1 Lakeside Dr 821, Oakland, California 94612, Oakland, 94612 - 2 bed, 2 bath
ACTIVE$739,000
1 Lakeside Dr 821, Oakland, California 94612
2Beds
2Baths
1,349Sqft
42,966Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Panoramic Views: This corner unit boasts rare 270° breathtaking views of Lake Merritt, the Oakland skyline, and surrounding hills from every room, offering an exceptional visual experience.
Top Cons:
High Monthly HOA Fees: The association fee of $1,072.00 per month is substantial and could be a deterrent for some buyers, impacting overall affordability.
Compared to the nearby listings
Price:$739.0K vs avg $590.0K (+$149,000)76%
Size:1,349 sqft vs avg 1,222 sqft71%
Price/sqft:$548 vs avg $52265%
More Insights
Built in 2001 (24 years old).
Condition: The property was built in 2001, making it 23 years old. While it appears clean and well-maintained, the kitchen features white appliances, light wood flat-panel cabinets, and dark countertops, which are functional but reflect an early 2000s aesthetic rather than a modern one. The bathroom also shows dated elements with a similar light wood vanity, light-colored countertop, and a Hollywood-style light fixture. The plush carpet flooring throughout the living areas and bedrooms, while described as 'plush,' is also a dated choice for many buyers and may require replacement. The listing mentions 'heaters' but notes a 'lack of central air conditioning,' which is a significant comfort factor. Overall, the unit is move-in ready but requires minor updates to modernize the kitchen and bathrooms and potentially replace flooring to align with current styles and preferences.
Year Built
2001
Close
-
List price
$739K
Original List price
$850K
Price/Sqft
$548
HOA
$1,072
Days on market
-
Sold On
-
MLS number
41100422
Home ConditionFair
Features
Excellent View:
Deck
View-
About this home
Spacious corner unit with 270° lake and city views! This rare 2-bedroom, 2-bath condo at The Essex offers 1,349 sq ft of elevated living with breathtaking views of Lake Merritt, the Oakland skyline, and hills from every room—including a large bonus area ideal for dining, a home office, or reading nook. This light-filled home features plush carpet flooring, 9-foot ceilings, expansive windows, and an open-concept great room and kitchen. The kitchen is equipped with newer appliances, including a stove, dishwasher, refrigerator, microwave oven, and heaters for year-round comfort. The spacious primary suite includes a walk-in closet and a luxurious bathroom with a view. Enjoy 2 indoor parking spaces and access to resort-style amenities: lap pool, spa, fitness center, business center, clubhouse, and 24-hour concierge/security. Just steps from Lake Merritt and close to BART, Grand Lake, Uptown, and Downtown dining and shopping.
Condition Rating
Fair
The property was built in 2001, making it 23 years old. While it appears clean and well-maintained, the kitchen features white appliances, light wood flat-panel cabinets, and dark countertops, which are functional but reflect an early 2000s aesthetic rather than a modern one. The bathroom also shows dated elements with a similar light wood vanity, light-colored countertop, and a Hollywood-style light fixture. The plush carpet flooring throughout the living areas and bedrooms, while described as 'plush,' is also a dated choice for many buyers and may require replacement. The listing mentions 'heaters' but notes a 'lack of central air conditioning,' which is a significant comfort factor. Overall, the unit is move-in ready but requires minor updates to modernize the kitchen and bathrooms and potentially replace flooring to align with current styles and preferences.
Pros & Cons
Pros
Panoramic Views: This corner unit boasts rare 270° breathtaking views of Lake Merritt, the Oakland skyline, and surrounding hills from every room, offering an exceptional visual experience.
Prime Location & Accessibility: Strategically located just steps from Lake Merritt, with convenient access to BART, Grand Lake, Uptown, and Downtown's vibrant dining and shopping scene.
Extensive Building Amenities & Security: Residents enjoy resort-style amenities including a lap pool, spa, fitness center, business center, clubhouse, and 24-hour concierge/security, enhancing lifestyle and peace of mind.
Spacious & Flexible Interior: The 1,349 sq ft corner unit features an open-concept great room, 9-foot ceilings, expansive windows, and a large bonus area perfect for a home office or dining nook.
Dedicated Parking: The inclusion of two indoor parking spaces is a significant advantage in an urban setting, providing convenience and security.
Cons
High Monthly HOA Fees: The association fee of $1,072.00 per month is substantial and could be a deterrent for some buyers, impacting overall affordability.
Lack of Central Air Conditioning: While heaters are mentioned for comfort, the absence of central air conditioning could be a drawback during warmer months, potentially requiring additional cooling solutions.
Recent Price Reductions: The property has undergone significant price reductions from its original listing, which may suggest an initial overvaluation or a struggle to attract buyer interest at previous price points.