
Walnut Creek, California 94598
This Spacious Northgate Estate is a High-Potential Investment Opportunity, listed at $1,795,000—positioned above the $1,650,770 Fair Market Value. While priced for the premium Northgate location, the property features a Condition Rating of 4, offering a blank canvas for modernization. The rare 0.42-acre flat lot provides significant upside for expansion or ADU development. Situated near Top-Rated Schools like Northgate High (9/10), this property is an ideal acquisition for Value-Add Investors or Owner-Occupants looking to customize a legacy home in a premier community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 801 Cheyenne Dr Subject | $1,695,000* List Price | 4 | 3 | 2,296 | $715 | - |
A 2030 Clearview Ct Sold | $1,515,000 | 4 | 3 | 2,822 | $537 | 0.8 mi |
B 817 Cheyenne Dr Sold | $1,575,000 | 5 | 3 | 2,557 | $616 | 0.0 mi |
C 918 Cortina Ct Sold | $2,165,000 | 4 | 3 | 2,737 | $791 | 0.8 mi |
D 2883 2883 Bowling Green Dr Sold | $1,355,000 | 4 | 2 | 2,120 | $639 | 0.6 mi |
E 901 901 Cheyenne Dr Sold | $1,825,000 | 5 | 3 | 2,854 | $639 | 0.1 mi |
F 2683 Sundance Ct Sold | $1,855,000 | 5 | 3 | 2,979 | $623 | 0.3 mi |
G 602 Creekmore Ct Active | $1,595,000 List Price | 4 | 3 | 2,195 | $727 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971 and held by the original owner, the property is meticulously maintained and move-in ready, but the description confirms finishes reflect its era. At over 50 years old without a major modern renovation, the kitchen and baths are dated and require updates to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18253, living area = 2296.
High School: Northgate High School (9/10).
The property sits on an exceptionally rare 0.42-acre flat lot, providing significant usable space for outdoor entertaining, gardening, or the potential addition of an ADU.
Held by the original owners since 1971, the interior finishes reflect the home's era and will likely require a comprehensive cosmetic renovation to meet modern standards.
While meticulously maintained, the property lacks contemporary upgrades, necessitating a significant additional capital investment for buyers looking for a move-in-ready modern aesthetic.
First time on the market since 1971! Nestled in Walnut Creek’s sought-after Northgate neighborhood, this lovingly maintained 4-bedroom, 2.5-bath home offers 2,296 square feet of comfortable living space on an exceptionally rare flat .42-acre lot. A picturesque tree-lined entrance and circular driveway create a striking estate-style arrival rarely found in the neighborhood. Inside, the home features a fantastic floor plan with spacious living areas and timeless character throughout. While the finishes reflect its era, the property has been meticulously cared for by its original owners and offers an incredible opportunity to move right in, renovate over time, or create your dream home. The expansive usable grounds are truly special, offering endless possibilities for entertaining, play, gardening, expansion, or potential ADU opportunities. Properties with this combination of lot size, usability and privacy seldom become available in Northgate. Beyond the property itself, Northgate is beloved for its wide flat streets and strong sense of community. Residents enjoy easy access to parks, trails, shopping, dining, and some of Walnut Creek’s most highly regarded schools, making the neighborhood especially popular for those seeking both convenience and an exceptional lifestyle. 801 Cheyenne offers easy access to the Ygnacio Canal Trail, perfect for biking, jogging, dog walking, and connecting to nearby parks and amenities. Don't miss this rare opportunity to own a legacy property in an incredible setting in one of Walnut Creek’s most desirable neighborhoods.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,296 | 2,302.5 | 50% |
| Lot Size | 18,253 | 10,800 | 89% |
| Price | $1.70M | $1.59M | 60% |
| Price per sq ft | $738 | $729 | 53% |
| Built year | 1971 | 1968 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 88 | 4% |
Jun 7, 2026
$1,695,000
$1,795,000
-6% Price Drop
Initial Listing
May 8, 2026
$1,795,000
Initial Listing