16353 Panoramic Way, Castro Valley, California 94578, Castro Valley, 94578 - 4 bed, 2 bath
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16353 Panoramic Way
Castro Valley, California 94578
ACTIVE
CONDITION: FAIR
4Beds
2Baths
1,498Sq Ft
5,400Lot Size
Property Price
LIST PRICE$699,000
EST. MARKET VALUE
$727,664
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $699,000—positioned well below the $727,665 Fair Market Value by 3%. This valuation gap offers $28,665 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires cosmetic updates, yet offers a functional layout with a private primary suite and Hill Views. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build equity through renovation in an established neighborhood.
Estimated Market Value
$727,664+$28,664 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Castro Valley.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16353 Panoramic Way Subject 4 bd · 2 ba · 1,498 sqft · $486 | $699,000* List Price | 4 | 2 | 1,498 | $486 | - |
A 16871 Ehle St Sold 5 bd · 2 ba · 1,920 sqft · $422 · 0.6 mi | $810,000 | 5 | 2 | 1,920 | $422 | 0.6 mi |
B 1657 162nd Ave Sold 3 bd · 2 ba · 1,424 sqft · $565 · 0.5 mi | $805,000 | 3 | 2 | 1,424 | $565 | 0.5 mi |
C 16701 Liberty Street Sold 3 bd · 3 ba · 1,560 sqft · $394 · 0.6 mi | $615,000 | 3 | 3 | 1,560 | $394 | 0.6 mi |
D 16805 President Dr Active 3 bd · 2 ba · 1,454 sqft · $413 · 0.5 mi | $599,950 List Price | 3 | 2 | 1,454 | $413 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1954, this 70-year-old home is functional but dated, with the listing explicitly calling for cosmetic updates and personal touches. While it features some mid-life upgrades like double-pane windows and forced-air heat, the kitchen and baths likely exceed the 20-year age threshold, placing it firmly in the fair category requiring modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Equity Building Opportunity
Priced competitively for a quick sale, this property presents a significant opportunity for investors or handy homeowners to build immediate equity through cosmetic renovations.
- Functional Floor Plan
The 1,498 sq ft layout is well-distributed with a private upstairs primary suite and three main-level bedrooms, offering a versatile living arrangement for families.
- Desirable Core Features
The home includes valuable existing elements such as hardwood flooring, double-pane windows, a wood-burning fireplace, and hill views, providing a solid foundation for updates.
CONSRISKS & DEFICIENCIES
- Deferred Maintenance
The property is noted as needing cosmetic updates and personal touches, indicating that buyers will need to budget for immediate post-sale improvements.
- Limited Showing Availability
The lack of open houses and requirement for appointment-only viewings may restrict buyer traffic and limit exposure in a fast-moving market.
About 16353 Panoramic Way
Priced for a quick sale! Bring your vision to this 1954 two-story San Leandro home w/ tremendous potential. Offering 4 bedrooms & 2 baths across approx. 1,498 sq ft, the home is ready for your cosmetic updates & personal touches. The main entry level features a formal living room anchored by a wood-burning brick fireplace, an adjacent dining area, a kitchen w/ gas range, 3 bedrooms & a full bath. Upstairs, a private primary suite w/ its own bath offers a quiet retreat. Hardwood & tile floors, double-pane windows, forced-air heat & ceiling fans add everyday comfort. Outside, the fenced rear yard w/ patio is ready for gardening, play, or relaxing evenings, while the attached 2-car garage offers interior access, laundry w/ a 220V outlet & side yard access. Set on an approx. 5,400 sq ft lot on Panoramic Way, this is a rare chance to build equity in an established San Leandro neighborhood. Opportunities like this don’t last. No Open Houses - By Appointment Only
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 5,400 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.4 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,498 | 1,782.99 |
| Lot Size | 5,400 | 7,378.72 |
| Price | $699.0K | $1.26M |
| Price per sq ft | $467 | $700 |
| Built year | 1954 | 1958 |
| HOA | $0 | $201 |
| Days on market | 2 | 39 |
Pricing History
Listed for Sale
Oct 22, 2026
$699,000
Initial Listing
Sold
Nov 15, 2002
$439,000
Public Record
Sold
Apr 30, 1999
$168,000
Public Record