$1,899,450
SOLD JUN 9, 2025
4 Beds
2.5 Baths
1,849 Sq Ft
0.33 Acres

Recently Sold

$1,027 Per Sq Ft

12% Above List Price

9 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating and Cooling System
  • Indian Valley Elementary School Rated A-
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of June 2025

Lakefront Living in Walnut Creek! Opportunities like this rarely surface—welcome to 586 Lakewood Circle, perched on the edge of an exclusive 11-acre private lake in one of Walnut Creek’s best-kept secrets. This is your moment to create something extraordinary. The existing home is a prime candidate for a top-to-bottom transformation—contractors, builders, and visionaries, take note. Imagine waking up to sparkling water views, launching a kayak from your backyard, or enjoying golden hour on your future custom-designed deck. The lot and location are the prize—what you do with it is up to you. Revamp. Redo. Reimagine. With unparalleled privacy, nature, and the prestige of lakefront ownership, this is the kind of legacy property that rarely becomes available. Coming Soon—don’t miss this once-in-a-lifetime opportunity. Home comes with EXCLUSIVE membership to the LAKE!!!

Last Agent to Sell the Property

Angela Clay

Dudum Real Estate Group License #01361143 Listed on: 05/15/2025

Dudum Real Estate Group

Last Buyer's Agent

Kelly Mccormick

Christie's Intl Re Sereno License #01033798

Christie's Intl Re Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,375

Year Built

  • Built in 1950

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace
  • Laundry in Kitchen

Kitchen

  • Built-In Range
  • Dishwasher

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • 0.33 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Lakewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1791750118

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,375

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Stories: 1
  • Year Built: 1950
  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Subdivision Name: Lakewood
  • Directions: Ygnacio, Homestead, Lakewood, Lakewood Cir
  • Architectural Style: Other
  • Garage Yn: Yes
  • Unit Levels: One Story
  • New Construction: No
  • Special Features: None

Interior Features

  • Flooring: Linoleum, Wood
  • Appliances: Dishwasher, Range
  • Other Equipment: None
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Room Kitchen Features: Dishwasher, Range/Oven Built-in

Exterior Features

  • Roof: Other
  • Lot Features: Level, Premium Lot
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Other
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Laundry Features: In Kitchen
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 14500
  • Parcel Number: 1791750118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2025
Closed on
Jun 4, 2025
Sold by
1997 Arthur L Austin and 1997 Mary L
Bought by
Hill Family Trust and Hill
Seller's Agent
Angela Clay
Dudum Real Estate Group
Buyer's Agent
Kelly Mccormick
Christie's Intl Re Sereno
List Price
$1,695,000
Sold Price
$1,899,450
Premium/Discount to List
$204,450
12.06%
Views
5
Current Estimated Value
$1,811,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$87,946
Avg. Annual Appreciation
-16.54%
Original Mortgage
$650,000
Outstanding Balance
$647,753
Interest Rate
5.94%
Mortgage Type
New Conventional
Estimated Equity
$1,161,221

Purchase Details

Closed on
May 8, 1997
Sold by
Austin Arthur L and Austin Mary L
Bought by
Austin Arthur L and Austin Mary L
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,899,500 Old Republic Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $650,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Sold $1,899,450 +12.1% $1,027 / Sq Ft
05/24/2025 05/24/25 Pending -- -- --
05/15/2025 05/15/25 For Sale $1,695,000 -- $917 / Sq Ft
Source: Contra Costa Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,375 $1,580,000 $1,255,000 $325,000
2024 $2,375 $115,906 $38,413 $77,493
2023 $2,317 $113,634 $37,660 $75,974
2022 $2,281 $111,407 $36,922 $74,485
2021 $2,219 $109,224 $36,199 $73,025
2019 $2,136 $105,986 $35,126 $70,860
2018 $2,066 $103,909 $34,438 $69,471
2017 $2,011 $101,872 $33,763 $68,109
2016 $1,953 $99,875 $33,101 $66,774
2015 $1,898 $98,375 $32,604 $65,771
2014 $1,856 $96,449 $31,966 $64,483
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Contra Costa Association of REALTORS®

MLS Number: 41094439

Contra Costa Association of REALTORS®

APN: 179-175-011-8