2417 Marti Rae Ct, Alameda, California 94501, Alameda, 94501 - 1 bed, 1 bath
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Alameda, California 94501
This Renovated Storybook Bungalow is a Strong Value Opportunity, listed at $749,888—positioned well below the $819,063 Fair Market Value by 8%. This valuation gap offers $69,175 in Instant Equity. Boasting a Condition Score of 2, the home features a modernized kitchen with shaker cabinets and butcher block counters. Located moments from Park Street and zoned for 9/10 rated schools like Alameda High, it offers a premium lifestyle. This is an ideal acquisition for Owner-Occupants or first-time buyers.
Property is new construction or fully renovated.
Despite being built in 1925, this property has undergone a recent and extensive renovation, particularly evident in the kitchen. The kitchen features modern white shaker cabinets, butcher block countertops, a white subway tile backsplash, a farmhouse sink, and modern black fixtures, all appearing virtually new. Hardwood floors throughout are in excellent condition, and the interior boasts fresh paint and updated lighting. While retaining its charming vintage details, the home presents as fully renovated recently, meeting current quality standards with no visible deferred maintenance.
Elementary School: Amelia Earhart Elementary School (9/10). Middle School: Lincoln Middle School (9/10). High School: Alameda High School (9/10).
The property is ideally situated half a block from Chochenyo Park and moments from Park Street’s vibrant cafés, boutiques, and restaurants, offering unparalleled convenience and lifestyle.
This 'storybook bungalow' brims with character and vintage details, nestled within a 'hidden enclave of picture-perfect cottages' that feels like a tiny village.
With only 1 bedroom and 1 bathroom across 798 sqft, the property offers minimal living space, potentially limiting its appeal to single individuals or couples without children.
The 1705 sqft lot provides very limited outdoor space, which might be a drawback for buyers seeking a larger yard or more privacy.
Built in 1925, while charming, the property's age may imply a need for potential updates to systems or infrastructure, which could incur additional costs for a buyer.
TRANSPARENTLY PRICED. Tucked away on one of Alameda’s most delightful little courts, this storybook bungalow brims with character. Behind its inviting entry, you’ll find a sunny living room with vintage details, a generous kitchen perfect for entertaining, and a light-filled bedroom with southern exposure that soaks up the sun all day. Marti Rae Court is a hidden enclave of picture-perfect cottages—a rare pocket that feels like a tiny village, yet it’s just half a block to Chochenyo Park and moments from Park Street’s cafés, boutiques, and restaurants. Whether you’re seeking your first home, a pied-à-terre near the shoreline, or simply a slice of small-town charm in the heart of the Bay, 2417 Marti Rae Court will steal your heart. To see floor plans visit www.MartiRae.com/mls
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 5% |
| Baths | 1.0 | 2.0 | 21% |
| Square foot | 798 | 1,879.5 | 3% |
| Lot Size | 1,705 | 4,839.5 | 3% |
| Price | $725.0K | $1.41M | 6% |
| Price per sq ft | $909 | $748 | 83% |
| Built year | 1925 | 1918 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 84 | 156 | 22% |
Mar 22, 2026
$725,000
$749,888
-3% Price Drop
Initial Listing
Jan 28, 2026
$749,888
Initial Listing
Mar 26, 2019
$600,000
Public Record
Jun 28, 2013
$456,000
Public Record