5136 5136 Ramsgate Dr, Newark, California 94560, Newark, 94560 - 4 bed, 3 bath
5136 5136 Ramsgate Dr
Newark, California 94560
Property Price
SUMMARY
Analysis of 5136 5136 Ramsgate Dr, Newark, California 94560 reveals a Prime Investment Opportunity with a current list price of $1,988,000—significantly undercutting the $2,066,281 Fair Market Value by 3%. This valuation gap indicates a +$78,281 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Newark Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5136 5136 Ramsgate Dr Subject | $1,988,000* List Price | 4 | 3 | 2,658 | $777 | - |
A 5139 Dryden Ct Sold | $1,465,000 | 4 | 3 | 2,144 | $683 | 0.5 mi |
B 36186 Forestwood Drive Sold | $2,050,000 | 4 | 3 | 2,322 | $883 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone extensive, high-end renovations that meet current quality standards. Key updates include a custom kitchen with cherry cabinetry and professional-grade appliances, a fully remodeled and expanded primary suite, and updated major systems such as the HVAC and dual/triple-pane windows. The interior features fresh paint, new carpeting, and engineered hardwood flooring, while the exterior boasts high-end pavers and a completely renovated backyard, all completed with permits.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Waterfront Location
Situated in 'The Lake' subdivision, this property offers rare and spectacular lake views from multiple vantage points, including the kitchen, family room, and primary suite.
- Extensive High-End Upgrades
The home features significant capital improvements including a custom cherry wood kitchen with professional appliances, updated HVAC, dual/triple pane windows, and premium slate patio landscaping.
- Luxury Primary Suite
The primary retreat has been expertly remodeled to include an expanded en-suite bathroom and a massive walk-in closet with custom built-ins, providing a high-end boutique feel.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
- Reduced Bedroom Count
The conversion of the 5th bedroom into a primary walk-in closet reduces the home's total bedroom count, which may limit appeal for larger families or those needing extra guest space.
- High Lot Coverage
With a substantial 2,658 sqft floorplan on a 4,680 sqft lot, the outdoor footprint is relatively compact, offering less yard space compared to other suburban properties in this price bracket.
About 5136 5136 Ramsgate Dr
Don’t miss this rare opportunity to own a stunning lake home with spectacular lake views. Enjoy lake views from the family room, kitchen and dining area as well as from the upstairs master bedroom and backyard patio. The bright and airy floorplan offers a formal living room with an updated electric fireplace, a separate family room, and a dining area with a sliding glass door to the backyard patio. Upgraded custom kitchen with Cherry wood cabinetry, granite counters, island and stainless-steel appliances including a professional gas cooktop. Upstairs, the remodeled primary suite with lake views features an oversized walk-in closet with custom built-in shelving and an expanded en-suite bathroom with updated shower, tub and vanity. Additional features include upgraded engineered hardwood flooring downstairs, newly installed carpet upstairs, fresh interior paint, dual and triple pane windows, recessed lighting, custom solid wood entry door, updated HVAC system, remodeled powder room, inside laundry room. (5th bedroom has been converted into huge primary walk-in closet.) All upgrades with permits. Outside, the driveway and the front yard features high-end pavers. Completely renovated backyard boasts a large slate patio with 2 pergolas, a firepit, and raised planters.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 4,680 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Newark Unified Schools
John F. Kennedy Elementary School
Grades K-6 • 0.4 mi
E. L. Musick Elementary School
Grades K-6 • 1.0 mi
Newark Junior High School
Grades 7-8 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 53% |
| Square foot | 2,658 | 1,829 | 91% |
| Lot Size | 4,680 | 6,000 | 27% |
| Price | $1.99M | $1.43M | 91% |
| Price per sq ft | $748 | $798 | 37% |
| Built year | 1972 | 1967 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 173 | 2% |
Pricing History
Listed for Sale
Feb 25, 2026
$1,988,000
Initial Listing
Sold
Nov 22, 2011
$708,000
Public Record