354 Hazelnut Lane, Oakley, California 94561, Oakley, 94561 - 2 bed, 3 bath
354 Hazelnut Lane
Oakley, California 94561
Property Price
SUMMARY
Analysis of 354 Hazelnut Lane, Oakley, California 94561 reveals a Fairly Priced Property with a current list price of $539,000 aligned with the estimated $539,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Oakley 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 354 Hazelnut Lane Subject | $539,000* List Price | 2 | 3 | 1,411 | $382 | - |
A 4309 Beechnut Ln Sold | $490,000 | 3 | 2 | 1,148 | $427 | 0.2 mi |
B 570 Mockingbird Ln Sold | $548,000 | 3 | 3 | 1,558 | $352 | 0.7 mi |
C 230 Robinwood Ave Sold | $542,500 | 3 | 2 | 1,141 | $475 | 0.7 mi |
D 4863 Bayside Way Active | $525,000 List Price | 3 | 3 | 1,398 | $376 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1984, this 40-year-old property is described as well-maintained and move-in ready, but it lacks the recent comprehensive renovations required for a higher rating. While functional and clean, the home's age and the absence of specific mentions of updated high-end finishes or modern system overhauls place it in the fair category, representing a property that has been maintained through regular upkeep but remains stylistically and structurally aged.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Floor Plan
The spacious upstairs loft provides significant flexibility, offering the potential for a home office, game room, or a seamless conversion into a third bedroom to increase property value.
- Outdoor Entertaining Space
The private backyard is a standout feature, offering thoughtfully designated areas for BBQs and gatherings, providing a premium outdoor lifestyle rarely found at this price point.
- Prime Cul-de-Sac Location
Situated in a quiet cul-de-sac, the home offers enhanced privacy and safety while remaining conveniently close to downtown Oakley, schools, and major commuter routes.
CONSRISKS & DEFICIENCIES
- Extended Market Time
The property has undergone five consecutive price reductions since its initial listing, which may signal to buyers that it was previously overpriced or faces lower demand.
- Limited Formal Bedrooms
As a two-bedroom residence, the property may appeal to a narrower buyer demographic compared to standard three-bedroom homes common in the surrounding suburban market.
About 354 Hazelnut Lane
Welcome to this well maintained two story 2bed/2.5 bath home in Oakley with the space for a possible third bedroom in a great cul-de-sac location. Featuring an open and bright floor plan, this home offers a spacious living area and a large upstairs loft- ideal for home office, game room or potential 3rd bedroom. the primary bedroom is generously sized with a walk in closet, the private backyard is truly an entertainer's dream with thoughtfully designated outdoor space- perfect for gatherings, BBQs or quiet evenings under the stars. Additional highlights include an attached 2 car garage and a commuter-friendly location close to downtown Oakley, schools, shopping, dining and major transportation routes. Move in ready, don't miss this rare opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1984
- Lot Size
- 4,128 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakley Unified Schools
Gehringer Elementary School
Grades K-5 • 1.0 mi
O'hara Park Middle School
Grades 6-8 • 0.8 mi
Freedom High School
Grades 9-12 • 1.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 2% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,411 | 1,872 | 24% |
| Lot Size | 4,128 | 6,305 | 13% |
| Price | $539.0K | $655.0K | 12% |
| Price per sq ft | $382 | $353 | 59% |
| Built year | 1984 | 1993 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 235 | 164 | 87% |
Pricing History
Listed for Sale
Feb 6, 2026
$539,000
$539,990
+0% Price Increase
Initial Listing
Price Change
Oct 23, 2025
$539,990
$549,950
-2% Price Drop
Initial Listing
Price Change
Oct 1, 2025
$549,950
$558,500
-2% Price Drop
Initial Listing
Price Change
Sep 26, 2025
$558,500
Initial Listing
Price Change
Jul 15, 2025
$564,999
Initial Listing