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2023 1st AveWalnut Creek, CA 94597

For Sale

$2,398,000

Smart Buyer Rebate $23,980

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)

Listed by Jennifer DeVinney

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License #01292972

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Engel & Volkers Danville

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925-389-3437

Last updated June 15, 2026

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Source: bridgeMLS #41135737

Listing Facts

  • TypeSingle-family
  • NeighborhoodPalos Verde Area
  • Bedrooms5
  • Bathrooms5
  • Days on Prevu18
  • Size2,760 sqft
  • Price per sqft$869

Amenities

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

Location

Mortgage Calculator

Listing History

05/29/2026
Listed by Engel & Volkers Danville
$2,398,000

Property Details for 2023 1st Ave

Exterior

Construction

  • New Construction: Yes
  • Roof: Shingle
  • Stories: 1
  • Window Features: Screens
  • Year Built: 1947
  • Architectural Style: Contemporary, Traditional
  • Construction Materials: Wood Siding, Glass
  • Exterior Features: Back Yard, Front Yard, Garden/Play, Side Yard, Sprinklers Automatic, Sprinklers Front, Storage, Landscape Back, Landscape Front, Private Entrance, Storage Area, Yard Space

Features

  • Fencing: Partial Fence, Partial, Wood
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio, Covered Deck, Front Porch

Measurements

  • Building Area Total: 2,760
  • Lot Features: 2 Houses / 1 Lot, Court, Cul-De-Sac, Level, Premium Lot, Other, Back Yard, Front Yard, Landscaped, Paved, Private, See Remarks, Sprinklers In Rear
  • Lot Size Acres: 0.27
  • Lot Size Area: 0
  • Lot Size Square Feet: 11,877
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 1710200369

Interior

Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Hardwood, Tile
  • Interior Features: Au Pair, In-Law Floorplan, Storage, Updated Kitchen

Measurements

  • Living Area: 2,760
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 5
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 5
  • Rooms Total: 14

Other

Location

  • Subdivision Name: LARKEY ESTATES

Parking

Parking

  • Covered Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Attached, Side Yard Access, Garage Door Opener

Utilities

Equipment

  • Cooling: Central Air
  • Electric: Solar Unknown
  • Heating: Perimeter, Central
  • Has Heating: Yes
  • Laundry Features: Inside Room
  • Sewer: Public Sewer
  • Water Source: Public

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.

Does this single-family home have parking?

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

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

This single-family home is listed 68% above the average price for single-family homes in Palos Verde Area and has been on the market for 1 more day 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 is a 5-bedroom, 5-bath single-family home for sale in Walnut Creek CA 94597. Listed on Prevu for 18 days at $2,398,000. This residence features 2,760 square feet of living space, located in Walnut Creek. The median listing price for single-family homes in this area is $1,425,000. The home offers private outdoor space, dishwasher, air conditioning, parking, swimming pool, and washer/dryer. Explore more single-family home listings in Walnut Creek.

Based on information from bridgeMLS 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.