Affordable Condos in Walnut Creek

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Affordable Condo Living in Walnut Creek: Top Picks Under $500,000

If you’re looking to own real estate in Walnut Creek without a million-dollar budget, there are still options under $500,000. Walnut Creek offers several condo complexes that are perfect for first-time buyers or those who want to enjoy the perks of downtown living without the high price tag. Let’s explore three affordable options that offer both value and convenience.

1. The Keys: Spacious Units Near Downtown Walnut Creek

The Keys is the largest condo complex in Walnut Creek, located just north of downtown. With over 700 units, The Keys has a unique, urban feel and offers spacious one- and two-bedroom condos. Built in the 1970s, these condos feature higher ceilings and private patios, though they lack modern amenities like in-unit washers and dryers. While the HOA dues are a bit higher, the resale value and convenient location make it a solid investment choice. Perfect for those who want to be close to Walnut Creek’s bustling downtown.

2. Greenwood Condos: Affordable and Central

Located across from Safeway and near the Iron Horse Trail, Greenwood Condos is another affordable option in downtown Walnut Creek. These condos, also built in the early 1970s, provide budget-friendly one-bedroom units in a well-maintained complex. Surrounded by redwood trees, the ground-floor units can feel a bit shaded, but the location and affordability make Greenwood an ideal choice for budget-conscious buyers who want proximity to downtown shops, restaurants, and trails.

3. Diablo Hills Condos: Spacious Living Near Heather Farm Park

For those who want a bit more space and scenic surroundings, Diablo Hills Condos offers a quieter setting near Diablo Hills Golf Course and Heather Farm Park. Located off Ignacio Valley Road, this former apartment complex feels less crowded while still being just a quick drive from downtown Walnut Creek. The amenities include a pool and clubhouse, though, like the other affordable complexes, it lacks in-unit laundry. Note that Diablo Hills has rental restrictions, making it best suited for owner-occupants.

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