6480 Ascot Dr, Oakland, California 94611, Oakland, 94611 - 3 bed, 3 bath
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Oakland, California 94611
This High-Potential Investment Opportunity is listed at $995,000—positioned well below the $1,206,897 Fair Market Value by 17%. This valuation gap offers $211,897 in Instant Equity. With a Condition Rating of 4, the property requires modernization, yet its flexible two-level floor plan and large rear deck provide significant value-add potential, including a possible ADU conversion. Located in the prestigious Piedmont Pines, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build wealth through strategic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6480 Ascot Dr Subject | $995,000* List Price | 3 | 3 | 1,924 | $627 | - |
A 6440 Longcroft Dr Sold | $1,200,000 | 4 | 3 | 2,496 | $481 | 0.1 mi |
B 33 Eastwood Ct Sold | $770,000 | 3 | 2 | 1,547 | $498 | 0.9 mi |
C 2863 Burton Dr Sold | $950,000 | 2 | 2 | 1,568 | $606 | 0.3 mi |
D 6785 Aitken Dr Sold | $1,150,000 | 4 | 3 | 2,640 | $436 | 0.7 mi |
E 6725 Moore Dr Sold | $775,000 | 2 | 1 | 1,172 | $661 | 0.7 mi |
F 6643 Aitken Dr Active | $888,000 List Price | 4 | 3 | 2,180 | $407 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, the property is well-maintained but significantly dated. The kitchen and bathrooms feature tile countertops, gold-framed shower enclosures, and stone veneer accents consistent with a 25-30 year old renovation. While functional and featuring dual-pane windows, the interior finishes and systems are past their prime and require modernization.
High School: Miramonte High School (10/10).
The home features a versatile two-level floor plan with a lower-level private suite, offering an ideal setup for guests, a home office, or a potential ADU conversion.
Situated in a prestigious Montclair hillside community, the property offers a serene, tree-lined setting with immediate access to hiking trails, regional parks, and Montclair Village.
While the elementary school is well-rated, the assigned middle and high schools have lower ratings, which may impact the property's appeal to some families.
Built in 1955, the property likely requires cosmetic updates and contemporary upgrades to fully realize its value and meet modern luxury standards.
Nestled in the desirable Piedmont Pines neighborhood of Oakland's prestigious Montclair District, this spacious residence offers more than 2,000 square feet of versatile living space thoughtfully designed across two levels. The main level features two generously sized bedrooms and two full bathrooms, anchored by an expansive sun-filled living room wrapped in large picture windows that invite an abundance of natural light. Beautiful plank hardwood flooring enhances the warmth and character of the living space, while the oversized kitchen flows seamlessly into a spacious den/family room, creating multiple gathering areas ideal for everyday living, entertaining, or hosting extended family and guests. The family room opens directly to a generous rear deck overlooking the expansive backyard, providing an effortless indoor-outdoor lifestyle. The backyard can also be accessed from the lower level, offering exceptional flexibility for recreation, gardening, or future enhancements. The lower level lives much like a private one-bedroom suite, complete with a spacious bedroom, full bathroom, an additional living or sitting area, and a workshop/laundry room. Its thoughtful layout presents exciting possibilities for multigenerational living, guest accommodations, a home office, or potential ADU conversion (buyer to verify with the City of Oakland). All three bedrooms are exceptionally spacious, highlighted by the oversized primary suite on the main level, creating a true private retreat. Additional features include dual-pane windows, a large attached two-car garage, abundant storage, and a solid floor plan that offers numerous lifestyle options. Located in the heart of Piedmont Pines, 6480 Ascot Drive enjoys the charm of one of Oakland's most sought-after hillside communities, known for its tree-lined streets, natural beauty, and close proximity to Montclair Village's shops, restaurants, parks, hiking trails, and commuter access. This is an exceptional opportunity for buyers seeking generous living space, a flexible floor plan, and the chance to personalize a home in an outstanding neighborhood.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.4 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,924 | 1,587.5 |
| Lot Size | 6,760 | 5,000 |
| Price | $995.0K | $1.06M |
| Price per sq ft | $517 | $623 |
| Built year | 1955 | 1928 |
| HOA | $0 | $338 |
| Days on market | 5 | 35 |
Jul 17, 2026
$995,000
Initial Listing
Apr 29, 2005
$850,000
Public Record