
Alameda, California 94501
This Bayfront Condominium represents a Prime Investment Opportunity, listed at $699,000—positioned well below the $718,968 Fair Market Value by 2%. This valuation gap provides $19,968 in Instant Equity. Featuring a Condition Rating of 3, the unit offers panoramic water views, a heated pool, and spa access. Located in the Alameda City Unified district near top-rated schools like Donald D. Lum Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-lifestyle, waterfront residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2101 Shoreline Dr 299 Subject | $699,000* List Price | 2 | 2 | 1,274 | $564 | - |
A 2101 Shore Line Drive 212 Sold | $665,000 | 2 | 2 | 1,145 | $581 | 0.0 mi |
B 2101 2101 Shoreline Dr 153 Sold | $686,000 | 2 | 2 | 1,090 | $629 | 0.0 mi |
C 2101 Shoreline Dr 233 Sold | $641,500 | 2 | 2 | 1,060 | $605 | 0.0 mi |
D 2101 2101 Shoreline Dr 475 Sold | $630,000 | 2 | 2 | 1,015 | $621 | 0.0 mi |
E 933 Shorline Drive 306 Sold | $638,000 | 2 | 2 | 1,360 | $469 | 0.9 mi |
F 933 933 Shoreline Dr 203 Sold | $625,000 | 2 | 2 | 1,360 | $460 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1974, the unit shows evidence of a partial renovation within the last 5-15 years. It features updated laminate flooring, modern quartz countertops, and fresh neutral paint. The kitchen and bathrooms are functional and well-maintained, making the property move-in ready despite some older appliances and original architectural elements.
Elementary School: Donald D. Lum Elementary School (9/10). High School: Alameda High School (9/10).
This rare Bayfront unit offers unobstructed water views from every room and immediate access to the beach and Bay Trail, providing a premium coastal lifestyle.
Residents benefit from a robust suite of amenities including a heated pool, saunas, fitness centers, and a unique woodworking room, all set within professionally landscaped grounds.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1274, other record living area = 1170.
The monthly association fee of $673 is a significant recurring expense that increases the total cost of ownership and may impact buyer affordability.
Built in 1974, the property may require ongoing maintenance or modernization to meet contemporary aesthetic and energy-efficiency standards compared to newer developments.
Rare opportunity to own a spacious Bayfront condo with stunning water views from every room. This 2-bedroom, 1.5-bath home in The Willows offers an ideal floor plan with open living/dining spaces, generous kitchen, in-unit laundry, secure assigned parking, and two balconies to enjoy the ever-changing Bay scenery. Community amenities are unmatched, featuring a heated pool, hot tub, saunas, fitness centers, woodworking room, and remodeled clubhouse—all within beautifully landscaped private grounds. Prime location directly across from the beach and Bay Trail, just one mile to vibrant Park Street and moments from South Shore Center, Trader Joe’s, Starbucks, and more.
No exterior & parking available.
Grades 4-5 • 0.5 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,274 | 1,120 | 74% |
| Lot Size | 247,339 | 33,267 | 82% |
| Price | $699.0K | $645.2K | 62% |
| Price per sq ft | $549 | $561 | 41% |
| Built year | 1974 | 1973 | 50% |
| HOA | $673.0 | $648 | 53% |
| Days on market | 5 | 132 | 3% |
Jun 1, 2026
$699,000
Initial Listing
Mar 25, 2021
$760,000
Public Record