
Alameda, California 94501
This Stunning Waterfront Residence is a Strong Value Opportunity, listed at $2,890,000—positioned well below the $3,153,929 Fair Market Value by 8%. This valuation gap offers $263,929 in Instant Equity. Featuring a Condition Rating of 2, the home offers a turnkey interior, a heated pool, and private dock access. Located in the Alameda City Unified district near top-rated schools like Donald D. Lum Elementary, this property is an ideal sanctuary for discerning homeowners or luxury lifestyle seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 612 Fortress Isle Subject | $2,890,000* List Price | 5 | 5 | 3,271 | $964 | - |
A 1003 Morton St Sold | $3,000,000 | 5 | 3 | 3,570 | $840 | 0.3 mi |
B 1122 Bay Street Sold | $3,025,000 | 4 | 3 | 3,140 | $963 | 0.3 mi |
C 1318 Clinton Ave Sold | $2,562,500 | 4 | 3 | 2,580 | $993 | 0.3 mi |
D 1111 Union St Sold | $2,270,000 | 5 | 3 | 3,008 | $755 | 0.3 mi |
E 2516 Calhoun St Sold | $2,530,000 | 4 | 5 | 2,975 | $850 | 1.0 mi |
F 1612 San Antonio Ave Pending | $3,295,000 List Price | 4 | 2 | 3,170 | $1,039 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1963, the property has undergone a comprehensive recent renovation within the last 5 years. It features a modern kitchen with new quartz countertops and stainless appliances, updated bathrooms with contemporary fixtures, a new roof, and mint-condition interior finishes throughout.
Elementary School: Donald D. Lum Elementary School (9/10). High School: Alameda High School (9/10).
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Rarely does a property offer such an extraordinary stretch of lagoon frontage. Perfectly positioned at the end of a quiet cul-de-sac, this exceptional waterfront residence offers an estimated 3,300 sq. ft. of living space, a private dock, heated pool, breathtaking water views, a new roof, and a modern interior. The backyard is nothing short of spectacular. An extraordinary expanse of usable lagoon frontage creates a resort-style outdoor setting with a heated pool, generous waterside entertaining spaces, and an oversized private dock. Equally suited for recreation and relaxation, this incredible backyard offers ample space for backyard games, poolside yoga, exercise, or exploring the lagoon by paddleboard or kayak directly from your private dock. The two-story floor plan offers 5 bedrooms, 3 full baths, and 2 half baths. A private first-floor bedroom with pool views and an adjoining full bathroom provides an ideal retreat for guests or multigenerational living. The formal living room features a fireplace and expansive windows that fill the space with natural light. The refreshed eat-in kitchen with new quartz countertops, stainless steel appliances, and a breakfast bar overlooks the water and opens to the adjoining family room. A conveniently located powder room serves the main living areas, while the formal dining room captures beautiful lagoon views. The spacious primary suite features its own fireplace and a beautifully appointed ensuite with dual vanity areas, dual closets, and a gorgeous new shower. Two additional lagoon-facing bedrooms are connected by a stylish Jack-and-Jill bathroom featuring a view shower. Spanning the width of the home, this extraordinary bedroom showcases soaring vaulted ceilings, panoramic lagoon views, a view balcony, a wet bar, and a half bath with the potential to convert to a full bath. Its exceptional size and versatility make it equally suited as a media room, game room, executive home office, guest suite, or apartment-style retreat. Located just moments from highly regarded schools, Alameda Beach, parks, scenic shoreline trails,Oakland International Airport, and convenient commuter access to San Francisco, this exceptional residence offers the best of island living. Beyond your doorstep awaits Alameda's exceptional island lifestyle, where the vibrant shopping and dining of Park Street and Webster Street, waterfront recreation, open spaces, Spirit Alley wineries and breweries,Alameda Point,and convenient ferry service
No exterior & parking available.
Grades 4-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.4 |
| Baths | 5.0 | 2.0 |
| Square foot | 3,271 | 1,802.602 |
| Lot Size | 6,930 | 4,310.843 |
| Price | $2.89M | $1.43M |
| Price per sq ft | $884 | $823 |
| Built year | 1963 | 1928 |
| HOA | $900.0 | $273 |
| Days on market | 48 | 37 |
Jul 23, 2026
$2,890,000
Initial Listing
Nov 10, 2005
$1,300,000
Public Record