
Newark, California 94560
This Turnkey Single-Story Residence is a Strong Value Opportunity, listed at $1,450,000—positioned well below the $1,521,273 Fair Market Value by 4%. This valuation gap offers $71,273 in Instant Equity for the buyer. Featuring a Recent Comprehensive Remodel and an Excellent Condition Rating, the home includes a modern kitchen, new flooring, and a private patio. Located in the desirable Newark Lake area, it is an ideal choice for Owner-Occupants or first-time buyers seeking a move-in-ready home near local schools.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4980 Stafford Pl Subject 4 bd · 2 ba · 1,707 sqft · $891 | $1,450,000* List Price | 4 | 2 | 1,707 | $891 | - |
A 4815 Windermere Dr Sold 3 bd · 2 ba · 1,681 sqft · $934 · 0.4 mi | $1,570,000 | 3 | 2 | 1,681 | $934 | 0.4 mi |
B 35279 Farnham Dr Sold 4 bd · 2 ba · 1,697 sqft · $1,016 · 0.4 mi | $1,725,000 | 4 | 2 | 1,697 | $1,016 | 0.4 mi |
C 35290 Farnham Dr Sold 4 bd · 2 ba · 1,697 sqft · $972 · 0.4 mi | $1,650,000 | 4 | 2 | 1,697 | $972 | 0.4 mi |
D 36288 Tudor Pl Sold 4 bd · 2 ba · 1,693 sqft · $886 · 0.4 mi | $1,500,000 | 4 | 2 | 1,693 | $886 | 0.4 mi |
E 5298 5298 Sussex Pl Sold 3 bd · 3 ba · 1,707 sqft · $861 · 0.4 mi | $1,470,000 | 3 | 3 | 1,707 | $861 | 0.4 mi |
F 35415 Blackburn Dr Sold 4 bd · 3 ba · 1,866 sqft · $780 · 0.6 mi | $1,455,000 | 4 | 3 | 1,866 | $780 | 0.6 mi |
G 36294 Darvon St Sold 3 bd · 2 ba · 1,232 sqft · $1,031 · 0.4 mi | $1,270,000 | 3 | 2 | 1,232 | $1,031 | 0.4 mi |
H 5342 Westbury Court Sold 4 bd · 2 ba · 1,970 sqft · $779 · 0.4 mi | $1,535,000 | 4 | 2 | 1,970 | $779 | 0.4 mi |
I 4860 Humber Place Active 3 bd · 2 ba · 1,681 sqft · $945 · 0.3 mi | $1,588,888 List Price | 3 | 2 | 1,681 | $945 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1968, the property has undergone a recent comprehensive remodel with city permits, including the kitchen and both bathrooms. With new laminate flooring, new carpeting, fresh interior/exterior paint, and a move-in ready status, it meets the criteria for a high-quality recent renovation (<5 years).
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8058, living area = 1707.
The home features permitted updates including a modernized kitchen, remodeled bathrooms, new flooring, and fresh paint, offering a turnkey, move-in-ready experience for buyers.
Situated in the highly sought-after Newark Lake area, the property benefits from a desirable subdivision known for its community appeal and proximity to local amenities.
A significant $100,000 price reduction after 33 days on the market suggests initial overpricing, which may lead to buyer hesitation regarding the property's current valuation.
The assigned public schools carry ratings between 4 and 6, which may be a drawback for families specifically seeking top-tier academic districts in the Bay Area.
Just Reduced Price $100k !!!! Welcome to this desirable single-story home in the sought-after Newark Lake area, beautifully updated and truly move-in ready. Recently remodeled with City of Newark permits, this inviting home features 4 bedrooms, 2 beautifully remodeled bathrooms, and an updated kitchen designed for today’s lifestyle. Fresh interior and exterior paint, new laminate flooring, new carpeting, and additional improvements throughout give the home a clean, refreshed feel from the moment you arrive. Located in one of Newark’s most desirable neighborhoods and close to highly regarded local schools, this home offers the combination of location, comfort, and extensive recent upgrades buyers have been waiting for. Don’t settle for less—this beautifully remodeled Newark home is ready to move in and enjoy. OPEN HOUSE: Saturday, October 17 | 1:00 PM – 4:00 PM and Sunday, October 18 | 2:00 PM – 4:00 PM
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 0.9 mi
Grades 7-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.4 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,707 | 1,640.89 |
| Lot Size | 8,058 | 6,009.146 |
| Price | $1.45M | $1.36M |
| Price per sq ft | $849 | $828 |
| Built year | 1968 | 1981 |
| HOA | $0 | $223 |
| Days on market | 36 | 47 |
Oct 14, 2026
$1,450,000
$1,550,000
-6% Price Drop
Initial Listing
Sep 18, 2026
$1,550,000
Initial Listing
Mar 28, 1985
$139,270
Public Record