
Orinda, California 94563
This property represents a High-Potential Investment Opportunity with a List Price of $1,395,000—positioned well below the $1,576,528 Fair Market Value by 11%. This valuation gap offers $181,528 in Instant Equity for buyers ready to capitalize on its "tremendous upside." While featuring an updated kitchen and a Condition Rating of 4, the 2,246 sq. ft. home requires cosmetic modernization to match surrounding $2M+ estates. Set on a 1/3 acre usable lot with wooded greenbelt views within the Orinda High School District, this is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking a value-add asset.
Property is moderate renovation needed.
Built in 1975, the property features an updated kitchen and a desirable open floor plan, but the listing's emphasis on 'tremendous upside,' 'personal touch,' and appeal to 'astute investors' indicates that the rest of the home—specifically bathrooms, flooring, and fixtures—likely remains in a dated condition. While the home appears well-maintained and functional, it requires cosmetic modernization and potentially system updates to align with the $2M+ neighborhood standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13200, living area = 2246.
Situated in the prestigious Oak Springs neighborhood surrounded by $2M+ estates, this property offers significant valuation upside and immediate equity potential for a buyer looking to modernize.
The 1/3 acre usable lot is a rare find in Orinda's topography, providing a private, tranquil oasis with ample space for outdoor living, recreation, or potential expansion.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2246, other record living area = 1632.
While the kitchen is updated, the property is marketed as an 'opportunity' for personal touches, suggesting that other areas of the 1975-built home require further capital investment to reach its full potential.
The 'priced to sell' status and appeal to 'astute investors' indicate the home may not be in turnkey condition, potentially requiring immediate attention to deferred maintenance or older systems.
Your own PRIVATE oasis surrounded by tranquility in the DESIRABLE Oak Springs neighborhood of Orinda. UPDATED kitchen with a LARGE open floorplan + a 1/3 acre USABLE lot, allows a new Buyer tremendous upside to put on their PERSONAL touch. Flexible layout as there is a SEPARATE ENTRY to the lower level to use as an ADU if desired for extra income. OPPORTUNITY knocks for either an end user or an astute investor - home priced to sell as Owner moving out of the area. Surrounded by homes $2 million+, walking distance to Orinda Springs pool, and only 1 mile from downtown, BART, & HWY 24. Located on a private street with only 5 homes.
No exterior & parking available.
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 | 2,246 | 2,541 | 42% |
| Lot Size | 13,200 | 19,050 | 21% |
| Price | $1.40M | $1.90M | 26% |
| Price per sq ft | $621 | $784 | 19% |
| Built year | 1975 | 1956 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 173 | 12% |
Feb 26, 2026
$1,395,000
Initial Listing
Nov 2, 2023
$1,128,000
Public Record
Nov 22, 2005
$825,000
Public Record