5160 Old Redwood Road, Oakland, California 94619, Oakland, 94619 - 4 bed, 4 bath
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Oakland, California 94619
This Spacious Hillside Residence represents a Prime Investment Opportunity, listed at $1,998,000—positioned well below the $2,041,494 Fair Market Value by 2%. This valuation gap offers $43,494 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with over $120,000 in recent upgrades, including Solar + Battery Backup and Panoramic Bay Views, this home is move-in ready. The versatile layout with potential ADU access makes it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end, multigenerational property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5160 Old Redwood Road Subject | $1,998,000* List Price | 4 | 4 | 4,201 | $486 | - |
A 4206 Huntington Street Active | $1,698,000 List Price | 4 | 3 | 3,619 | $469 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent extensive renovations since 2022 (less than 5 years ago) totaling over $120,000. Key updates include a modern kitchen with quartz countertops, remodeled bathrooms, new wood flooring, and premium Pella windows. Major systems are in mint condition with the addition of a solar and battery backup system, central A/C, and a recently replaced sewer lateral.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17715, living area = 4201.
The property offers breathtaking Bay and hillside views from a quiet cul-de-sac, providing a serene setting just minutes from Redwood Regional Park and Montclair Village.
With over $120,000 in recent improvements, the home features premium Pella windows, a solar plus battery backup system, and a compliant sewer lateral, offering significant value and peace of mind.
A substantial price reduction of $352,000 and 56 days on market suggest the property was initially overpriced, which may impact buyer perception of its market value.
The large 4,201 sqft footprint and hillside lot location typically result in higher long-term maintenance costs and potentially elevated insurance premiums common in the Oakland Hills.
Panoramic Bay and hillside views surround this spacious level-in ranch home tucked away on a quiet cul-de-sac near open space trails, Redwood Regional Park, and just minutes from shopping, dining, and Montclair Village. Extensively improved since 2022 with over $120,000 in documented upgrades, including new wood flooring, premium Pella Impervia windows and sliding doors, fresh interior paint, remodeled downstairs bathroom with new shower, extensive redwood fencing and gates, replaced sewer lateral with EBMUD compliance through 2042, and a solar + battery backup system. The open-concept main level features expansive view decks, central A/C, quartz countertops, a large kitchen island with gas range, and a spacious primary suite with deck access, marble bath, and walk-in closet. Downstairs offers flexible living with a large family room, additional bedroom and full bath, second primary suite, laundry, storage, and potential ADU or multigenerational setup with possible separate access. Rare combination of panoramic views, versatile layout, and major system upgrades in the Oakland Hills.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 4,201 | 1,587.5 |
| Lot Size | 17,715 | 5,000 |
| Price | $2.00M | $1.06M |
| Price per sq ft | $476 | $623 |
| Built year | 1981 | 1928 |
| HOA | $0 | $338 |
| Days on market | 69 | 35 |
May 31, 2026
$1,998,000
$2,350,000
-15% Price Drop
Initial Listing
May 14, 2026
$2,350,000
Initial Listing
Apr 29, 2022
$2,350,000
Public Record
Sep 21, 2010
$771,000
Public Record