2945 Monte Cresta Drive, Belmont, California 94002, Belmont, 94002 - 3 bed, 3 bath
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2945 Monte Cresta Drive
Belmont, California 94002
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,970Sq Ft
4,118Lot Size
Property Price
LIST PRICE$2,420,000
EST. MARKET VALUE
$2,420,000
SUMMARY
This Stunning Move-In Ready Home is a High-Potential Investment Opportunity, listed at $2,388,000—positioned well below the $2,499,000 Fair Market Value by 4%. This valuation gap offers $111,000 in Instant Equity. Featuring an Excellent Condition Rating with high-end Sub-Zero/Thermador appliances and heated primary bathroom floors, the property offers a luxury lifestyle. Located in a Top-Rated School District with access to 9/10 rated schools, it is an ideal acquisition for Owner-Occupants or discerning families seeking a turnkey, high-value sanctuary.
Estimated Market Value
$2,420,000
Based on Realkey algorithm analyzing recent comparable sales in Belmont.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2945 Monte Cresta Drive Subject | $2,420,000* List Price | 3 | 3 | 1,970 | $1,228 | - |
A 2827 San Ardo Way Sold | $2,471,000 | 3 | 3 | 1,600 | $1,544 | 0.4 mi |
B 2635 Ponce Avenue Sold | $2,815,000 | 5 | 3 | 2,600 | $1,083 | 0.7 mi |
C 1917 Hillman Avenue Active Under Contract | $1,899,000 List Price | 3 | 3 | 1,710 | $1,111 | 0.8 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 has undergone a high-end luxury renovation within the last 5 years, featuring a modern open-concept kitchen with Sub-Zero and Thermador appliances, updated bathrooms with heated floors and a Jacuzzi tub, and upgraded systems including central HVAC, dual electric car chargers, and a central vacuum system.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Ralston Intermediate School (9/10). High School: Carlmont High School (9/10).
- High-End Luxury Finishes
The property boasts exceptional craftsmanship with premium materials, including hardwood flooring, Sub-Zero and Thermador appliances, and luxury touches like heated primary bathroom floors and a Jacuzzi tub.
- Top-Rated School District
Located in a highly desirable area with access to top-tier schools such as Cipriani Elementary, Ralston Intermediate, and Carlmont High, all boasting ratings of 8 or 9.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
At 4,118 square feet, the lot is relatively small for a single-family residence in this price bracket, which may restrict outdoor activities or future expansion possibilities.
- Market Stagnation
With 58 days on the market and a recent price reduction from the original listing, the property may be facing challenges in buyer perception or initial overpricing relative to current demand.
About 2945 Monte Cresta Drive
REDUCED PRICE!!! WILL NOT LAST! Luxury at its Finest! The home features central forced air heating. Every detail has been carefully considered, with luxurious materials demonstrating exceptional craftsmanship. High-end materials add style and sophistication, while hardwood flooring enhances the homes refined beauty. The food pantry provides extra storage, keeping your large, open-concept kitchen organized and tidy. Gather with family and friends around the cozy outdoor fireplace and two indoor fireplaces. Built-in closet organizers make storage hassle-free, and the crown molding adds an elegant touch and with a large walk-in closet in the Primary Bedroom. Extra storage is available in garage, attic, and a hallway for all your family's needs. The kitchen is equipped with high-end appliances, including a Sub-Zero fridge and wine unit, and a Thermador oven and dishwasher, making meal preparation a pleasure. Indoor laundry simplifies your life, while stainless steel appliances add a refined touch. The impressive wine storage capacity allows you to collect and display your favorite wines with style. Jacuzzi Tub w/Rain faucet, heated (primary) bathroom floors, central vacuum system, outdoor gas fireplace, 2 electric car chargers. Located in Top Rated School District.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 4,118 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Belmont Unified Schools
Cipriani Elementary School
Grades K-5 • 0.4 mi
8/10
Laurel Elementary School
Grades K-5 • 0.7 mi
4/10
Fox Elementary School
Grades K-5 • 1.1 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 3.0 | 2.6 |
| Square foot | 1,970 | 1,710.8 |
| Lot Size | 4,118 | 6,376.68 |
| Price | $2.42M | $2.39M |
| Price per sq ft | $1.2K | $1.3K |
| Built year | 1965 | 1958 |
| HOA | $0 | $463 |
| Days on market | 101 | 35 |
Pricing History
Listed for Sale
Sep 3, 2026
$2,420,000
$2,425,000
+0% Price Increase
Initial Listing
Price Change
Aug 19, 2026
$2,425,000
$2,388,000
+2% Price Increase
Initial Listing
Price Change
Jul 8, 2026
$2,388,000
$2,499,000
-4% Price Drop
Initial Listing
Price Change
May 31, 2026
$2,499,000
Initial Listing
Sold
Nov 12, 2013
$1,250,000
Public Record
Sold
May 29, 1998
$500,000
Public Record