8440 8440 Terrace Dr, El Cerrito, California 94530, El Cerrito, 94530 - 3 bed, 3 bath
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El Cerrito, California 94530
This Renovated View-Centric Residence is a High-Potential Investment Opportunity, listed at $1,195,000—positioned well below the $1,253,774 Fair Market Value by 4%. This valuation gap provides $58,774 in Instant Equity. Boasting an Excellent Condition Rating, the home features a modern chef’s kitchen and panoramic Bay views from multiple expansive decks. The detached 2-car garage with bonus space offers significant ADU potential for rental income or a home studio. This property is an ideal acquisition for Owner-Occupants seeking a turnkey sanctuary or lifestyle-driven buyers looking for built-in upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8440 8440 Terrace Dr Subject | $1,195,000* List Price | 3 | 3 | 1,659 | $756 | - |
A 535 535 Ashbury Ave Sold | $1,240,000 | 3 | 2 | 1,710 | $725 | 1.0 mi |
B 1034 Navellier St Sold | $1,200,000 | 4 | 3 | 1,959 | $613 | 0.6 mi |
C 8170 Terrace Dr Sold | $1,550,000 | 3 | 3 | 2,156 | $719 | 0.2 mi |
D 820 Kensington Rd Sold | $1,320,000 | 3 | 2 | 1,855 | $712 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive high-end renovations, most notably in the kitchen which features modern white shaker cabinetry, premium stainless steel appliances (including a Bosch range), a farmhouse sink, and stone countertops with a marble-style backsplash. The home features updated hardwood flooring, vaulted wood-paneled ceilings, and contemporary light fixtures throughout. While the structure dates to 1927, the interior finishes, including the walls of glass and updated living spaces, meet current luxury standards with no visible deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8250, living area = 1659.
The property features stunning, unobstructed views of the Golden Gate Bridge, Bay Bridge, and San Francisco skyline, visible through expansive walls of glass and multiple outdoor decks.
A detached two-car garage includes additional space ideal for a home office, studio, or potential ADU, providing significant versatility and value-add potential for modern living.
Originally constructed in 1927, the property may require more intensive maintenance or infrastructure updates compared to newer builds to preserve its long-term integrity.
The elevated hillside location and long driveway, while providing views, may present accessibility challenges or limited street-level parking for guests.
Wake up to sweeping Bay views and end each day with a sky full of color and city lights. Perched high in the coveted El Cerrito Hills, this 3BD/2.5BA home offers a rare sense of peace, privacy, and perspective. Walls of glass fill the home with natural light, while the open layout flows seamlessly to two expansive decks—perfect for sunset dinners, morning coffee, or simply taking in the Golden Gate Bridge, Bay Bridge, and shimmering skyline. A private hot tub and pergola offers a front-row seat to the ever-changing sky. Inside, warm wood floors and refined finishes create a welcoming atmosphere, complemented by a modern kitchen designed for both daily living and easy entertaining. A long private driveway leads to a spacious front patio and yard—ideal for gatherings or quiet retreat. The detached 2-car garage with bonus space offers endless flexibility for a home office, studio, guest suite, or potential ADU. Surrounded by scenic trails yet close to BART and major routes, this home blends elevated living with everyday convenience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 64% |
| Square foot | 1,659 | 1,568.5 | 53% |
| Lot Size | 8,250 | 5,000 | 80% |
| Price | $1.20M | $1.17M | 53% |
| Price per sq ft | $720 | $765 | 44% |
| Built year | 1927 | 1947 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 173 | 8% |
Mar 4, 2026
$1,195,000
Initial Listing
Apr 2, 2021
$1,321,000
Public Record
Nov 8, 2005
$729,500
Public Record