438 Calle Alcazar, Walnut, California 91789, Walnut, 91789 - 3 bed, 2 bath
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Walnut, California 91789
This Turnkey California Ranch represents a High-Potential Investment Opportunity, listed at $1,350,000—positioned above the $1,250,609 Fair Market Value. While priced for its move-in ready status, the property offers significant upside through its 20,990 sq. ft. lot, ideal for an ADU or estate expansion. Featuring a Chef's Kitchen, EV-ready garage, and an Excellent Condition Rating, this home provides immediate lifestyle value. Its expansive land and modern upgrades make it a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation in Walnut.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 438 Calle Alcazar Subject | $1,350,000* List Price | 3 | 2 | 1,420 | $881 | - |
A 535 San Roque Drive Active | $1,258,000 List Price | 4 | 2 | 1,727 | $728 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a recent comprehensive renovation (less than 5 years) featuring modern waterproof flooring, a chef's kitchen with granite countertops, and updated bathrooms. Structural and system upgrades include a newer roof, dual-pane windows, and an EV-ready charging station, meeting the criteria for mint condition with no maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20990, living area = 1420.
The expansive 20,990 square foot lot is a rare find in Walnut, offering significant value-add potential for an ADU, a multi-generational compound, or a custom estate backyard.
The property is move-in ready with high-quality renovations, including waterproof flooring, a newer roof, dual-pane windows, and a dedicated EV-ready charging station in the garage.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =20990, other record lot size in square feet = 21042.
With only 1,420 square feet of interior living area, the home's footprint is relatively small compared to the massive lot size and the $1.35M price point.
While located in the city of Walnut, the property is served by the Rowland Unified School District rather than the highly sought-after Walnut Valley Unified School District, which may influence buyer demand.
Rare Walnut Opportunity: Move-In Ready + Massive Lot Potential! Situated in a highly desirable Walnut neighborhood, this beautifully updated South facing, California Ranch home sits on an expansive, lot of over 20,000 square feet. Offering the perfect blend of immediate turnkey living and limitless future appreciation, this property is a clean canvas ready for your dream estate backyard, a premium ADU, or an multi-generational compound. Interior Highlights: Move-In Ready: Recently renovated with sleek waterproof flooring, fresh neutral paint, and dual-pane windows maximizing natural light. Chef's Kitchen: Equipped with premium granite countertops, modern cabinetry, and standard clean finishes. Primary Comfort: Spacious layout featuring updated bathrooms and direct access to the massive outdoor space. Exterior & Structural Upgrades: Value-Add Infrastructure: Newer roof and an upgraded automatic sprinkler system servicing both the front and back lawns. Eco-Friendly & Tech-Ready: The attached garage comes fully equipped with a dedicated EV-ready charging station. Whether you want to move right in and enjoy the peaceful suburban lifestyle, expand the current footprint, or build to your heart's desire, properties with this caliber of usable land rarely hit the market in Walnut.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 32% |
| Baths | 2.0 | 3.0 | 31% |
| Square foot | 1,420 | 2,186 | 11% |
| Lot Size | 20,990 | 9,214 | 83% |
| Price | $1.35M | $1.25M | 58% |
| Price per sq ft | $951 | $610 | 99% |
| Built year | 1977 | 1983 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 151 | 2% |
May 20, 2026
$1,350,000
Initial Listing