
Alameda, California 94502
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $998,000—positioned well below the $1,075,119 Fair Market Value by 7%. This valuation gap provides $77,119 in Instant Equity. Featuring a Mint Condition Rating with a designer kitchen and modern finishes, the home is situated in a top-tier district with access to 9/10 rated schools. The large lot offers significant ADU potential, making this an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term appreciation.
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.
Despite the 1915 build date, the property has undergone a comprehensive high-end renovation within the last 5 years. It features a brand-new designer kitchen with quartz countertops and stainless appliances, fully updated modern bathrooms, new flooring, recessed LED lighting, and refreshed exterior systems, meeting the criteria for mint condition.
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 thoughtfully renovated interior with a designer kitchen, quartz countertops, and contemporary finishes, offering a move-in-ready experience.
The property boasts a large, flat 5,852 sqft lot with a detached garage, providing an excellent opportunity for a guest house or ADU development.
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 for a three-bedroom layout, the interior living space may feel constrained for some buyers.
Originally built in 1915, the property's age may present maintenance challenges or require scrutiny of older structural components despite recent cosmetic upgrades.
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 | 4.0 | 46% |
| Baths | 2.0 | 3.0 | 23% |
| Square foot | 1,146 | 1,694 | 15% |
| Lot Size | 5,852 | 4,094 | 77% |
| Price | $998.0K | $1.35M | 23% |
| Price per sq ft | $871 | $723 | 77% |
| Built year | 1915 | 1986 | 8% |
| HOA | $0 | $269 | 23% |
| Days on market | 25 | 100 | 8% |
May 12, 2026
$998,000
Initial Listing
Jan 21, 2026
$825,000
Public Record