7723 Claremont Ave, Berkeley, California 94705, Berkeley, 94705 - 5 bed, 4 bath
7723 Claremont Ave
Berkeley, California 94705
Property Price
SUMMARY
Analysis of 7723 Claremont Ave, Berkeley, California 94705 reveals a Fairly Priced Property with a current list price of $1,195,000 aligned with the estimated $1,195,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Berkeley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7723 Claremont Ave Subject | $1,195,000* List Price | 5 | 4 | 3,199 | $374 | - |
A 6940 Norfolk Rd Sold | $1,375,000 | 4 | 4 | 3,201 | $430 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2004, this luxury residence is in move-in ready condition and has been exceptionally well-maintained. It features high-end architectural details such as 20-foot ceilings, artisan-crafted floor inlays, and a gourmet kitchen with professional-grade stainless steel appliances. While the styling reflects its original construction era, the property shows minimal wear and tear, and all major systems appear functional and within their expected lifespan.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Au Pair Unit
The inclusion of a dedicated in-law suite with a separate entrance provides exceptional flexibility for multi-generational living, guest privacy, or potential rental income in a high-demand area.
- Architectural Grandeur
The residence boasts impressive 20-foot ceilings and custom artisan details, including extra-high doors and handcrafted inlays, creating a sophisticated and airy luxury aesthetic.
- Modern Luxury Construction
Built in 2004, this home offers contemporary structural integrity and high-end amenities like a wine cellar and spa-like primary suite, avoiding the maintenance challenges often found in older Berkeley estates.
CONSRISKS & DEFICIENCIES
- Pricing Volatility
The significant price reduction from an original $1.75M to $1.195M may signal to savvy buyers a struggle to find market equilibrium, potentially impacting perceived value.
- Limited Outdoor Utility
With a substantial 3,199 sqft interior on a 7,015 sqft hillside lot, the property likely lacks expansive flat yard space, which may be a drawback for families seeking traditional outdoor play areas.
About 7723 Claremont Ave
Exquisite custom-built luxury residence with Au Pair Unit.Step into sophistication with open-concept style living, designed for those who appreciate the finest details. Experience the grandeur of 20-foot ceilings that create an airy and inviting lifestyle. This residence offers 5 spacious bedrooms and 3.5 baths, perfectly blending comfort with elegance. A culinary enthusiast's dream with state-of-the-art appliances and sleek finishes. Enjoy the convenience of walk-in closets, and a bottle wine cellar. Admire the meticulous attention to detail with custom-built extra-high doors and artisan-crafted inlays. Indulge in impressive primary bathrooms designed to offer a spa-like retreat. Primary suite has a private patio, perfect for relaxation. An in-law unit ideal for guests or extended family, providing privacy and comfort with a separate entrance. A place to call home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 7,015 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Berkeley Unified Schools
John Muir Elementary School
Grades K-5 • 0.8 mi
Kaiser Elementary School
Grades K-5 • 0.8 mi
Emerson Elementary School
Grades K-5 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 72% |
| Baths | 4.0 | 3.0 | 59% |
| Square foot | 3,199 | 2,605 | 66% |
| Lot Size | 7,015 | 6,324 | 62% |
| Price | $1.20M | $2.15M | 10% |
| Price per sq ft | $374 | $902 | 3% |
| Built year | 2004 | 1922 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 242 | 164 | 93% |
Pricing History
Listed for Sale
Feb 5, 2026
$1,195,000
$1,395,000
-14% Price Drop
Initial Listing
Price Change
Oct 9, 2025
$1,395,000
$1,500,000
-7% Price Drop
Initial Listing
Price Change
Sep 8, 2025
$1,500,000
Initial Listing
Price Change
Jul 8, 2025
$1,750,000
Initial Listing