26928 Palomares Rd, Castro Valley, California 94552, Castro Valley, 94552 - 3 bed, 2 bath
26928 Palomares Rd
Castro Valley, California 94552
Property Price
SUMMARY
Analysis of 26928 Palomares Rd, Castro Valley, California 94552 reveals a property with a current list price of $1,890,000, which is 8% above the estimated $1,738,708 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 Castro Valley 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
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1918, this property has undergone extensive, high-quality renovations, particularly evident in the 'Gourmet Kitchen' and 'Updated Bathrooms'. The kitchen features modern shaker-style cabinetry, granite countertops, high-end stainless steel appliances, and multiple islands, appearing virtually new. Both bathrooms are updated, one with a modern walk-in shower and the other maintaining a charming vintage feel with updated fixtures. The main living areas boast pristine dark hardwood floors, vaulted ceilings, recessed lighting, and a substantial fireplace. While the basement area is less modern, it is clean and functional. The overall interior condition, especially in key areas, meets current quality standards with no visible deferred maintenance, justifying an 'Excellent' score for its current state.
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 = 123710, living area = 1944.
- 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 Views & Tranquil Setting
The property offers 'Definitely the Home with the Views' of wooded canyons and hills, providing a 'Relaxing Getaway from the Hustle and Bustle of Urban Living' with a desirable 'Country Freshness - City Closeness' balance.
CONSRISKS & DEFICIENCIES
- Age of Property
Built in 1918, the home is over a century old, which may necessitate ongoing maintenance or updates to core systems (e.g., plumbing, electrical, HVAC) not explicitly detailed as modernized.
- Unpermitted/Uncounted Bonus Space
The 'Downstairs Basement area' is explicitly stated as 'not included in the Overall Square footage,' indicating it may not be permitted living space, which could impact its legal use, financing, or require future investment for legalization.
- Lack of Central Air Conditioning
The property description does not mention central air conditioning, which could be a significant drawback for comfort during warmer months in California.
About 26928 Palomares Rd
Country Freshness - City Closeness! This is Definitely the Home with the Views for your clients. 2.84 Manageable Acres for Mini-Farmers, Gardeners, Equestrian Lovers & Those looking for A Relaxing Getaway from the Hustle and Bustle of Urban Living. This home has been Lovingly Maintained, both Inside and Out. Nestled on a Knoll, the Exterior boasts, a Storage Barn, Multiple Free Standing Planting Beds, a Cute Chicken Coop, Plenty of Parking Opportunities for RV's, Horse Trailers, Extra Vehicles & More. The Interior takes your breath away with the Cathedral Ceiling and Center Beam. Lovely Views of the Wooded Canyon from Large Windows in Familyroom and Dining Area. The Gourmet Kitchen has Multiple Stone Islands, Food Prepping Area, Dry Bar, & Elegant Wood Cabinetry. A Spacious Mud Room is just off of the Kitchen and 2 Car Attached Garage. Plenty of Space for the Extra refrigerator and Laundry Facilities. There are 3 Spacious Comfortable Bedrooms with 2 Full, Updated Bathrooms. The Downstairs Basement area has it's own separate entrance. There are endless possibilities for this Bonus Space (Although this space is not included in the Overall Square footage). Two 2500 Gallon Water Tanks have been recently installed for Domestic use. It's Time to Relax and to Truly Start Living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1918
- Lot Size
- 123,710 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 • 1.3 mi
Independent Elementary School
Grades K-5 • 2.5 mi
Jensen Ranch Elementary School
Grades K-5 • 2.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 41% |
| Baths | 2.0 | 3.0 | 44% |
| Square foot | 1,944 | 2,231 | 33% |
| Lot Size | 123,710 | 17,081 | 85% |
| Price | $1.89M | $1.50M | 70% |
| Price per sq ft | $972 | $669 | 85% |
| Built year | 1918 | 1978 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 155 | 178 | 33% |
Pricing History
Listed for Sale
Oct 3, 2025
$1,890,000
Initial Listing