117 Payot Ct, Alameda, California 94502, Alameda, 94502 - 4 bed, 3 bath
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Alameda, California 94502
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,280,000—positioned well below the $1,320,810 Fair Market Value by 3%. This valuation gap offers $40,810 in Instant Equity. Featuring a Condition Rating of 2, the home includes a renovated kitchen and updated baths. Located in a top-tier school district with Amelia Earhart Elementary and Lincoln Middle School, this property is an ideal choice for Owner-Occupants or growing families seeking a move-in ready home in a prime cul-de-sac.
Move-in ready 4BR/3BA home in Alameda. Features updated kitchen, vaulted ceilings, and top-rated schools. Priced below market value for instant equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 117 Payot Ct Subject | $1,280,000* List Price | 4 | 3 | 1,710 | $772 | - |
A 1129 Clarke Ln Sold | $1,350,000 | 4 | 3 | 1,692 | $798 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1987, the property has undergone a comprehensive recent renovation within the last 5 years. The kitchen features modern quartz countertops and stainless steel appliances, and all bathrooms have been fully updated with contemporary vanities, LED mirrors, and a jetted tub. The interior shows mint condition with updated flooring and vaulted ceilings, requiring no immediate maintenance.
Elementary School: Amelia Earhart Elementary School (9/10). Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
The home features a rare main-level bedroom and full bath, ideal for guests or multi-generational living, complemented by stylish vaulted ceilings that enhance the sense of space.
The property is zoned for highly-rated schools, including Amelia Earhart Elementary and Lincoln Middle School, providing significant long-term value for families.
The 3,350 square foot lot is relatively compact for a four-bedroom residence, which may limit outdoor recreational space compared to other single-family homes in the area.
The current list price of $1.28M is notably lower than the 2022 sale price of $1.457M, indicating a significant price adjustment that may concern some investors.
Stylish 4 bedroom, 3 bath home with vaulted ceilings in Heritage/Bay Farm. Full bedroom & bath on main level. Cul-de-sac location with convenient guest parking. Updated kitchen with granite counters, ample cabinetry, stainless steel appliances. Vaulted ceilings in living room with a fireplace. Dining area located off of the kitchen. All updated baths, one with jetted tub. Primary bedroom with a private bath, vaulted ceiling. Private backyard with pergola, sitting bench and mature greeneries. Attached two car- garage. Great location close to guest parking. Two parks located in the development. Close to top performing schools, Golf, public park, walking/bike paths, transportation, Golf and shopping center.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 3.2 mi
Grades K-5 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,710 | 1,710 | 50% |
| Lot Size | 3,350 | 3,600 | 38% |
| Price | $1.28M | $1.35M | 46% |
| Price per sq ft | $749 | $723 | 54% |
| Built year | 1987 | 1986 | 54% |
| HOA | $215.0 | $269 | 46% |
| Days on market | 7 | 100 | 8% |
May 30, 2026
$1,280,000
Initial Listing
Mar 25, 2022
$1,457,000
Public Record