194 Hillcroft Way, Walnut Creek, California 94597, Walnut Creek, - bed, bath
ACTIVE$2,350,000
194 Hillcroft Way, Walnut Creek, California 94597
2Beds
2Baths
1,880Sqft
76,354Lot
Year Built
1949
Close
-
List price
$2.35M
Original List price
$2.5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41111070
Home ConditionPoor
Features
Good View:
Deck
View-
About this home
This property is to be sold in conjunction with the adjoining property, 1160 Dunsyre Dr., Lafayette. Two parcels accumulating 2.19 AC, with potential of building multiple single-family homes. Please review the listing of 1160 Dunsyre Dr. for additional information. Additional reports, maps, plans available upon request.
Price History
Date
Event
Price
09/29/25
Price Change
$2,350,000
09/10/25
Listing
$2,500,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (47 Listings) | |
|---|---|---|---|
| Beds | 2 | 3 | 10% |
| Baths | 2 | 2 | 50% |
| Square foot | 1,880 | 1,792 | 60% |
| Lot Size | 76,354 | 11,514 | 98% |
| Price | $2.35M | $1.3M | 96% |
| Price per square foot | $1,250 | $727.5 | 98% |
| Built year | 1949 | 9790980 | 29% |
| HOA | |||
| Days on market | 56 | 137 | 15% |
Condition Rating
Poor
Built in 1949, this property features a kitchen and bathrooms that are significantly outdated, likely renovated 30-50 years ago. The kitchen has dated light wood cabinets, tiled countertops, older white appliances, and linoleum flooring. The bathroom also shows a dated wood vanity and basic fixtures. While currently generating rental income, the overall condition and style indicate a need for substantial repairs and rehabilitation to meet modern living standards. The listing's emphasis on land development potential further suggests the existing structure is not a primary asset.
Pros & Cons
Pros
Significant Development Potential: The property, combined with an adjoining parcel, offers 2.19 acres with explicit potential for building multiple single-family homes, presenting a strong development opportunity.
Expansive Combined Land Area: With a total of 2.19 acres across two parcels, there is substantial land for large-scale development, privacy, or creating a custom estate.
Strategic East Bay Location: Located in Walnut Creek and adjoining Lafayette, the property benefits from a highly desirable East Bay address known for its amenities, schools, and accessibility.
Investment-Grade Opportunity: The nature of the offering positions this as a prime investment for developers or individuals seeking to capitalize on new construction in a sought-after area.
Existing Residence for Interim Use: An existing 1880 sqft home (built 1949) provides potential for temporary residence or rental income during the planning and development phases of the larger project.
Cons
Mandatory Dual-Parcel Purchase: The property must be sold in conjunction with an adjoining parcel, which may limit the buyer pool and requires a larger initial capital investment.
Complex Development Process: Realizing the potential for multiple single-family homes will involve significant time, capital, and navigation of zoning, permitting, and construction challenges.
Age of Existing Structure: The existing home was built in 1949, suggesting it may require substantial renovation or demolition, adding to the overall project cost and complexity.