**Exceptional value in downtown Concord!** Offered at just **$315,000**, this 2-bedroom, 2-bath Lake Terrace condominium presents an outstanding opportunity to own a spacious home with beautiful views at an attractive price. Overlooking Ellis Lake Park, this approximately 1,025-square-foot residence combines comfort, convenience, and an enviable location. The home features abundant natural light, laminate flooring throughout, a fireplace, in-unit laundry, Central Air Conditioning and a private covered balcony where you can relax while enjoying peaceful park and lake views. The functional open-concept floor plan connects the kitchen, dining area, and great room, creating an inviting space for everyday living and entertaining. The kitchen features newer appliances, including a refrigerator, dishwasher, countertop microwave, and electric range with hood, plus a convenient breakfast bar. The spacious primary suite offers two closets and an ensuite bath with a stall shower. The secondary bedroom enjoys easy access to the full hall bath, complete with dual vanity sinks and a tub. Water heater updated in 2024. Residents of the gated Lake Terrace community enjoy elevator access, a community pool and spa, private storage, and covered parking. Ideally located near Todos Santos Plaza, shopping, dining, Concord BART, and major freeway access, this home offers a rare opportunity to enjoy desirable community amenities, and the convenience of downtown Concord living—all at an exceptional price.