
Alameda, California 94501
This Modern Waterfront Residence is a High-Potential Investment Opportunity, listed at $839,000—positioned well below the $964,345 Fair Market Value by 12%. This valuation gap offers $125,345 in Instant Equity. Featuring a Mint Condition Rating and a rare 5.3% assumable mortgage, this 2024-built corner unit offers unobstructed panoramic views and a gourmet kitchen. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium, turn-key lifestyle with significant financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 453 Sentinel Dr Subject | $839,000* List Price | 2 | 2 | 1,102 | $875 | - |
A 1 1 Avocet Ct Sold | $980,000 | 3 | 3 | 1,365 | $718 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2024, this property is in mint condition. It features a modern gourmet kitchen with premium stainless steel appliances, spa-inspired bathrooms, and brand-new HVAC and electrical systems, requiring no maintenance.
The property features a rare 5.3% assumable 30-year fixed mortgage, providing a significant competitive advantage and monthly savings in the current interest rate environment.
As a front-row corner unit, this residence offers unobstructed, panoramic views of the Oakland Estuary and San Francisco skyline that are among the best in the Bay 37 community.
Built in 2024, this nearly new construction offers contemporary aesthetics, a gourmet kitchen with premium appliances, and direct access to waterfront promenades and community amenities.
The three-level configuration may be a drawback for buyers sensitive to stairs or those seeking a more accessible, single-level living experience.
With only 1,102 square feet of living space and a one-car garage, the property may feel compact for buyers requiring extra storage or multi-vehicle housing.
UNICORN UNIT! Exceedingly rare opportunity to own what may be the most desirable residence on the waterfront at Bay 37 - a north-facing, front-row 2yr old corner unit with unobstructed panoramic views of the Oakland Estuary and SF skyline in one of the community’s quietest locations. This stunning 3-level modern home offers the ultimate in waterfront living. The entry level opens directly onto the waterfront promenade and includes a 1-car garage and guest bath. The main level features a gourmet kitchen with premium appliances, dining area, and open-concept great room flowing to a private waterfront balcony - perfect for entertaining while enjoying the water views. Upstairs, the luxurious primary suite features a spa-inspired bath, large closet, and private balcony with sweeping waterfront views, plus a guest bedroom with closet. Enjoy waterfront paths, parks, picnic areas, playground and community dock, plus easy access to shopping, dining, Transbay to Salesforce, water taxi and SF ferry. Front row. Corner unit. Unobstructed views. A true Bay 37 unicorn.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.4 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,102 | 1,802.602 |
| Lot Size | - | 4,310.843 |
| Price | $839.0K | $1.43M |
| Price per sq ft | $761 | $823 |
| Built year | 2024 | 1928 |
| HOA | $358.0 | $273 |
| Days on market | 26 | 37 |
Aug 14, 2026
$839,000
Initial Listing
Sep 16, 2024
$900,500
Public Record