
Alameda, California 94502
This Renovated Bay Farm Residence is a Strong Value Opportunity, listed at $998,000—positioned well below the $1,075,119 Fair Market Value by 7%. This valuation gap offers $77,119 in Instant Equity. Featuring a High-End Condition Rating, the interior showcases a designer kitchen with quartz countertops and premium finishes. The expansive lot with a detached garage provides excellent ADU potential for future appreciation. Situated near 9/10 rated schools like Amelia Earhart Elementary, this is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22 Garden Rd Subject | $998,000* List Price | 3 | 2 | 1,146 | $938 | - |
A 3525 Mcsherry Way Sold | $1,050,000 | 2 | 2 | 1,028 | $1,021 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-end renovation within the last 5 years, effectively bringing the 1915 structure to modern standards. The interior features a designer kitchen with quartz countertops, herringbone tile backsplash, and stainless steel appliances. Bathrooms are fully updated with floating vanities, illuminated mirrors, and contemporary fixtures. Additional high-quality finishes include recessed LED lighting, modern wood slat accent walls, and new flooring throughout. The exterior also shows significant updates with refreshed landscaping and a modern driveway design.
Elementary School: Amelia Earhart Elementary School (9/10). Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
The home features a complete interior renovation including a designer kitchen with quartz countertops, stainless steel appliances, and contemporary aesthetic details like a wood slat accent wall and recessed LED lighting.
The property sits on a large, flat lot with a detached garage, providing an excellent opportunity for a backyard cottage or Accessory Dwelling Unit (ADU) to increase property value or generate rental income.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property was recently sold within the past year on 2026-01-21. The sold price is $825,000.00.
With only 1,146 square feet of living space distributed across three bedrooms, the interior footprint is relatively compact and may feel restrictive for larger families.
Best value in Bay Farm Alameda! A must-see opportunity featuring a huge flat lot with endless potential, complemented by a detached garage, ideal for expansion or ADU (buyer to verify). This thoughtfully renovated home offers a bright, open layout with abundant natural light and seamless flow between living, dining, and kitchen areas. The designer kitchen features sleek cabinetry, quartz countertops, stylish backsplash, and stainless steel appliances. Interior highlights include recessed LED lighting and curated design details throughout, including a striking wood slat accent wall and custom built-ins. The bathroom features modern vanities, illuminated mirrors, and contemporary finishes. Exterior upgrades include refreshed landscaping and an improved front yard, enhancing curb appeal and overall functionality. Located in the highly regarded Alameda Unified School District, Bay Farm Island offers parks, greenbelts, and the Chuck Corica Golf Complex, with easy access to highways, public transit, and the Harbor Bay Ferry to San Francisco. No HOA. Don’t miss this opportunity!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 3.0 mi
Grades K-5 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 36% |
| Square foot | 1,146 | 1,738 | 21% |
| Lot Size | 5,852 | 4,350 | 86% |
| Price | $998.0K | $1.19M | 29% |
| Price per sq ft | $871 | $707 | 79% |
| Built year | 1915 | 1986 | 7% |
| HOA | $0 | $250 | 21% |
| Days on market | 7 | 174 | 7% |
Apr 15, 2026
$998,000
Initial Listing
Jan 21, 2026
$825,000
Public Record