32980 Lake Mead Drive, Fremont, California 94555, Fremont, 94555 - 3 bed, 2 bath
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32980 Lake Mead Drive
Fremont, California 94555
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,459Sq Ft
4,300Lot Size
Property Price
LIST PRICE$1,199,990
EST. MARKET VALUE
$1,289,000
6% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,289,000—positioned well below the $1,351,114 Fair Market Value by 4%. This valuation gap offers $62,114 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen and a versatile Separate Bonus Space. Located in the Lakes & Birds neighborhood within the Fremont Unified district, it is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home with long-term appreciation potential.
Estimated Market Value
$1,289,000+$89,010 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Fremont.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 32980 Lake Mead Drive Subject | $1,199,990* List Price | 3 | 2 | 1,459 | $883 | - |
A 4266 Warbler Loop Sold | $1,321,500 | 3 | 2 | 1,375 | $961 | 0.6 mi |
B 33260 Lake Oneida Street Active | $1,299,999 List Price | 3 | 2 | 1,444 | $900 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1969, the property has undergone significant renovations likely within the last 10-15 years. The kitchen features granite countertops and stainless steel appliances, and the interior boasts modern recessed lighting, crown molding, and updated flooring. The home appears well-maintained and move-in ready, fitting the criteria for a functional, updated mid-aged property.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: American High School (9/10).
- Versatile Bonus Space
The property features a unique separate bonus room with a private entrance, providing an ideal setup for a professional home office, guest suite, or flexible living area.
- Prime Location and Schools
Located in the highly desirable Lakes & Birds neighborhood, the home offers easy access to major transit hubs and is zoned for top-rated schools, including American High School.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
At 4,300 square feet, the lot is relatively small for the area, which may limit outdoor activities, gardening, or future expansion possibilities.
- Aging Infrastructure
Built in 1969, the home may require ongoing maintenance or updates to older systems and structural elements typical of properties from this era.
About 32980 Lake Mead Drive
Welcome to 32980 Lake Mead Drive. In the highly desirable Lakes & Birds neighborhood we have this 3/2 thoughtfully designed home that offers a functional open-concept floor plan that creates the perfect flow for both everyday living and effortless entertaining. The spacious kitchen features granite countertops, stainless steel appliances and opens seamlessly into the main living areas, that make hosting gatherings both comfortable and enjoyable. A dedicated laundry room adds convenience, while the oversized garage provides storage and flexibility. One of this home's standout features is the private entrance to a seperate bonus space-ideal for welcoming guests, creating a luxurious home office, or designing the ultimate flex room to fit your lifestyle. Relax on the charming front porch, host gatherings with friends in the fantastic backyard. This home is designed for creating memories. Conveniently located with easy access to Bart, major freeways , top rated schools, beautiful parks, shopping, and dining!! This home just makes sense. See you soon!!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1969
- Lot Size
- 4,300 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
Fremont Unified Schools
Warwick Elementary School
Grades K-6 • 1.5 mi
7/10
Thornton Junior High School
Grades 7-8 • 3.0 mi
7/10
American High School
Grades 9-12 • 2.6 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,459 | 1,615.492 |
| Lot Size | 4,300 | 6,464.133 |
| Price | $1.20M | $1.71M |
| Price per sq ft | $822 | $1.0K |
| Built year | 1969 | 1968 |
| HOA | $0 | $158 |
| Days on market | 28 | 37 |
Pricing History
Listed for Sale
Sep 2, 2026
$1,199,990
$1,289,000
-7% Price Drop
Initial Listing
Price Change
Aug 12, 2026
$1,289,000
Initial Listing
Sold
Jun 16, 2021
$1,232,000
Public Record
Sold
Jan 31, 2014
$588,000
Public Record