716 Gelston Pl, El Cerrito, California 94530, El Cerrito, 94530 - 4 bed, 4 bath
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716 Gelston Pl
El Cerrito, California 94530
ACTIVE
CONDITION: GOOD
4Beds
4Baths
4,064Sq Ft
4,950Lot Size
Property Price
LIST PRICE$2,249,000
EST. MARKET VALUE
$2,624,982
14% BelowMARKET VALUE
SUMMARY
This Spacious Multi-Level Residence represents a Strong Value Opportunity, listed at $2,249,000—positioned well below the $2,530,055 Fair Market Value by 11%. This valuation gap offers $281,055 in Instant Equity. With a Condition Rating of 3, the home features a modern chef's kitchen, panoramic bay views, and a versatile lower-level in-law suite. Its unique infrastructure, including a backup generator and EV charger, ensures long-term functionality. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end, move-in ready sanctuary.
Estimated Market Value
$2,624,982+$375,982 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in El Cerrito.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 716 Gelston Pl Subject | $2,249,000* List Price | 4 | 4 | 4,064 | $646 | - |
A 8640 Terrace Sold | $1,805,000 | 5 | 5 | 2,533 | $713 | 0.2 mi |
B 857 Balra Dr Active | $2,000,000 List Price | 4 | 4 | 2,823 | $708 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1965, the home has been meticulously maintained and updated by the original owner. The kitchen features a modern island and updated cabinetry, and the bathrooms include recent renovations such as a walk-in jetted tub and contemporary tile work. Systems are well-above average for the age, featuring a modern HVAC unit, an electric car charger, and a backup generator, making the home fully functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic Bay Views
The property offers exceptional, unobstructed views of the San Francisco Bay, Golden Gate Bridge, and city lights from nearly every room, including a dedicated third-floor recreation room and enclosed sitting area.
- Multi-Generational Living Potential
With over 4,000 square feet of living space, the home features a lower-level area with a full kitchen and half-bath, providing an ideal setup for an in-law suite or guest quarters.
- Modern Infrastructure Upgrades
Meticulously maintained by the original owner, the home is equipped with high-value functional upgrades including an electric vehicle charger, a 5000-volt backup generator, and an updated chef's kitchen with a large island.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4950, living area = 4064.
- Limited Yard Space
The substantial 4,064 square foot interior footprint occupies most of the 4,950 square foot lot, resulting in minimal usable outdoor or garden space for recreation.
- Vertical Layout
Spanning three distinct levels, the home's vertical configuration requires significant stair usage, which may be a concern for buyers seeking long-term accessibility or single-level living.
About 716 Gelston Pl
Spectacular panoramic views of SF Bay and beyond from almost every room. 3rd floor is a large recreation/family room with views to die for, with fully enclosed sitting room attached for enjoying the view. Original owner has maintained and updated the home extremely well. Stunning views from living room, each bedroom and the large rec room on the top floor. There is a potential in-law suite on lower floor with a full kitchen and half-bath downstairs. Main (2nd floor) kitchen has been updated and features a large island. 2nd floor also features a large formal dining room as well as a breakfast nook. 2nd floor hall bath is equiped with a walk-in Safe-Step jetted tub. Primary bedroom/bathroom is also on the 2nd floor and features a large walk through closet, sauna and, of course, a panoramic view. This property is also equiped with an electric car charger and a 5000 volt generator for backup power. All this just a short drive from the city and also close to shops, dining, transportation and more. Most of the custom made furniture on the property can be included in the sale, if desired.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 4,950 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 4,064 | 1,580.973 |
| Lot Size | 4,950 | 5,412.622 |
| Price | $2.25M | $1.22M |
| Price per sq ft | $553 | $786 |
| Built year | 1965 | 1950 |
| HOA | $0 | $0 |
| Days on market | 63 | 33 |
Pricing History
Listed for Sale
Jul 8, 2026
$2,249,000
Initial Listing