559 Cherry Way, Hayward, California 94541, Hayward, 94541 - 5 bed, 5 bath
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Hayward, California 94541
Analysis of 559 Cherry Way, Hayward, California 94541 is currently available with a list price of $1,499,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Hayward Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1960 and on the market for the first time in decades, the property is well-maintained but shows significant signs of age. While the main living areas are staged to appear move-in ready, the unstaged images reveal heavily worn and stained carpeting that requires immediate replacement. The bathrooms and fixtures are functional but outdated, and the 'nostalgic' features mentioned in the description suggest the kitchen and bar areas need modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18760, living area = 3733.
The property features two separate, separately metered homes on a single lot, providing an exceptional opportunity for significant rental income or flexible multi-generational living arrangements.
Situated on a rare 18,760 sqft lot, the grounds include a mature fruit orchard and a barn, offering a unique ranch-style lifestyle and room for expansion within city limits.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 6.
The assigned elementary and middle schools carry lower performance ratings, which may be a significant consideration for families prioritizing public education quality.
As the property is on the market for the first time in nearly 70 years, the 1960s-built interiors and nostalgic features may require capital investment to meet contemporary aesthetic standards.
First time on the market in nearly 70 years! Rare opportunity to own two homes on one expansive lot in Cherryland—where city living meets country charm. Located on a generously sized 18,760 sqft lot in an unincorporated area with room to expand, this versatile property offers ample space for multi-generational living, rental income, outdoor enjoyment, or future possibilities. The main home features approx. 2,800 sqft, 4 beds and 4 baths, including two primary suites. A grand staircase anchors the home, with a formal living room and an expansive family room off the kitchen showcasing a vaulted beam ceiling. A nostalgic full bar makes entertaining easy, while custom shutters plus heat and A/C add comfort throughout. The second home features approximately 900 sqft with 1 bedroom and 1 bathroom, ideal as an in-law unit or income-producing rental. Both homes are separately metered with PG&E. Enjoy ranch-style living within city limits with a barn/outbuilding and a mature orchard featuring avocado, citrus, apple, fig, and apricot trees. Unique properties like this—with space, flexibility, and income potential—don’t come around often. Don’t miss it!
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-5 • 0.7 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 94% |
| Baths | 5.0 | 2.0 | 99% |
| Square foot | 3,733 | 1,451 | 99% |
| Lot Size | 18,760 | 5,800 | 98% |
| Price | $1.50M | $850.0K | 98% |
| Price per sq ft | $402 | $596 | 5% |
| Built year | 1960 | 1951 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 174 | 1% |
Apr 11, 2026
$1,499,000
Initial Listing