20815 E Rocky Point Lane, Walnut, California 91789, Walnut, 91789 - 3 bed, 3 bath

20815 E Rocky Point Lane, Walnut, California 91789 home-pic-0
ACTIVE$1,224,999
20815 E Rocky Point Lane, Walnut, California 91789
3Beds
3Baths
1,755Sqft
4,551Lot

Price Vs. Estimate

The estimated value ($659,334.445) is $565,664.555 (46%) lower than the list price ($1,224,999). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Modern Upgrades & Energy Efficiency: The property boasts significant recent upgrades including new plumbing, PAID-OFF Tesla solar panels, a Tesla EV charger, a 200-amp electrical panel, newer AC/furnace, and Tex-Cote exterior paint with a lifetime warranty, enhancing comfort, efficiency, and long-term value.
Top Cons:
Significant Overpricing: The current list price of $1,224,999 is substantially higher than the estimated property value ($659,334) and recent comparable sales in the area (ranging from $1.028M to $1.08M for similar or larger homes), indicating a considerable valuation discrepancy that may deter potential buyers.

Compared to the nearby listings

Price:$1.22M vs avg $1.18M (+$44,999)57%
Size:1,755 sqft vs avg 1,991 sqft37%
Price/sqft:$698 vs avg $61184%

More Insights

Built in 1987 (38 years old).
Condition: Built in 1987, this property has undergone significant and recent upgrades that elevate its condition to 'Good'. The description highlights 'new plumbing,' 'newer AC and furnace,' a '200-amp electrical panel,' 'PAID-OFF Tesla solar panels,' and a 'Tesla EV charger,' indicating major system replacements and modern energy efficiency improvements. The exterior has been refreshed with 'Tex-Cote paint,' and the master balcony features 'new vinyl railings and newer tile flooring.' While not explicitly stating a full kitchen and bathroom renovation timeline, the phrase 'thoughtfully upgraded with modern features' and the presence of a 'drinking water filtration system in the kitchen' strongly suggest these key areas are updated to contemporary standards, making the home move-in ready with no immediate renovation required. The overall impression from the description and implied visual assessment of the images is a well-maintained property with substantial recent investments, aligning with the 'Good' criteria of being extensively renovated within 5 to 15 years in key areas and having functional, well-maintained systems.
Year Built
1987
Close
-
List price
$1.22M
Original List price
$1.25M
Price/Sqft
$698
HOA
$46
Days on market
-
Sold On
-
MLS number
PW25031391
Home ConditionGood
Features
Good View: Mountain(s)
Deck
Patio
ViewMountain(s)

About this home

Welcome to this stunning home, ideally located in this highly sought-after Walnut neighborhood. Tucked away in a peaceful cul-de-sac, this property is just a short walk from Ronald Reagan Park, offering the perfect space for outdoor activities and relaxation. The community also features top-rated schools, tennis and basketball courts, and a variety of amenities for every lifestyle. The elegant entrance will stun you with the view to the cozy fireplace in the living room, formal dining room, den, kitchen area and a peek of the upstairs floor. Enjoy year-round comfort with a newer AC and furnace. The master bedroom opens to a charming balcony, perfect for morning coffee or leisurely afternoons, with new vinyl railings and newer tile flooring enhancing the space. The garage has also been recently upgraded, complete with two remote controls and a new keypad for added convenience. Commuters will love the quick access to the 57 freeway, ensuring a fast and convenient route to surrounding areas. Inside, this home has been thoughtfully upgraded with modern features, including new plumbing, PAID-OFF Tesla solar panels, a Tesla EV charger, and a 200-amp electrical panel. The exterior has been refreshed with Tex-Cote paint, which not only enhances curb appeal but also offers energy efficiency with a lifetime warranty. Additional features include a drinking water filtration system in the kitchen and a beautifully maintained garden that adds warmth and character to the property. Many well distributed and well cared for fruit trees include, avocado, guava, tangerine, persimmon, lemon, red date, pear, pomegranate and many more fruit trees. With its family-friendly atmosphere and prime location, this home is an opportunity you won’t want to miss. Don’t wait—schedule a tour today and make this beautiful house your new home!

Condition Rating
Good

Built in 1987, this property has undergone significant and recent upgrades that elevate its condition to 'Good'. The description highlights 'new plumbing,' 'newer AC and furnace,' a '200-amp electrical panel,' 'PAID-OFF Tesla solar panels,' and a 'Tesla EV charger,' indicating major system replacements and modern energy efficiency improvements. The exterior has been refreshed with 'Tex-Cote paint,' and the master balcony features 'new vinyl railings and newer tile flooring.' While not explicitly stating a full kitchen and bathroom renovation timeline, the phrase 'thoughtfully upgraded with modern features' and the presence of a 'drinking water filtration system in the kitchen' strongly suggest these key areas are updated to contemporary standards, making the home move-in ready with no immediate renovation required. The overall impression from the description and implied visual assessment of the images is a well-maintained property with substantial recent investments, aligning with the 'Good' criteria of being extensively renovated within 5 to 15 years in key areas and having functional, well-maintained systems.
Pros & Cons

Pros

Extensive Modern Upgrades & Energy Efficiency: The property boasts significant recent upgrades including new plumbing, PAID-OFF Tesla solar panels, a Tesla EV charger, a 200-amp electrical panel, newer AC/furnace, and Tex-Cote exterior paint with a lifetime warranty, enhancing comfort, efficiency, and long-term value.
Prime Location & Community Amenities: Situated in a highly sought-after Walnut neighborhood on a peaceful cul-de-sac, the home offers walking distance to Ronald Reagan Park, access to top-rated schools, community tennis and basketball courts, and quick access to the 57 freeway for convenient commuting.
Well-Maintained & Landscaped Exterior: The exterior has been refreshed with Tex-Cote paint for enhanced curb appeal and energy efficiency, complemented by a beautifully maintained garden featuring a variety of well-distributed fruit trees, adding character and practical benefits.
Desirable Lifestyle Features: The master bedroom includes a charming balcony with new vinyl railings and newer tile flooring, perfect for relaxation. Additional features like an upgraded garage with remote controls/keypad and a kitchen drinking water filtration system contribute to a comfortable lifestyle.
Mountain Views: The property offers desirable mountain views, adding to its aesthetic appeal and potentially increasing its market value.

Cons

Significant Overpricing: The current list price of $1,224,999 is substantially higher than the estimated property value ($659,334) and recent comparable sales in the area (ranging from $1.028M to $1.08M for similar or larger homes), indicating a considerable valuation discrepancy that may deter potential buyers.
Smaller Size Relative to Comps: At 1755 sqft with a 4551 sqft lot, the property offers less living space and land compared to several recently sold comparable properties in the neighborhood, which generally feature larger square footage and lot sizes, making its higher price point less competitive.
Potential for Buyer Resistance due to Price History: The property has already undergone a price reduction from its original list price of $1,249,999. This, combined with the current high asking price relative to market data, could lead to buyer skepticism and potentially prolong its time on the market.

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