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940 Reliez Station Ln, Lafayette, California 94549, Lafayette, 94549 - 8 bed, 13 bath

940 Reliez Station Ln, Lafayette, California 94549 home-pic-0
ACTIVE$6,250,000
940 Reliez Station Ln, Lafayette, California 94549
8Beds
13Baths
14,605Sqft
311,018Lot
Year Built
1946
Close
-
List price
$6.25M
Original List price
$7M
Price/Sqft
$428
HOA
-
Days on market
-
Sold On
-
MLS number
41110353
Home ConditionPoor
Features
Good View:
Pool
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $6.25M(96th), sqft - 14605(99th), beds - 8(99th), baths - 13(99th).

A Once-in-a-Lifetime Offering: The Former Kaiser Estate — Set on 7.14 completely flat acres in the heart of Lafayette, this extraordinary estate represents one of the most significant and versatile properties ever to come to market in the East Bay. Formerly known as the Kaiser Estate, the property boasts a 14,000± sq. ft. residence with grand scale, timeless architecture, and a commanding presence. What truly sets this estate apart is its R20 zoning, making it not only a remarkable legacy residence but also an incredible development opportunity. With expansive, usable land and prime Lafayette location, the property provides a rare chance to create exclusive estate lots or a visionary compound that few could ever replicate. Opportunities of this scale and versatility are virtually nonexistent in today’s market. Whether reimagined as a private family estate, subdivided into a luxury enclave, or developed into multiple custom homes, 940 Reliez Station stands as a blank canvas for the next chapter of East Bay luxury living.

Price History

Date
Event
Price
11/09/25
Price Change
$6,250,000-10.7%
09/08/25
Listing
$6,995,000
Condition Rating
Poor
Built in 1946, this grand estate requires substantial modernization and renovation. The images reveal an extremely dated interior throughout, including the kitchen with its older white cabinetry, outdated appliances, and traditional countertops/flooring. Bathrooms feature old tile, vanities, and fixtures from a bygone era. While the property appears well-maintained structurally, the finishes, flooring, and fixtures across all visible rooms are significantly outmoded, necessitating a complete overhaul to meet contemporary luxury standards. The listing description itself acknowledges the need for 'substantial modernization, renovation, or even demolition,' indicating that the existing structure, despite its size, is considered a 'blank canvas' for redevelopment rather than a move-in ready luxury home.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 311018, living area = 14605.
Exceptional Development Potential: The R20 zoning on 7.14 completely flat acres in a prime location offers a rare and significant opportunity for subdivision into exclusive estate lots or the creation of a visionary compound.
Unparalleled Land Size & Usability: Boasting 7.14 completely flat and usable acres, this property provides an extraordinary canvas for various high-end developments or a sprawling private estate, a feature virtually nonexistent in today's market.
Prime Lafayette Location: Situated in the heart of Lafayette, this property benefits from a highly desirable and affluent East Bay location, enhancing its intrinsic value and appeal to discerning buyers.
Historic Significance & Grand Scale Residence: As the former Kaiser Estate, the property carries prestige and features a 14,000 sq. ft. residence with grand scale and timeless architecture, offering a commanding presence and unique heritage.
Versatility & Rarity: The property's versatility, allowing for reimagining as a private family estate, subdivision, or multiple custom homes, combined with its stated rarity, positions it as a unique and high-demand investment opportunity.

Cons

Age of Existing Structure & Renovation Needs: Built in 1946, the 14,000 sq. ft. residence, while grand, likely requires substantial modernization, renovation, or even demolition to meet contemporary luxury standards or facilitate development plans, implying significant upfront costs.
High Capital Investment Beyond Purchase: Positioned as a 'blank canvas' and 'development opportunity,' the property will necessitate considerable additional capital expenditure for extensive renovations, subdivision costs, or new construction, which could be a barrier for some buyers.
Recent Price Reduction: The property has undergone a significant price reduction from its original listing of $6.995M to $6.25M, which may suggest challenges in initial market valuation or attracting buyer interest at the higher price point.

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