Property Overview:
1455 Grove Way is a single-family home in Concord, CA 94518, built in 1941. It features 3 bedrooms, 2 bathrooms, and approximately 2,270 sq. ft. of living space. The home sits on a huge 0.54-acre lot (23,522 sq. ft.), with the house built on one side, offering potential for subdivision. The estimated home value ranges from $870,000 to $911,000. The property was completely renovated with over $235,000 in upgrades, including a new roof, floors, lighting, bathrooms, and HVAC.
Neighborhood Highlights:
-
Crime Rate:
- Personal crime risk: 10.1% (lower than CA average of 11.8%)
- Property crime risk: 14.8% (higher than CA average of 10.8%)
-
Schools:
Nearby schools include El Monte Elementary, Crossroads High, and El Dorado Middle.- Average SAT score: 1191 (higher than state average of 975)
-
Job Market:
- 67.2% white-collar jobs, 32.8% blue-collar jobs
- Unemployment rate: 2.8% (lower than state average of 4.7%)
-
Demographics:
- Community population: 27,040 (9.5% growth since 2000)
- 72.1% families with children
- Largest age group: 45-54 years (16.2%)
-
Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk
-
Weather:
- Average temperature: 42.7°F (January), 71.8°F (July)
- Average rainfall: 24.5 inches/year
- Average snowfall: 0 inches/year
-
Cost of Living:
- Median household income: $74,349
- Average annual spending: $56,129
Property Features:
- Fully renovated with modern finishes and contemporary design
- Open floor plan with hardwood floors and two fireplaces
- Updated kitchen: Granite countertops, stainless steel appliances (dishwasher, gas oven/range, refrigerator, washer/dryer)
- Spa and detached bonus room in the backyard
- Central heating & cooling (new HVAC)
- Attached 2-car garage and extra parking
- Subdivision approved: City has confirmed the lot can be split (10,000 sq. ft. portion), allowing for a separate APN, address, and tax bill after a $3,500 application and three years of residency
- No HOA fees
- Rental estimate: $3,117–$3,988/month
Location Benefits:
- Prime Concord neighborhood near shopping, restaurants, BART, parks, and schools
- Commuter-friendly with easy access to public transportation and major roads
- Nearby amenities: Safeway, Starbucks, local restaurants, Concord Community Park, Markham Nature Area, Todos Santos Plaza
- Endless possibilities for expansion, investment, or multi-generational living
Don’t miss this rare opportunity to own a beautifully renovated home with investment potential and subdivision approval in a desirable Concord location!