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    457 Summit Rd Walnut Creek, CA 94598

    Sponsored
    For Sale
    $899,000

    Prime 2-acre residential lot, stunning views.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2-acre property, located at 457 Summit Rd in Walnut Creek, California (zip code 94598), presents a unique opportunity to build a custom home. Situated in the desirable Lakewood area, this lot boasts breathtaking, unobstructed views and backs up to open space, ensuring ultimate privacy. The property is zoned R-20, and utilities are conveniently located at the street. The APN is 179-190-021. This expansive land offers the potential for a substantial family compound, potentially leveraging SB9 regulations (buyers should conduct independent verification of SB9 applicability). Its convenient location provides easy access to downtown Walnut Creek, offering a wealth of shopping, dining, and transportation options. The property is also within the highly-regarded Acalanes High School district. The land is characterized by mature oak trees, creating a naturally beautiful and established setting. This is a rare opportunity to create your dream home in a prestigious and tranquil location. The asking price for this remarkable property is $899,000.

    Property Features for 457 Summit Rd

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • $899,000 asking price.
    • 2‑acre residential land parcel.
    • R‑20 zoning.
    • Located at 457 Summit Rd, Walnut Creek, CA 94598 (APN 179‑190‑021).
    • For sale by owner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Walnut Creek
    County
    Contra Costa
    State
    California
    Longitude
    -122.04087418899
    Latitude
    37.901264327384

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    FAQs

    What type of property is this?
    Land - Prime 2-acre residential lot, stunning views.
    Where is this land located?
    The property is located at 457 Summit Rd Walnut Creek, CA.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: $899,000 asking price.; 2-acre residential land parcel.; R-20 zoning.
    Request Owner's contact information
    457 Summit Rd Walnut Creek, CA 94598
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    457 Summit Rd Walnut Creek, CA 94598
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