40249 San Sebastian Pl, Fremont, California 94539, Fremont, 94539 - 4 bed, 3 bath
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Fremont, California 94539
This Value-Add Probate Fixer represents a High-Potential Investment Opportunity with a List Price of $1,799,000—positioned well below the $1,868,311 Fair Market Value by 3%. This valuation gap offers $69,311 in Instant Equity for buyers ready to execute a full-scale renovation. Currently holding a Condition Rating of 5, the asset features a 7,000 sqft corner lot and vaulted ceilings in the prestigious Kimber-Gomes area. Zoned for 9/10 rated schools including Mission San Jose High, this is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40249 San Sebastian Pl Subject | $1,799,000* List Price | 4 | 3 | 1,990 | $939 | - |
A 1848 Marabu Way Pending | $1,800,000 List Price | 3 | 2 | 1,650 | $1,091 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1968 property is explicitly marketed as an 'as-is' probate fixer requiring extensive renovation. Interior images reveal a home in significant disrepair: flooring has been removed to the subfloor, walls and ceilings show heavy staining and deferred maintenance, and the fixtures and finishes (such as the padded bar and wallpaper) are severely outdated. The property requires a complete overhaul of all major systems, kitchen, and bathrooms to be considered move-in ready.
Elementary School: John Gomes Elementary School (9/10). Middle School: William Hopkins Junior High School (9/10). High School: Mission San Jose High School (9/10).
Situated in the highly desirable Kimber-Gomes neighborhood, the property is within walking distance of top-rated schools including Mission San Jose High and John Gomes Elementary.
The home sits on a generous 7,000 sqft corner lot in a quiet cul-de-sac and features a functional floor plan with vaulted ceilings and a convenient ground-floor bedroom and full bath.
The property is explicitly listed as an 'as-is' fixer, indicating that it likely requires a significant capital investment for repairs, modernization, and structural updates.
Being a probate sale, the transaction may involve specific legal requirements or court confirmation processes that can lead to a more complex or lengthy closing timeline.
This spacious as-is probate fixer is located in a quite cul-de-sac in the much sought after Fremont Kimber-Gomes neighborhood. Short walks lead you to John Gomes Elementary School, William Hopkins Middle School, Central Park, Lake Elizabeth, and Gomes Park. This four bedroom 3 bath home was built in 1968 on a generous 7,000 square foot corner lot. The friendly floor plan features vaulted ceilings on the first floor, a formal dining area, living room, and den along with a bedroom and full bathroom. The master suite is upstairs and includes a generous walk in closet and full bathroom. The second floor includes two additional bedrooms and a second bathroom. The spacious back yard has a well built shed which can be used as work/craft space or extra storage. Inspection reports are available.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-8 • 0.7 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,990 | 2,009 | 49% |
| Lot Size | 7,000 | 7,670 | 38% |
| Price | $1.80M | $2.39M | 21% |
| Price per sq ft | $904 | $1.2K | 10% |
| Built year | 1968 | 1973 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 160 | 1% |
Apr 14, 2026
$1,799,000
Initial Listing