34590 Falls Terrace, Fremont, California 94555, Fremont, 94555 - 2 bed, 1 bath
34590 Falls Terrace
Fremont, California 94555
Property Price
SUMMARY
Analysis of 34590 Falls Terrace, Fremont, California 94555 is currently available with a list price of $698,000. 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 Fremont 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1990, the property has undergone an extensive recent renovation within the last few years. The interior features modern luxury vinyl plank flooring, recessed lighting, and a fully updated kitchen with white shaker cabinets, quartz countertops, and stainless steel appliances. The bathroom is also tastefully modernized with a new double-sink vanity and contemporary fixtures, meeting current market standards for high-quality finishes.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: American High School (9/10).
- Prime Commuter Location
Situated in the highly desirable Ardenwood neighborhood, the property offers exceptional access to Hwy 880, the Dumbarton Bridge, BART, and Amtrak, making it an ideal hub for Silicon Valley professionals.
- Versatile Ground-Floor Layout
This rare ground-floor unit features a flexible den that functions as a home office or guest space, providing the utility of a larger home with the accessibility of single-level living.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =22383, other record lot size in square feet = 21939. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
- Single Official Bedroom
While the den offers flexibility, the property is officially a one-bedroom unit, which may limit its appeal to families or buyers specifically requiring two private, legal bedrooms.
- Historical Price Stagnation
The current list price of $698,000 is notably lower than its previous sale prices in 2018 ($780,000) and 2021 ($709,000), indicating a lack of recent equity growth for this specific unit.
About 34590 Falls Terrace
A rare ground-floor 1-bedroom, 1-bathroom residence with a flexible layout in Fremonts sought-after Ardenwood neighborhood. Beautifully updated, this inviting home features a spacious den offering versatile use as a home office, guest room, or additional living space. Large windows throughout provide abundant natural light and a bright, comfortable atmosphere. Additional highlights include a tastefully updated bathroom with a separate double-sink vanity, in-unit laundry, central heating and air conditioning, and generous storage. A covered balcony overlooking a peaceful greenbelt creates a private, backyard-like setting. Parking includes one deep attached garage plus one driveway space. Ideally located near Frank Fisher Park, schools, shopping, dining, BART, Amtrak, Hwy 880, and the Dumbarton Bridge.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1990
- Lot Size
- 22,383 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $375.0 / Month
Neighborhood Insights
Fremont Unified Schools
Forest Park Elementary School
Grades K-6 • 0.1 mi
Ardenwood Elementary School
Grades K-6 • 0.8 mi
Pioneer Elementary School
Grades K-5 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.5 | 50% |
| Square foot | 1,000 | 995.5 | 50% |
| Lot Size | 22,383 | 50,391.5 | 50% |
| Price | $698.0K | $699.0K | 50% |
| Price per sq ft | $698 | $676 | 50% |
| Built year | 1990 | 1988 | 75% |
| HOA | $375.0 | $436 | 25% |
| Days on market | 10 | 120 | 25% |
Pricing History
Listed for Sale
Feb 25, 2026
$698,000
Initial Listing
Sold
Feb 8, 2021
$709,000
Public Record
Sold
May 30, 2018
$780,000
Public Record
Sold
Mar 10, 2005
$381,000
Public Record
Sold
Aug 25, 2000
$235,000
Public Record