
Alameda, California 94501
This Single Family Residence represents a Strong Value Opportunity, listed at $1,999,999—positioned above the $1,883,919 Fair Market Value. While the price reflects a premium for the location, the property offers significant lifestyle utility with an 8,050 sqft lot and a versatile detached studio. Featuring a Condition Rating of 4, the home is move-in ready with classic charm. Located in the Alameda City Unified district near top-rated schools like Donald D. Lum Elementary, this property is an ideal acquisition for Owner-Occupants or remote professionals seeking a long-term, high-value sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1280 Caroline St Subject 3 bd · 3 ba · 2,030 sqft · $928 | $1,999,999* List Price | 3 | 3 | 2,030 | $928 | - |
A 1112 San Antonio Ave Sold 2 bd · 2 ba · 1,943 sqft · $746 · 0.1 mi | $1,450,000 | 2 | 2 | 1,943 | $746 | 0.1 mi |
B 1616 Dayton Ave Sold 4 bd · 3 ba · 2,834 sqft · $882 · 0.4 mi | $2,500,000 | 4 | 3 | 2,834 | $882 | 0.4 mi |
C 1318 Clinton Ave Sold 4 bd · 3 ba · 2,580 sqft · $993 · 0.3 mi | $2,562,500 | 4 | 3 | 2,580 | $993 | 0.3 mi |
D 632 Waterview Sold 3 bd · 2 ba · 1,718 sqft · $902 · 0.6 mi | $1,550,000 | 3 | 2 | 1,718 | $902 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1941, the home is exceptionally well-maintained but the primary systems and finishes, specifically the kitchen's oak cabinetry and tile flooring, reflect a renovation likely performed 20-25 years ago. It is functional and move-in ready but considered dated by modern standards.
Elementary School: Donald D. Lum Elementary School (9/10). High School: Alameda High School (9/10).
Situated on a quiet cul-de-sac in Alameda's most prestigious neighborhood, this property offers rare privacy and high long-term value within a top-rated school district.
The oversized 8,050 sqft lot provides exceptional 'breathing room' for gardening and entertaining, a significant rarity for the area that enhances the property's appeal.
Built in 1941, the home may require significant investments in modern system upgrades or seismic retrofitting common to properties of this era.
With a list price near $2 million for a three-bedroom layout, the property sits at a high price-per-square-foot that may challenge buyers seeking more modernized interiors.
Welcome to 1280 Caroline Street, a rare 1941 gem tucked onto a quiet cul-de-sac in Alameda's desirable Gold Coast neighborhood. This is the kind of address people wait years for, and it is easy to see why. Set on an extra-large lot, the property offers the kind of breathing room that simply does not come along often; room to garden, to entertain, to let the dog run, and to finally exhale. This 3-bedroom, 2.5-bathroom home offers a retreat with a grand entrance, gorgeous original hardwood floors, a large formal living room, dining, and bonus room for whatever strikes you. The kitchen has double French doors leading out to the deck and all that the expansive backyard retreat has to offer. Pull up to the beautiful front landscaping, including the grand maple tree shading the front yard, and the established garden throughout the property. And then there is the detached building. Originally a garden room, then converted into two separate spaces, offering incredible flexibility and lifestyle upgrades. Call it a studio, a workshop, a creative retreat, a home office, or the beginning of a future ADU.* Whatever you call it, it changes the math on how you can live here. Whether you are an artist, a builder, a remote worker, or simply someone who's always wanted a space that is purely yours, this property delivers. Enjoy gorgeous tree-lined streets, peaceful surroundings, and a location just blocks from parks, schools, cafes, restaurants, and shops. It's a close-knit community that people are proud to call home and rarely leave. Open House: Saturday and Sunday, 2-4 p.m.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 4-5 • 0.6 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,030 | 1,790.196 |
| Lot Size | 8,050 | 4,403.078 |
| Price | $2.00M | $1.42M |
| Price per sq ft | $985 | $831 |
| Built year | 1941 | 1928 |
| HOA | $0 | $269 |
| Days on market | 22 | 37 |
Oct 2, 2026
$1,999,999
Initial Listing