3814 Happy Valley Rd, Lafayette, California 94549, Lafayette, 94549 - 4 bed, 4 bath
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Lafayette, California 94549
This property presents a High-Potential Investment Opportunity with a List Price of $4,795,000—positioned well below the $4,906,306 Fair Market Value by 2%. This valuation gap offers $111,306 in Instant Equity. Featuring a Fair Condition Rating, the 1.32-acre estate includes a private tennis court and producing vineyard. Located in the elite Acalanes High School district, this rare, level parcel is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to reimagine a legacy estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3814 Happy Valley Rd Subject | $4,795,000* List Price | 4 | 4 | 3,399 | $1,443 | - |
A 21 Cosso Ct Sold | $3,400,000 | 3 | 3 | 2,522 | $1,348 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1949 and, while well-maintained and 'livable' according to the description, the interior photos show significantly dated finishes including older carpeting, traditional wallpaper, and mid-century architectural elements that likely haven't seen a major renovation in over 20-30 years. The listing emphasizes the land value and the opportunity to 'reimagine' the home, placing it in the fair category as it is functional but requires comprehensive aesthetic and system updates to meet modern luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 57499, living area = 3399.
Elementary School: Happy Valley Elementary School (9/10). Middle School: Orinda Intermediate School (9/10). High School: Acalanes High School (10/10).
The property features 1.32 acres of rare, level land in the prestigious Happy Valley area, offering an irreplaceable foundation for a luxury estate that is nearly impossible to replicate.
Built in 1949, the existing single-level residence likely requires significant modernization or a complete rebuild to meet the standards of today's luxury buyers.
Given the $4.795M entry price, the additional capital required for a full-scale renovation or reimagining of the estate represents a substantial total financial commitment.
Exceptional Happy Valley Land Cannot Be Recreated. Some opportunities are defined by architecture. Others are defined by land. This is the BEST of both worlds. One of the last truly extraordinary estate parcels in Happy Valley where 1.32± acres of LEVEL breathtaking grounds create a setting that simply cannot be replicated today. Perfectly positioned within the landscape, the existing single-level residence offers over 3,400± square feet to enjoy immediately, thoughtfully enhance, expand over time, or reimagine into a design entirely around your vision. Towering redwoods, sprawling lawns, mature rose gardens, a charming 50 year plus producing vineyard, fruit trees, private tennis court, and remarkable privacy create an environment that feels worlds away, yet just minutes from downtown Lafayette’s acclaimed restaurants, boutique shopping, and everyday conveniences. Located near Happy Valley Elementary School, ranked among the top 1% of California public elementary schools based on statewide academic performance. (publicschoolreview.com/happy-valley-elementary-school-profile/94549) Check with school district for availability. Properties like this are increasingly rare. The land is irreplaceable.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 2.0 mi
Grades K-5 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,399 | 2,649 |
| Lot Size | 57,499 | 19,858 |
| Price | $4.79M | $2.25M |
| Price per sq ft | $1.4K | $877 |
| Built year | 1949 | 1963 |
| HOA | $0 | $349 |
| Days on market | 14 | 33 |
Jul 8, 2026
$4,795,000
Initial Listing