
Berkeley, California 94703
Analysis of 1545 Dwight Way, Berkeley, California 94703 is currently available with a list price of $2,400,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Berkeley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1886, this historic property features a kitchen and bathrooms that appear to have been renovated 20-30 years ago, making them dated by modern standards. While the home is functional and includes safety retrofits like fire sprinklers, the visible wear on flooring, weathered exterior fencing, and aged cabinetry indicate it needs minor repairs and significant cosmetic updates.
As Berkeley’s oldest Victorian home and a Stick-Eastlake masterpiece by Alphonso Herman Broad, the property offers unparalleled architectural heritage and landmark status.
With over 6,300 square feet and 16 bedrooms, the residence provides rare flexibility for co-housing, multi-generational living, or high-capacity investment projects.
Situated in the historic Spaulding Tract near Berkeley’s vibrant dining and cultural hubs, the property also features desirable views of the Bay Area bridges.
The property is currently tenant-occupied, which may complicate immediate possession, renovations, or the implementation of new management strategies under local rent laws.
Given its 1886 construction and massive footprint, the home likely requires significant ongoing investment for historic preservation and modern infrastructure upgrades.
Own a piece of Berkeley history at 1545 Dwight Way, the city’s oldest Victorian home. Built in 1886 by legendary architect Alphonso Herman Broad, this Stick-Eastlake masterpiece is a landmark of craftsmanship and scale. Spanning an incredible 6,379 square feet, the residence features over 16 bedrooms and 7 bathrooms across a 9,025-square-foot lot. Whether you envision a grand multi-generational estate, a visionary co-housing project, or a unique investment, the possibilities are as vast as the home itself. From the intricate woodwork to the steep gabled roofs, every detail reflects the rich architectural heritage of the historic Spaulding Tract. Currently tenant-occupied and situated just moments from Berkeley’s vibrant dining and culture, this is more than a home—it’s a legacy. Don’t miss this once-in-a-lifetime opportunity to preserve and reimagine a true local treasure.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 16.0 | 3.0 | 97% |
| Baths | 7.0 | 2.0 | 97% |
| Square foot | 6,379 | 1,228 | 97% |
| Lot Size | 9,025 | 4,227.5 | 97% |
| Price | $2.40M | $1.29M | 94% |
| Price per sq ft | $376 | $844 | 3% |
| Built year | 1886 | 1914 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 119 | 3% |
May 26, 2026
$2,400,000
Initial Listing
Jan 18, 2013
$835,000
Public Record
Mar 10, 2006
$450,000
Public Record
Sep 29, 2005
$324,545
Public Record
Jan 29, 2004
$300,000
Public Record