361 361 Clove Way, Oakley, California 94561, Oakley, 94561 - 3 bed, 3 bath
361 361 Clove Way
Oakley, California 94561
Property Price
SUMMARY
Analysis of 361 361 Clove Way, Oakley, California 94561 reveals a Prime Investment Opportunity with a current list price of $699,500—significantly undercutting the $735,311 Fair Market Value by 4%. This valuation gap indicates a +$35,811 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 361 361 Clove Way Subject | $699,500* List Price | 3 | 3 | 2,292 | $321 | - |
A 165 Little Ranch Cir Sold | $850,000 | 5 | 3 | 2,598 | $327 | 0.7 mi |
B 512 Whitehall Ct Sold | $830,000 | 5 | 3 | 2,872 | $289 | 0.7 mi |
C 1541 Larkspur Ct Sold | $715,000 | 4 | 4 | 2,310 | $310 | 0.5 mi |
D 311 Clove Way Sold | $740,000 | 4 | 3 | 2,292 | $323 | 0.1 mi |
E 434 434 Acacia Dr Active | $699,000 List Price | 4 | 2 | 2,349 | $298 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and well-maintained. Although built in 1996, it features significant updates including modern wood-look plank flooring on the main level, an updated kitchen with stone countertops, a decorative tile backsplash, and stainless steel appliances. The bathrooms have been refreshed with updated vanities and fixtures. The exterior and backyard, including the pool and gazebo, appear to be in good condition. It falls into the 'good' category rather than 'excellent' because it is not a brand-new or total studs-out renovation, but it clearly exceeds 'fair' due to the quality of the interior updates and overall maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Outdoor Oasis
The expansive 9,102 sqft lot features a private pool and gazebo, creating a premium entertainer's backyard that is highly sought after in the Oakley market.
- Flexible Living Space
With 2,292 sqft and a versatile bonus room, the home easily adapts to modern needs, offering the potential for a fourth bedroom, home office, or dedicated flex space.
- Prime Location
Nestled in a quiet double cul-de-sac near brand-new retail developments like Safeway and Starbucks, the property offers a perfect balance of privacy and suburban convenience.
CONSRISKS & DEFICIENCIES
- Limited Formal Bedrooms
Despite the generous square footage, the home is officially configured as a three-bedroom, which may limit its appeal to larger families compared to standard four-bedroom models.
- Aging Infrastructure
Built in 1996, the property may soon require capital improvements for major systems such as the roof or pool equipment to maintain its long-term value and functionality.
About 361 361 Clove Way
Welcome to 361 Clove Way, a spacious two-story home nestled in one of Oakley’s most desirable double cul-de-sac neighborhoods. This thoughtfully designed residence features three bedrooms, two-and-a-half baths, and a versatile bonus room ideal for use as a fourth bedroom, office, or flex space. The open-concept layout showcases beautiful plank flooring throughout the downstairs, creating a seamless flow between the kitchen, dining, and living areas. Step outside to an entertainer’s backyard complete with a pool, gazebo, and plenty of room to relax or host gatherings. Conveniently located near several local amenities, including the new Safeway and Starbucks, this home blends comfort, flexibility, and everyday convenience. Open House Fri 2/20, 5-7pm & Sun 1-4pm.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1996
- Lot Size
- 9,102 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,292 | 1,913 | 71% |
| Lot Size | 9,102 | 6,376 | 84% |
| Price | $699.5K | $659.0K | 68% |
| Price per sq ft | $305 | $352 | 25% |
| Built year | 1996 | 1993 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 164 | 1% |
Pricing History
Listed for Sale
Feb 20, 2026
$699,500
Initial Listing
Sold
Sep 23, 2005
$630,000
Public Record
Sold
May 1, 2003
$359,000
Public Record
Sold
Mar 14, 1997
$199,000
Public Record