4473 Hillsborough Dr, Castro Valley, California 94546, Castro Valley, 94546 - 4 bed, 3 bath
Loading property details...
Castro Valley, California 94546
This Spacious Single-Level Residence is a High-Potential Investment Opportunity, listed at $1,399,000—positioned well below the $1,428,272 Fair Market Value by 2%. This valuation gap offers $29,272 in Instant Equity for buyers. While the property holds a Well-Maintained Condition Rating, its original 1965 finishes provide a clear path for forced appreciation through cosmetic updates. Situated in the elite Parsons Estates near Lake Chabot trails and top-rated Proctor Elementary, this 2,668 sqft home is an ideal acquisition for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4473 Hillsborough Dr Subject | $1,399,000* List Price | 4 | 3 | 2,668 | $535 | - |
A 18153 18153 Plymouth Dr Sold | $1,362,000 | 3 | 3 | 2,391 | $570 | 0.8 mi |
B 18028 18028 Almond Rd Sold | $1,178,000 | 3 | 2 | 2,146 | $549 | 0.7 mi |
C 4205 Quail Hollow Pl Active | $1,788,000 List Price | 5 | 3 | 2,936 | $609 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is exceptionally well-maintained and move-in ready, but the interior finishes are dated. Built in 1965, the home features a kitchen with older tile countertops and cabinetry, along with dated fluorescent light panels in the living areas. While the appliances have been updated to stainless steel and the landscaping is excellent, the overall aesthetic and fixtures suggest the last major renovations occurred 20-30 years ago, fitting the 'fair' criteria.
Situated in the highly sought-after Parsons Estates, the property offers immediate access to Lake Chabot trails and is served by top-rated schools, including Proctor Elementary and Castro Valley High.
The rare 2,668 sqft single-story floor plan provides expansive living areas, including formal dining and family rooms, making it ideal for accessibility and long-term residency.
The property features an enormous garage, a large laundry room, and significant off-street parking with side access, catering perfectly to hobbyists or those with multiple vehicles.
Built in 1965, the home may require updates to its original systems or cosmetic finishes to meet the expectations of buyers seeking a fully contemporary aesthetic.
The $1.399M list price represents a high entry point for the Castro Valley market, which may narrow the field of prospective buyers to a more exclusive segment.
Large, bright, single level, four bedroom home in highly sought after Parsons Estates Neighborhood, only a few minutes walk to Lake Chabot trails. Tons of parking. Enoromous Garage and Laundry room. Beautifully landscaped, low maintenance back yard with tons of blooming flowers, empty garden beds, large covered deck and side access to the garage and laundry room. This home has a very large formal dining room, living room and family room. The kitchen is perfectly located between the family room and dining room with a dining bar and a breakfast nook. There is an abundance of natural light throught featuring breathtaking views of the beautifully landscaped back yard from almost every room in the house. The bedrooms are large with big closets. There are numerous large closets throughout for ample storage. This is a forever home, in a forever neighborhood. Very hard to find a property like this, that meets all requirements.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 2.3 mi
Grades 6-8 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 73% |
| Baths | 3.0 | 2.0 | 68% |
| Square foot | 2,668 | 1,537.5 | 94% |
| Lot Size | 10,640 | 6,361.5 | 87% |
| Price | $1.40M | $1.08M | 80% |
| Price per sq ft | $524 | $692 | 9% |
| Built year | 1965 | 1954 | 82% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 152 | 1% |
Apr 16, 2026
$1,399,000
Initial Listing