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394 Ilo Lane 303, Danville, California 94526, Danville, 94526 - 2 bed, 2 bath

394 Ilo Lane 303, Danville, California 94526 home-pic-0
ACTIVE$560,000
394 Ilo Lane 303, Danville, California 94526
2Beds
2Baths
1,012Sqft
Lot

Price Vs. Estimate

The estimated value ($561,433.14) is $1,433.14 (1%) lower than the list price ($560,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Montair Elementary School (9/10). High School: San Ramon Valley High School (10/10).
Top Cons:
Substantial HOA Fees: The monthly association fee of $710 is relatively high and significantly impacts the overall cost of homeownership.

Compared to the nearby listings

Price:$560.0K vs avg $1.12M ($-560,000)3%
Size:1,012 sqft vs avg 1,513 sqft3%
Price/sqft:$553 vs avg $68616%

More Insights

Built in 1964 (61 years old).
Condition: Despite being built in 1964, this townhouse has undergone an extensive and recent renovation, meeting the 'extensively renovated within 5 years' criteria. The description highlights a 'beautifully updated' and 'thoughtfully upgraded' interior, featuring an open floor plan, recessed lighting, attractive vinyl and marble flooring, and a modern kitchen with marble counters and stainless steel appliances. Crucially, the furnace/air conditioning system was replaced in March 2023, indicating a very recent update to a major system. The images confirm a contemporary aesthetic with modern fixtures, appliances, and finishes throughout, including a modern ceiling fan, updated fireplace, and new washer/dryer. The property appears move-in ready with no visible deferred maintenance.
Year Built
1964
Close
-
List price
$560K
Original List price
$569K
Price/Sqft
$553
HOA
$710
Days on market
-
Sold On
-
MLS number
41111381
Home ConditionExcellent
Features
Patio
View-

About this home

Enjoy your new West Danville home for the Holidays! Beautifully updated 2-story townhouse that has been thoughtfully upgraded for both style & comfort. It has an open floor plan with recessed lighting throughout, attractive marble & vinyl flooring, a modern kitchen with marble counters, as well as a gas-powered fireplace & French doors that open to an inviting enclosed private patio. The dual-pane vinyl windows with energy efficient shutters & a newer (March, 2023) furnace/air conditioning system ensure year-round comfort. Convenience is built right in, with a dedicated covered parking space located close to the home & a large private storage closet on the patio. Enjoy community amenities including a pool, spa, & clubhouse, wonderful for relaxing or entertaining. The location is ideal—just minutes from downtown Danville & top-rated schools, with quick commuter access to major routes. The HOA has 3 decks in the complex, HOA fee covers hot & cold water, garbage service, exterior and common area maintenance & professional management, allowing you to enjoy a low-maintenance lifestyle. This move-in ready home is a rare opportunity to enjoy both comfort & convenience in one of Danville’s most desirable neighborhood!

Nearby schools

9/10
Montair Elementary School
Public,•K-5•0.7mi
8/10
Stone Valley Middle School
Public,•6-8•2.4mi
10/10
San Ramon Valley High School
Public,•9-12•0.4mi
Condition Rating
Excellent
Despite being built in 1964, this townhouse has undergone an extensive and recent renovation, meeting the 'extensively renovated within 5 years' criteria. The description highlights a 'beautifully updated' and 'thoughtfully upgraded' interior, featuring an open floor plan, recessed lighting, attractive vinyl and marble flooring, and a modern kitchen with marble counters and stainless steel appliances. Crucially, the furnace/air conditioning system was replaced in March 2023, indicating a very recent update to a major system. The images confirm a contemporary aesthetic with modern fixtures, appliances, and finishes throughout, including a modern ceiling fan, updated fireplace, and new washer/dryer. The property appears move-in ready with no visible deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Montair Elementary School (9/10). High School: San Ramon Valley High School (10/10).
Modern & Updated Interior: Thoughtfully upgraded with an open floor plan, recessed lighting, attractive marble & vinyl flooring, and a modern kitchen with marble counters, offering contemporary style and comfort.
Energy Efficient & New HVAC: Features dual-pane vinyl windows with energy-efficient shutters and a recently installed (March 2023) furnace/air conditioning system, ensuring year-round comfort and potential utility savings.
Desirable Location & Accessibility: Ideally located just minutes from downtown Danville and top-rated schools (including a 10-rated high school), with quick commuter access to major routes, enhancing convenience and appeal.
Comprehensive Community Amenities: Residents benefit from access to a community pool, spa, and clubhouse, providing excellent options for relaxation and entertainment.
Low-Maintenance Lifestyle: The HOA covers hot/cold water, garbage, exterior/common area maintenance, and professional management, promoting a hassle-free lifestyle, complemented by dedicated covered parking and private storage.

Cons

Substantial HOA Fees: The monthly association fee of $710 is relatively high and significantly impacts the overall cost of homeownership.
History of Price Reductions: Multiple price adjustments from the original listing price may indicate market resistance or initial overpricing, potentially affecting perceived value.
Older Building Structure: While extensively updated, the 1964 construction year suggests an older underlying building structure, which could lead to unforeseen maintenance or renovation needs not covered by the HOA in the long term.

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