5065 Valley Crest Dr 242, Concord, California 94521, Concord, 94521 - 3 bed, 2 bath
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5065 Valley Crest Dr 242
Concord, California 94521
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,284Sq Ft
0Lot Size
Property Price
LIST PRICE$475,000
EST. MARKET VALUE
$445,434
6% AboveMARKET VALUE
SUMMARY
This 3-bedroom condominium represents a Strong Value Opportunity, listed at $475,000—positioned well above the $445,435 Fair Market Value by -6%. While priced slightly above market, the property offers a Condition Rating of 4, featuring a wrap-around balcony with views, in-unit laundry, and newer appliances. Located near Silverwood Elementary and Clayton Valley High, it provides a stable lifestyle for first-time buyers or owner-occupants seeking a move-in ready residence with access to community pool and sports court amenities.
Estimated Market Value
$445,434
Based on Realkey algorithm analyzing recent comparable sales in Concord.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5065 Valley Crest Dr 242 Subject | $475,000* List Price | 3 | 2 | 1,284 | $347 | - |
A 5060 5060 Valley Crest Dr 56 Sold | $420,000 | 3 | 3 | 1,247 | $337 | 0.1 mi |
B 5035 Valley Crest Dr 177 Sold | $475,000 | 3 | 3 | 1,247 | $381 | 0.1 mi |
C 5020 Valley Crest Dr 110 Sold | $345,000 | 2 | 2 | 1,100 | $314 | 0.1 mi |
D 5025 Valley Crest Dr 147 Sold | $415,000 | 2 | 2 | 1,200 | $346 | 0.1 mi |
E 5035 Valley Crest Dr 169 Sold | $362,000 | 2 | 2 | 1,080 | $335 | 0.1 mi |
F 5015 Valley Crest Dr 121 Sold | $420,000 | 2 | 2 | 1,080 | $389 | 0.1 mi |
G 1544 1544 Bailey Road 3 Sold | $342,000 | 2 | 2 | 915 | $374 | 0.7 mi |
H 5095 Valley Crest Dr 309 Active | $385,000 List Price | 2 | 2 | 1,100 | $350 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1984, the property is 40 years old, placing it in the >20y category. While it is well-maintained with newer laminate flooring and appliances, the kitchen cabinetry and countertops are dated, and the presence of popcorn ceilings suggests it needs minor cosmetic updates to be considered modern.
PROSSTRENGTHS & OPPORTUNITIES
- Top-Floor Living & Views
As a top-floor unit featuring a large wrap-around balcony, the property offers enhanced privacy, abundant natural light, and scenic views that are rare for standard condominiums.
- Move-In Ready Condition
The interior is well-maintained with modern laminate flooring, newer kitchen appliances, and the convenience of an in-unit laundry room equipped with a washer and dryer.
- Prime Location & Amenities
Situated minutes from BART, shopping, and schools, the unit includes two designated parking spaces and access to community features like a pool and sports court.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $525 adds a significant recurring cost to ownership, which may impact the overall affordability for budget-conscious buyers.
- Market Stagnation
Despite a recent price reduction, the property has remained on the market for over 30 days, potentially signaling a disconnect between the asking price and current buyer expectations.
About 5065 Valley Crest Dr 242
HUGE PRICE REDUCTION!!! Light and bright top floor unit flooded with natural light with a large wrap-around balcony with views. Move-in ready 3 bedrooms 2 bathrooms features laminate floors throughout, in-unit laundry includes washer and dryer, spacious storage room, white painted walls, mirrored closet doors, ceiling fans, window coverings. Kitchen includes refrigerator, electric stove, microwave and dishwasher, all newer appliances. Close to community pool and sports court. Two designated parking spaces right in the front; one covered and one uncovered. Minutes from shopping, BART, schools, great restaurants and much more. Some images are digitally generated.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $525.0 / Month
Neighborhood Insights
Concord Unified Schools
Silverwood Elementary School
Grades K-5 • 0.4 mi
6/10
Pine Hollow Middle School
Grades 6-8 • 1.4 mi
5/10
Clayton Valley High School
Grades 9-12 • 0.5 mi
0/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 1.2 |
| Square foot | 1,284 | 885.735 |
| Lot Size | - | 753.4 |
| Price | $475.0K | $322.1K |
| Price per sq ft | $370 | $372 |
| Built year | 1984 | 1978 |
| HOA | $525.0 | $522 |
| Days on market | 65 | 57 |
Pricing History
Listed for Sale
Jul 23, 2026
$475,000
$495,000
-4% Price Drop
Initial Listing
Price Change
Jul 6, 2026
$495,000
Initial Listing
Sold
Sep 13, 2024
$535,000
Public Record
Sold
Jun 30, 2006
$400,000
Public Record