
Oakland, California 94602
This residence presents a High-Potential Investment Opportunity with a List Price of $1,095,000—positioned above the $1,058,820 Fair Market Value by 3%. While the property requires cosmetic updates, its Fair Condition Rating is offset by a new roof and significant structural scale. Featuring panoramic Bay views, a private movie theater, and a large rear deck, the home offers substantial value-add potential. This is an ideal acquisition for Value-Add Investors or Owner-Occupants ready to personalize this Oakland Hills retreat.
Property is extensive renovation needed.
Built in 1987 (37 years old) and offered in 'as-is' condition, the home features original 1980s finishes including oak cabinetry, dated pink bathroom tiling, and gold fixtures. While the roof is new, the interior requires a comprehensive cosmetic rehab to modernize the kitchen and baths, fitting the >30y age bracket for this category.
The property boasts breathtaking, sweeping views of the San Francisco skyline, Bay Bridge, and Downtown Oakland, providing a premium aesthetic that significantly enhances market value.
Offered below recent comparable sales with a new roof and solid structural bones, this home presents a rare opportunity for buyers to build immediate equity through cosmetic upgrades.
Spanning nearly 2,700 square feet, the residence features dramatic vaulted ceilings, an in-home movie theater, and a tranquil outdoor waterfall pond, offering a level of luxury and space rarely found at this price point.
The property is being sold in as-is condition and requires a budget for cosmetic finishes, which may challenge buyers looking for a turnkey, move-in-ready experience.
While the local elementary school is highly rated, the assigned middle and high schools have lower ratings, which could be a drawback for education-focused families.
Perched in the secluded Oakland Hills near Joaquin Miller Park, this stately residence offers an exceptional opportunity to create your dream home while enjoying sweeping views of Downtown Oakland, the Bay Bridge, and San Francisco. Spanning generous living spaces with an ideal floor plan, the home features expansive common areas, a spacious primary suite with vaulted ceiling, an in-home movie theater, and seamless indoor-outdoor flow to a large rear deck surrounded by mature landscaping and a tranquil waterfall pond. An oversized two-car garage adds convenience and abundant storage. Offered in as-is condition, the property presents a rare chance for buyers to personalize cosmetic finishes while benefiting from strong underlying systems including a new roof. With solid bones, dramatic scale, and breathtaking views, this home is perfectly positioned for someone ready to unlock its full potential. Don’t miss the opportunity to purchase below recent comparable sales and make this Oakland Hills retreat your own.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.4 mi
Grades 6-8 • 1.4 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 | 82% |
| Square foot | 2,685 | 1,488 | 96% |
| Lot Size | 6,050 | 4,560 | 74% |
| Price | $1.09M | $1.10M | 46% |
| Price per sq ft | $408 | $779 | 4% |
| Built year | 1987 | 1931 | 95% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 106 | 1% |
May 21, 2026
$1,095,000
Initial Listing
Nov 8, 2021
$1,150,000
Public Record
Jul 14, 2000
$485,000
Public Record