Property Overview:
1886 Rainbow View Dr is a single-family home in Walnut Creek, CA, built in 1992. It features 4 bedrooms, 3 bathrooms, and 3,862 sq. ft. of living space. The home includes a three-car garage, two master suites, and has been recently reduced by $45,000 for an estimated value of $1,419,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 6.1% (lower than state average of 11.8%).
- Property crime risk: 8.3% (lower than state average of 10.8%).
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Schools:
Nearby schools include Acalanes Center for Independent Study, Parkmead Elementary, M. H. Stanley Middle, and Central County Special Education Programs.- Average SAT score: 1191 (611 Math, 580 English)—well above the state average of 975.
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Job Market:
- 75.8% white-collar jobs, 24.2% blue-collar jobs.
- Unemployment rate: 2.5% (lower than state average of 4.7%).
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Demographics:
- Community population: 16,317 (15.7% growth since 2000).
- 50.5% families with children.
- Largest age group: 75-84 years (20.58%); second largest: 65-74 years (15.11%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 42.4°F (January), 72.0°F (July).
- Average rainfall: 27.6 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $71,428.
- Average annual spending: $54,759.
Property Features:
- Recently reduced $45,000—excellent value with motivated sellers.
- Over 3,800 sq. ft. and only 12 years old (per listing).
- Many upgrades:
- Two master suites
- 22 ft. bonus room
- In-law set-up
- Tile roof
- Dual pane windows
- Two staircases
- Oversized three-car garage
- Urban/suburban living on nearly an acre with expansive views and gorgeous outdoor spaces.
- High ceilings, two decks, open plan, bright and light.
- Fireplaces in both the formal living room and family room.
- Top-of-the-line kitchen and family room open to the outdoors.
- Primary bedroom with panoramic views, multiple closets, and luxury en suite bath.
- Downstairs: Media room, wine cellar, and flexible bedroom/bath (home office or au pair unit with separate entrance).
Location Benefits:
- Minutes from downtown Walnut Creek dining and shopping.
- Hilltop cul-de-sac with maximum privacy.
- Perfect for entertaining and family living.
- Easy access to amenities and commuter routes.