
Albany, California 94706
This Spacious Hillside Residence is a High-Potential Investment Opportunity, listed at $1,495,000—positioned well below the $1,973,146 Fair Market Value by 24%. This significant valuation gap offers $478,146 in Instant Equity. Featuring a Good Condition Rating with 2015 renovations, the home offers a versatile layout with a separate downstairs suite, stunning Berkeley Hills views, and proximity to Top-Rated Schools (Albany Middle/High). This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey property with substantial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 855 Washington Subject | $1,495,000* List Price | 4 | 3 | 2,248 | $878 | - |
A 810 Pierce St Sold | $1,180,000 | 4 | 2 | 1,847 | $639 | 0.2 mi |
B 1136 Marin Ave Sold | $1,653,000 | 3 | 2 | 1,961 | $843 | 0.5 mi |
C 731 Gateview Ave Sold | $1,850,000 | 4 | 3 | 2,548 | $726 | 0.1 mi |
D 922 Carmel Ave Sold | $1,765,000 | 3 | 3 | 2,103 | $839 | 0.8 mi |
E 1059 Talbot Ave Sold | $1,500,000 | 3 | 3 | 1,981 | $757 | 0.7 mi |
F 720 Key Route Sold | $1,050,000 | 3 | 2 | 1,679 | $625 | 0.6 mi |
G 645 Madison St. Pending | $1,295,000 List Price | 3 | 2 | 1,946 | $665 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Extensively renovated in 2015 (11 years prior to listing date), the home features newer systems, modern kitchen finishes, and updated bathrooms. It is well-maintained and move-in ready, fitting the 5-15 year renovation window for a Good rating.
Middle School: Albany Middle School (9/10). High School: Albany High School (9/10).
The home features a versatile downstairs suite with a separate entrance, living area, and en suite bath, making it ideal for multi-generational living, a home office, or guest quarters.
Extensively renovated in 2015 with updated systems and contemporary finishes, this property offers a turnkey experience in a highly competitive market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2248, other record living area = 2152.
The hillside setting results in a multi-level terraced yard, which may present accessibility challenges or higher landscaping maintenance compared to a flat lot.
The current list price of $1.495M is significantly lower than the 2020 sale price of $1.625M, suggesting a notable adjustment in valuation or local market positioning.
Large, stylish, and flexible, this rare Albany Hill home surpasses expectations of what’s available in one of the East Bay’s most beloved communities. Set on the sunny, sheltered side of the hill, and extensively renovated in 2015, this home has newer systems, and modern finishes, making it easy to move in without skipping a beat. Here’s what’s happening inside… Upstairs, the open living room, dining room and kitchen take full advantage of the hillside outlook, with stunning wall-to-wall views of the Berkeley Hills; you can’t miss the famous campanile! Down the hall are three bedrooms and two full baths, including a primary suite with vaulted ceilings, private bath, double closets, and a peaceful patio. Downstairs is where things get especially interesting: a second living area with French doors to the large front deck, plus a separate bedroom with an en suite bath and laundry room. Guests, older kids, grandparents, home office, movie nights, general household sprawl…there’s room for everyone and everything. Outside, the professionally landscaped yard unfolds across multiple terraces, decks, flat areas to relax, BBQ, and play, with a pergola at the top of the hill overlooking it all. Night out? It’s an easy downhill stroll to Solano Avenue, known for its robust and worldly dining scene. No house can have it all…but this one comes pretty close!
No exterior & parking available.
Grades 6-8 • 0.7 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.6 |
| Baths | 3.0 | 1.9 |
| Square foot | 2,248 | 1,399.45 |
| Lot Size | 6,000 | 3,822.2 |
| Price | $1.50M | $1.47M |
| Price per sq ft | $665 | $973 |
| Built year | 1946 | 1933 |
| HOA | $0 | $0 |
| Days on market | 8 | 39 |
Sep 1, 2026
$1,495,000
Initial Listing
Nov 23, 2020
$1,625,000
Public Record
Dec 16, 2015
$1,445,000
Public Record
Nov 17, 2014
$720,000
Public Record
Sep 26, 2014
$655,000
Public Record