21798 Independent School Rd, Castro Valley, California 94552, Castro Valley, 94552 - bed, bath

21798 Independent School Rd, Castro Valley, California 94552 home-pic-0
ACTIVE$2,395,000
21798 Independent School Rd, Castro Valley, California 94552
0Bed
0Bath
Sqft
14,864Lot
Year Built
1976
Close
-
List price
$2.4M
Original List price
$2.5M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41105959
Home ConditionFair
Features
Excellent View: Bay, City Lights, Canyon, Park/Greenbelt, Hills, Panoramic, Valley, Water
Deck
Spa
Patio
ViewBay,City Lights,Canyon,Park/Greenbelt,Hills,Panoramic,Valley,Water

About this home

We found 3 Cons,5 Pros.

Two Homes On One Lot - Ideal for Family/Multigenerational Living or Investment Opportunity! A rare and versatile opportunity! This property features two homes on an expansive 14,864 sqft lot offering a total of 8 bedrooms, 8 bathrooms, and 6,680 sq.ft of living space. Perfect for multigenerational living, extended families or income producing potential. The main home offers 5 bedrooms and 4 bathrooms and is ready for your finishing touches and customization. A flex space with its own private bathroom makes an ideal home office, gym, creative studio or guest suite. The second home is move in ready 3 bedrooms, 3 bath residence providing immediate options for family, rental income or guest accommodations. . Step outside to enjoy the beautifully landscaped grounds including numerous fruit trees, a detached storage shed, and plenty of space for outdoor entertaining or gardening. Conveniently located near shopping, restaurants, and boasting quick access to 580, 238, and 880 freeways, this property is a rare find offering space, versatility, and incredible potential. Live in one, finish the other – or rent both! A true gem with endless possibilities. A property like this does not come around that often!

Price History

Date
Event
Price
11/04/25
Price Change
$2,395,000-4.2%
07/24/25
Listing
$2,500,000
Condition Rating
Fair

This property consists of two homes. The second home is 'move-in ready' with a functional but dated kitchen (black appliances, laminate countertops, dark wood cabinets) and bathrooms, consistent with a property built in 1976 and likely renovated 15-30 years ago. However, the main home is explicitly stated as needing 'finishing touches and customization' and images show it in a state of significant renovation (plywood subfloors, exposed plumbing/electrical, no finished kitchen or bathrooms). The overall condition is a blend, but the substantial work required on the main home pulls the overall score down from 'good' to 'fair', as it requires significant updates and completion.
Pros & Cons

Pros

Dual-Residence Configuration: Features two distinct homes on one expansive lot, offering exceptional versatility for multi-generational living, guest accommodations, or significant rental income potential.
Exceptional Space & Lot Size: Boasts a combined 6,680 sq.ft of living area across 8 bedrooms and 8 bathrooms, situated on a large 14,864 sqft lot with beautifully landscaped grounds and fruit trees.
Immediate Income/Living Option: One of the residences is move-in ready, providing immediate occupancy or rental income, which can help offset costs or facilitate a phased renovation of the main home.
Panoramic Views: Offers stunning panoramic views including the Bay, City Lights, Canyon, Hills, and Water, significantly enhancing the property's lifestyle appeal and market value.
Strategic Location & Accessibility: Conveniently located with quick access to major freeways (580, 238, 880) and close proximity to local amenities such as shopping and restaurants.

Cons

Main Home Requires Completion: The primary residence is explicitly stated as needing 'finishing touches and customization,' indicating a significant renovation project and additional capital expenditure for the buyer.
Property Age & Potential Updates: Built in 1976, the property may require updates to major systems (e.g., electrical, plumbing, HVAC) to meet modern standards and efficiency, which could be a substantial cost.
High Entry Price Point with Renovation Costs: The substantial list price, coupled with the necessary investment for the main home's completion, represents a significant financial commitment that might narrow the buyer pool.

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