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5540 Michigan Boulevard, Concord, California 94521, Concord, 94521 - 3 bed, 2 bath

5540 Michigan Boulevard, Concord, California 94521 home-pic-0
ACTIVE$887,000
5540 Michigan Boulevard, Concord, California 94521
3Beds
2Baths
1,182Sqft
7,841Lot

Price Vs. Estimate

The estimated value ($815,476.705) is $71,523.295 (8%) lower than the list price ($887,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1182.
Top Cons:
Listing Price vs. Estimated Value: The current listing price of $887,000 is notably higher than the property's estimated value of approximately $809,240, which could present a challenge in valuation or buyer negotiations.

Compared to the nearby listings

Price:$887.0K vs avg $855.0K (+$32,000)56%
Size:1,182 sqft vs avg 1,641 sqft9%
Price/sqft:$750 vs avg $52499%

More Insights

Built in 1960 (65 years old).
Condition: This property has undergone a stunning, full renovation, as explicitly stated in the description and clearly evidenced by the images. The kitchen features a striking waterfall island, custom cabinetry, quartz countertops, and premium stainless steel appliances, all in a modern, sleek style. The bathroom is equally updated with a contemporary vanity, matte black fixtures, new tiling, and a glass shower partition. Wide-plank flooring is consistent throughout the main living areas, and designer lighting (recessed and pendants) is installed. Significant upgrades include a brand-new roof and new HVAC system. Despite being built in 1960, the extensive and recent renovation brings all components to a virtually new condition, meeting current quality standards with no deferred maintenance.
Year Built
1960
Close
-
List price
$887K
Original List price
$897K
Price/Sqft
$750
HOA
-
Days on market
-
Sold On
-
MLS number
ML82021220
Home ConditionExcellent
Features
ViewNeighborhood, Valley

About this home

Welcome to 5540 Michigan Blvd a stunning, fully renovated home nestled in the heart of the highly desirable Clayton Valley Highlands neighborhood of Concord. This 3-bedroom, 2-bathroom residence has been completely reimagined with thoughtful design, modern upgrades, and timeless finishes to offer both comfort and sophistication. Step inside to discover a bright and open layout ideal for everyday living and entertaining. The gourmet kitchen features a striking waterfall island, custom cabinetry, quartz countertops, and premium appliances a true centerpiece of the home. Designer lighting, wide-plank flooring, and tasteful color palettes create an inviting and stylish atmosphere throughout. Significant upgrades include a brand-new roof, new HVAC system, enhanced insulation, and a Tesla EV charger installed in the finished garage. The expansive backyard offers endless possibilities whether you envision a lush garden, outdoor lounge, or future expansion, this oversized lot is your blank canvas. Situated on a quiet residential street close to top-rated schools, scenic parks, shopping, and dining, this move-in ready home delivers an unbeatable combination of location, lifestyle, and design quality.

Nearby schools

6/10
Highlands Elementary School
Public,•K-5•0.2mi
8/10
Mt. Diablo Elementary School
Public,•K-5•0.8mi
4/10
Delta View Elementary School
Public,•K-5•4.7mi
5/10
Pine Hollow Middle School
Public,•6-8•0.2mi
7/10
Diablo View Middle School
Public,•6-8•1.9mi
/10
Clayton Valley High School
Public,•9-12•0.8mi
Condition Rating
Excellent
This property has undergone a stunning, full renovation, as explicitly stated in the description and clearly evidenced by the images. The kitchen features a striking waterfall island, custom cabinetry, quartz countertops, and premium stainless steel appliances, all in a modern, sleek style. The bathroom is equally updated with a contemporary vanity, matte black fixtures, new tiling, and a glass shower partition. Wide-plank flooring is consistent throughout the main living areas, and designer lighting (recessed and pendants) is installed. Significant upgrades include a brand-new roof and new HVAC system. Despite being built in 1960, the extensive and recent renovation brings all components to a virtually new condition, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1182.
Extensive Modern Renovation: The property has undergone a stunning, full renovation with thoughtful design, modern upgrades, and timeless finishes, including designer lighting, wide-plank flooring, and tasteful color palettes, making it move-in ready.
Gourmet Kitchen: A true centerpiece of the home, the gourmet kitchen features a striking waterfall island, custom cabinetry, quartz countertops, and premium appliances, ideal for cooking and entertaining.
Major System Upgrades: Significant infrastructure improvements include a brand-new roof, new HVAC system, and enhanced insulation, providing peace of mind and reducing immediate maintenance concerns for future owners.
Prime Location & Neighborhood: Situated in the highly desirable Clayton Valley Highlands neighborhood on a quiet residential street, offering excellent proximity to top-rated schools, scenic parks, shopping, and dining.
Oversized & Versatile Backyard: The expansive, oversized 7,841 sqft lot provides a blank canvas for a lush garden, outdoor lounge, or future expansion possibilities, enhancing outdoor living potential.

Cons

Listing Price vs. Estimated Value: The current listing price of $887,000 is notably higher than the property's estimated value of approximately $809,240, which could present a challenge in valuation or buyer negotiations.
Modest Interior Square Footage: With 1,182 sqft of living space, the interior might be considered modest for a 3-bedroom, 2-bathroom home, potentially limiting appeal for buyers seeking more expansive living areas.
Original Construction Age: While extensively renovated, the property's original build year of 1960 means that some foundational or underlying structural elements are older, which could be a long-term consideration for maintenance or future upgrades.

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