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2023 1st Ave AveWalnut Creek, CA 94597

For Sale

$2,298,000

Smart Buyer Rebate $22,980

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)

Listed by Jennifer DeVinney

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License #01292972

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Engel & Volkers Danville

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9253893437

Last updated July 21, 2026

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Source: CRMLS #41135737

Listing Facts

  • TypeSingle-family
  • NeighborhoodPalos Verde Area
  • Bedrooms5
  • Bathrooms5
  • Days on Prevu63
  • Size2,760 sqft
  • Price per sqft$833

Amenities

  • Private Outdoor Space
  • Washer/Dryer
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

05/29/2026
Listed by Engel & Volkers Danville
$2,298,000

Property Details for 2023 1st Ave Ave

Exterior

Construction

  • Roof: Shingle
  • Stories: 1
  • Window Features: Screens
  • Year Built: 1947
  • Architectural Style: Contemporary, Traditional
  • Construction Materials: Concrete, Wood Siding
  • Exterior Features: Garden

Features

  • Other Structures: Storage
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio

Measurements

  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Garden, Sprinklers In Rear, Sprinklers In Front
  • Lot Size Acres: 0.27
  • Lot Size Area: 11,877
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 11,877
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 1710200369

Interior

Features

  • Appliances: Washer
  • Flooring: Tile, Wood
  • Interior Features: Eat-in Kitchen

Measurements

  • Living Area: 2,760

Rooms

  • Bathrooms Full: 5
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 5

Other

Location

  • Subdivision Name: LARKEY ESTATES

Parking

Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Attached, Garage, Garage Door Opener
  • Parking Total: 5

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 5 bedrooms and 5 bathrooms in this single-family home at 2023 1st Ave Ave.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 2023 1st Ave Ave.

How does 2023 1st Ave Ave compare to other single-family homes in Palos Verde Area?

This single-family home is listed 15% above the average price for single-family homes in Palos Verde Area and has been on the market for 16 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 2,760 sqft.

2023 1st Ave Ave is a 5-bedroom, 5-bath single-family home for sale in Walnut Creek CA 94597. Listed on Prevu for 63 days at $2,298,000. This property features 2,760 square feet of living space, located in Walnut Creek. The median listing price for single-family homes in this area is $1,996,500. Additional amenities include private outdoor space, air conditioning, parking, swimming pool, and washer/dryer. Explore more single-family home listings in Walnut Creek.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.