35421 Cleremont Drive, Newark, California 94560, Newark, 94560 - 4 bed, 3 bath
35421 Cleremont Drive
Newark, California 94560
Property Price
SUMMARY
Analysis of 35421 Cleremont Drive, Newark, California 94560 reveals a Prime Investment Opportunity with a current list price of $1,488,000—significantly undercutting the $1,554,373 Fair Market Value by 4%. This valuation gap indicates a +$66,373 Instant Equity potential for buyers. 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 Newark 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 |
|---|---|---|---|---|---|---|
★ 35421 Cleremont Drive Subject | $1,488,000* List Price | 4 | 3 | 2,024 | $768 | - |
A 36109 Dalewood Drive Sold | $1,473,000 | 4 | 2 | 1,808 | $815 | 0.7 mi |
B 7728 Hazelnut Dr Sold | $1,550,000 | 4 | 2 | 2,153 | $720 | 0.9 mi |
C 6140 Mayhews Landing Rd Sold | $1,545,000 | 4 | 3 | 1,939 | $797 | 0.9 mi |
D 6179 Tourraine Dr Sold | $1,460,000 | 3 | 2 | 1,764 | $828 | 0.3 mi |
E 6025 Radcliffe Avenue Sold | $1,195,000 | 4 | 2 | 1,464 | $816 | 0.8 mi |
F 36057 Dalewood Drive Active | $1,549,000 List Price | 5 | 3 | 1,864 | $831 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that includes a modern kitchen with quartz countertops and stainless steel appliances, fully updated bathrooms, wood laminate flooring, and recessed lighting throughout. Despite the 1960 build date, the interior finishes, dual-pane windows, and overall presentation meet current quality standards with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Generational Layout
The home features two primary suites—one on each level—providing exceptional flexibility for multi-generational living or a private guest retreat.
- Modern Interior Upgrades
The property boasts a fully updated kitchen with quartz countertops and stainless steel appliances, complemented by recessed lighting and wood laminate flooring throughout.
- Commuter-Centric Location
Ideally situated near major commute routes and the Meta campus, this home offers significant appeal for tech professionals seeking a shorter commute.
CONSRISKS & DEFICIENCIES
- Average School Ratings
The assigned middle and high schools carry lower ratings (4 and 5 respectively), which may be a concern for families prioritizing top-tier public education.
- Aged Infrastructure
While the interior is beautifully updated, the 1960 construction date suggests that original underlying systems may eventually require maintenance or modernization.
About 35421 Cleremont Drive
Beautifully updated 4BD/3BA home offering 2,024 sq ft of flexible living space on a 6,000 sq ft lot in a desirable Newark neighborhood, this home is ideal for multi-generational living with two primary suites, one on each level, each featuring an updated ensuite bath. The bright, modern kitchen showcases quartz countertops, stainless steel appliances, and a breakfast bar island that opens to the dining area. A spacious family room includes a desk nook and sliding glass doors leading to the private backyard, perfect for entertaining or relaxing. The living room features a cozy fireplace with modern tile surround, wood laminate flooring, and recessed lighting. The upper-level primary suite feels like a private studio retreat with space for a bed, desk, and lounge area. Additional highlights include dual-pane windows, attached 2-car garage, oversized driveway, and side access for RV or boat parking. Conveniently located near shopping, parks, major commute routes, walkable to Challenge School and close to Metas campus
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 5,998 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Newark Unified Schools
H. A. Snow Elementary School
Grades K-6 • 0.2 mi
James A. Graham Elementary School
Grades K-6 • 0.7 mi
Lincoln Elementary School
Grades K-6 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 53% |
| Square foot | 2,024 | 1,829 | 63% |
| Lot Size | 5,998 | 6,000 | 44% |
| Price | $1.49M | $1.43M | 60% |
| Price per sq ft | $735 | $798 | 32% |
| Built year | 1960 | 1967 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 173 | 2% |
Pricing History
Listed for Sale
Feb 25, 2026
$1,488,000
Initial Listing
Sold
Feb 19, 2016
$813,000
Public Record
Sold
Sep 25, 2015
$615,000
Public Record