5137 Fairfax Ave, Oakland, California 94601, Oakland, 94601 - 3 bed, 2 bath
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Oakland, California 94601
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $815,000—positioned well below the $821,960 Fair Market Value by 0.85%. This valuation gap offers $6,960 in Instant Equity. Featuring a Mint Condition Rating, the home includes a modern kitchen, spa-inspired primary suite, and a large entertaining deck with bay views. The basement offers significant ADU potential for future expansion. This property is an ideal acquisition for Owner-Occupants seeking a move-in ready home or first-time buyers prioritizing lifestyle and long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5137 Fairfax Ave Subject | $815,000* List Price | 3 | 2 | 1,427 | $576 | - |
A 5431 5431 Ygnacio Ave Sold | $760,000 | 3 | 2 | 1,210 | $628 | 0.2 mi |
B 3631 Lyon Ave Sold | $985,000 | 3 | 2 | 1,754 | $562 | 0.9 mi |
C 5030 Congress Ave Sold | $950,000 | 3 | 3 | 1,408 | $675 | 0.1 mi |
D 2161 48th Ave Sold | $700,000 | 2 | 3 | 1,395 | $502 | 0.3 mi |
E 5483 Wadean Pl Sold | $590,000 | 3 | 2 | 1,450 | $407 | 0.4 mi |
F 2151 Santa Rita St Pending | $647,000 List Price | 3 | 2 | 1,209 | $535 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive high-end renovation within the last 5 years. It features a modern kitchen, a spa-inspired primary bathroom with contemporary gold fixtures and a soaking tub, recessed lighting throughout, and a large, well-maintained entertaining deck. The condition is mint and move-in ready with no maintenance required.
The home features a high-end primary sanctuary including a spa-inspired bathroom with a soaking tub and a dedicated dressing room with custom cabinetry, offering a level of luxury rare for this vintage.
The basement provides a significant opportunity to add value through an ADU or additional living square footage, maximizing the utility of the generous 5,200 sq ft lot.
A large entertaining deck with glimpses of the San Francisco Bay enhances the property's appeal, providing a premium space for outdoor dining and sunset viewing.
The assigned public schools for this address have low performance ratings, ranging from 1 to 3, which may be a concern for families and impact future appreciation.
The property is currently listed at $815,000, which is substantially lower than its 2021 sale price of $1.15M, suggesting a notable decline in market valuation or neighborhood volatility.
Located in Oakland's sought-after Fairfax/Maxwell Park neighborhood, 5137 Fairfax Avenue is where California charm meets modern luxury. Step inside and feel instantly at home. This light-filled 3-bedroom, 2-bath home offers 1,427 sq ft of living space that draws you in from the moment you arrive. The updated kitchen brings modern finishes and a fresh energy to the heart of the house, while recessed lighting throughout creates a warm, inviting glow from morning to evening. Every update made with care. The primary suite is a true sanctuary. A spa-inspired bathroom with a stunning shower and deep soaking tub offers a daily escape, and the dedicated dressing room- with built-in cabinetry. Outside, the large entertaining deck becomes your favorite room in the house. With glimpses of bay views as your backdrop, this is where morning coffee tastes better, where dinner parties linger longer, and where Oakland sunsets become something you look forward to every single day. The basement opens the door to exciting possibilities — an ADU, expanded living space, or whatever your vision calls for. All of this on a generous 5,200 sq ft lot, just moments from dining, shops, parks, and transit in one of Oakland's most beloved neighborhoods. This is not just a house — this is the one you've been waiting for.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades PK-8 • 0.4 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,427 | 1,383.5 | 56% |
| Lot Size | 5,200 | 4,310 | 75% |
| Price | $815.0K | $597.5K | 81% |
| Price per sq ft | $571 | $442 | 79% |
| Built year | 1922 | 1918 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 125 | 2% |
May 10, 2026
$815,000
Initial Listing
Jun 29, 2021
$1,150,000
Public Record
Apr 17, 2020
$835,000
Public Record
Apr 18, 2016
$535,000
Public Record
Nov 1, 2012
$397,500
Public Record
Dec 21, 1994
$160,000
Public Record