
Alameda, California 94501
This Modern Luxury Alameda Landing Residence is a High-Potential Investment Opportunity, listed at $1,088,000—positioned well below the $1,292,744 Fair Market Value by 15%. This significant valuation gap provides $204,744 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating, the 2,303 sq ft home features a gourmet kitchen, versatile multi-level layout, and seamless commuter access via the SF Ferry and BART shuttle. Located near Encinal Junior/Senior High, it perfectly balances high-end lifestyle with substantial financial upside. This is an ideal acquisition for Owner-Occupants or Value-Seeking Professionals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 475 Mitchell Avenue Subject | $1,088,000* List Price | 4 | 4 | 2,303 | $561 | - |
A 477 Mitchell Ave Sold | $1,170,000 | 3 | 3 | 2,072 | $565 | 0.0 mi |
B 467 Mitchell Ave Sold | $1,125,000 | 3 | 4 | 1,937 | $581 | 0.0 mi |
C 2683 5th St Sold | $1,160,000 | 3 | 3 | 2,248 | $516 | 0.2 mi |
D 538 Martin Mariner Avenue Sold | $1,150,000 | 3 | 3 | 1,997 | $576 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, this property falls within the 10-year window for an excellent rating. The interior features a high-end gourmet kitchen with premium stone countertops, dark wood cabinetry, and stainless steel appliances. The open-concept living area includes modern recessed lighting, contemporary pendant fixtures, and high-quality flooring. The property appears meticulously maintained with no visible deferred maintenance, reflecting current luxury design standards.
The 2,303 sq ft floor plan includes a ground-level en-suite bedroom, providing excellent flexibility for multi-generational living, a guest suite, or a private home office.
Ideally situated for commuters with easy access to the SF ferry, a complimentary BART shuttle, and a free water taxi, offering seamless travel across the Bay Area.
Built in 2016, this residence features a contemporary open-concept living area, a high-end gourmet kitchen, and multiple private balconies that blend style with functional comfort.
The three-story configuration may be a drawback for buyers with mobility concerns or those who prefer the convenience of a single-level living space.
The monthly association fee of $428 adds a significant recurring expense to the ownership costs, which may impact the budget for some prospective buyers.
Step into luxury living spanning an impressive 2,303 sq ft across three thoughtfully designed floors, this rare 4 bed, 3.5 bath Alameda Landing residence delivers the space, style, and sophistication of a single-family home with all the ease of modern condo living in a desirable location with great schools, shopping, parks and views of the San Francisco bay nearby. A level-in entry with an en-suite bedroom sets the tone for flexibility and function — perfect for a home office, guest suite, or multi-generational living. Upstairs features an open concept layout for effortless flow between the dining room, living room, half bath, and a to-die-for kitchen that will instantly make you salivate. Access the breezy balcony for entertaining directly from the living room. The sun-drenched top level offers a thoughtfully placed laundry closet, two generously sized secondary bedrooms, a full bathroom, and spacious primary suite with walk-in closet, en-suite bathroom, and private balcony. Park your car in the garage and embrace city life with the complimentary BART shuttle, the nearby ferry terminal, the free water taxi, and multiple AC Transit bus lines putting the entire region at your fingertips. In Alameda Landing, you truly get the best of all worlds. Come see it. You'll want to stay forever.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 2.0 mi
Grades 6-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 97% |
| Baths | 4.0 | 2.0 | 94% |
| Square foot | 2,303 | 1,141.5 | 97% |
| Lot Size | 8,436 | 18,631.5 | 39% |
| Price | $1.09M | $657.5K | 86% |
| Price per sq ft | $472 | $557 | 17% |
| Built year | 2016 | 1974 | 72% |
| HOA | $428.0 | $599 | 22% |
| Days on market | 5 | 174 | 3% |
Apr 17, 2026
$1,088,000
Initial Listing
Dec 21, 2021
$1,225,000
Public Record
Jul 1, 2016
$940,000
Public Record