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2023 1st Ave, 
Walnut Creek, CA 94597

$2,398,000


5

Beds


5

Baths


2,760

Sq Ft


Single Family

Active

Listed by

Jennifer Devinney

Engel & Volkers Danville

925-872-0968

Last updated:

May 31, 2026, 09:34 PM

MLS#

41135737

Source:

CRMLS

About This Home

2023 1st Ave

UPDATED & NEWLY CONSTRUCTED, MULTI-GENERATIONAL LIVING w/ POTENTIAL INCOME STREAM and APPROVED LOT SPLIT! Rarely does a property come along that offers this level of versatility, quality craftsmanship, and future potential 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 rental on main 3/2 home & $5K for the new 2/2 ADU). We project a rental amount of up to $2K for the rear guest suite. 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. 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 opportunity. 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)

Home Facts

Single Family

5 Baths

5 Bedrooms

Built in 1947

Price Summary

2,398,000

$868 per Sq. Ft.

MLS #:

41135737

Last Updated:

May 31, 2026, 09:34 PM

Added:

2 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

5

Interior

Living Area:

2,760 Sq. Ft.


Structure

Structure

Architectural Style:

Contemporary, Traditional

Building Area:

2,760 Sq. Ft.

Year Built:

1947


Lot

Lot Size (Sq. Ft):

11,878


Finances & Disclosures

Finances

Price:

$2,398,000

Price per Sq. Ft:

$868 per Sq. Ft.

Source:CRMLS
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Coldwell Banker Select Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Select Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.
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2023 1st Ave
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Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.