore Hills and open space.Don’t miss this opportunity to own a home in one of Livermore’s most desirable neighborhoods. Schedule your showing today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 8,468 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
Livermore Unified Schools
Altamont Creek Elementary School
Grades K-5 • 0.9 mi
Andrew N. Christensen Middle School
Grades 6-8 • 0.3 mi
Livermore High School
Grades 9-12 • 3.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,368 | 1,502.5 | 40% |
| Lot Size | 8,468 | 7,274.5 | 78% |
| Price | $960.0K | $1.01M | 41% |
| Price per sq ft | $702 | $671 | 59% |
| Built year | 1999 | 1971 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 150 | 1% |
Pricing History
Listed for Sale
Feb 27, 2026
$960,000
Initial Listing
Sold
Jun 10, 2019
$765,000
Public Record
Sold
Sep 30, 1999
$273,000
Public Record