
Berkeley, California 94708
Analysis of 916 Cragmont Ave, Berkeley, California 94708 is currently available with a list price of $995,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Berkeley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1933 with no evidence of recent renovations, this property is marketed as a 'canvas' for developers and visionary buyers. Interior photos reveal significant dating, including 1970s-era blue tile bathrooms and wallpaper, along with visible structural/cosmetic cracks in the plaster walls. The listing explicitly suggests a 'culinary transformation' is needed for the kitchen and calls for an architect, indicating the home requires a full rehab to meet modern standards.
The property offers breathtaking, unobstructed vistas of the San Francisco Bay, the Bay Bridge, and the city skyline, providing a high-value feature that is a hallmark of premium Berkeley Hills real estate.
This 1933 Storybook-style residence features exceptional historic details, including hand-carved wood millwork, soaring ceilings, and vintage built-ins, offering a unique aesthetic foundation for a luxury restoration.
Situated in the coveted Cragmont area near Tilden Park and North Berkeley shops, the spacious 2,449 sq. ft. floor plan serves as an ideal 'luxury canvas' for developers or buyers looking to create a custom masterpiece.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2449, other record living area = 2364.
The home is in original condition and requires a significant capital investment for a full-scale remodel of the kitchen, bathrooms, and interior finishes to meet modern luxury standards.
The multi-tiered backyard and sloped terrain typical of the Berkeley Hills may lead to higher landscaping costs and limited flat outdoor recreational space compared to traditional level lots.
The Ultimate Luxury Canvas: Panoramic Bay Views & Timeless Architecture Nestled within the coveted Berkeley Hills, this residence presents a rare opportunity for visionary buyers, developers, and design enthusiasts alike. This classic Storybook-style residence beautifully balances historic architectural romance w/ an interior, waiting to be reimagined into a world-class luxury home. Framed by mature trees and boasting sweeping, panoramic views of the Bay Bridge and the city skyline, this property is full of untapped potential. The residence spans across a spacious, two-level floor plan characterized by exceptional volume, soaring ceilings, and exquisite vintage millwork. The living room is anchored by a hand-carved wood fireplace mantel with marble surrounds and classic built-in window benches, setting a stately tone for a formal lounge. Just beyond, the dedicated formal dining room features a massive picture window framing a postcard-perfect view of San Francisco Bay, ideal for hosting memorable dinner parties. For the remote executive or creative soul, a spacious study offers the ultimate footprint for a private office, complete with its own fireplace, rich wood cabinetry & wrap-around shelving. At the heart of the abode sits a kitchen ripe for a culinary transformation, featuring extensive cabinetry, dishwasher and a dual-oven layout. It flows directly into a charming breakfast room. Perfect for modern entertainment, the kitchen features a pass-through window, opening into the family room which has a large skylight, fireplace, half bath, unobstructed vistas of the Bay, and indoor-outdoor flow w/ direct access to the deck. The lower-level features two bedrooms, one full bathroom and a split-bath, and a room with vaulted wood-plank ceiling & fireplace that can easily serve as a primary suite or secondary retreat. Stepping outside from the main living spaces, you'll find incredible promise in the backyard for a multi-tiered entertainment terrace, complete w/ ample space for an outdoor lounge & private al fresco dining against a backdrop of dense, lush greenery. A 2-car garage provides essential off-street parking & storage. Minutes to Tilden, Little Farm, Merry Go Round, trails, farmers markets & North Berkeley’s shops & cafes. Bring your architect and interior designer along with your aspirations to create the ultimate Berkeley Hills masterpiece. (HES=1)
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,449 | 2,200 |
| Lot Size | 5,086 | 5,160 |
| Price | $995.0K | $1.70M |
| Price per sq ft | $406 | $997 |
| Built year | 1933 | 1926 |
| HOA | $0 | $500 |
| Days on market | 7 | 31 |
Jul 15, 2026
$995,000
Initial Listing