716 Gelston Pl, El Cerrito, California 94530, El Cerrito, 94530 - 4 bed, 4 bath

716 Gelston Pl, El Cerrito, California 94530 home-pic-0
ACTIVE$2,249,000
716 Gelston Pl, El Cerrito, California 94530
4Beds
4Baths
4,064Sqft
4,950Lot

Price Vs. Estimate

The estimated value ($2,249,000) is $0 (0%) lower than the list price ($2,249,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Panoramic Views: The property boasts 'views, views & more views' of the SF Bay and beyond from nearly every room, including a dedicated recreation/family room and the primary bedroom, significantly enhancing its desirability and value.
Top Cons:
Age of Construction: Built in 1965, the property, despite updates, may have original systems (plumbing, electrical, roof) that could require significant maintenance or replacement in the near future, potentially incurring additional costs for a buyer.

Compared to the nearby listings

Price:$2.25M vs avg $1.30M (+$944,000)94%
Size:4,064 sqft vs avg 1,745 sqft96%
Price/sqft:$553 vs avg $77115%

More Insights

Built in 1965 (60 years old).
Condition: Built in 1965, this property has been exceptionally well-maintained by its original owner and features significant updates in key areas. The main kitchen has been recently updated with modern shaker-style cabinets, white solid-surface countertops, stainless steel appliances, and hardwood flooring, presenting a contemporary and functional space. The primary bathroom's shower has also been recently renovated with modern tiling and fixtures. Additionally, the property boasts modern utility upgrades like an electric car charger and a backup generator. While some areas, such as the living room and bedrooms, feature dated carpets and ornate light fixtures, and some bathroom vanities show older styles, these are largely cosmetic and do not detract from the property being move-in ready. The substantial updates to the kitchen and primary shower, combined with overall good maintenance and system enhancements, place it firmly in the 'Good' category, indicating it's move-in ready with no immediate major renovations required, despite some components showing their age.
Year Built
1965
Close
-
List price
$2.25M
Original List price
$2.45M
Price/Sqft
$553
HOA
-
Days on market
-
Sold On
-
MLS number
41104058
Home ConditionGood
Features
Excellent View: Bay, Bridge(s), City Lights, Panoramic
ViewBay,Bridge(s),City Lights,Panoramic

About this home

Views, views & more views. 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. Open House 2-4pm Sunday 10/12.

Condition Rating
Good

Built in 1965, this property has been exceptionally well-maintained by its original owner and features significant updates in key areas. The main kitchen has been recently updated with modern shaker-style cabinets, white solid-surface countertops, stainless steel appliances, and hardwood flooring, presenting a contemporary and functional space. The primary bathroom's shower has also been recently renovated with modern tiling and fixtures. Additionally, the property boasts modern utility upgrades like an electric car charger and a backup generator. While some areas, such as the living room and bedrooms, feature dated carpets and ornate light fixtures, and some bathroom vanities show older styles, these are largely cosmetic and do not detract from the property being move-in ready. The substantial updates to the kitchen and primary shower, combined with overall good maintenance and system enhancements, place it firmly in the 'Good' category, indicating it's move-in ready with no immediate major renovations required, despite some components showing their age.
Pros & Cons

Pros

Exceptional Panoramic Views: The property boasts 'views, views & more views' of the SF Bay and beyond from nearly every room, including a dedicated recreation/family room and the primary bedroom, significantly enhancing its desirability and value.
Well-Maintained & Updated Kitchen: The home has been 'maintained and updated extremely well' by the original owner, featuring a recently updated main kitchen with a large island, offering modern functionality.
Flexible Living Spaces & Income Potential: Includes a large 3rd-floor recreation/family room with an enclosed sitting area, and a potential in-law suite on the lower floor with a full kitchen and half-bath, providing versatility for multi-generational living or rental income.
Advanced Home Amenities & Backup Systems: Equipped with practical modern features such as an electric car charger, a 5000-volt backup generator, a walk-in Safe-Step jetted tub, and a sauna in the primary suite.
Prime Location with Accessibility: Situated in El Cerrito Hills, offering a 'short drive from the city' and convenient access to local shops, dining, and transportation, blending suburban tranquility with urban proximity.

Cons

Age of Construction: Built in 1965, the property, despite updates, may have original systems (plumbing, electrical, roof) that could require significant maintenance or replacement in the near future, potentially incurring additional costs for a buyer.
Lack of Central Air Conditioning: The description does not mention a cooling system, which could be a significant drawback during warmer months, especially with extensive windows designed to capture views, potentially leading to higher indoor temperatures.
Recent Significant Price Reduction: The property has undergone a substantial price reduction from $2.449M to $2.249M, which might suggest initial overpricing or a challenge in attracting buyers at its previous valuation, potentially indicating market resistance.

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