
Alameda, California 94502
This Stunning Waterfront Residence is a Strong Value Opportunity, listed at $1,449,000—positioned well below the $1,545,402 Fair Market Value by 6%. This valuation gap offers $96,402 in Instant Equity for the buyer. Featuring a Mint Condition Rating with modern designer finishes, this home offers a 180-degree panoramic lagoon view and access to top-rated schools like Amelia Earhart Elementary. It is an ideal sanctuary for discerning professionals or families seeking a turnkey, high-lifestyle property in the prestigious Harbor Bay community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 119 Diapian Bay Subject | $1,449,000* List Price | 3 | 3 | 2,083 | $742 | - |
A 114 Fundy Bay Sold | $1,623,900 | 4 | 3 | 2,329 | $697 | 0.1 mi |
B 1129 Clarke Ln Sold | $1,350,000 | 4 | 3 | 1,692 | $798 | 0.9 mi |
C 151 Purcell Drive Active | $1,295,000 List Price | 3 | 3 | 2,370 | $546 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1991, the property has undergone a comprehensive recent renovation (likely within the last 5 years) as evidenced by the modern wide-plank flooring, updated shaker-style kitchen cabinetry with stone countertops, and designer lighting. The interior is in mint, move-in ready condition with no visible maintenance needs.
Elementary School: Amelia Earhart Elementary School (9/10). Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
The property features a rare 180-degree panoramic view of the tranquil lagoon from a private rear patio, offering a premium waterfront living experience.
Located in the highly sought-after Harbor Bay community, the home provides access to top-tier schools including Amelia Earhart Elementary and Alameda High, both rated 9/10.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2100, living area = 2083.
With a lot size of only 2,100 sqft for a 2,083 sqft residence, there is very little outdoor yard space available beyond the immediate patio area.
The property is subject to a $388 monthly association fee, which increases the total cost of ownership compared to non-HOA single-family residences.
Welcome to your dream waterfront retreat at 119 Diapian Bay, a beautiful Mediterranean-style home that has been freshly decorated with sophisticated designer flair. The main level immediately impresses with its grand, soaring ceilings, creating a bright and airy flow that leads seamlessly to your private rear patio retreat where you can soak in a fabulous, nearly 180-degree panoramic view of the tranquil lagoon. Upstairs, the premium features continue in the large primary suite, boasting dramatic cathedral ceilings and an expansive, custom walk-in closet designed for ultimate organization. Located in the highly sought-after Harbor Bay community, this exceptional neighborhood offers residents access to top-ranking local schools. This elegant 3-bedroom, 2.5-bathroom residence gives you effortless access to a lovely community pool and scenic lagoon walking paths while keeping you incredibly close to all local shopping, dining, and neighborhood amenities.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 3.4 mi
Grades K-5 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,083 | 2,099.5 |
| Lot Size | 2,100 | 5,000 |
| Price | $1.45M | $1.46M |
| Price per sq ft | $696 | $779 |
| Built year | 1991 | 1931 |
| HOA | $388.0 | $180 |
| Days on market | 5 | 35 |
Jul 17, 2026
$1,449,000
Initial Listing