6040 Chelton Dr, Oakland, California 94611, Oakland, 94611 - 4 bed, 4 bath
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6040 Chelton Dr
Oakland, California 94611
ACTIVE
CONDITION: GOOD
4Beds
4Baths
3,544Sq Ft
10,764Lot Size
Property Price
LIST PRICE$1,295,000
EST. MARKET VALUE
$1,621,481
20% BelowMARKET VALUE
SUMMARY
This Mid-Century Modern Architectural Home represents a High-Potential Investment Opportunity, listed at $1,295,000—positioned well below the $1,621,481 Fair Market Value by 20%. This valuation gap offers $326,481 in Instant Equity. Featuring a Condition Rating of 3, the home includes central air conditioning, expansive decks, and a flexible lower-level suite. With proximity to top-rated schools like Miramonte High, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a unique, nature-integrated lifestyle.
Estimated Market Value
$1,621,481+$326,481 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Oakland.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6040 Chelton Dr Subject | $1,295,000* List Price | 4 | 4 | 3,544 | $458 | - |
A 6785 Aitken Dr Sold | $1,150,000 | 4 | 3 | 2,640 | $436 | 0.7 mi |
B 6685 Shepherd Canyon Rd Sold | $1,498,000 | 4 | 4 | 3,475 | $431 | 0.7 mi |
C 6643 Aitken Dr Sold | $1,000,000 | 4 | 3 | 2,180 | $459 | 0.6 mi |
D 5649 Castle Dr. Pending | $1,395,000 List Price | 5 | 4 | 3,046 | $458 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1959, the property has been impeccably maintained and features significant modern updates. The bathrooms show contemporary tiling and fixtures, and the kitchen is explicitly noted as updated. With central air conditioning and high-quality finishes throughout, the home is move-in ready, though the style of some renovations suggests they fall within the 5-15 year range.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Miramonte High School (10/10).
- Mid-Century Modern Architecture
The home features iconic custom-built mid-century design with soaring vaulted beam ceilings and expansive windows that flood the 3,500 sq. ft. interior with natural light.
- Multi-Generational Living Potential
A flexible lower level with a separate kitchen, family room, and private entrance offers an ideal setup for an in-law suite, au pair quarters, or potential rental income.
CONSRISKS & DEFICIENCIES
- Variable School Ratings
While the elementary school is highly rated, the assigned secondary schools in the district have lower ratings, which may be a consideration for education-focused buyers.
- Hillside Property Considerations
Located in the Piedmont Pines area, the property's hillside setting and extensive decking may require ongoing maintenance and higher insurance premiums typical of the Oakland Hills.
About 6040 Chelton Dr
Exceptional custom-built mid-century modern architecture in Montclair’s coveted Piedmont Pines. Spanning 3,500 sq. ft. across just two levels, this impeccably maintained and lovingly cared for home features soaring vaulted beam ceilings, flooded with natural light. The main level hosts living and dining areas, an updated kitchen, a large family room with a fireplace, plus 3 bedrooms and 2.5 baths. Downstairs, a flexible lower level with a second family room, fireplace, separate kitchen area, 4th bedroom, and full bath offers ideal space for an in-law suite, au pair, or fun filled rumpus room. Expansive decks on both levels capture a serene "Tahoe-like" setting. Additional highlights include central air conditioning, a two-car garage with interior access, a dedicated laundry room, and a bonus workroom storage area. This exceptional architectural home offers the perfect blend of timeless mid-century design, modern updates, and an extraordinary connection to nature. Close to regional parks, schools, Montclair Village shops & restaurants & HYW 13/24.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 10,764 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Joaquin Miller Elementary School
Grades K-5 • 0.5 mi
7/10
Montclair Elementary School
Grades K-5 • 1.1 mi
8/10
Montera Middle School
Grades 6-8 • 0.5 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,544 | 1,630.086 |
| Lot Size | 10,764 | 5,044.686 |
| Price | $1.29M | $1.05M |
| Price per sq ft | $365 | $618 |
| Built year | 1959 | 1927 |
| HOA | $0 | $265 |
| Days on market | 12 | 37 |
Pricing History
Listed for Sale
Aug 28, 2026
$1,295,000
Initial Listing