This custom mid-century residence presents a High-Potential Investment Opportunity with a List Price of $1,400,000—positioned well below the $1,437,054 Fair Market Value by 2%. This valuation gap offers $37,054 in Instant Equity for buyers. Featuring a Condition Rating of 5, the property requires significant restoration to modernize its original 1976 systems. With a 17,633 sqft lot, swimming pool, and Proctor School District access, this is an ideal project for Value-Add Investors or Owner-Occupants seeking to restore a unique architectural asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5284 Camino Alta Mira Subject | $1,400,000* List Price | 4 | 3 | 2,306 | $623 | - |
A 18320 18320 Pepper St Sold | $1,100,000 | 4 | 2 | 1,414 | $778 | 0.7 mi |
B 18028 18028 Almond Rd Sold | $1,178,000 | 3 | 2 | 2,146 | $549 | 0.8 mi |
C 18508 Madison Ave Active | $1,225,000 List Price | 4 | 2 | 2,178 | $562 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1976 and offered by the original owner, this 50-year-old property is in largely original condition. The listing explicitly mentions the need to 'restore and elevate' the home and utilizes digitally altered images to show potential, indicating that the kitchen, bathrooms, and major systems require significant rehabilitation rather than minor updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17633, living area = 2306.
Inspired by Frank Lloyd Wright, this custom mid-century modern home features unique elements like vaulted wood ceilings, stained glass, and a dramatic boulder fireplace, offering rare character and enduring value.
Situated in the prestigious Proctor School District and bordering EBMUD Watershed land, the property provides exceptional privacy, hillside views, and immediate access to nature.
As an original-owner home from 1976, the property requires substantial restoration and updates to realize its full potential, as indicated by the use of digitally altered marketing images.
A recent $149,000 price reduction after nearly a month on the market suggests that the initial valuation did not align with the investment required for necessary upgrades.
Inspired by Frank Lloyd Wright and classic mid-century design, this custom-built Castro Valley residence—offered by its original owner—is ideally located in the San Francisco Bay Area, approximately 30 miles east of San Francisco and about 35 miles from Silicon Valley. Set within the sought-after Proctor School District and bordering EBMUD Watershed land within the East Bay Regional Park network, the property offers great privacy, natural beauty, and abundant wildlife. Architectural highlights include vaulted wood ceilings with exposed beams, rich parquet flooring, multiple stained glass windows, and a dramatic fireplace constructed from Northern California boulders. The home features 4 bedrooms, 2.5 bathrooms, a dedicated office, private sauna with shower, and generous storage throughout. Outdoor amenities include a large swimming pool, mature landscaping, hillside views, and a horse stable. New homeowner may apply for Redwood Rangers membership, providing access to adjacent 600-acre cooperative pasture, trail system, and seasonal riding facilities. A rare opportunity to restore and elevate a distinctive mid-century modern home of architectural significance into a remarkable mid-century modern estate of enduring value. Some images have been digitally altered to show the property potential.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 73% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 2,306 | 1,671.5 | 84% |
| Lot Size | 17,633 | 6,616.5 | 95% |
| Price | $1.40M | $1.10M | 77% |
| Price per sq ft | $607 | $702 | 29% |
| Built year | 1976 | 1954 | 87% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 101 | 7% |
May 31, 2026
$1,400,000
Initial Listing
May 5, 2026
$1,549,000
Initial Listing