4617 Hidden Glen Drive, Antioch, California 94531, Antioch, 94531 - 4 bed, 3 bath

4617 Hidden Glen Drive, Antioch, California 94531 home-pic-0
ACTIVE UNDER CONTRACT$799,000
4617 Hidden Glen Drive, Antioch, California 94531
4Beds
3Baths
2,359Sqft
9,496Lot

Price Vs. Estimate

The estimated value ($741,318.2) is $57,681.8 (7%) lower than the list price ($799,000). This property may be overpriced.

Key pros and cons

Top Pros:
Specialized Business Opportunity: This property is an operational and licensed Residential Care Facility for the Elderly (RCFE) with a positive community reputation, offering immediate income potential for investors in the care home industry.
Top Cons:
Niche Market Appeal: The property's specialized nature as an RCFE significantly narrows the potential buyer pool compared to a traditional single-family residence, potentially affecting market time.

Compared to the nearby listings

Price:$799.0K vs avg $670.0K (+$129,000)84%
Size:2,359 sqft vs avg 2,251 sqft60%
Price/sqft:$339 vs avg $30867%

More Insights

Built in 2012 (13 years old).
Condition: The property was built in 2012, making it 12 years old, which falls within the 'Good' category's age range (10-20 years). The listing emphasizes 'proactive in property upkeep and is well maintained.' While the kitchen features traditional wood cabinets and white appliances, which are clean and functional, they do not appear to be newly renovated to a modern, high-end standard. The bathrooms have been updated with ADA-compliant features, including roll-in showers with subway-style tiling, indicating recent and purposeful renovations. Overall, the property is move-in ready with well-maintained systems and minimal wear and tear, aligning with the criteria for a 'Good' condition score.
Year Built
2012
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$339
HOA
-
Days on market
-
Sold On
-
MLS number
FR25095098
Home ConditionGood
Features
Good View: Hills, Neighborhood
Patio
ViewHills, Neighborhood

About this home

Calling all interested in the licensed care home industry! Located in quiet Antioch Calif neighborhood, this operational (RCFE) licensed elder care property is ready for it's new owner. Seller has been proactive in property upkeep and is well maintained; with a very positive reputation with the community; making this a wonderful opportunity to add to your portfolio in the bustling Contra Costa County. Home has been ADA renovated with numerous updates, including not 1, but 2 complete roll in showers, widened doors, halls, fire door, entry door slight ramp, with 4 4 spacious bedrooms and 2.5 baths, beautiful covered patio in the backyard.An additional bonus room can be utilized for caregiver or other purposes. Call today for more information

Nearby schools

3/10
Carmen Dragon Elementary School
Public,K-60.8mi
3/10
Grant Elementary School
Public,K-60.8mi
1/10
Black Diamond Middle School
Public,7-80.9mi
5/10
Deer Valley High School
Public,9-121.7mi
Condition Rating
Good

The property was built in 2012, making it 12 years old, which falls within the 'Good' category's age range (10-20 years). The listing emphasizes 'proactive in property upkeep and is well maintained.' While the kitchen features traditional wood cabinets and white appliances, which are clean and functional, they do not appear to be newly renovated to a modern, high-end standard. The bathrooms have been updated with ADA-compliant features, including roll-in showers with subway-style tiling, indicating recent and purposeful renovations. Overall, the property is move-in ready with well-maintained systems and minimal wear and tear, aligning with the criteria for a 'Good' condition score.
Pros & Cons

Pros

Specialized Business Opportunity: This property is an operational and licensed Residential Care Facility for the Elderly (RCFE) with a positive community reputation, offering immediate income potential for investors in the care home industry.
ADA Compliant & Accessible: Extensively renovated with numerous ADA features, including two complete roll-in showers, widened doors and halls, a fire door, and an entry ramp, making it highly accessible for residents.
Modern Construction & Well-Maintained: Built in 2012, the property is relatively new and has been proactively maintained by the seller, ensuring good condition and reduced immediate repair needs.
Flexible & Spacious Layout: Features 4 spacious bedrooms, 2.5 baths, 2359 sqft of living space, and an additional bonus room that can be utilized for a caregiver or other versatile purposes.
Outdoor Living Space: Includes a beautiful covered patio in the backyard, providing a comfortable and functional outdoor area for relaxation and activities.

Cons

Niche Market Appeal: The property's specialized nature as an RCFE significantly narrows the potential buyer pool compared to a traditional single-family residence, potentially affecting market time.
Potential Overpricing: The current listing price of $799,000 is 7% above the estimated property value of $741,318.2, which may require price negotiation or deter some buyers.
Limited General Residential Suitability: While ideal for its specialized use, the extensive ADA renovations (e.g., roll-in showers, widened doors) might not be preferred by or easily adaptable for a typical family seeking a standard residential home.

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