144 Castle Crest Rd, Alamo, California 94507, Alamo, - bed, bath

home-pic
ACTIVE$1,775,000
144 Castle Crest Rd, Alamo, California 94507
3Beds
2Baths
1,683Sqft
23,958Lot
Year Built
1961
Close
-
List price
$1.77M
Original List price
$1.9M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41079843
Home ConditionPoor
Features
Good View: Valley
Deck
ViewValley

About this home

This property offers incredible versatility and potential! With plans already in place, you could build a brand-new, stunning 4,652-square-foot home featuring four bedrooms, four and a half bathrooms, a bonus room, and breathtaking views of the surrounding natural beauty. Alternatively, for those who love the charm of the existing structure designed by architect Carl Kolbeck, who was known for his custom contemporary homes. The current Japanese inspired design offers three bedrooms, one and a half baths, in 1,683 square feet. With some modernization and creative touches, you could transform this space into your ideal retreat. Whether you dream of a brand-new masterpiece or a cozy updated haven, this property is ready to meet your vision. ***Landscape plans, surveys, and geotechnical studies are available, the ideal opportunity for a buyer looking to build their dream home in a serene setting.

Nearby schools

7/10
Murwood Elementary School
Public,K-51.0mi
7/10
Parkmead Elementary School
Public,K-51.4mi
9/10
Rancho Romero Elementary School
Public,K-52.6mi
9/10
Montair Elementary School
Public,K-54.5mi
8/10
Tice Creek
Public,K-81.4mi
8/10
Stone Valley Middle School
Public,6-82.1mi
7/10
Walnut Creek Intermediate School
Public,6-82.7mi
9/10
Las Lomas High School
Public,9-121.3mi
10/10
San Ramon Valley High School
Public,9-124.1mi

Price History

Date
Event
Price
09/29/25
Price Change
$1,775,000
12/02/24
Listing
$1,895,999
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (86 Listings)
Beds34
15%
Baths23
10%
Square foot1,6833,151
3%
Lot Size23,95821,911
62%
Price$1.77M$2.5M
9%
Price per square foot$1,055$806
91%
Built year19611977
24%
HOA
Days on market339149
99%
Condition Rating
Poor

Built in 1961, this property is over 60 years old. The listing description explicitly states that the existing structure requires 'modernization and creative touches' to 'transform this space,' or alternatively, suggests building a brand-new home. This indicates that the current condition is significantly outdated and requires substantial rehabilitation, rather than just minor updates. Crucially, there are no images of the kitchen or bathrooms, which strongly suggests these key areas are in very poor, original, or severely outdated condition, necessitating major renovation. The visible interiors, while having hardwood floors, feature dated 'Japanese inspired' shoji-style windows and simple wood trim, consistent with a home that has not undergone significant modern renovations in decades. The property's value appears to be heavily tied to the land and potential for a new build, rather than the existing structure's current state.
Pros & Cons

Pros

Approved Development Plans: Pre-approved plans for a 4,652 sqft, 4-bedroom, 4.5-bathroom home significantly de-risk and streamline the new construction process.
Expansive Lot Size: A generous 23,958 sqft lot provides ample space for a large custom home, extensive landscaping, and enhanced privacy in a desirable area.
Prime Alamo Location & Views: Situated in the highly sought-after city of Alamo, the property boasts breathtaking views of the surrounding natural beauty and valley, adding significant value.
Completed Due Diligence: Availability of landscape plans, surveys, and geotechnical studies saves prospective buyers considerable time and expense in the pre-construction phase.
Architectural Heritage: The existing 1961 structure, designed by renowned architect Carl Kolbeck with a unique Japanese-inspired design, offers a distinct renovation opportunity for specific buyers.

Cons

Substantial Capital Investment: Regardless of whether the buyer renovates the existing structure or builds new, a significant financial investment beyond the purchase price is required.
Outdated Existing Structure: The current 1961-built, 1,683 sqft home with 3 beds and 1.5 baths is small and requires extensive modernization or demolition to meet contemporary standards.
High Entry Cost for Development: The current list price represents a substantial investment for a property that primarily offers land value and development potential, leading to a very high overall project cost.

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