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
$975,000
SUMMARY
This Stunning Move-In Ready Home is listed at $975,000, offering exceptional stability as it is priced directly at its $975,000 Fair Market Value. Featuring a modern granite kitchen, fresh interior paint, and a Mint Condition Rating, this property requires zero immediate maintenance. Situated in the desirable Blackstone at the Cannery community, the home offers a unique park-view location and a flexible 4-bedroom layout perfect for multigenerational living. It is the ideal fit for a growing family or first-time buyers seeking a polished, stress-free transition in a prime Hayward location.
Estimated Market Value
$975,000
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 4 bd · 4 ba · 1,995 sqft · $489 | $975,000* List Price | 4 | 4 | 1,995 | $489 | - |
A 4028 Freestone Place Sold 4 bd · 4 ba · 1,995 sqft · $416 · 0.0 mi | $830,000 | 4 | 4 | 1,995 | $416 | 0.0 mi |
B 22640 Filbert St Sold 4 bd · 3 ba · 1,835 sqft · $534 · 0.3 mi | $980,000 | 4 | 3 | 1,835 | $534 | 0.3 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 property is in mint condition and features a highly modern kitchen with granite countertops, stainless steel appliances, and white cabinetry. The home includes updated central HVAC systems with recently cleaned ducts, fresh interior paint, and brand-new appliances (dishwasher, washer, and dryer), requiring no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern & Move-In Ready
Built in 2016, this home features fresh interior paint and brand-new appliances, offering a turnkey experience for buyers seeking a contemporary, low-maintenance lifestyle.
- Exceptional Layout
The rare configuration of 4 bedrooms and 4 full bathrooms provides maximum flexibility for multigenerational living, home offices, or guest accommodations.
- Premium Lot Position
As one of the limited detached homes overlooking the community park, the property enjoys superior views, natural light, and a sense of openness compared to neighboring units.
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.
- Minimal Lot Size
With a lot size of only 1,700 sq ft, the property offers very limited private outdoor space, which may not appeal to buyers seeking a traditional backyard.
- Market Stagnation
Having spent 70 days on the market with a recent price reduction, the property may face challenges regarding perceived value or competition within the local Hayward market.
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 | 1,445.564 |
| Lot Size | 1,700 | 5,648 |
| Price | $975.0K | $903.5K |
| Price per sq ft | $489 | $642 |
| Built year | 2016 | 1955 |
| HOA | $120.0 | $202 |
| Days on market | 109 | 43 |
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