36347 Magellan Drive, Fremont, California 94536, Fremont, 94536 - 5 bed, 2 bath
ACTIVE$1,460,000
36347 Magellan Drive, Fremont, California 94536
5Beds
2Baths
1,442Sqft
6,893Lot
Year Built
1954
Close
-
List price
$1.46M
Original List price
$1.5M
Price/Sqft
$1,012
HOA
-
Days on market
-
Sold On
-
MLS number
ML82022501
Home ConditionFair
Features
Patio
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $1.46M(35th), sqft - 1442(32th), beds - 5(94th), baths - 2(50th).
Charming Fremont Home with Income Potential! Light filled and inviting, the main residence features 3 bedrooms and 1 bath. A separate bonus unit offers 2 bedrooms, 1 bath, and a kitchenette, ideal for rental income, extended family, or a private guest retreat. The property sits on a well maintained corner lot with a newly renovated front yard, adding to its curb appeal. This versatile home offers multiple living options and plenty of potential to make it your own. Conveniently located near Highway 880 and 92, enjoy an easy commute plus access to nearby shopping, schools, and parks.
Nearby schools
5/10
Cabrillo Elementary School
Public,•K-6•0.3mi
6/10
Oliveira Elementary School
Public,•K-6•0.5mi
7/10
Patterson Elementary School
Public,•K-6•0.6mi
7/10
Thornton Junior High School
Public,•7-8•0.6mi
6/10
Centerville Junior High
Public,•7-8•1.2mi
9/10
American High School
Public,•9-12•0.7mi
7/10
Washington High School
Public,•9-12•1.6mi
Price History
Date
Event
Price
10/28/25
Price Change
$1,460,000-2.5%
09/22/25
Listing
$1,498,000
Condition Rating
Fair
Built in 1954, the property shows signs of being aged but maintained. While the exterior has a newly renovated front yard and the bonus unit's kitchenette appears more recently updated with modern cabinets and a mini-split AC, the main kitchen features very dated tile countertops and backsplash, indicating it requires minor updates to meet current aesthetic standards. The overall condition suggests functional systems but with noticeable outdated elements.
Pros & Cons
Pros
Great Schools: High School: American High School (9/10).
Income Potential & Versatility: The property features a separate bonus unit with 2 bedrooms, 1 bath, and a kitchenette, offering significant potential for rental income, accommodating extended family, or serving as a private guest retreat.
Prime Location & Commute: Conveniently located with easy access to major Highways 880 and 92, ensuring an effortless commute. It's also close to shopping, schools, and parks in a desirable Fremont neighborhood.
Enhanced Curb Appeal & Lot: Situated on a well-maintained corner lot with a newly renovated front yard, the property boasts strong curb appeal, contributing positively to its overall aesthetic and marketability.
Flexible Living Arrangements: The unique configuration of a main residence plus a separate unit provides multiple living options, catering to diverse buyer needs from multi-generational families to those seeking supplementary income.
Access to Top-Rated Schools: Located within the Fremont Unified School District, the property benefits from proximity to highly-rated schools, including American High School with a rating of 9, a significant draw for families.
Cons
Main Residence Bathroom Ratio: The primary 3-bedroom residence features only one bathroom, which may be inconvenient or insufficient for larger families or multiple occupants, potentially requiring future renovation.
Age and Potential for Interior Updates: Built in 1954, while described as charming, the property's age suggests that interior systems or aesthetics beyond the renovated front yard may require updating to meet modern buyer preferences.
Listing Price Exceeds Estimated Value: The current list price of $1.46 million is approximately 3% higher than the property's estimated value of $1.404 million, which could lead to buyer scrutiny or negotiation challenges.