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2481 Larkey Ln, Walnut Creek, CA 94597

$1.25M3bd · 3ba · 2,138 sqft
Lot 12,197 sqft•Single Family Residence•
Active
•52d on market•MLS# 01-41145825

Property Description

WOW- Price Adjusted $50,000! NOW IS THE TIME!*Opportunity awaits in Walnut Creek's highly desirable Larkey neighborhood with WC Schools! This well-maintained 3-bedroom, 3-bath home offers an inviting floor plan & spacious living areas. The light-filled living room overlooks the lush backyard, while the expansive bonus room with its own full bathroom provides exceptional flexibility for guests, an au pair, home office, gym, or media room. Recent improvements include refinished hardwood floors, fresh interior and exterior paint, new carpet in the bonus room, new designer light fixtures, and a new main electrical panel and subpanel—all completed in 2026. The roof was replaced in 2019, providing added peace of mind. While the kitchen and bathrooms present an excellent opportunity for a new owner to update to their personal taste, the home has been thoughtfully refreshed and is move-in ready from day one. Ideally located within the award-winning Walnut Creek/Acalanes school district, including Buena Vista Elementary, Walnut Creek Intermediate, and Las Lomas High School, and just minutes from downtown Walnut Creek, BART, parks, shopping, dining, and major commuter routes. Whether you're looking for a place to move right into or a home you can customize over time, this is an exceptional opportunity in one of Walnut Creek's most sought-after neighborhoods.

Features & Amenities

FeeBuilt 1960

Property Details

Land Type
Fee
Year Built
1960
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
0
Heating
Forced Air
Cooling
See Remarks
View
Hills
Flooring
Carpet, Laminate, Wood
Roof
Shingle
City
Walnut Creek
Zip Code
94597
County
Contra Costa
Listed byRE/MAX Accord, Lisa Caldwell

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$6,320.68
Principal & Interest
Loan Amount
$1,000,000
Total Interest
$1,275,445
Total Payment Over 30 Years
$2,275,445
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

2481 Larkey Ln, Walnut Creek, CA 94597

Walnut Creek · Single Family Residence

$1.25M
Residential Tier
Beds
3
Baths
3
Sqft
2,138
Lot
12,197 sqft
Year
1960
$/Sqft
$585
Pool: No✓
View: Hills✓

Listed 29.0% below the median closed sale of $1,760,000. Price per sqft ($585) is a 28% discount to closed comps ($811). Closed comps sold at 101% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $1.25M· $585/sqft
Total list price
Closed comps
vs closed median $1.76M
−$510K (−29.0%)
Active comps
vs active median $1.55M
−$299K (−19.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $726
−$141 (−19.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2172 Angus DrWalnut Creek1965422,13714,382$746$1.59M1184
1941 Argonne DrWalnut Creek1969432,0309,990$590$1.20M8084
79 DEL HAMBRE CIRCLEWalnut Creek1946331,9669,600$788$1.55M1183
840 Kane CircleWalnut Creek1965442,15011,050$881$1.90M5183
2122 Wilmington DriveWalnut Creek1975332,1965,400$623$1.37M3881
Total: 5 · Average3.63.02,095.810,084.4$725.6$1.52M38.2
Median2,137$1.55M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2871 Bowling Green DrWalnut Creek196708/25/2026432,12713,000$1.77M$1.76M$8270.994288
136 Arbolado DrWalnut Creek195609/25/2026432,15014,950$1.85M$1.77M$8260.966987
2883 Bowling Green DrWalnut Creek196709/14/2026432,28611,550$1.95M$2.03M$8881.043784
945 Natchez DrWalnut Creek197109/25/2026321,92810,800$1.50M$1.57M$8171.055284
3440 Perada DrWalnut Creek196409/22/2026432,29110,001$1.59M$1.60M$6981.003283
Total: 5 · Average3.82.82,156.412,060.2$1.75M$1.75M$811.2—46.4
Median2,150$1.76M$1.76M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.