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3160 Walnut Blvd, Walnut Creek, California 94597, Walnut Creek, 94597 - 3 bed, 1 bath

3160 Walnut Blvd, Walnut Creek, California 94597 home-pic-0
ACTIVE$1,400,000
3160 Walnut Blvd, Walnut Creek, California 94597
3Beds
1Bath
2,073Sqft
29,621Lot
Year Built
1951
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$675
HOA
-
Days on market
-
Sold On
-
MLS number
41117513
Home ConditionTear down
Features
Deck
Pool
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $1.40M(69th), sqft - 2073(63th), beds - 3(48th), baths - 1(10th).

Contractor/Developer/Investor Opportunity! For the first time ever, this property is available on the market. Situated on a generous .68-acre lot in the premier Walnut Heights neighborhood, this rare offering is designated for two or more homes on one parcel. The property currently includes a main residence of approximately 2,070 sq ft, a secondary residence of roughly 1,600 sq ft, and a converted garage. Please note: the main home and converted garage are in significant disrepair and may or may not be salvageable. This is an exceptional chance to reimagine the space and create your ideal living or development scenario in one of Walnut Creek’s most desirable neighborhoods. The adjacent property has already been rezoned for development, opening the door to numerous possibilities. Endless potential awaits!

Price History

Date
Event
Price
11/14/25
Listing
$1,400,000
Condition Rating
Tear down
The property, built in 1951, is explicitly described as being in 'significant disrepair' with the main home and converted garage 'may or may not be salvageable.' The listing is marketed as a 'Contractor/Developer/Investor Opportunity,' indicating the value lies in the land for redevelopment. The complete absence of interior photos, especially of the kitchen and bathroom, strongly suggests these areas are unlivable or beyond presentable condition. Exterior images show severe neglect, dilapidation, and extensive debris, reinforcing that the existing structures are likely beyond repair and the property's value is based solely on the land.
Pros & Cons

Pros

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 = 29621, living area = 2073.
Development Potential: The property is designated for two or more homes on one parcel, with an adjacent property already rezoned for development, offering significant upside for developers and investors.
Premier Neighborhood: Situated in the highly sought-after 'premier Walnut Heights neighborhood' in Walnut Creek, known for its desirability and strong property values.
Expansive Lot Size: A generous 0.68-acre (29,621 sq ft) lot provides ample space for substantial new construction or multiple dwelling units.
Targeted Investment Opportunity: Explicitly marketed as a 'Contractor/Developer/Investor Opportunity,' indicating a clear path for value creation through redevelopment.
Desirable School District: Located within the Acalanes High School District, which enhances its appeal to families and supports long-term property value.

Cons

Extensive Disrepair: The main home and converted garage are in 'significant disrepair' and may not be salvageable, necessitating demolition or a complete overhaul.
Substantial Capital Outlay Required: Beyond the purchase price, significant additional investment will be required for demolition, site preparation, and new construction or extensive renovation.
Functionally Obsolete Existing Structures: The current structures, including a 1951-built main home with only 1 bathroom for 3 bedrooms, are outdated and not suitable for modern living standards without major upgrades.

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