- For Sale $3,100,000
- Property Type VacantLand
- Property Size 876 SF
- Lot Size 3.9 Acre
- Year Built 1949
- Date Updated May 14, 2026
Description
Discover the vibrant surroundings of the property in Walnut Creek, CA, 94597. As one of the East Bay's premier business locations, this area attracts investors seeking prime Land and Office opportunities. Enjoy convenient access to notable destinations such as Broadway Plaza, offering upscale retail and dining experiences. The location is also near the Lesher Center for the Arts, providing cultural enrichment and entertainment options. With its proximity to beautiful parks, top-rated schools, and a thriving business community, Walnut Creek presents a compelling investment proposition for Land and Office investors looking for a dynamic and prosperous locale.2641 Larkey Lane offers 3.9 acres of prime infill land, zoned PD and a potential opportunity for a Senior Housing development site (more specifically, a 95-unit Assisted Living + Memory Care community) or residential. High barriers to entry protect future value, while the infill location ensures lasting desirability. This is a rare chance to deliver much-needed senior housing in one of the Bay Area’s most sought-after communities.
Highlights
- Efficient, financeable scale – 95 units optimized for construction feasibility
- Entitlement momentum in place – Defined approval pathway significantly reduces development risk
- Multiple exit strategies – Build-to-hold, recapitalize, or sell stabilized asset
- Rare senior housing land opportunity in a supply-constrained market
- Strong demographic tailwinds – Affluent, aging population driving long-term demand
- Supply-constrained Bay Area market – Limited competing senior housing inventory
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Contacts
Brian Merrion
eXp Commercial
Location
Located at 2641 Larkey Ln, Walnut Creek, CA 94597, this property is part of the Palos Verde neighborhood and Bay Area market.
Contact Listing Broker
Brian Merrion
eXp Commercial