2023 1st Ave, Walnut Creek, CA 94597
- $2,298,000
- 5
- BD
- 5
- BA
- 2,760
- SqFt
- List Price
- $2,298,000
- Price Change
- ▼ $100,000 1784096557
- Days on Market
- 61
- MLS#
- 41135737
- Building / Subdivision
- Larkey Estates
- Bedrooms
- 5
- Bathrooms
- 5
- Living Sq. Ft
- 2,760
- Lot Size
- 11,877
- Type
- Single Family Residential
- Zip
- 94597
- City
- Walnut Creek
Property Description
IMPROVED PRICE-$100K Price Drop! 3 NEW & UPDATED RESIDENCES-MULTI-GENERATIONAL COMPOUND WITH APPROVED LOT SPLIT & INCOME STREAM! Rarely does a property come along that offers this level of versatility, quality craftsmanship, and monetary upside all in one exceptional opportunity. Meticulously designed and thoughtfully improved, this extraordinary multi-residence property presents endless possibilities for multigenerational living, executive lifestyle flexibility, expansion and rental income (Owner has received $8K for mo-mo furnished rental on main 3/2 home & is currently getting $6K for the new 2/2 ADU & $2,750K for new executive studio w/full bath & kitchenette). Each residence comes with full kitchen, laundry & kitchenette (executive studio). The beautifully updated single-story main residence offers 3 bedrooms & 2 bathrooms with stylish finishes, newer appliances and an ideal open layout for everyday living & entertainment. Every detail has been carefully curated to create a warmth and sophistication. Complementing the main home is a NEW ~1,000 sq. ft. voluminous dwelling featuring 2 bedrooms, 2 bathrooms, soaring ceilings, exposed wood beams, hardwood flooring, new appliances w/laundry, & stunning natural light creating an open and elevated ambiance. The quality of construction and architectural detail truly set this residence apart. Currently generating $6K/mo. rent. Adding even more flexibility is the NEW GUEST OR EXECUTIVE SUITE complete with kitchenette and full bathroom — ideal for guests, home office, creative studio, fitness space, or additional income-currently owner is collecting $2,750/mo.rent for this studio. Situated on a FLAT, END OF CUL-DE-SAC location, in one of the area’s most desirable locations of Larkey Estates, this remarkable property is just steps from a private swim club, the beautiful Larkey Park and the beloved Lindsay Wildlife. Minutes to BART, Highway 680, our vibrant downtown amenities, premier shopping, dining, and entertainment, living here makes life so enjoyable, easy & even profitable! (few photos digitally enhanced-for example removal of some PG&E paint markings on street)
Additional Information
- Exterior
- Wood Siding, Glass
- Building Type
- Detached
- Garage
- Yes
- Garageparking
- Attached, Side Yard Access, Garage Door Opener
- Laundry
- Inside Room
- Lot Description
- 2 Houses / 1 Lot, Court, Cul-De-Sac, Level, Premium Lot, Other, Back Yard, Front Yard, Landscaped, Paved, Private, See Remarks, Sprinklers In Rear
- Fireplaces
- 1
- Neighborhood
- Larkey Estates
- Heating
- Perimeter, Central
- Cooling
- Central Air
- Year Built
- 1947
- Water Sewer
- Public
- Flooring
- Hardwood, Tile
- Acres
- 0.27
- Roof
- Composition Shingles
- Garage Spaces
- 2
- Style
- Contemporary, Traditional
- Stories
- 1
- Kitchen Features
- Stone Counters, Dishwasher, Eat-in Kitchen, Disposal, Kitchen Island, Microwave, Refrigerator, Self-Cleaning Oven, Updated Kitchen
Mortgage Calculator
Listing courtesy of Jennifer DeVinney from Engel & Volkers Danville. 925-389-3437
Bay East © 2026. CCAR © 2026. BridgeMLS © 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on: