516 Palmer Avenue, Hayward, California 94541, Hayward, 94541 - 4 bed, 4 bath
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516 Palmer Avenue
Hayward, California 94541
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
1,995Sq Ft
1,700Lot Size
Property Price
LIST PRICE$975,000
EST. MARKET VALUE
$1,000,000
SUMMARY
This Move-In Ready Single-Family Home is a Prime Investment Opportunity, listed at $975,000—positioned well below the $1,000,000 Fair Market Value by 2%. This valuation gap offers $25,000 in Instant Equity for the buyer. Featuring a Mint Condition Rating, this 2016-built property includes a modern granite kitchen and a park-front view. It is an ideal choice for Owner-Occupants seeking a turnkey lifestyle or first-time buyers looking for a high-quality, low-maintenance asset in a desirable community.
Estimated Market Value
$1,000,000
Based on Realkey algorithm analyzing recent comparable sales in Hayward.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 516 Palmer Avenue Subject | $975,000* List Price | 4 | 4 | 1,995 | $501 | - |
A 22640 Filbert St Sold | $980,000 | 4 | 3 | 1,835 | $534 | 0.3 mi |
B 4028 Freestone Place Pending | $859,000 List Price | 4 | 4 | 1,995 | $431 | 0.0 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.
Built in 2016, this home is less than 10 years old and remains in mint condition. It features a modern kitchen with white shaker cabinetry and granite countertops, fresh interior paint, new appliances, and updated systems, requiring no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Multigenerational Layout
Built in 2016, this home features a rare 4-bedroom, 4-full-bathroom configuration, providing exceptional flexibility for guests, home offices, or multigenerational living arrangements.
- Premium Park-Front Location
As one of the limited detached homes in the community, this property occupies a prime position overlooking the neighborhood park, offering peaceful green views and enhanced privacy.
- Turnkey Condition
The property is move-in ready with fresh interior paint, brand-new washer, dryer, and dishwasher, and professionally cleaned air ducts, reducing immediate maintenance costs for the buyer.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1700, living area = 1995.
- Limited Outdoor Space
With a lot size of only 1,700 sqft for a nearly 2,000 sqft home, the private outdoor area is minimal, which may be a drawback for buyers seeking a traditional backyard.
- Average School Ratings
The assigned public schools carry modest ratings (ranging from 3 to 5), which could be a concern for families prioritizing high-performing educational districts.
About 516 Palmer Avenue
Welcome to this move-in ready detached single-family home in the highly sought-after Blackstone at the Cannery community! Built in 2016, this beautifully maintained home offers approximately 1,995 sq ft of thoughtfully designed living space featuring 4 bedrooms and 4 full bathrooms, providing exceptional flexibility for multigenerational living, guests, or a home office. Ideally situated in the heart of the community, this is one of a limited number of detached homes overlooking the neighborhood park. Relax on the inviting front porch while enjoying peaceful views of mature trees, open green space, and the vibrant neighborhood atmosphere. Fresh interior paint, brand-new washer and dryer, new dishwasher, and professionally cleaned air ducts make this home truly move-in ready. Blackstone at the Cannery is known for its beautifully maintained grounds, welcoming neighbors, and desirable HOA. Just minutes from Highway 880, shopping, dining, parks, and highly rated schools, with an easy commute to Silicon Valley, Oakland, and San Francisco. Don't miss this rare opportunity to own one of the newer detached homes in one of Hayward's most desirable communities!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2016
- Lot Size
- 1,700 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $120.0 / Month
Neighborhood Insights
Hayward Unified Schools
Burbank Elementary School
Grades K-6 • 0.3 mi
5/10
Park Elementary School
Grades K-6 • 0.7 mi
3/10
Winton Middle School
Grades 7-8 • 0.3 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 1,995 | 1,414.085 |
| Lot Size | 1,700 | 5,679 |
| Price | $975.0K | $918.8K |
| Price per sq ft | $489 | $643 |
| Built year | 2016 | 1955 |
| HOA | $120.0 | $207 |
| Days on market | 64 | 42 |
Pricing History
Listed for Sale
Jul 22, 2026
$975,000
$1,000,000
-2% Price Drop
Initial Listing
Price Change
Jul 7, 2026
$1,000,000
Initial Listing
Sold
Oct 14, 2016
$743,000
Public Record