5016 Black Avenue, Pleasanton, California 94566, Pleasanton, 94566 - 4 bed, 2 bath
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5016 Black Avenue
Pleasanton, California 94566
ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,675Sq Ft
7,156Lot Size
Property Price
LIST PRICE$1,575,000
EST. MARKET VALUE
$1,551,296
SUMMARY
This Spacious Single-Family Residence represents a Strong Value Opportunity, listed at $1,575,000—positioned well below the $1,516,061 Fair Market Value by -3%. While the list price is slightly above the estimated value, the property offers significant upside through its ADU Development Potential on a premier corner lot. Featuring a Condition Rating of 3, the home includes a private patio and proximity to top-rated schools like Amador Valley High (9/10). This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation in Pleasanton.
Estimated Market Value
$1,551,296
Based on Realkey algorithm analyzing recent comparable sales in Pleasanton.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5016 Black Avenue Subject 4 bd · 2 ba · 1,675 sqft · $926 | $1,575,000* List Price | 4 | 2 | 1,675 | $926 | - |
A 2452 Crestline Sold 3 bd · 2 ba · 1,736 sqft · $996 · 0.5 mi | $1,729,000 | 3 | 2 | 1,736 | $996 | 0.5 mi |
B 4812 Golden Rd Sold 4 bd · 2 ba · 1,854 sqft · $796 · 0.2 mi | $1,475,000 | 4 | 2 | 1,854 | $796 | 0.2 mi |
C 5556 Paseo Navarro Sold 4 bd · 3 ba · 1,950 sqft · $851 · 0.5 mi | $1,660,000 | 4 | 3 | 1,950 | $851 | 0.5 mi |
D 1684 Ramblewood Way Sold 3 bd · 2 ba · 1,540 sqft · $890 · 0.1 mi | $1,370,000 | 3 | 2 | 1,540 | $890 | 0.1 mi |
E 4767 Del Valle Pkwy Sold 4 bd · 3 ba · 2,088 sqft · $852 · 0.3 mi | $1,780,000 | 4 | 3 | 2,088 | $852 | 0.3 mi |
F 2764 Willowren Way Sold 3 bd · 2 ba · 1,724 sqft · $977 · 0.6 mi | $1,685,000 | 3 | 2 | 1,724 | $977 | 0.6 mi |
G 1265 Kolln Street Sold 4 bd · 2 ba · 1,654 sqft · $780 · 0.9 mi | $1,290,000 | 4 | 2 | 1,654 | $780 | 0.9 mi |
H 2090 Foxswallow Rd Sold 4 bd · 2 ba · 1,923 sqft · $949 · 0.6 mi | $1,825,000 | 4 | 2 | 1,923 | $949 | 0.6 mi |
I 1647 Harvest Rd Active 3 bd · 2 ba · 1,540 sqft · $948 · 0.1 mi | $1,460,000 List Price | 3 | 2 | 1,540 | $948 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although originally built in 1965, the home has been well-maintained and features updates likely completed within the last 5-15 years. The kitchen is functional and move-in ready with updated white cabinetry and modern stainless steel appliances, while the living areas feature updated flooring, recessed lighting, and clean finishes throughout.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7156, living area = 1675.
- Great Schools
High School: Amador Valley High School (9/10).
- Prime Location & Schools
Situated in the desirable Pleasanton Valley, the home is within walking distance to top-rated schools including Walnut Grove Elementary and Amador Valley High, ensuring strong long-term property value.
CONSRISKS & DEFICIENCIES
- Market Stagnation
With 45 days on the market and a recent $55,000 price reduction, the property has faced initial challenges in aligning with buyer valuation expectations.
- Vintage Infrastructure
Built in 1965, the home may require modernization of its original systems or interior finishes to compete with newer or fully renovated residences in the area.
About 5016 Black Avenue
Open house 10/18 from 1:00 to 4:00 , now listed at $1,575,000 from $1,630,000.....This one-story home shows a unique opportunity to purchase a 4 BDR in the Pleasanton Valley neighborhood. The home’s entry opens to the living room with 9 ft ceilings. Enjoy the spacious family room, with access to the backyard through designer step-out French doors. The patio’s open space offers movement throughout the yard, along with corner-lot privacy and a spacious grass area. Evening lighting enhances the landscaping for evening relaxation. Premier corner lot with private gate access to the adjacent cul-de-sac court, offering added convenience. A possible area for an ADU with its corner location and a separate ADU entrance. The kitchen’s design offers generous counter space and cabinetry with an open concept to the dining area. The Primary suite also offers French doors to the home's private backyard patio. Located in the heart of Pleasanton with easy access to all levels of award-winning schools and commute access.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 7,156 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Pleasanton Unified Schools
Walnut Grove Elementary School
Grades K-5 • 0.1 mi
8/10
Alisal Elementary School
Grades K-5 • 0.7 mi
6/10
Harvest Park Middle School
Grades 6-8 • 0.3 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,675 | 2,061.325 |
| Lot Size | 7,156 | 7,331.472 |
| Price | $1.57M | $1.69M |
| Price per sq ft | $940 | $811 |
| Built year | 1965 | 1978 |
| HOA | $0 | $284 |
| Days on market | 79 | 44 |
Pricing History
Listed for Sale
Sep 20, 2026
$1,575,000
$1,630,000
-3% Price Drop
Initial Listing
Price Change
Aug 6, 2026
$1,630,000
Initial Listing
Sold
Jul 5, 2002
$552,000
Public Record