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!!!
Sold for $1,899,450
$1,899,450
586 Lakewood Cir, Walnut Creek, CA 94598
4beds
1,849sqft
Single Family Residence
Built in 1950
0.33 Acres Lot
$2,047,200 Zestimate®
$1,027/sqft
$5,388 Estimated rent
Home value
$2,047,200
$1.78M - $2.35M
$5,388/mo
Zestimate® history
Owner options
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$5,388/mo
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$5,388/mo
Rent Zestimate®
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$11,983/mo
Est. payment
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$11,983/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Angela Clay DRE #01361143 925-207-9366,
Dudum Real Estate Group
Bought with:
Kelly McCormick, DRE #01033798
Christie's Intl Re Sereno
Source: CCAR,MLS#: 41094439
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- Partial bathrooms: 1
Rooms
- Room types: 4 Bedrooms, Family Room
Kitchen
- Features: Dishwasher, Range/Oven Built-in
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Range
- Laundry: In Kitchen
Features
- Flooring: Linoleum, Wood
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 1,849
- Total interior livable area: 1,849 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Pool features: None
- On waterfront: Yes
- Waterfront features: Waterfront
Lot
- Size: 0.33 Acres
- Features: Level, Premium Lot, Back Yard, Front Yard
Details
- Parcel number: 1791750118
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Other
- Roof: Other
Condition
- Existing
- New construction: No
- Year built: 1950
Utilities & green energy
- Electric: No Solar
Community & HOA
Community
- Subdivision: Lakewood
HOA
- Has HOA: No
Location
- Region: Walnut Creek
Financial & listing details
- Price per square foot: $1,027/sqft
- Tax assessed value: $1,580,000
- Annual tax amount: $18,485
- Date on market: 5/15/2025
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2025 | Sold | $1,899,450+12.1%$1,027/sqft |
Source:  CCAR #41094439 Report a problem | ||
| 5/27/2025 | Pending sale | $1,695,000$917/sqft |
Source:  bridgeMLS/CCAR/Bay East AOR #41094439 Report a problem | ||
| 5/15/2025 | Listed for sale | $1,695,000$917/sqft |
Source: bridgeMLS/CCAR/Bay East AOR #41094439 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,485 +678.4% | $1,580,000 +1263.2% |
| 2024 | $2,375 +2.5% | $115,906 +2% |
| 2023 | $2,317 +1.6% | $113,634 +2% |
| 2022 | $2,281 +2.8% | $111,407 +2% |
| 2021 | $2,219 +3.2% | $109,224 +1% |
| 2020 | $2,151 +0.7% | $108,105 +2% |
| 2019 | $2,136 +3.4% | $105,986 +2% |
| 2018 | $2,066 +2.8% | $103,909 +2% |
| 2017 | $2,011 +2.9% | $101,872 +2% |
| 2016 | $1,953 +5.2% | $99,875 +1.5% |
| 2015 | $1,856 | $98,375 +2% |
| 2014 | $1,856 | $96,449 +0.5% |
| 2013 | -- | $96,014 +2% |
| 2012 | -- | $94,133 +2% |
| 2011 | -- | $92,288 +0.8% |
| 2010 | -- | $91,599 -0.2% |
| 2009 | -- | $91,818 +2% |
| 2008 | -- | $90,019 +2% |
| 2007 | -- | $88,254 +2% |
| 2006 | -- | $86,525 +2% |
| 2005 | -- | $84,829 +2% |
| 2004 | -- | $83,166 +1.9% |
| 2003 | -- | $81,642 +2% |
| 2002 | -- | $80,042 +2% |
| 2001 | -- | $78,473 |
Find assessor info on the county website
Neighborhood: 94598
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Nearby schools
GreatSchools rating
- 10/10Indian Valley Elementary SchoolGrades: K-5Distance: 0.6 mi
- 9/10Walnut Creek Intermediate SchoolGrades: 6-8Distance: 0.8 mi
- 10/10Las Lomas High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$2,047,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,047,200
- California
- Contra Costa County
- Walnut Creek
- 94598
- 586 Lakewood Cir
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