5891 Oleander Dr, Newark, California 94560, Newark, 94560 - 3 bed, 2 bath
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5891 Oleander Dr
Newark, California 94560
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,656Sq Ft
7,700Lot Size
Property Price
LIST PRICE$1,398,500
EST. MARKET VALUE
$1,397,324
SUMMARY
This Single Family Residence is a Strong Value Opportunity, listed at $1,398,500—positioned well below the $1,397,325 Fair Market Value by a negligible margin, reflecting a stable, market-accurate price. Featuring a Condition Rating of 3, the home offers a refreshed interior with new paint and windows, while the 7,700 sq. ft. corner lot provides significant outdoor utility. With its functional ranch-style layout and proximity to local schools, this property balances immediate move-in readiness with long-term potential. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a stable, well-maintained home.
Estimated Market Value
$1,397,324
Based on Realkey algorithm analyzing recent comparable sales in Newark.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5891 Oleander Dr Subject 3 bd · 2 ba · 1,656 sqft · $844 | $1,398,500* List Price | 3 | 2 | 1,656 | $844 | - |
A 5827 Bellflower Drive Sold 3 bd · 2 ba · 1,414 sqft · $1,040 · 0.1 mi | $1,470,000 | 3 | 2 | 1,414 | $1,040 | 0.1 mi |
B 6387 Narcissus Ave Sold 3 bd · 2 ba · 1,769 sqft · $825 · 0.6 mi | $1,460,000 | 3 | 2 | 1,769 | $825 | 0.6 mi |
C 38399 Birch Street Sold 4 bd · 2 ba · 2,001 sqft · $750 · 0.2 mi | $1,500,000 | 4 | 2 | 2,001 | $750 | 0.2 mi |
D 37896 Manzanita St Sold 4 bd · 3 ba · 1,887 sqft · $694 · 0.7 mi | $1,310,000 | 4 | 3 | 1,887 | $694 | 0.7 mi |
E 6161 Broadway Ave Sold 4 bd · 2 ba · 1,582 sqft · $872 · 0.9 mi | $1,380,000 | 4 | 2 | 1,582 | $872 | 0.9 mi |
F 5823 Sunrose Avenue Sold 4 bd · 2 ba · 1,512 sqft · $992 · 0.7 mi | $1,500,000 | 4 | 2 | 1,512 | $992 | 0.7 mi |
G 39052 Levi St Sold 3 bd · 2 ba · 1,372 sqft · $855 · 0.5 mi | $1,173,000 | 3 | 2 | 1,372 | $855 | 0.5 mi |
H 38475 Jacaranda Dr Active 4 bd · 3 ba · 1,678 sqft · $893 · 0.2 mi | $1,498,000 List Price | 4 | 3 | 1,678 | $893 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1967 but recently refreshed with new paint, carpeting, and newer windows. While the kitchen retains dated tile countertops and older cabinetry styles, the home is well-maintained, functional, and move-in ready.
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 = 7700, living area = 1656.
- Expansive Corner Lot
The property sits on a generous 7,700 sq. ft. corner parcel, providing significant outdoor space for entertaining, gardening, and rare privacy for a suburban setting.
- Move-In Ready Condition
With new paint, new carpeting, and newer windows, the home offers a refreshed interior that allows buyers to move in immediately without the need for initial renovation costs.
CONSRISKS & DEFICIENCIES
- Moderate School Ratings
The assigned middle and high schools have average ratings (4/10 and 5/10), which may be a drawback for families prioritizing top-tier educational performance.
- Aging Core Systems
Despite cosmetic updates, the 1967 construction suggests that major underlying systems like plumbing or electrical may eventually require modernization to meet current efficiency standards.
About 5891 Oleander Dr
**The Jewel of the Neighborhood!** Welcome to 5891 Oleander Drive, a beautifully refreshed single-story ranch-style home situated on an expansive 7,700 sq. ft. corner lot in Newark! With 3 bedrooms, 2 bathrooms, and about 1,656 sq. ft. of comfortable living space, this charming residence blends classic California ranch appeal with thoughtful updates and exceptional outdoor living. From the moment you arrive, the home's prominent corner location, inviting curb appeal, and generous lot make a lasting impression. Step inside to discover a freshly updated interior featuring new paint, new carpeting, newer lighting, and newer windows, creating a bright, welcoming atmosphere throughout. The convenient single-story floor plan offers comfortable living spaces, flexible bedrooms, and an inviting setting for everyday living and entertaining. **The true highlight is the incredible front and backyard!** Situated on an oversized corner parcel, the property features an expansive patio perfect for outdoor dining, weekend barbecues, entertaining guests, or simply relaxing beneath the California sunshine. Beautiful lemon trees throughout the property add natural charm and the pleasure of homegrown citrus. With ample outdoor space for gardening, recreation, and creating your own backyard retreat, the possibilities are plentiful. Conveniently located in Newark with access to shopping, dining, parks, and major Bay Area commuter routes, this home offers a wonderful balance of neighborhood charm and everyday convenience. With its refreshed interior, spacious corner lot, generous outdoor entertaining areas, and timeless ranch-style appeal, 5891 Oleander Drive is a special opportunity to enjoy the best of California living. **Come discover why this beautiful home is truly the jewel of the neighborhood!**
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1967
- Lot Size
- 7,700 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Newark Unified Schools
Birch Grove Primary
Grades K-6 • 0.3 mi
0/10
Birch Grove Intermediate
Grades 3-6 • 0.8 mi
6/10
Newark Junior High School
Grades 7-8 • 1.8 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,656 | 1,640.89 |
| Lot Size | 7,700 | 6,009.146 |
| Price | $1.40M | $1.36M |
| Price per sq ft | $845 | $828 |
| Built year | 1967 | 1981 |
| HOA | $0 | $223 |
| Days on market | 3 | 47 |
Pricing History
Listed for Sale
Oct 21, 2026
$1,398,500
Initial Listing