38 Saint Stephens Dr, Orinda, California 94563, Orinda, 94563 - 5 bed, 4 bath
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Orinda, California 94563
This Versatile Income-Generating Residence is a Strong Value Opportunity, listed at $1,950,000—positioned well below the $2,109,346 Fair Market Value by 7%. This valuation gap provides $159,346 in Instant Equity for the buyer. The property maintains a Good Condition Rating, featuring modern solar panels, an EV charging station, and panoramic views. With a current rental income of $7,000 per month and access to Top-Rated Schools like Miramonte High (10/10), it perfectly balances lifestyle and ROI. This is an ideal acquisition for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38 Saint Stephens Dr Subject | $1,950,000* List Price | 5 | 4 | 3,012 | $700 | - |
A 32 Dos Posos Sold | $2,231,750 | 4 | 4 | 3,163 | $706 | 0.8 mi |
B 700 Miner Sold | $1,649,000 | 3 | 2 | 2,365 | $697 | 0.5 mi |
C 151 La Espiral Sold | $1,540,000 | 4 | 2 | 2,812 | $548 | 0.4 mi |
D 15 15 Los Dedos Sold | $2,265,000 | 4 | 4 | 3,023 | $749 | 0.5 mi |
E 15 Los Dedos Road Sold | $2,100,000 | 4 | 4 | 3,023 | $695 | 0.5 mi |
F 85 El Gavilan Rd Pending | $2,195,000 List Price | 4 | 3 | 2,956 | $743 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant modern updates despite its 1965 build date. Interior photos show high-quality hardwood flooring, recessed lighting, and updated kitchen and bathrooms with stone countertops and stainless steel appliances. The inclusion of functional modern systems like owned solar panels and an EV charging station, along with well-maintained expansive decking and landscaping, justifies a 'good' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 31500, living area = 3012.
Elementary School: Happy Valley Elementary School (9/10). Middle School: Orinda Intermediate School (9/10). High School: Miramonte High School (10/10).
The property currently generates $7,000 per month in rental income and features a flexible floor plan including a detached office and a lower-level in-law unit, ideal for investors or multi-generational families.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3012, other record living area = 2304. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The requirement of an accepted offer prior to interior inspection and the lack of open houses significantly limit market exposure and may deter traditional buyers who prefer to view a home before committing.
The approximately 600 sq. ft. lower-level living space is unpermitted, which could present complications regarding financing, insurance, and future building code compliance.
Tenant occupied property currently renting for $7000 per month including the in-law unit, with one family leasing both spaces. Tenant would like to remain, if possible, offering flexibility for investors or buyer seeking rental income. To minimize disruption, no sign and no open houses at this time. Showings only after receipt of an accepted offer contingent upon interior inspection. Welcome to peaceful, casual living in this beautiful 5-bedroom, 3.5-bath home offering 3,012 sq. ft. of living space on a lush and private 0.72-acre lot. tucked away in nature yet just minutes from Highway 24 and the Orinda BART station. Step inside to find panoramic views from the living room and dining area, two cozy wood-burning fireplaces, and a spacious family room ideal for entertaining. Modern upgrades include owned solar panels, an EV charging station, and a detached office—perfect for today’s remote work lifestyle or a meditation room. Outdoors, enjoy mature fruit trees, gorgeous, landscaped gardens, two tranquil waterfalls, and expansive decks. The property also features a flexible lower-level in-law unit (approx. 600 sq. ft., unpermitted) with a private entrance, bedroom, bathroom, laundry and living space—ideal for guests, extended family, or rental income.
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades K-5 • 1.7 mi
Grades K-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 77% |
| Baths | 4.0 | 3.0 | 60% |
| Square foot | 3,012 | 2,558 | 60% |
| Lot Size | 31,500 | 19,900 | 80% |
| Price | $1.95M | $2.01M | 45% |
| Price per sq ft | $647 | $785 | 18% |
| Built year | 1965 | 1956 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 63 | 112 | 19% |
Apr 14, 2026
$1,950,000
Initial Listing