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2023 1st Ave Walnut Creek, CA 94597
$2,298,000 5 beds, 5 baths
2, 760 sqft
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Photo of Melissa Ellis

Melissa Ellis Manager 310-963-9826 m
310-829-0629 o
Lic#: 01905986
NRDS ID: 175524822
MelissaEllis@bhhscal.com
Text Me
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Lic#: 01905986
NRDS ID: 175524822
MelissaEllis@bhhscal.com
Santa Monica Office
3130 Wilshire Blvd, Suite 100
Santa Monica, CA 90403
Phone: 310-829-0629
Fax: 310-829-7541
Santa Monica 3130 Wilshire Blvd, Suite 100
Santa Monica, CA 90403
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IMPROVED PRICE-$100K Price Drop! 3 NEW & UPDATED RESIDENCES-MULTI-GENERATIONAL COMPOUND WITH APPROVED LOT SPLIT & INCOME STREAM! Rarely does a property come along that offers this level of versatility, quality craftsmanship, and monetary upside all in one exceptional opportunity. Meticulously designed and thoughtfully improved, this extraordinary multi-residence property presents endless possibilities for multigenerational living, executive lifestyle flexibility, expansion and rental income (Owner has received $8K for mo-mo furnished rental on main 3/2 home & is currently getting $6K for the new 2/2 ADU & $2,750K for new executive studio w/full bath & kitchenette). Each residence comes with full kitchen, laundry & kitchenette (executive studio). The beautifully updated single-story main residence offers 3 bedrooms & 2 bathrooms with stylish finishes, newer appliances and an ideal open layout for everyday living & entertainment. Every detail has been carefully curated to create a warmth and sophistication. Complementing the main home is a NEW ~1,000 sq. ft. voluminous dwelling featuring 2 bedrooms, 2 bathrooms, soaring ceilings, exposed wood beams, hardwood flooring, new appliances w/laundry, & stunning natural light creating an open and elevated ambiance. The quality of construction and architectural detail truly set this residence apart. Currently generating $6K/mo. rent. Adding even more flexibility is the NEW GUEST OR EXECUTIVE SUITE complete with kitchenette and full bathroom — ideal for guests, home office, creative studio, fitness space, or additional income-currently owner is collecting $2,750/mo.rent for this studio. Situated on a FLAT, END OF CUL-DE-SAC location, in one of the area’s most desirable locations of Larkey Estates, this remarkable property is just steps from a private swim club, the beautiful Larkey Park and the beloved Lindsay Wildlife. Minutes to BART, Highway 680, our vibrant downtown amenities, premier shopping, dining, and entertainment, living here makes life so enjoyable, easy & even profitable! (few photos digitally enhanced-for example removal of some PG&E paint markings on street)

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# 41135737
List price is $2,298,000 Reduced by $100,000 on 7/15/2026
Beds: 5
Baths: 5 (5 full)
None fireplaces
Built in 1947
2,760 sqft
1 story
0.27 acres
Lot size: 0.2727
Subdivision: LARKEY ESTATES
County: Contra Costa
Property style: Contemporary,Traditional
Construction: Concrete,Wood Siding
Interior features: Eat-in Kitchen
Appliances: Washer
Parking description: Garage,Garage Door Opener
Lot description: Back Yard,Cul-De-Sac,Front Yard,Garden,Sprinklers In Rear,Sprinklers In Front,Sprinklers Timer,Street Level,Yard
Heating/cooling: Central Air

Last Updated: 7/22/2026

 Find more Walnut Creek homes and real estate

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 Find more homes in the LARKEY ESTATES subdivision

The style of this listing is Contemporary,Traditional.
Find more Contemporary,Traditional style homes for sale

Lat/Long: 37.923558, -122.079051.
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Listing Agent: Jennifer DeVinney
Lic#: 01905986
Office Name: Santa Monica

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Photo of Melissa Ellis

Melissa Ellis Manager 310-963-9826 m
310-829-0629 o
Lic#: 01905986
NRDS ID: 175524822
MelissaEllis@bhhscal.com
Text Me
Call My Cell
Call My Office
Lic#: 01905986
NRDS ID: 175524822
MelissaEllis@bhhscal.com

Santa Monica Office
3130 Wilshire Blvd, Suite 100
Santa Monica, CA 90403
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