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Unlock a rare, high-value development opportunity in the heart of Walnut Creek.

$3,100,000

2641 Larkey Ln, Walnut Creek, CA 94597

Active
Last Updated: 02/23/2026

876 sqft

Building Size

3.9 acres

Lot Area

Details:
Building Size:    876 sqft
Lot Area:    3.9 acres
Year Built:    1949
Floors:    1
Highlights:
  • Rare senior housing land opportunity in a supply-constrained market
  • * Entitlement momentum in place – Defined approval pathway significantly reduces development risk
  • * Supply-constrained Bay Area market – Limited competing senior housing inventory
  • * Strong demographic tailwinds – Affluent, aging population driving long-term demand
  • * Efficient, financeable scale – 95 units optimized for construction feasibility
  • * Multiple exit strategies – Build-to-hold, recapitalize, or sell stabilized asset
Description:

2641 Larkey Lane offers 3.9 acres of prime infill land, zoned PD and recently approved for a Senior Housing development site (more specifically, a 95-unit Assisted Living + Memory Care community)—positioning you to move forward with clarity and confidence. 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.



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.

Map:
Documents:
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NEW_Offering_Memorandum__P_.pdf
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NEW_Offering_Memorandum__P_.pdf
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Location
Gallery