5827 5827 Cold Water Drive, Castro Valley, California 94552, Castro Valley, 94552 - 5 bed, 2 bath
5827 5827 Cold Water Drive
Castro Valley, California 94552
Property Price
SUMMARY
Analysis of 5827 5827 Cold Water Drive, Castro Valley, California 94552 reveals a Prime Investment Opportunity with a current list price of $1,424,800—significantly undercutting the $1,505,987 Fair Market Value by 5%. This valuation gap indicates a +$81,187 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Castro Valley 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5827 5827 Cold Water Drive Subject | $1,424,800* List Price | 5 | 2 | 2,226 | $677 | - |
A 18033 18033 Columbia Dr Sold | $1,500,000 | 4 | 3 | 2,216 | $677 | 0.8 mi |
B 5821 Cold Water Dr Sold | $1,460,000 | 4 | 3 | 2,182 | $669 | 0.0 mi |
C 5513 Rothman Ct Sold | $1,400,000 | 4 | 2 | 1,908 | $734 | 0.3 mi |
D 5529 Feather Court Sold | $1,460,000 | 4 | 3 | 2,538 | $575 | 0.6 mi |
E 5846 Cold Water Dr Sold | $1,300,000 | 3 | 2 | 1,723 | $754 | 0.1 mi |
F 18575 Mesa Verde Way Sold | $1,455,000 | 4 | 3 | 2,231 | $652 | 0.1 mi |
G 5474 5474 Troost Ct Pending | $1,575,000 List Price | 4 | 3 | 2,471 | $637 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and demonstrates strong pride of ownership. While originally built in 1972, it features a modernized kitchen with recessed lighting and Corian countertops, along with a recently remodeled primary bathroom. The interior is well-maintained with functional systems and clean finishes, though some elements like the frosted oak cabinetry and white appliances reflect a slightly older renovation style (approx. 10-15 years ago) rather than a brand-new build.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15770, living area = 2226.
- Expansive Outdoor Living
The property features a rare 15,770 square foot lot with a park-like rear yard, native plants, and a gas fire pit, providing an exceptional space for outdoor entertaining.
- Modernized Interior Upgrades
The home boasts a beautifully upgraded kitchen with frosted oak cabinets and recessed lighting, along with a recently remodeled primary suite bathroom.
CONSRISKS & DEFICIENCIES
- 1970s Era Construction
Built in 1972, the property may have aging infrastructure or original systems that require maintenance or further modernization beyond the updated kitchen and bath.
- Aggressive Market Positioning
Priced 'assertively' at over $1.4M, the valuation may be at the upper limit for the neighborhood, potentially narrowing the pool of competitive buyers.
About 5827 5827 Cold Water Drive
New to Market! Beautiful House Peaceful Location! Pride of Ownership-Rare, 5 bedroom 2.5 house on large lot, 15,770 square feet .36 acres +/- approximately 2,226 square feet of living area. Property has park-like rear yard, two patio areas and fire pit. Perfect to entertain family and friends. Many Native Plants. There is a beautiful modern upgraded kitchen. Frosted Oak Cabinets, Recessed lighting, Corian counter tops, breakfast nook looks out to a nature setting in rear yard. There is a formal dining room, family room, living room with fireplace. Spacious Primary Suite newer remodeled Primary Bath. Bonus 5th Bedroom or office downstairs entry level. Near Award Winning Public Schools, Public Park & All Bay Area Job Centers. Priced Assertively. Your Dream house is here! Act Today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 15,770 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Castro Valley Unified Schools
Independent Elementary School
Grades K-5 • 1.2 mi
Canyon Middle School
Grades 6-8 • 0.9 mi
Creekside Middle School
Grades 6-8 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 81% |
| Baths | 2.0 | 3.0 | 44% |
| Square foot | 2,226 | 2,231 | 48% |
| Lot Size | 15,770 | 16,646 | 48% |
| Price | $1.42M | $1.47M | 33% |
| Price per sq ft | $640 | $652 | 44% |
| Built year | 1972 | 1978 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 178 | 4% |
Pricing History
Listed for Sale
Mar 2, 2026
$1,424,800
Initial Listing
Sold
Oct 11, 1994
$293,000
Public Record
Sold
Oct 29, 1993
$299,000
Public Record