
Berkeley, California 94705
Analysis of 78 Chancellor Place, Berkeley, California 94705 is currently available with a list price of $899,888. 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.
Property is move-in ready.
Built in 1993, this property is well-maintained and move-in ready. While the structure is 31 years old, the interior shows evidence of a recent cosmetic renovation including updated wide-plank flooring, stainless steel appliances, and a modern fireplace insert. The vaulted wood-beam ceilings and clean finishes suggest it has been updated within the 5-15 year window, though original 1990s systems and exterior elements keep it from the 'Excellent' tier.
Situated in one of Berkeley's most prestigious neighborhoods, this home offers an ideal balance of a peaceful residential setting with easy access to UC Berkeley, hiking trails, and top-rated schools.
The interior features high ceilings and an open-concept layout that maximizes natural light, creating an airy and contemporary feel that makes the living space feel larger than its stated square footage.
With a 5,016 sq ft lot, the property provides significant outdoor utility including a private backyard and patio, offering rare gardening and entertaining space for a home of this size.
At only 708 sq ft, the interior living space is quite limited for a two-bedroom residence, which may be a constraint for buyers requiring ample storage or larger room scales.
The 2-bedroom, 1-bathroom configuration can be a drawback for families or those who host guests, potentially impacting the home's competitive edge compared to larger nearby properties.
Welcome to this charming Berkeley retreat offering 2 bedrooms, 1 bathroom, and 708 sq ft of thoughtfully designed living space on a 5,016 sq ft lot. Nestled in the desirable Claremont Hills area, this home combines comfort, character, and convenience. Step inside to a bright living room filled with natural light, complemented by high ceilings that create an airy, open feel. The open-concept layout seamlessly connects the living, dining, and kitchen areas, making everyday living and entertaining effortless. The kitchen features stainless steel appliances and a functional workspace for home cooks. Both bedrooms offer comfortable proportions and flexibility for guests, a home office, or personal retreat. Outside, enjoy a welcoming front yard, a private backyard, and a patio ideal for outdoor dining, gardening, or relaxing in the fresh Berkeley air. Located near UC Berkeley, parks, hiking trails, shopping, dining, and major commuter routes, this home offers easy access to the best of the East Bay while providing a peaceful residential setting. A wonderful opportunity to own a home in one of Berkeley's most sought-after locations.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.2 |
| Baths | 1.0 | 2.2 |
| Square foot | 708 | 2,021.606 |
| Lot Size | 5,016 | 5,060.038 |
| Price | $899.9K | $1.75M |
| Price per sq ft | $1.3K | $1.0K |
| Built year | 1993 | 1926 |
| HOA | $0 | $549 |
| Days on market | 69 | 31 |
Jul 24, 2026
$899,888
$924,888
-3% Price Drop
Initial Listing
Jul 2, 2026
$924,888
Initial Listing
Dec 22, 2010
$450,000
Public Record