5029 Teakwood Dr, Oakley, California 94561, Oakley, 94561 - 4 bed, 2 bath
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5029 Teakwood Dr
Oakley, California 94561
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,368Sq Ft
6,000Lot Size
Property Price
LIST PRICE$595,000
EST. MARKET VALUE
$658,075
9% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $595,000—positioned well below the $658,075 Fair Market Value by 9%. This valuation gap offers $63,075 in Instant Equity for the buyer. Featuring a Private Pool, modern kitchen, and new LVP flooring, the home maintains a Mint Condition Rating. Its functional 4-bedroom layout provides a versatile living space, making it an ideal acquisition for Owner-Occupants seeking a move-in-ready lifestyle or first-time buyers looking for immediate value.
Estimated Market Value
$658,075+$63,075 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Oakley.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5029 Teakwood Dr Subject | $595,000* List Price | 4 | 2 | 1,368 | $481 | - |
A 1913 Teresa Ln Sold | $550,000 | 4 | 2 | 1,503 | $366 | 0.3 mi |
B 4950 Dawson Dr Sold | $600,000 | 4 | 2 | 1,398 | $429 | 0.2 mi |
C 1621 Edgewood Dr Sold | $550,000 | 3 | 2 | 1,176 | $468 | 0.3 mi |
D 4145 Sequoia Dr Sold | $660,000 | 3 | 2 | 1,571 | $420 | 1.0 mi |
E 4831 Fuschia Way Sold | $600,000 | 3 | 2 | 1,164 | $515 | 0.5 mi |
F 200 Spindrift Ct Sold | $585,000 | 3 | 2 | 1,238 | $473 | 0.7 mi |
G 215 Spindrift Ct Sold | $677,000 | 3 | 2 | 1,571 | $431 | 0.7 mi |
H 4730 Duarte Ave Sold | $625,000 | 3 | 3 | 1,461 | $428 | 0.5 mi |
I 1749 Domaine Way Pending | $639,000 List Price | 3 | 2 | 1,492 | $428 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1983, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with white shaker cabinets and stainless steel appliances, updated bathrooms with contemporary fixtures, and new LVP flooring throughout. The home is in mint, move-in-ready condition with high-end finishes.
PROSSTRENGTHS & OPPORTUNITIES
- Private Pool
The property features a private backyard pool, providing a significant lifestyle benefit for outdoor entertaining and relaxation during warm Oakley summers.
- Move-In Ready Condition
Described as exceptionally clean and well-maintained, this home offers a turnkey opportunity for buyers looking to avoid immediate renovation costs.
- Functional 4-Bedroom Layout
The four-bedroom configuration provides versatile space for growing families or home offices, which is highly desirable in the current market.
CONSRISKS & DEFICIENCIES
- Compact Living Space
With 1,368 square feet distributed across four bedrooms, the individual room sizes and common areas may feel somewhat constrained compared to newer builds.
- Aging Infrastructure
Built in 1983, the property may soon require updates to major systems or structural components that are approaching the end of their typical lifecycle.
About 5029 Teakwood Dr
Welcome to 5029 Teakwood Dr in Oakley! This beautifully maintained 4-bedroom home is super clean, move-in ready, and waiting for its new owners. Step inside to a bright, inviting floor plan with plenty of space for everyday living and entertaining. The backyard is ready for summer fun with your own private pool perfect for relaxing, entertaining, BBQs, and enjoying those warm Oakley days. Conveniently located near Downtown Oakley, shopping, dining, parks, schools, and commuter routes. Whether you're searching for more space, a home with a pool, or a move-in-ready property in Oakley, this is an amazing opportunity you won't want to miss. Come see what makes this Oakley home special!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1983
- Lot Size
- 6,000 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
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.7 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,368 | 1,937.639 |
| Lot Size | 6,000 | 6,329.59 |
| Price | $595.0K | $665.4K |
| Price per sq ft | $435 | $347 |
| Built year | 1983 | 1995 |
| HOA | $0 | $116 |
| Days on market | 6 | 47 |
Pricing History
Listed for Sale
Sep 3, 2026
$595,000
Initial Listing