817 Cheyenne Dr, Walnut Creek, California 94598, Walnut Creek, 94598 - 5 bed, 3 bath

817 Cheyenne Dr, Walnut Creek, California 94598 home-pic-0
ACTIVE$1,649,000
817 Cheyenne Dr, Walnut Creek, California 94598
5Beds
3Baths
2,557Sqft
11,520Lot

Price Vs. Estimate

The estimated value ($1,629,633.535) is $19,366.465 (1%) lower than the list price ($1,649,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11520, living area = 2557.
Top Cons:
Significant Price Reductions & Overpricing: The property has undergone two price reductions from its original list price of $1.749M to $1.649M, and the current listing price is 14% above the estimated value, suggesting potential overpricing or market resistance.

Compared to the nearby listings

Price:$1.65M vs avg $1.52M (+$124,000)70%
Size:2,557 sqft vs avg 2,161 sqft84%
Price/sqft:$645 vs avg $72026%

More Insights

Built in 1971 (54 years old).
Condition: Built in 1971, this property has received recent cosmetic updates including new flooring and fresh paint, making it move-in ready. However, the kitchen features an older style with dated cabinets, countertops, and light fixtures, indicating an older renovation rather than a recent modern update. Bathroom conditions are not visible but are likely in need of updates. The age of major systems (HVAC, plumbing, electrical) is unspecified, suggesting they may be original or from an older renovation and could require future attention. While well-maintained, the property requires minor updates to key areas to meet current aesthetic and functional standards.
Year Built
1971
Close
-
List price
$1.65M
Original List price
$1.75M
Price/Sqft
$645
HOA
-
Days on market
-
Sold On
-
MLS number
41112988
Home ConditionFair
Features
Good View: Mountain(s)
Pool
Patio
ViewMountain(s)

About this home

Spectacular single-story executive home in the desirable Northgate neighborhood! Situated on a generous 0.27-acre lot, this 5-bedroom, 2.5-bath residence is just steps from Northgate High, Walnut Acres Elementary, and Foothill Middle School. The home has been refreshed with brand-new flooring, fresh interior and exterior paint, an expanded newly painted patio, and updated fencing in select areas. Designed with entertaining in mind, the spacious yard offers numerous mature fruit trees and ample space to create your own vegetable garden. Ideally located near Orchard Shopping Center, Whole Foods, BART, and major freeways, this home also provides easy access to the Ygnacio Canal Trail and is just minutes from the local fire station. A rare opportunity to own a beautifully updated, one-level home in one of Walnut Creek’s most sought-after communities!

Condition Rating
Fair

Built in 1971, this property has received recent cosmetic updates including new flooring and fresh paint, making it move-in ready. However, the kitchen features an older style with dated cabinets, countertops, and light fixtures, indicating an older renovation rather than a recent modern update. Bathroom conditions are not visible but are likely in need of updates. The age of major systems (HVAC, plumbing, electrical) is unspecified, suggesting they may be original or from an older renovation and could require future attention. While well-maintained, the property requires minor updates to key areas to meet current aesthetic and functional standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11520, living area = 2557.
Exceptional School District & Location: Situated in the highly desirable Northgate neighborhood, the property is within steps of Northgate High, Walnut Acres Elementary, and Foothill Middle School, making it ideal for families.
Recent Cosmetic Updates: The home has been refreshed with brand-new flooring, fresh interior and exterior paint, an expanded newly painted patio, and updated fencing, offering a move-in ready experience.
Spacious Single-Story Layout: As a 'spectacular single-story executive home' with 5 bedrooms, it offers a highly sought-after and accessible floor plan, suitable for various demographics.
Generous & Entertainment-Ready Lot: The generous 0.27-acre lot features a spacious yard with mature fruit trees and ample space for gardening, designed with entertaining in mind, enhancing outdoor living.
Convenient Access to Amenities & Commute: Ideally located near Orchard Shopping Center, Whole Foods, BART, major freeways, and the Ygnacio Canal Trail, providing excellent convenience for daily needs and recreation.

Cons

Significant Price Reductions & Overpricing: The property has undergone two price reductions from its original list price of $1.749M to $1.649M, and the current listing price is 14% above the estimated value, suggesting potential overpricing or market resistance.
Age of Core Systems Unspecified: Built in 1971, while cosmetic updates are noted, there is no explicit mention of upgrades to major systems such as HVAC, plumbing, or electrical, which could lead to future maintenance or replacement costs.
Lack of Mention of Cooling System: The description does not specify the presence of a cooling system (e.g., air conditioning), which could be a significant drawback for a 1971-built home in Walnut Creek's climate during warmer months.

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