
Berkeley, California 94704
This Historic Hillside Residence is a High-Potential Investment Opportunity, listed at $1,595,000—positioned well below the $1,877,221 Fair Market Value by 15%. This valuation gap offers $282,221 in Instant Equity. Featuring panoramic bay views, a detached craft studio, and a Condition Rating of 3, the home blends historic character with modern updates. Located near top-rated schools like Berkeley High, it is an ideal acquisition for Owner-Occupants seeking a lifestyle sanctuary or Buy-and-Hold Investors targeting long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8 Mosswood Rd Subject | $1,595,000* List Price | 4 | 3 | 2,059 | $912 | - |
A 2401 Carleton Street Sold | $1,585,000 | 3 | 3 | 1,584 | $1,001 | 0.8 mi |
B 3560 Dwight Way Pending | $1,395,000 List Price | 3 | 3 | 1,939 | $719 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1925, the property has undergone significant modern renewals and is well-maintained. Interior images reveal a high-end renovated bathroom with marble vanities and contemporary tile work, recessed lighting, and refinished hardwood floors. The home appears move-in ready with functional updates that complement its historic character.
The property offers breathtaking, unobstructed panoramas of the Golden Gate Bridge, San Francisco skyline, and the expansive Bay, providing significant long-term value and aesthetic appeal.
Situated on lower Panoramic Hill, this home provides a rare combination of immediate access to nature trails and Strawberry Canyon while remaining within walking distance of UC Berkeley and the Elmwood district.
Built in 1925 and surrounded by works of legendary architects, this residence features timeless character, a detached cedar-sided craft studio, and a professionally landscaped redwood-canopied garden.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2059, other record living area = 1966.
The property has a BESO score of 2, indicating poor energy performance which may necessitate immediate investments in insulation, heating, or window upgrades to improve comfort and reduce utility costs.
As a century-old hillside home, the property may require ongoing maintenance or significant capital expenditures for seismic retrofitting and foundation stabilization typical of 1920s Berkeley Hills construction.
Perched above the UC Berkeley campus, Auspicious #8 offers breathtaking panoramas of the Golden Gate Bridge, San Francisco, and the expansive bay. Nestled on lower Panoramic Hill, this home provides seamless access to hiking trails, Strawberry Canyon, UC Berkeley campus and the vibrant Elmwood and Downtown Berkeley districts. Originally constructed in the 1920s and thoughtfully updated throughout the years, the residence stands as a tribute to historic preservation and modern renewal. It is situated within a prestigious historic neighborhood, surrounded by the architectural masterpieces of Julia Morgan, Maybeck, William Wurster and Walter Steilberg.The multi-level interior features four bedrooms and two and a half baths, meticulously designed for both functionality and flexibility. Outside, a beautifully landscaped rear garden serves as a tranquil sanctuary, perfect for escaping the urban energy of downtown. Under a canopy of mature redwoods, you will find fragrant ferns, flowering perennials, a spacious patio, and a detached cedar-sided craft studio. This is a property to truly cherish. Experience the serenity of being above it all while remaining within walking distance of the world-renowned university and everything Berkeley has to offer. BESO SCORE 2
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,059 | 1,602 | 55% |
| Lot Size | 5,311 | 5,311 | 50% |
| Price | $1.59M | $1.40M | 73% |
| Price per sq ft | $775 | $919 | 45% |
| Built year | 1925 | 1920 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 129 | 9% |
May 27, 2026
$1,595,000
Initial Listing
Aug 20, 2012
$1,002,727
Public Record
Mar 19, 1999
$515,000
Public Record