
Oakland, California 94619
This Redwood Heights Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,450,000—positioned above the $1,400,833 Fair Market Value by 3%. While the property requires modernization due to its Condition Rating of 4, the expansive 13,350 sqft lot and unobstructed bay views provide significant long-term appreciation potential. The home offers a functional 3-bedroom layout, though buyers should account for the low-rated local school district. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in the Oakland Hills.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 251 Rishell Dr Subject | $1,450,000* List Price | 3 | 3 | 1,996 | $702 | - |
A 4010 Reinhardt Dr Sold | $1,510,000 | 3 | 3 | 1,922 | $786 | 0.6 mi |
B 184 Kimberlin Heights Drive Sold | $1,325,000 | 4 | 3 | 2,392 | $554 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961 (63 years old) with no mention of recent major renovations to the kitchen, bathrooms, or core systems. While the exterior and hardwood floors appear well-maintained, the property's age and description of 'character' suggest dated interiors and systems that likely require modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13350, living area = 1996.
The property features rare and highly sought-after unobstructed views of the San Francisco Bay, providing a premium aesthetic and significant long-term value appreciation.
Situated on a generous 13,350 sqft lot, the home offers a spacious backyard ideal for entertaining and privacy, which is a significant asset in the Oakland Hills area.
The assigned public schools have relatively low ratings (ranging from 2 to 4), which may be a drawback for families prioritizing high-performing educational districts.
Built in 1961, the property may require additional investment for seismic retrofitting or modernization of original systems to meet contemporary standards.
Charming Oakland Hills home in the desirable Redwood Heights neighborhood, featuring unobstructed bay view, bright living spaces, hardwood floors, and a spacious backyard perfect for entertaining. Convenient located near parks, shopping, dining, and easy commuter access, this property offers the ideal blend of comfort, character, and location.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 66% |
| Square foot | 1,996 | 1,740 | 62% |
| Lot Size | 13,350 | 5,353.5 | 89% |
| Price | $1.45M | $970.5K | 76% |
| Price per sq ft | $726 | $610 | 73% |
| Built year | 1961 | 1936 | 81% |
| HOA | $16.0 | $0 | 92% |
| Days on market | 16 | 118 | 1% |
May 21, 2026
$1,450,000
Initial Listing
Jan 21, 1998
$269,000
Public Record