
Newark, California 94560
This property presents a High-Potential Investment Opportunity with a List Price of $1,099,900—positioned well below the $1,098,726 Fair Market Value (priced at market). While the home carries a Condition Rating of 5, the 7,062-square-foot lot provides significant upside for expansion or an ADU. Located on a quiet cul-de-sac with excellent commuter access to Silicon Valley, this asset is a prime candidate for a full renovation. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to maximize value in a desirable Newark neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 35278 Cornwall Pl Subject | $1,099,900* List Price | 3 | 2 | 1,407 | $781 | - |
A 35135 Charmwood Ct Sold | $1,330,000 | 4 | 2 | 1,466 | $907 | 0.1 mi |
B 5168 Dryden Ct Sold | $1,285,000 | 3 | 2 | 1,500 | $857 | 0.6 mi |
C 35446 Cleremont Dr Sold | $1,000,000 | 3 | 2 | 1,100 | $909 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1970 and largely in original condition, this property exceeds the 30-year threshold for major systems and finishes. The kitchen features dated cabinetry and appliances with visible wear, the bathrooms contain 1970s-era wood paneling and original vanities, and the flooring consists of stained, aging carpet. The listing description explicitly identifies the home as a renovation opportunity, indicating it needs a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7062, living area = 1407.
Situated in the highly sought-after Lake neighborhood on a quiet cul-de-sac, the property offers walking distance to Lakeshore Park and proximity to major regional nature preserves.
The home provides exceptional connectivity to Silicon Valley and the greater Bay Area via the Dumbarton Bridge, 880/680 freeways, and nearby BART stations.
The property is in need of significant updates and renovations, which will require the buyer to have additional capital and vision beyond the initial purchase price.
Local public schools carry moderate ratings (4-6 range), which may be a consideration for families prioritizing top-tier academic performance districts.
Located on a cul-de-sac in Newark’s sought-after Lake neighborhood, this 3-bedroom, 2-bathroom single-story home offers approximately 1,407 square feet of living space on a generous 7,062-square-foot lot. Ready for its next chapter, the property offers an incredible opportunity for buyers looking to update, renovate and create a home of their own. With plenty of outdoor space, there is room to bring your vision to life. Enjoy being within walking distance of The Lake & Lakeshore Park and close to Ardenwood Historic Farm, Coyote Hills Regional Park, Don Edwards National Wildlife Refuge, shopping & local eateries. Perfect for commuters, with easy access to the Dumbarton Bridge, 880, 680, BART & Silicon Valley shuttles. With endless possibilities, this is your chance to create something truly special in one of Newark’s most desirable and established neighborhoods.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 1.0 mi
Grades 7-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,407 | 1,683.381 |
| Lot Size | 7,062 | 5,993.81 |
| Price | $1.10M | $1.43M |
| Price per sq ft | $782 | $826 |
| Built year | 1970 | 1982 |
| HOA | $0 | $224 |
| Days on market | 6 | 47 |
Sep 3, 2026
$1,099,900
Initial Listing