
Fremont, California 94538
This Spacious 3-Bedroom Condo is a Strong Value Opportunity, listed at $699,000—positioned well below the $743,561 Fair Market Value by 5%. This valuation gap offers $44,561 in Instant Equity for the buyer. Featuring a Good Condition Rating, the unit includes a Granite Kitchen, Central AC, and In-Unit Laundry. Located in the desirable Irvington neighborhood near Top-Rated Schools like Irvington High, this property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in ready home with long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40425 Chapel Way 315 Subject | $699,000* List Price | 3 | 2 | 1,228 | $606 | - |
A 4463 4463 Hyde Cmn 302 Sold | $828,000 | 2 | 2 | 1,244 | $666 | 0.6 mi |
B 3695 Stevenson Blvd E206 Sold | $625,000 | 2 | 2 | 1,040 | $601 | 0.9 mi |
C 3300 Wolcott Cmn 113 Active | $599,000 List Price | 2 | 2 | 1,013 | $591 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1983, the property is 41 years old but qualifies as Good due to being meticulously maintained and move-in ready. The kitchen features a 5-15 year old renovation with granite countertops and tile backsplash, and the unit includes updated flooring and central AC, though the bathrooms remain functional but dated.
Situated in the sought-after Irvington area, the property offers exceptional proximity to major employers like Tesla, BART stations, and premier shopping at the Fremont HUB, ensuring high rental demand and convenience.
As a top-floor unit, this condo provides enhanced privacy with no neighbors above, and features rare amenities for the price point including central AC, in-unit laundry, and a spacious three-bedroom layout.
The property is zoned for highly-regarded schools such as Irvington High and Durham Elementary, both rated 8/10, which significantly bolsters long-term property value and appeal to families.
The association fee of $705 per month is relatively high, which may impact the overall affordability and debt-to-income ratio for prospective buyers.
Built in 1983, the complex may face upcoming capital improvement projects or increased maintenance needs compared to newer residential developments in the Fremont area.
Welcome to Park Place! This meticulously maintained top-floor condo—featuring 3 bedrooms, 2 bathrooms, and 1,228 sq. ft. of living space—is highly sought after for its prime location, both within the complex and the desirable Irvington neighborhood. Inside, the beautifully equipped galley kitchen features elegant granite countertops, full tile backsplash, electric stove, dishwasher, and an under-mount sink, flowing seamlessly into the dining area and a cozy living room complete with a fireplace. The spacious primary suite serves as a private retreat with a walk-in closet, an additional second closet, and an ensuite bathroom with standing shower. Two additional well-sized bedrooms offer large mirrored closets and share a convenient hallway bathroom with a shower over tub. Key highlights include in-unit laundry, two assigned parking spaces, central AC, abundant storage throughout, and HOA dues that cover water and garbage. The community offers premium amenities, including a refreshing pool, hot tub, clubhouse, elevator, and secure lobby, all while providing unbeatable convenience with easy access to Tesla, Costco, Lake Elizabeth, the Fremont HUB, diverse dining, major freeways (880 & 680), and the BART station just minutes away.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.8 mi
Grades K-6 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,228 | 1,290 |
| Lot Size | 108,029 | 60,720 |
| Price | $699.0K | $735.2K |
| Price per sq ft | $569 | $648 |
| Built year | 1983 | 2019 |
| HOA | $705.0 | $548 |
| Days on market | 6 | 54 |
Jul 16, 2026
$699,000
Initial Listing
Aug 19, 2004
$349,000
Public Record