505 Jane Lane, Oakley, California 94561, Oakley, 94561 - 5 bed, 5 bath
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505 Jane Lane
Oakley, California 94561
ACTIVE
CONDITION: FAIR
5Beds
5Baths
4,365Sq Ft
7,350Lot Size
Property Price
LIST PRICE$998,000
EST. MARKET VALUE
$905,243
10% AboveMARKET VALUE
SUMMARY
This Spacious Multi-Generational Residence is a High-Potential Investment Opportunity, listed at $998,000—positioned above the $905,243 Fair Market Value. While the price reflects a premium, the property offers significant utility with a 4,365 sqft floor plan, a rare 4-car garage, and a dedicated in-law unit. With a Condition Rating of 4, the home features high-end original model finishes that invite cosmetic modernization. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, large-scale asset with significant long-term value potential.
Estimated Market Value
$905,243
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 |
|---|---|---|---|---|---|---|
★ 505 Jane Lane Subject | $998,000* List Price | 5 | 5 | 4,365 | $207 | - |
A 11 Pinenut Ct Sold | $850,000 | 6 | 3 | 3,376 | $252 | 0.9 mi |
B 10 Kali Ct Sold | $749,000 | 5 | 3 | 2,813 | $266 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2004, the property is 22 years old. While it was a former model home with many upgrades, the interior finishes—specifically the kitchen cabinetry, bathroom tile, and lighting fixtures—are original and now dated. Per the criteria for homes over 20 years old with original systems and decor, it requires minor repairs and modern updates to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Generational Living
The property features a dedicated upstairs in-law unit complete with two rooms, a bathroom, and a kitchenette, providing excellent flexibility for extended family or rental potential.
- Premium Model Home Upgrades
As a former model home, this residence is loaded with high-end finishes including European Beach Wood cabinetry, coffered ceilings, three fireplaces, and an integrated music system.
- Expansive Living and Storage
With over 4,300 square feet of living space and a rare four-car garage, the home offers significant scale and utility that is difficult to find in standard residential listings.
CONSRISKS & DEFICIENCIES
- Underperforming School District
The assigned local schools have relatively low ratings, particularly the middle school at a 2/10, which may deter families prioritizing high-performance education.
- High Lot Coverage
The large 4,365 square foot structure occupies a significant portion of the 7,350 square foot lot, resulting in limited backyard space for outdoor activities or gardening.
About 505 Jane Lane
Welcome to this beautiful former model home which has all the upgrade items you wish to have. 6 bedrooms 5 bath, 4 car garage, Upstairs with a in-law unit with 2 rooms and bath and small kitchen. European Beach Wood Cabinets with Champagne stain in the kitchen, Walnut Stain for the Island and on secondary cabinets. 3 fireplaces with tv niche at master room retreat. Coffer ceiling and can lighting in dining room. Music system ..... too many upgrades to count
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 7,350 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakley Unified Schools
Orchard Park School
Grades K-8 • 1.0 mi
4/10
Dallas Ranch Middle School
Grades 6-8 • 3.4 mi
2/10
Deer Valley High School
Grades 9-12 • 2.5 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.7 |
| Baths | 5.0 | 2.7 |
| Square foot | 4,365 | 1,937.639 |
| Lot Size | 7,350 | 6,329.59 |
| Price | $998.0K | $665.4K |
| Price per sq ft | $229 | $347 |
| Built year | 2004 | 1995 |
| HOA | $0 | $116 |
| Days on market | 39 | 47 |
Pricing History
Listed for Sale
Aug 1, 2026
$998,000
Initial Listing