1149 Bismarck Ln, Alameda, California 94502, Alameda, 94502 - 2 bed, 2 bath
Loading property details...
Alameda, California 94502
This Renovated Turnkey Townhome is a Prime Investment Opportunity listed at $719,000—positioned well below the $737,811 Fair Market Value by 2%. This valuation gap offers $18,811 in Instant Equity. Featuring a Condition Rating of 3, the interior boasts a renovated granite kitchen, stainless steel appliances, and a private backyard patio. Situated within a Top-Rated School District including Amelia Earhart Elementary (9/10) and Alameda High (9/10), this property perfectly balances financial upside with a premium lifestyle. It is an ideal match for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1149 Bismarck Ln Subject | $699,000* List Price | 2 | 2 | 1,240 | $580 | - |
A 1119 1119 Camino Del Valle Sold | $729,000 | 2 | 2 | 1,180 | $618 | 0.3 mi |
B 3201 Fiji Lane Sold | $800,000 | 2 | 2 | 1,274 | $628 | 0.1 mi |
C 3032 Linda Vista Sold | $779,000 | 3 | 2 | 1,280 | $609 | 0.4 mi |
D 1104 Verdemar Dr Sold | $694,000 | 2 | 2 | 1,188 | $584 | 0.3 mi |
E 3521 Oleander Sold | $689,000 | 3 | 2 | 1,312 | $525 | 0.3 mi |
F 3308 Fir Ave Sold | $755,000 | 2 | 2 | 1,347 | $561 | 0.1 mi |
G 3201 Phoenix Ln Pending | $799,000 List Price | 2 | 2 | 1,274 | $627 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant updates that exceed its 1970 build year. Key improvements include a renovated kitchen with granite countertops, custom cabinetry, and stainless steel appliances, as well as two updated bathrooms. The interior is well-maintained with refinished hardwood floors, new upstairs carpeting, and energy-efficient dual-pane windows and sliding doors, meeting the criteria for a well-maintained home with modern functional systems.
Elementary School: Amelia Earhart Elementary School (9/10). Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
The townhome features a fully renovated kitchen with granite countertops and stainless steel appliances, along with refinished wood floors and new carpeting, offering a move-in-ready experience.
Perfectly situated in a quiet courtyard directly across from the clubhouse, residents enjoy immediate proximity to the community pool, basketball, and tennis courts.
The association fee of $583 per month is a significant recurring expense that may impact the overall affordability and budget for prospective buyers.
With only one full bathroom and one half-bath, the layout may be less convenient for families or guests compared to modern townhomes that typically offer two full baths.
New price for this stunning 2 bedroom, 1.5 bath Islandia townhome located in a lovely courtyard across from the clubhouse. Renovated kitchen with granite counters, custom cabinets and stainless steel appliances. New upstairs carpets and refinished wood floors downstairs. Dual pane windows and sliding doors. Primary bedroom with a private bath, vaulted ceiling and a balcony that faces the courtyard. Spacious second bedroom with a walk-in closet. Both of the baths have been updated. Indoor laundry room with storage shelves. Private backyard patio. Detached two car garage with a foll-up door. Located close to the clubhouse, pool, basketball and tennis courts. Open Saturday 4/18 & 4/19 from 2 to 4 pm.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 3.4 mi
Grades K-5 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 33% |
| Baths | 2.0 | 3.0 | 33% |
| Square foot | 1,240 | 1,628 | 15% |
| Lot Size | 1,540 | 1,694 | 22% |
| Price | $699.0K | $860.0K | 11% |
| Price per sq ft | $564 | $536 | 74% |
| Built year | 1970 | 1970 | 50% |
| HOA | $583.0 | $583 | 50% |
| Days on market | 38 | 194 | 4% |
Apr 18, 2026
$699,000
$719,000
-3% Price Drop
Initial Listing
Mar 15, 2026
$719,000
Initial Listing