244 244 Cross Rd, Oakland, California 94618, Oakland, 94618 - 3 bed, 3 bath
244 244 Cross Rd
Oakland, California 94618
Property Price
SUMMARY
Analysis of 244 244 Cross Rd, Oakland, California 94618 reveals a Prime Investment Opportunity with a current list price of $1,898,000—significantly undercutting the $1,961,557 Fair Market Value by 3%. This valuation gap indicates a +$63,557 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Oakland Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 244 244 Cross Rd Subject | $1,898,000* List Price | 3 | 3 | 2,766 | $709 | - |
A 6141 Broadway Ter Sold | $1,376,111 | 3 | 2 | 2,155 | $639 | 0.2 mi |
B 14 Contra Costa Place Sold | $2,400,000 | 4 | 4 | 3,487 | $688 | 0.2 mi |
C 5835 Margarido Drive Sold | $2,400,000 | 4 | 3 | 2,908 | $825 | 0.4 mi |
D 2 Emery Lane Sold | $2,325,000 | 3 | 3 | 3,129 | $743 | 0.6 mi |
E 4401 Harbord Dr Sold | $1,759,000 | 4 | 3 | 2,364 | $744 | 0.3 mi |
F 4800 4800 Proctor Ave Pending | $1,398,000 List Price | 3 | 3 | 2,428 | $576 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
While originally built in 1993, the property has undergone extensive high-end renovations that meet modern luxury standards. The kitchen is designer-remodeled with premium stainless steel appliances, including a Wolf range and Sub-Zero refrigerator. The primary suite features a spa-inspired bathroom with contemporary upgrades like heated floors and a walk-in shower. With vaulted ceilings, designer fixtures, and a meticulously maintained 'edible garden,' the home shows no signs of deferred maintenance and functions as a recently updated, move-in-ready estate.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Hillcrest Elementary School (9/10). High School: Piedmont High School (10/10).
- Designer Kitchen & Premium Appliances
The kitchen was reimagined by a renowned local designer and features high-end finishes, including a 36" Wolf range, Sub-Zero refrigerator, and a large central island with a built-in breakfast nook.
- Exceptional Indoor-Outdoor Living
Designed to blur the lines between interior and exterior, the home features vaulted ceilings, a private courtyard, and a professionally landscaped garden featured in 'The Beautiful Edible Garden'.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2766, other record living area = 2645.
- Limited Bedroom Count
With only three bedrooms across 2,766 square feet, the home has a lower bedroom-to-square-footage ratio, which may not suit larger families or those needing multiple guest rooms.
- Aggressive Bidding Strategy
The listing price is set significantly lower than its 2024 sale price of $2.5M, indicating a likely 'underpricing' strategy that will result in intense competition and a much higher final closing price.
About 244 244 Cross Rd
Designed to blur the line between indoors and out, the modern open floor plan creates an effortless setting for both lively entertaining and comfortable everyday life. Vaulted ceilings soar above sun-drenched interiors. Every room feels connected to the enchanting grounds. The spacious living room features a wall of windows framing lush greenery, while the adjoining dining room is ideal for festive gatherings. The eat-in kitchen, reimagined by a renowned local designer, enjoys a large island with counter seating, built-in breakfast nook, and stainless appliances including a 36" Wolf range and Sub Zero fridge. 2 bedrooms, shared bath and powder room complete the main level. Multiple French doors open to a private courtyard for dining, play, or relaxation. Upstairs, retreat to a luxurious primary suite with light-filled sitting room and spa-inspired bath offering heated floors, soaking tub and walk-in shower. The landscaped garden, featured in "The Beautiful Edible Garden", includes citrus, berries, succulents, a studio, and a 2-story playhouse. There's an attached 2-car garage with interior access, wine storage, and bonus space - your home gym awaits. The convenient location is just a few blocks to Village Market and Terrace Café and close to Rockridge shops, restaurants and BART.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1993
- Lot Size
- 6,360 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Chabot Elementary School
Grades K-5 • 0.6 mi
Hillcrest Elementary School
Grades K-8 • 0.3 mi
Claremont Middle School
Grades 6-8 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,766 | 2,155 | 68% |
| Lot Size | 6,360 | 5,200 | 64% |
| Price | $1.90M | $1.76M | 55% |
| Price per sq ft | $686 | $762 | 26% |
| Built year | 1993 | 1926 | 77% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 163 | 2% |
Pricing History
Listed for Sale
Feb 25, 2026
$1,898,000
Initial Listing
Sold
Jun 20, 2024
$2,500,000
Public Record
Sold
Feb 9, 2021
$2,400,500
Public Record
Sold
Aug 16, 2018
$1,500,000
Public Record