45346 Lumen Terr 302, Fremont, California 94539, Fremont, 94539 - 3 bed, 3 bath
45346 Lumen Terr 302
Fremont, California 94539
Property Price
SUMMARY
Analysis of 45346 Lumen Terr 302, Fremont, California 94539 is currently available with a list price of $1,465,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Fremont Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2022, this property is virtually new and falls well within the 10-year threshold for an excellent rating. The listing features high-end modern finishes including upgraded kitchen cabinetry, premium countertops, and contemporary flooring. All systems and fixtures are less than three years old, meeting current quality standards with no deferred maintenance or visible wear.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Luxury & Upgrades
Built in 2022, this contemporary condo features high-end finishes including upgraded cabinetry, premium countertops, and a custom primary closet, offering a turnkey experience for discerning buyers.
- Prime Commuter Location
Situated directly across from the Warm Springs BART station, the property offers unparalleled transit access to the entire Bay Area, making it an ideal hub for working professionals.
- Spacious Indoor-Outdoor Living
The generous 1,887 sq. ft. open-concept layout includes a dedicated office nook for remote work and an oversized private balcony perfect for outdoor dining and relaxation.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The monthly association fee of $793 is significant and may impact buyer affordability or debt-to-income ratios for those seeking lower fixed monthly expenses.
- Market Value Correction
The current list price is notably lower than the 2022 purchase price of $1.563M, suggesting a potential cooling in demand or valuation within this specific development.
About 45346 Lumen Terr 302
Newly built in 2022 a beautiful modern condo with highly upgraded kitchen cabinets, countertops, backsplash, flooring and huge outdoor patio/balcony for BBQs, and lounging. Very spacious open concept kitchen, dining room, and living room with an office nook, the perfect size for remote working. The primary bedroom is a private, spacious, serene hideaway with a custom closet, dual sink, en-suite bathrooms. Side by side 2 car garage. Metro crossing located across Warm Springs Bart Station. Right outside the building's door, you will find a park, plenty of guest parking, and a beautifully cared for community with a pool.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2022
- Lot Size
- 8,253 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $793.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.5 | 50% |
| Baths | 3.0 | 2.0 | 60% |
| Square foot | 1,887 | 1,519.5 | 80% |
| Lot Size | 8,253 | 8,215.5 | 50% |
| Price | $1.47M | $985.0K | 90% |
| Price per sq ft | $776 | $672 | 85% |
| Built year | 2022 | 2021 | 70% |
| HOA | $793.0 | $560 | 80% |
| Days on market | 31 | 167 | 5% |
Pricing History
Listed for Sale
Feb 25, 2026
$1,465,000
$1,499,999
-2% Price Drop
Initial Listing
Price Change
Feb 4, 2026
$1,499,999
Initial Listing
Sold
Sep 28, 2022
$1,563,000
Public Record