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863 Lookout Street, Richmond, California 94804, Richmond, 94804 - 3 bed, 3 bath

863 Lookout Street, Richmond, California 94804 home-pic-0
ACTIVE$840,000
863 Lookout Street, Richmond, California 94804
3Beds
3Baths
1,851Sqft
1,851Lot

Price Vs. Estimate

The estimated value ($770,816.355) is $69,183.645 (8%) lower than the list price ($840,000). This property may be overpriced.

Key pros and cons

Top Pros:
Modern Construction & Premium Upgrades: Built in 2019 with over $20k in builder upgrades, triple-pane windows, and a higher quality build from William Lyon, ensuring modern standards and energy efficiency.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1851, living area = 1851.

Compared to the nearby listings

Price:$840.0K vs avg $600.0K (+$240,000)84%
Size:1,851 sqft vs avg 1,123 sqft92%
Price/sqft:$454 vs avg $52425%

More Insights

Built in 2019 (6 years old).
Condition: Built in 2019, this property is virtually new and features over $20k in builder upgrades, including triple-pane windows and a high-quality build. The kitchen boasts modern dark cabinetry, white quartz countertops, subway tile backsplash, stainless steel appliances, and a large island. Bathrooms are equally modern with floating vanities, dual sinks, contemporary fixtures, and porcelain tiles. Wood flooring is present throughout, and all light fixtures are current. The property shows no signs of wear or deferred maintenance, meeting current quality standards.
Year Built
2019
Close
-
List price
$840K
Original List price
$875K
Price/Sqft
$454
HOA
$177
Days on market
-
Sold On
-
MLS number
41109140
Home ConditionExcellent
Features
Deck
View-

About this home

2019 built detached SFH, with over $20k in builder upgrades! This end unit home is in the only block of 4 houses with extra privacy + space. This block was part of the original builder, William Lyon's, release and features the additional benefit of triple-pane windows and higher quality build. The floor plan is the largest NOMA floor plan and includes a 1st floor flex space. The 2nd (main) level great room has a custom solid walnut banquette, kitchen with large island, gas range, + walk-in pantry, powder room, and balcony. An abundance of windows facing open spaces floods the main floor with natural light. The 3rd floor includes the primary bedroom with ensuite bath, dual vanity, separate toilet room and dual closets, 2 more bedrooms, a full bathroom, and laundry. Enjoy full sun on the private rooftop deck (which many in NOMA do not have) perfect for a rooftop garden, outdoor gym or entertaining. Upgrades include powder room refresh, soaking tub + porcelain tiles in the 2nd bath, wood floors stairs and 3rd floor, custom Hunter Douglas window treatments throughout. 2 car side by side garage with interior access. The low HOA fee includes the community’s "Hub," with kitchen, bathroom and conference spaces. Approx 1 mile to the ferry terminal on flat ground, 1/2 mile from the marina!

Condition Rating
Excellent
Built in 2019, this property is virtually new and features over $20k in builder upgrades, including triple-pane windows and a high-quality build. The kitchen boasts modern dark cabinetry, white quartz countertops, subway tile backsplash, stainless steel appliances, and a large island. Bathrooms are equally modern with floating vanities, dual sinks, contemporary fixtures, and porcelain tiles. Wood flooring is present throughout, and all light fixtures are current. The property shows no signs of wear or deferred maintenance, meeting current quality standards.
Pros & Cons

Pros

Modern Construction & Premium Upgrades: Built in 2019 with over $20k in builder upgrades, triple-pane windows, and a higher quality build from William Lyon, ensuring modern standards and energy efficiency.
Exclusive Rooftop Deck: Features a private rooftop deck, a rare and desirable amenity in the NOMA community, perfect for entertaining, gardening, or an outdoor gym.
Thoughtful Interior Design & Features: Boasts the largest NOMA floor plan with a 1st-floor flex space, custom solid walnut banquette, large kitchen island, walk-in pantry, and extensive upgrades like wood floors and Hunter Douglas window treatments.
Enhanced Privacy & Natural Light: Positioned as an end unit in a small block of four, offering superior privacy and an abundance of windows that flood the main floor with natural light.
Commuter-Friendly Location & Community Amenities: Conveniently located approximately 1 mile from the ferry terminal and 0.5 miles from the marina, complemented by a low HOA fee that includes access to a community 'Hub' with various facilities.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1851, living area = 1851.
Overpriced Relative to Market Estimation: The current listing price of $840,000 is notably above the estimated property value of $792,082, potentially indicating an overvaluation in the current market.
Recent Price Reduction: A recent price drop from $875,000 to $840,000 could suggest initial overpricing or a struggle to attract buyers at the higher price point.
Limited Traditional Outdoor Space: Despite the rooftop deck, the property's lot size (1851 sqft, matching interior sqft) implies minimal to no traditional ground-level yard, which may not suit buyers desiring more expansive outdoor living areas.

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