
Richmond, California 94806
This Spacious Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $549,000—positioned well below the $670,344 Fair Market Value by 18%. This valuation gap offers $121,344 in Instant Equity for buyers. Featuring a Fair Condition Rating, the property offers significant cosmetic upside, an Expansive 7,875 sqft Corner Lot, and Distant Bay Views. While local school ratings are modest, the home’s layout and potential make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3000 Colette Dr Subject | $549,000* List Price | 3 | 2 | 1,731 | $387 | - |
A 3034 Parker Rd Sold | $692,000 | 4 | 2 | 1,793 | $386 | 0.2 mi |
B 3091 Erla Way Sold | $599,000 | 3 | 2 | 1,719 | $348 | 0.6 mi |
C 3135 Alta Mira Dr Sold | $475,000 | 4 | 2 | 1,165 | $408 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this home is functional and move-in ready but significantly dated. The kitchen features older appliances and painted cabinetry rather than a full modern renovation. Interior elements like wood paneling and older carpeting, combined with a backyard needing landscaping and hardscape repair, align with the 'Fair' criteria for properties needing cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7875, living area = 1731.
With over 1,700 square feet of living space, the home features an oversized family room and an open-concept kitchen, providing a versatile floor plan rarely found in homes of this era.
The property sits on a generous 7,875 square foot corner lot, offering significant outdoor potential for landscaping, entertaining, or future expansions like an ADU.
Built in 1963 and marketed with 'cosmetic upside,' the property likely requires a significant investment in modernizing finishes and systems to meet contemporary standards.
The assigned middle and elementary schools carry low ratings (as low as 2/10), which may be a deterrent for families prioritizing high-performing public education.
Tucked on a desirable corner lot in the sought-after Fairmede/Hilltop area, this inviting 3-bedroom, 2-bath home offers the perfect blend of location, space, comfort, and opportunity. Whether you’re looking for a move-in ready home to enjoy today or a property with room to personalize over time, 3000 Colette delivers the best of both worlds. Step inside and experience the warmth of this home throughout, adding timeless character and charm. The spacious open concept kitchen creates a natural gathering space for cooking, connecting, and entertaining, while the oversized family room offers the flexibility today’s lifestyle demands, perfect for movie nights, celebrations, holiday gatherings, a playroom, home office, or simply relaxing after a long day. Set on an expansive lot, this property offers exciting backyard potential with room to create the outdoor retreat you’ve envisioned: entertainment space, gardening, play areas, outdoor dining, or future improvements that make the space uniquely yours. Conveniently located with easy freeway access for commuters, this home places shopping, dining, parks, schools, and everyday conveniences within easy reach while offering the comfort of an established neighborhood feel. Move in and enjoy as-is, refresh and modernize over time, or unlock the cosmetic upside and make it your own! This is a home filled with opportunity and endless possibilities. Location. Space. Potential. Flexibility. Will it be yours? Stop by and experience in person! Join us during our Open House: OPEN HOUSE Sat 6/6 & Sun 6/7 | 2–4 PM.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 1.3 mi
Grades K-6 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,731 | 1,190.5 | 77% |
| Lot Size | 7,875 | 5,436.5 | 83% |
| Price | $549.0K | $602.5K | 25% |
| Price per sq ft | $317 | $465 | 9% |
| Built year | 1963 | 1957 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 171 | 1% |
May 27, 2026
$549,000
Initial Listing