196 Crest Ave, Alamo, California 94507, Alamo, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$2,149,000
196 Crest Ave, Alamo, California 94507
5Beds
4Baths
2,607Sqft
42,776Lot
Year Built
1971
Close
-
List price
$2.15M
Original List price
$2.15M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41097699
Home ConditionPoor
Features
Good View:
Pool
Patio
View-

About this home

Opportunities like this are few and far between! 196 Crest Avenue offers almost 1 acre in one of Alamo’s most desirable locations—perfect for an urban farm, private multi-home compound, or potential subdivision (buyer to verify). Properties with this kind of size, setting, and flexibility are increasingly rare in the area. The main residence features 5 bedrooms and 3 full baths, with a flexible layout ideal for modern living. An attached pool/guest suite with a private bath and a detached bedroom with exterior access add even more versatility. Outdoor spaces are equally impressive, with mature trees, a sparkling pool, and an expansive yard that backs to the Iron Horse Trail—offering potential direct access to one of the East Bay’s most beloved recreational pathways. Located just minutes from top-rated schools, downtown Alamo, and major commuter routes—yet tucked away in a serene, private setting—this property is ready for the next visionary owner to bring something truly special to life.

Nearby schools

7/10
Murwood Elementary School
Public,K-50.6mi
7/10
Parkmead Elementary School
Public,K-51.3mi
9/10
Rancho Romero Elementary School
Public,K-52.8mi
9/10
Montair Elementary School
Public,K-54.7mi
8/10
Tice Creek
Public,K-81.2mi
8/10
Stone Valley Middle School
Public,6-82.1mi
7/10
Walnut Creek Intermediate School
Public,6-82.4mi
9/10
Las Lomas High School
Public,9-121.1mi
10/10
San Ramon Valley High School
Public,9-124.2mi

Price History

Date
Event
Price
06/27/25
Listing
$2,149,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (88 Listings)
Beds54
55%
Baths43
57%
Square foot2,6073,151
29%
Lot Size42,77621,875
89%
Price$2.15M$2.5M
29%
Price per square foot$824$809
54%
Built year19711977
34%
HOA
Days on market131148
35%
Condition Rating
Poor

Built in 1971, this property is 53 years old and shows clear signs of extensive deferred maintenance and outdated features. The kitchen is severely dated with original-style wood cabinets, tile countertops, and older appliances, requiring a complete renovation. While no bathroom images are provided, the overall condition of the house suggests they are similarly outdated. Carpets appear old, and the exterior features a cracked driveway and a green, unmaintained pool. The property requires substantial repairs and rehabilitation, including likely major system updates (HVAC, plumbing, electrical) to meet modern living standards, making it uncomfortable in its current state. The listing description itself hints at the need for a 'visionary owner' to 'bring something truly special to life,' indicating significant investment is required beyond minor updates.
Pros & Cons

Pros

Exceptional Development Potential & Large Lot: Nearly 1 acre (42,776 sqft) in a desirable Alamo location, offering rare opportunities for an urban farm, multi-home compound, or potential subdivision.
Prime Location & Accessibility: Situated in one of Alamo's most sought-after areas, minutes from top-rated schools, downtown amenities, and major commuter routes, while maintaining a serene, private setting.
Versatile Living Spaces: Features a 5-bedroom, 3-bath main residence with a flexible layout, complemented by an attached pool/guest suite with a private bath and a detached bedroom with exterior access, providing significant versatility.
Outstanding Outdoor Amenities & Recreational Access: Impressive outdoor spaces include mature trees, a sparkling pool, an expansive yard, and potential direct access to the Iron Horse Trail, enhancing lifestyle and recreational opportunities.
Rarity & Investment Value: Properties of this size, setting, and flexibility are increasingly rare in the area, suggesting strong long-term investment potential and unique appeal.

Cons

Age and Potential for Renovation: Built in 1971, the property may require significant updates or renovations to meet contemporary aesthetic and functional standards, implied by the call for a 'visionary owner'.
Substantial Capital Investment Required: Realizing the full potential of the large lot, such as developing a multi-home compound or subdividing, will necessitate considerable additional capital investment and planning.
Uncertainty of Development Potential: While offering subdivision potential, the 'buyer to verify' clause indicates that this is not a guaranteed outcome and requires extensive due diligence, introducing risk and potential delays.

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