24227 Palomares Rd, Castro Valley, California 94552, Castro Valley, 94552 - 3 bed, 2 bath
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24227 Palomares Rd
Castro Valley, California 94552
ACTIVE
CONDITION: POOR
3Beds
2Baths
2,070Sq Ft
96,268Lot Size
Property Price
LIST PRICE$1,499,000
SUMMARY
Palomares Road charming, diamond in the rough is ready for your personal touch. Uncover the potential that this 3 bedroom and 2 bath has to offer. Located at the beginning of desirable Palomares Canyon on the Castro Valley side, the home has public water, and the 2+acres they are mostly level and useable with a beautiful seasonal creek in the backyard. Perfect for the buyer or investor looking one of the best locations on this road ! Homebuyers your opportunity to customize every detail from scratch. This property is a rare find and has space for a car collectors shop, workshop, lots of parking and space for some heavy equipment, even agricultural animals are welcome here, wildlife is here and your right next to Beautiful Palomares School. Don't miss out on this home location and acreage you have been searching the bay area for! Here it is! If any offers are due 10-19-2026 by 1:00
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1955 (69 years old) with no evidence of recent renovations. The listing describes the property as a 'diamond in the rough' that needs to be customized 'from scratch,' indicating that the kitchen, baths, and major systems are likely at the end of their functional lifespan and require a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 96268, living area = 2070.
- Great Schools
Elementary School: Palomares Elementary School (9/10). Middle School: Thomas S. Hart Middle School (9/10). High School: Foothill High School (9/10).
- Expansive Usable Acreage
The property features over 2 acres of mostly level and usable land, providing rare space for workshops, heavy equipment, or agricultural animals in a prime Bay Area location.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Needed
The home is in original 1955 condition and is described as needing a total overhaul, which will necessitate a significant additional investment of time and capital.
- High Entry Price for Condition
With a list price of $1.499M for a property requiring total renovation, the high acquisition cost may challenge the budget of buyers when factoring in necessary construction costs.
About 24227 Palomares Rd
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 96,268 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Castro Valley Unified Schools
Palomares Elementary School
Grades K-5 • 0.1 mi
9/10
Jensen Ranch Elementary School
Grades K-5 • 1.3 mi
9/10
Independent Elementary School
Grades K-5 • 1.4 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 2.0 | 2.3 |
| Square foot | 2,070 | 1,782.99 |
| Lot Size | 96,268 | 7,378.72 |
| Price | $1.50M | $1.26M |
| Price per sq ft | $724 | $700 |
| Built year | 1955 | 1958 |
| HOA | $0 | $201 |
| Days on market | 17 | 39 |
Pricing History
Listed for Sale
Oct 7, 2026
$1,499,000
Initial Listing