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39773 Costa Way, Fremont, California 94538, Fremont, 94538 - 4 bed, 2 bath

39773 Costa Way, Fremont, California 94538 home-pic-0
ACTIVE$1,395,000
39773 Costa Way, Fremont, California 94538
4Beds
2Baths
1,734Sqft
6,434Lot

Price Vs. Estimate

The estimated value ($1,334,965.28) is $60,034.72 (4%) lower than the list price ($1,395,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: The property is situated in Fremont's highly coveted Sundale neighborhood, known for its tree-lined streets, strong community spirit, and unparalleled convenience to Silicon Valley.
Top Cons:
Age of Construction: Built in 1963, the property may feature older systems, infrastructure, and design elements that could require significant updates or maintenance to meet contemporary standards and preferences.

Compared to the nearby listings

Price:$1.40M vs avg $1.47M ($-70,000)36%
Size:1,734 sqft vs avg 1,466 sqft71%
Price/sqft:$804 vs avg $98812%

More Insights

Built in 1963 (62 years old).
Condition: Built in 1963, this property features a severely outdated kitchen with original-style wood cabinets, laminate countertops, older appliances, and a fluorescent light fixture, all requiring a full gut renovation. While some areas have hardwood flooring, the overall condition of the wet areas (kitchen and likely bathrooms, though not pictured) suggests a need for substantial rehabilitation to meet modern standards. The property is livable but would be very uncomfortable for most buyers in its current state, aligning with the 'poor' condition criteria.
Year Built
1963
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$804
HOA
-
Days on market
-
Sold On
-
MLS number
41111299
Home ConditionPoor
Features
Patio
View-

About this home

This stunning two-story residence on Costa Way represents an extraordinary opportunity to own in Fremont's most coveted Sundale neighborhood at a price point significantly below current market value. The property showcases beautiful hardwood flooring, four bedrooms, and an expansive outdoor space with a large fenced lot that provides endless possibilities for recreation and relaxation. Sundale represents the pinnacle of Fremont living with tree-lined streets, a strong community spirit, and unparalleled convenience to Silicon Valley. Families will appreciate the exceptional educational opportunities through the highly-regarded Fremont Unified School District with its Advanced Placement programs and diverse academic opportunities. This property represents a unique convergence of location, potential, and value that rarely appears in today's competitive market. This large lot makes it ideal for expansion or an ADU. Comparable properties in Sundale typically sell at significantly higher price points. Properties in this prestigious neighborhood rarely remain available for long, and opportunities to acquire at below-market pricing are even rarer, making this an exceptional value proposition for discerning buyers.

Nearby schools

6/10
Brier Elementary School
Public,•K-6•0.3mi
5/10
John Blacow Elementary School
Public,•K-6•0.8mi
8/10
Joseph Azevada Elementary School
Public,•K-6•1.0mi
6/10
G. M. Walters Junior High School
Public,•7-8•0.4mi
7/10
John F. Kennedy High School
Public,•9-12•0.8mi
Condition Rating
Poor
Built in 1963, this property features a severely outdated kitchen with original-style wood cabinets, laminate countertops, older appliances, and a fluorescent light fixture, all requiring a full gut renovation. While some areas have hardwood flooring, the overall condition of the wet areas (kitchen and likely bathrooms, though not pictured) suggests a need for substantial rehabilitation to meet modern standards. The property is livable but would be very uncomfortable for most buyers in its current state, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Prime Location: The property is situated in Fremont's highly coveted Sundale neighborhood, known for its tree-lined streets, strong community spirit, and unparalleled convenience to Silicon Valley.
Exceptional Value Proposition: Listed at a price point significantly below current market value, offering a rare opportunity to acquire property in a prestigious neighborhood where comparable homes sell for considerably more.
Large Lot with Expansion Potential: Features an expansive, fenced outdoor space with a large lot (6,434 sqft) that is ideal for recreation, relaxation, and offers significant potential for expansion or adding an Accessory Dwelling Unit (ADU).
Top-Rated School District: Benefits from exceptional educational opportunities provided by the highly-regarded Fremont Unified School District, including Advanced Placement programs and diverse academic offerings.
Charming Interior Feature: The residence showcases beautiful hardwood flooring, adding a classic and desirable aesthetic to the interior.

Cons

Age of Construction: Built in 1963, the property may feature older systems, infrastructure, and design elements that could require significant updates or maintenance to meet contemporary standards and preferences.
Limited Bathroom Count: With four bedrooms, the presence of only two bathrooms might be considered insufficient for larger families or modern living expectations, potentially leading to functional inconvenience.
Potential for Modernization Investment: While offering 'potential' and being 'below market value,' this implies that the property likely requires investment in modernization or renovation to fully capitalize on its prime location and align with higher-priced comparable properties in the area.

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