
Alameda, California 94501
This Charming Craftsman Bungalow represents a Prime Investment Opportunity, listed at $850,000—positioned well below the $878,166 Fair Market Value by 3%. This valuation gap provides $28,166 in Instant Equity. With a Condition Rating of 3, the home features preserved period details and a spacious basement with expansion potential. Located near Top-Rated Schools like Alameda High, this property offers a perfect balance of lifestyle and financial stability for Owner-Occupants or first-time buyers seeking a high-demand Alameda location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1811 Lincoln Avenue Subject | $850,000* List Price | 3 | 2 | 1,184 | $742 | - |
A 1821 Grand St Sold | $905,000 | 3 | 2 | 1,350 | $670 | 0.2 mi |
B 1610 Pacific Ave. Sold | $935,000 | 2 | 1 | 1,069 | $875 | 0.2 mi |
C 1915 Alameda Ave Sold | $1,000,000 | 3 | 1 | 1,287 | $777 | 0.3 mi |
D 2516 Buena Vista Ave Sold | $810,000 | 2 | 1 | 891 | $909 | 0.9 mi |
E 1241 1241 Park Ave Sold | $860,000 | 2 | 1 | 997 | $863 | 0.9 mi |
F 1519 Saint Charles St Sold | $765,000 | 2 | 2 | 998 | $767 | 0.7 mi |
G 1725 Bay St Sold | $820,000 | 2 | 1 | 960 | $854 | 0.7 mi |
H 1611 Lea Ct Sold | $730,000 | 2 | 1 | 1,062 | $687 | 0.6 mi |
I 1711 Willow Street Pending | $998,000 List Price | 3 | 2 | 1,308 | $763 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1912, the home is well-maintained and move-in ready with functional updates. The kitchen features stainless steel appliances and stone countertops suggesting a renovation within the 5-15 year range. Hardwood floors are in good condition and the sewer lateral is compliant, though some systems like the wall heaters appear dated.
Elementary School: Donald D. Lum Elementary School (9/10). High School: Alameda High School (9/10).
This 1912 bungalow showcases preserved period character, including rich wood colonnades, a built-in sideboard, soaring ceilings, and original hardwood floors that appeal to heritage home enthusiasts.
The property boasts an exceptional walkability score, located minutes from top-rated Alameda High School, local beaches, and the popular shopping and dining corridors of Park Street and Encinal Avenue.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1184, other record living area = 944. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At 2,990 square feet, the lot is relatively compact for the area, which may limit privacy and significant outdoor recreational space compared to larger suburban parcels.
With three bedrooms configured within 1,184 square feet, the individual room scales and common areas may feel constrained for families requiring more spacious modern living proportions.
A captivating Craftsman bungalow where charming character, thoughtful updates, and the quintessential Alameda lifestyle come together beautifully. Nestled in Alameda's sought-after Mid-Island neighborhood, this enchanting single-story home is just moments from the beach, marina, Franklin Park and pool, Love Elementary, Wood Middle, Alameda High, the main library, movie theater, and the shops and restaurants along Encinal Avenue and Park Street. From the stately magnolia in front to the blooming plum tree in the spacious backyard, this is a home that feels both special and enduring. Inside, classic Craftsman architecture showcases rich period details, soaring ceilings, gleaming hardwood floors, oversized windows, and exceptional craftsmanship. A welcoming foyer offers flexibility as an elegant entry or home office nook. The spacious living room is anchored by a handsome fireplace, while beautiful wood colonnades lead to the formal dining room with its charming built-in sideboard. The generously sized eat-in kitchen features stainless steel appliances, abundant cabinetry, ample prep space, and room for casual dining and gathering. Three spacious bedrooms and two full bathrooms include a welcoming primary suite with French doors opening directly to the backyard, creating seamless indoor-outdoor living. A large basement provides laundry plus abundant space for storage, hobbies, a workshop, or future possibilities. Outside, the expansive backyard is a private retreat where hummingbirds and butterflies visit throughout the seasons. Whether entertaining friends, dining under the stars, gardening, or simply relaxing, this inviting outdoor space offers endless opportunities to enjoy California living. Ideally located in the heart of Alameda, the home is close to top-rated schools, parks, shopping, dining, healthcare, and convenient transportation. Enjoy nearby beaches, waterfront trails, and spectacular San Francisco skyline views, with easy access to Oakland BART, the San Francisco Ferry, Oakland International Airport, and major commuter routes throughout the Bay Area. Sewer Lateral compliant for lasting value. Rarely does a home offer such a compelling combination of authentic Craftsman architecture, flexible living spaces, an exceptional location, and the warmth that makes a house truly feel like home. Welcome to 1811 Lincoln Ave. Where Timeless Character Meets Limitless Possibility, at a Rare Alameda Value.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades 4-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,184 | 2,099.5 |
| Lot Size | 2,990 | 5,000 |
| Price | $850.0K | $1.46M |
| Price per sq ft | $718 | $779 |
| Built year | 1912 | 1931 |
| HOA | $0 | $180 |
| Days on market | 8 | 35 |
Jul 14, 2026
$850,000
Initial Listing
Mar 30, 2017
$720,000
Public Record