
8765 Terrace Drive, El Cerrito, CA 94530
8765 Terrace Drive, El Cerrito, CA 94530
Property Description
First time on the market in 50 years, this once-in-a-generation single-level estate at 8765 Terrace Drive in El Cerrito sits on nearly half an acre of completely flat, usable land behind a private entry gate. The sprawling, park-like grounds set the stage for a home built for entertaining, with panoramic views enjoyed from the kitchen, formal dinning room, living room, and primary suite. Vaulted tongue-and-groove wood ceilings grace the formal dining room, living room, and primary suite, while the gourmet kitchen showcases a 60” Viking stove and beautiful cabinetry, opening to a wooden deck on one side and a sunken family room on the other. The 4-bedroom, 2.5 bath layout is complemented by a detached, temperature-controlled wine room holding up to 500 bottles with its own side patio. A three-car garage with deep storage closets, and a generous garden shed tucked behind the garage add to the high points of this home. Owned solar panels paired with two Enphase battery backup system, two central heating and air conditioning units, and low-maintenance and manicured yard round out this rare offering - a true legacy home ready for its next family. Views: Downtown
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 4 active · 5 closed
El Cerrito · Single Family Residence
Listed 38.8% above the median closed sale of $1,800,000. Price per sqft ($763) is a 12% premium to closed comps ($682). Closed comps sold at 133% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Positioned above the market — commands a premium.
Active Properties (4)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1234 Contra Costa Dr | El Cerrito | 1950 | 3 | 4 | 2,840 | 11,900 | $616 | $1.75M | 32 | 58 |
| 1140 Arlington Blvd. | El Cerrito | 1966 | 5 | 3 | 2,803 | 10,000 | $606 | $1.70M | 18 | 56 |
| 885 Shevlin Dr | El Cerrito | 1955 | 4 | 3 | 2,738 | 5,750 | $474 | $1.30M | 23 | 54 |
| 857 Balra Dr | El Cerrito | 1949 | 4 | 4 | 2,823 | 4,600 | $708 | $2.00M | 137 | 51 |
| Total: 4 · Average | 4.0 | 3.5 | 2,801 | 8,062.5 | $601 | $1.69M | 52.5 | |||
| Median | 2,823 | $1.75M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 955 Galvin Dr | El Cerrito | 1969 | 08/10/2026 | 4 | 4 | 3,222 | 7,700 | $1.45M | $1.80M | $559 | 1.24 | 25 | 71 |
| 6025 Jordan Ave | El Cerrito | 1978 | 05/22/2026 | 4 | 3 | 2,509 | 6,300 | $899,000 | $1.52M | $606 | 1.69 | 22 | 66 |
| 8505 Maiden Ln | El Cerrito | 1997 | 08/28/2026 | 4 | 3 | 2,699 | 12,790 | $1.70M | $1.70M | $630 | 1.00 | 70 | 59 |
| 7355 Stockton Ave | El Cerrito | 1950 | 06/05/2026 | 4 | 3 | 2,467 | 8,800 | $1.29M | $2.23M | $902 | 1.72 | 22 | 55 |
| 8640 Terrace Dr | El Cerrito | 1948 | 09/04/2026 | 5 | 5 | 2,533 | 5,600 | $1.80M | $1.80M | $713 | 1.00 | 127 | 55 |
| Total: 5 · Average | 4.2 | 3.6 | 2,686 | 8,238 | $1.81M | $1.81M | $682 | — | 53.2 | ||||
| Median | 2,533 | $1.80M | $1.80M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.