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5505 Old School Rd, Pleasanton, California 94588, Pleasanton, 94588 - 4 bed, 3 bath

5505 Old School Rd, Pleasanton, California 94588 home-pic-0
ACTIVE$2,700,000
5505 Old School Rd, Pleasanton, California 94588
4Beds
3Baths
3,300Sqft
94,090Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Panoramic Hill Views: The property boasts stunning panoramic hill views, enhancing its appeal and providing a serene, private retreat atmosphere.
Top Cons:
Age of Original Construction: While updated, the home was built in 1979, which may lead to concerns about the age of underlying systems or potential deferred maintenance not covered by the recent renovations.

Compared to the nearby listings

Price:$2.70M vs avg $1.52M (+$1,178,750)91%
Size:3,300 sqft vs avg 1,852 sqft93%
Price/sqft:$818 vs avg $82246%

More Insights

Built in 1979 (46 years old).
Condition: Despite being built in 1979, this property has undergone a comprehensive and high-quality renovation, bringing it to a virtually new condition. The 'chef’s kitchen' features dual islands, waterfall quartz countertops, built-in stainless steel appliances, and modern lighting, all indicative of a recent, high-end update. The primary bathroom is spa-like with a freestanding soaking tub, glass-enclosed shower, and modern vanity, while the laundry room and ADU also showcase contemporary finishes and excellent condition. Hardwood/laminate flooring, recessed lighting, and modern fixtures are consistent throughout, demonstrating minimal physical depreciation and meeting current quality standards.
Year Built
1979
Close
-
List price
$2.7M
Original List price
$2.95M
Price/Sqft
$818
HOA
-
Days on market
-
Sold On
-
MLS number
41107563
Home ConditionExcellent
Features
Excellent View: Hills
Deck
Spa
ViewHills

About this home

Discover your own private retreat in this stunning updated hilltop rancher on 2.16 acres with panoramic hill views, elegant hardwood floors, and a chef’s kitchen designed for entertaining. This home offers open, airy living at its finest an open-concept layout, and high-end finishes. The chef’s kitchen boasts dual islands, waterfall quartz countertops, built-in appliances, coffee and wine bars, and opens to a spacious family room with electric fireplace all with views and sliding glass door to deck. The luxurious primary suite offers a walk-in closet, fireplace, private deck, and a separate spa-like bath with soaking tub and glass-enclosed shower and another private deck - take a cold plug in privacy! Outdoor living includes multiple decks, flat usable areas for a pool or arena, and a large shed. Bonus: ADU- 3 bed/1 bath. Private gated entry, new fencing, riding area, Mt Diablo access — just 10 minutes to shopping! Country living at its finest! Video link: https://youtu.be/EH4-gGo_aRU

Condition Rating
Excellent
Despite being built in 1979, this property has undergone a comprehensive and high-quality renovation, bringing it to a virtually new condition. The 'chef’s kitchen' features dual islands, waterfall quartz countertops, built-in stainless steel appliances, and modern lighting, all indicative of a recent, high-end update. The primary bathroom is spa-like with a freestanding soaking tub, glass-enclosed shower, and modern vanity, while the laundry room and ADU also showcase contemporary finishes and excellent condition. Hardwood/laminate flooring, recessed lighting, and modern fixtures are consistent throughout, demonstrating minimal physical depreciation and meeting current quality standards.
Pros & Cons

Pros

Panoramic Hill Views: The property boasts stunning panoramic hill views, enhancing its appeal and providing a serene, private retreat atmosphere.
Expansive & Usable Acreage: Situated on 2.16 acres with flat usable areas, the property offers significant potential for a pool, arena, or other outdoor amenities, including a riding area and Mt Diablo access.
High-End Chef's Kitchen: The updated chef’s kitchen features dual islands, waterfall quartz countertops, built-in appliances, and dedicated coffee and wine bars, ideal for entertaining.
Dedicated ADU (3 Bed/1 Bath): A significant bonus is the separate 3-bedroom, 1-bath Accessory Dwelling Unit (ADU), offering potential for rental income, multi-generational living, or guest accommodation.
Luxurious Primary Suite: The primary suite provides a spa-like experience with a walk-in closet, fireplace, private deck, soaking tub, glass-enclosed shower, and a unique private cold plunge.

Cons

Age of Original Construction: While updated, the home was built in 1979, which may lead to concerns about the age of underlying systems or potential deferred maintenance not covered by the recent renovations.
Extensive Lot Maintenance: The 2.16-acre lot, with its various outdoor features like riding areas and new fencing, will require substantial ongoing maintenance, time, and financial investment.
Recent Price Reduction: The property's list price was recently reduced from $2.95M to $2.7M, which could suggest an initial overestimation of market value or a need to attract more buyer interest.

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