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Kevin Kieffer

kevin@eastbaypro.com +1(925) 300-8000

Listed by Compass

$ 1,495,000

Est. payment | -/mo

2 Beds

2 Baths

2,019 SqFt

Save Video Tour

$ 1,495,000

Est. payment | -/mo

Save Video Tour

2 Beds

2 Baths

2,019 SqFt

Open House

Sun Jul 19, 1:00pm - 4:00pm

Tue Jul 14, 10:30am - 12:00pm

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,019 sqft

Price per Sqft $740

Subdivision Tice Valley

MLS Listing ID 41141523

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1932

Lot Size 0.616 Acres

Property Sub-Type Detached

Source CONTRA COSTA

Property Description

Exceptional opportunity to unlock the potential of this .5 acre Walnut Creek property in one of the East Bay's most desirable locations. Situated on a flat parcel, this property presents a unique opportunity for buyers, builders, developers, and investors seeking to explore California's evolving housing opportunities. The property includes an existing approximately 2,019± sq. ft. residence. The home is being offered primarily for its land value and redevelopment potential. The State of California recently (2022) enacted new developmenet laws for single family neighborhoods to help with the housing shortage by passing Senate Bill 9, Urban Housing Development, with key provisions such as to require local governments to ministerially approve, without discretionary hearings, up to two primary units per lot or an urban lot split in single-family residential zones. This essentially allows homeowners to build up to four units on a single lot. The State of California also recently (2023) enacted Senate Bill 1123 (the Starter Home Revitalization Act amendment) which streamlines the approval process for small-lot subdivisions on vacant single-family and multifamily parcels. This bill requires local agencies to ministerially approve eligible projects of up to 10 homes, entirely bypassing discretionary reviews, public hearings, and CEQA appeals. Units are intended as affordable starter homes, generally limited to a maximum of 1,750 square feet. Buyers should independently verify eligibility, zoning, development standards, density allowances, subdivision requirements, utility capacity, and all applicable state and local regulations with Contra Costa County and the City of Walnut Creek and appropriate agencies. Whether you're envisioning a custom residence, multi-parcel housing, or a long-term investment, this property offers a rare chance to capitalize on California's changing housing landscape in an outstanding Walnut Creek location. Information provided is deemed reliable but is not guaranteed. Buyer is advised to independently verify all property information, zoning, development potential, permits, utility availability, and applicability of SB 9, SB 1123, and any other governmental regulations. Property is being sold in its present condition. All photographs are protected by copyright.

Location

State CA

County Contra Costa

Interior

Heating Central

Cooling Central Air

Flooring Hardwood, Carpet

Fireplaces Number 1

Fireplaces Type Wood Burning

Fireplace Yes

Appliance Dishwasher, Electric Range, Microwave, Refrigerator

Laundry Hookups Only, Laundry Room

Exterior

Pool None

Private Pool false

Building

Lot Description Level, Premium Lot, Back Yard, Front Yard

Story 1

Water See Remarks

Architectural Style Rustic

"We would love to put our experience and successful track record to work for you. Top 1% in California" Kevin & Naomi Kieffer Compass Homes@EastBayPro.com or M. 925-300-8000"

+1(925) 300-8000

kevin@eastbaypro.com

1646 N California Blvd, Walnut Creek, CA 94596, USA

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2339 Tice Valley Blvd Walnut Creek, CA 94595