
Livermore, California 94551
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $1,039,000—positioned well below the $1,092,477 Fair Market Value by 4%. This valuation gap offers $53,477 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, the home includes Owned Tesla Solar, a Lennox HVAC system, and a finished detached shed. Located near Granada High School, this residence is an ideal choice for Owner-Occupants or first-time buyers seeking a high-efficiency, turnkey lifestyle in Livermore.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 583 Covington Way Subject | $1,039,000* List Price | 3 | 2 | 1,366 | $800 | - |
A 844 Sunset Dr Sold | $1,173,000 | 3 | 2 | 1,314 | $893 | 0.3 mi |
B 852 Seminole Dr Sold | $1,100,000 | 3 | 2 | 1,282 | $858 | 0.4 mi |
C 855 855 Hanover Street Sold | $987,000 | 3 | 2 | 1,130 | $873 | 0.1 mi |
D 512 512 Covington Way Sold | $1,125,000 | 3 | 2 | 1,427 | $788 | 0.1 mi |
E 668 Buckeye Drive Sold | $1,042,000 | 3 | 2 | 1,350 | $772 | 0.6 mi |
F 1228 Shelburne Rd Sold | $1,189,000 | 3 | 2 | 1,618 | $735 | 0.2 mi |
G 628 628 Nightingale St Sold | $928,000 | 4 | 2 | 1,125 | $825 | 0.6 mi |
H 1463 Wilton Rd Pending | $998,000 List Price | 3 | 2 | 1,414 | $706 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1969, the property has undergone a comprehensive high-end renovation within the last 5 years. It features a modern kitchen with stone countertops, updated bathrooms with contemporary vanities, and premium system upgrades including owned Tesla solar and a high-efficiency Lennox HVAC system, meeting the criteria for mint condition.
The property features owned Tesla solar panels and a high-end Lennox HVAC system, providing significant long-term utility savings and modern comfort.
A fully finished 120-square-foot detached shed with climate control offers valuable flexible space for a home office, studio, or gym, effectively extending the living area.
The exterior is designed for ease of care with artificial turf, extensive hardscaping, and a programmable rock waterfall, offering high aesthetic value without the heavy upkeep.
At 1,366 square feet, the home's interior is relatively modest for a three-bedroom residence, which may feel restrictive for buyers seeking expansive common areas.
The assigned elementary and middle schools have ratings ranging from 4 to 6, which may be a consideration for families prioritizing top-tier academic performance metrics.
Welcome to 583 Covington Way, a beautifully updated single-story home in the desirable Somerset Livermore neighborhood. This 3-bedroom, 2-bathroom residence offers 1,366 square feet of living space on a 5,955 square foot lot. Highly efficient home!! Thoughtfully upgraded, the home features OWNED Tesla Solar with additional panels, a Lennox HVAC system, and hard-wired Lorex security cameras. Fresh interior paint, hardwood flooring throughout, and large windows create a bright and inviting atmosphere. The spacious living room features a cozy fireplace, while the adjacent dining area provides space for both everyday living to relax and have fun while entertaining. Enjoy low-maintenance outdoor living with front artificial turf, fire-resistant backyard mulch, and extensive hardscape including the patio, porch, and driveway. Gorgeous curb appeal!! The backyard retreat showcases a stunning serene rock waterfall with programmable timer, plus an 8' x 15' Shed Shop storage fully finished for office/home-school or hang-out. AC/HEAT included. Conveniently located near parks, schools, shopping, and commuter routes, this move-in ready home combines comfort, efficiency, and easy Livermore living.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
Grades K-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,366 | 1,733.5 |
| Lot Size | 5,955 | 7,269.5 |
| Price | $1.04M | $1.29M |
| Price per sq ft | $761 | $708 |
| Built year | 1969 | 1970 |
| HOA | $0 | $180 |
| Days on market | 28 | 35 |
Jun 24, 2026
$1,039,000
Initial Listing
Mar 5, 1999
$227,500
Public Record