516 Palmer Avenue, Hayward, California 94541, Hayward, 94541 - 4 bed, 4 bath
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Hayward, California 94541
This Turnkey Single-Family Residence represents a Strong Value Opportunity, listed at $1,000,000—positioned well below the $1,112,049 Fair Market Value by 10%. This valuation gap provides $112,049 in Instant Equity for the buyer. Boasting a Condition Rating of 2, this 2016-built home features modern finishes and a Park-Facing View. While the lot size is compact, the versatile 4-bedroom layout is perfect for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready sanctuary in the Blackstone at the Cannery community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 516 Palmer Avenue Subject | $1,000,000* List Price | 4 | 4 | 1,995 | $557 | - |
A 22640 Filbert St Sold | $980,000 | 4 | 3 | 1,835 | $534 | 0.3 mi |
B 328 C St Sold | $1,008,000 | 4 | 3 | 1,607 | $627 | 0.2 mi |
C 4028 Freestone Place Active | $988,000 List Price | 4 | 4 | 1,995 | $495 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, this property is under 10 years old and remains in mint condition. The kitchen features modern white cabinetry, stone countertops, and a contemporary backsplash. With fresh interior paint, new appliances, and modern systems (HVAC/Electric) consistent with its recent construction, the home is fully move-in ready with no maintenance required.
With 4 bedrooms and 4 full bathrooms, this 2016-built home offers exceptional flexibility for multigenerational living, guests, or a professional home office setup.
Ideally situated as a detached home overlooking the neighborhood park, providing superior views of green space and mature trees compared to other units in the community.
The property is move-in ready with fresh interior paint, brand-new appliances (washer, dryer, and dishwasher), and professionally cleaned air ducts, reducing immediate maintenance costs.
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.
The modest 1,700 sq ft lot size offers very little private yard space, which may be a drawback for buyers seeking traditional outdoor areas or gardening opportunities.
The assigned elementary and middle schools carry lower ratings (3/10), which could be a concern for families prioritizing high-performing educational institutions.
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!
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.7 mi
Grades 7-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 1,995 | 1,355 |
| Lot Size | 1,700 | 5,882 |
| Price | $1.00M | $951.3K |
| Price per sq ft | $501 | $640 |
| Built year | 2016 | 1956 |
| HOA | $120.0 | $220 |
| Days on market | 15 | 39 |
Jul 7, 2026
$1,000,000
Initial Listing
Oct 14, 2016
$743,000
Public Record