5246 Abbey Ct, Newark, California 94560, Newark, 94560 - 3 bed, 2 bath
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Newark, California 94560
This Single Family Residence represents a Strong Value Opportunity, listed at $1,000,000—positioned well below the $1,072,775 Fair Market Value by 6%. This valuation gap provides $72,775 in Instant Equity for the buyer. While the home maintains a Condition Rating of 4, the property features a 9,450 sqft lot with rare side access for recreational storage. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic Silicon Valley location with significant long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5246 Abbey Ct Subject | $1,000,000* List Price | 3 | 2 | 1,126 | $953 | - |
A 5296 Spencer Ct Sold | $1,100,000 | 3 | 2 | 1,309 | $840 | 0.1 mi |
B 35975 Ruschin Dr Sold | $1,165,000 | 3 | 2 | 1,136 | $1,026 | 0.9 mi |
C 36005 Rosewood Dr Sold | $1,260,000 | 3 | 2 | 1,399 | $901 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, the home is well-maintained and features fresh paint and refinished hardwood floors. However, the kitchen is significantly dated with 1970s/80s style cabinetry, tiled countertops, and older appliances. While the bathrooms have seen minor fixture updates, the property overall requires modernization of its primary systems and kitchen to move beyond its current dated condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9450, living area = 1126.
The property boasts a generous 9,450 sqft lot in a quiet court location, featuring a resort-style backyard and rare side access suitable for boat or RV storage.
This move-in-ready home features significant updates including refinished hardwood floors, fresh interior paint, and modernized bathrooms, offering immediate comfort for the buyer.
At 1,126 square feet for a three-bedroom, two-bathroom residence, the interior living space is relatively compact and may feel restrictive for larger families.
Built in 1959, the home's core systems and structural components are over 60 years old, which may necessitate future investments in maintenance or modernization.
Welcome to 5246 Abbey Ct in Newark, a beautifully updated home situated on a large lot in a highly desirable court location. This move-in-ready residence features 3 spacious bedrooms and 2 updated bathrooms, offering comfort and functionality throughout. The grand living room showcases a cozy fireplace and sliding glass doors that open to the backyard, while abundant natural light fills every room. The expansive kitchen provides ample space for cooking and entertaining, complemented by a separate dining area perfect for gatherings. Fresh interior paint, refinished hardwood floors, generous storage, and a huge garage add to the home’s appeal. Step outside to your resort-style backyard retreat with side access for a boat, jet ski’s and cars. Ideal for relaxing, entertaining, and enjoying California’s indoor-outdoor lifestyle. Conveniently located near major highways, shopping centers, schools, and many of Silicon Valley’s leading tech companies, this exceptional property combines comfort, convenience, and location in one outstanding package.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,126 | 1,482 |
| Lot Size | 9,450 | 6,700 |
| Price | $1.00M | $1.46M |
| Price per sq ft | $888 | $875 |
| Built year | 1959 | 1969 |
| HOA | $0 | $222 |
| Days on market | 35 | 40 |
Jun 17, 2026
$1,000,000
Initial Listing