16 Castlewood Drive, Pleasanton, California 94566, Pleasanton, 94566 - 4 bed, 3 bath

16 Castlewood Drive, Pleasanton, California 94566 home-pic-0
ACTIVE$998,000$2,220/sqft
16 Castlewood Drive, Pleasanton, California 94566
4Beds
3Baths
2,220Sqft
14,880Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14880, living area = 2220.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

Compared to the nearby listings

Price:$998.0K vs avg $1.76M ($-767,000)1%
Size:2,220 sqft vs avg 2,125 sqft53%
Price/sqft:$450 vs avg $8001%

More Insights

Built in 1964 (62 years old).
Condition: Built in 1964, this property is explicitly marketed as a 'true fixer-upper' and 'offered as-is,' requiring extensive renovation. Images reveal exposed subfloors, exposed wall studs, and very dated components throughout. The kitchen features original-style oak cabinets, tile countertops, and older appliances, while one bathroom has original pink fixtures, indicating no significant updates in decades. Although the description mentions 'great bones,' the interior condition is far from livable without substantial repairs and rehabilitation, aligning with the 'poor' condition criteria.
Year Built
1964
Close
-
List price
$998K
Original List price
$998K
Price/Sqft
$450
HOA
$25
Days on market
-
Sold On
-
MLS number
ML82030346
Home ConditionPoor
Features
Good View:
Deck
View-

About this home

Opportunity knocks at 16 Castlewood Drive - a true fixer-upper located in Pleasanton's highly desirable and well-established Castlewood Community. Bring your tools, creativity, and vision! Offered as-is, this property is ideal for contractors, investors, or savvy buyers seeking a renovation project with strong potential to build equity. The home features great bones and a functional layout. The main level includes a spacious kitchen, dining room, and an expansive living room with vaulted ceilings, along with a laundry room, three generously sized bedrooms, and two full bathrooms. The lower level offers an additional living area, one full bathroom, and a possible fourth bedroom, plus a two-car garage. Enjoy a private backyard with ample space for outdoor dining, gardening, or relaxation. Conveniently located with easy access to I-580 and I-680, and just minutes from Downtown Pleasanton, shopping, dining, and other modern conveniences.

B
Bobo Cai
Listing Agent

Nearby schools

8/10
Phoebe Apperson Hearst Elementary School
Public,K-51.3mi
8/10
Pleasanton Middle School
Public,6-81.6mi
9/10
Foothill High School
Public,9-123.0mi

Price History

Date
Event
Price
11/17/21
Sold
$1,499,500
Condition Rating
Poor

Built in 1964, this property is explicitly marketed as a 'true fixer-upper' and 'offered as-is,' requiring extensive renovation. Images reveal exposed subfloors, exposed wall studs, and very dated components throughout. The kitchen features original-style oak cabinets, tile countertops, and older appliances, while one bathroom has original pink fixtures, indicating no significant updates in decades. Although the description mentions 'great bones,' the interior condition is far from livable without substantial repairs and rehabilitation, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14880, living area = 2220.
Great Schools: High School: Foothill High School (9/10).
Prime Location & Desirable Community: Located in Pleasanton's highly desirable and well-established Castlewood Community, offering convenient access to I-580 and I-680, and just minutes from Downtown Pleasanton, shopping, and dining.
Significant Equity Potential: Marketed as a 'fixer-upper' and 'as-is,' this property is priced to allow for substantial renovation and equity building, especially given its previous sale price of $1.49M.
Strong Foundation & Functional Layout: The home is described as having 'great bones' and a 'functional layout,' providing a solid structural base for a comprehensive renovation project.
Top-Rated School District: Benefits from access to highly-rated public schools, including Phoebe Apperson Hearst Elementary (8), Pleasanton Middle School (8), and Foothill High School (9), a major draw for families.
Generous Lot Size & Private Backyard: Features a large 14,880 sqft lot with a private backyard, offering ample space for outdoor dining, gardening, relaxation, and potential landscaping enhancements.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Extensive Renovation Required: The property is explicitly a 'true fixer-upper' and 'offered as-is,' indicating that significant and potentially costly renovations are necessary throughout the home.
Outdated Systems and Finishes: Built in 1964, the home likely has original or aged systems (e.g., electrical, plumbing, HVAC) and interior finishes that will require modernization to meet contemporary standards and buyer expectations.
Substantial Immediate Capital Outlay: Buyers must be prepared for a considerable financial investment beyond the purchase price to complete necessary repairs and upgrades, as the property is not move-in ready.
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