
Oakland, California 94611
This property presents a High-Potential Investment Opportunity with a List Price of $799,000—positioned well below the $982,790 Fair Market Value by 18%. This valuation gap offers $183,790 in Instant Equity for buyers willing to execute a renovation. With a Condition Rating of 5, the home requires a full rehab, yet features a 10,250 sq ft lot and a separate studio entrance. Located near Top-Rated Schools like Thornhill Elementary, this is an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6501 Oakwood Dr Subject 4 bd · 3 ba · 2,062 sqft · $477 | $799,000* List Price | 4 | 3 | 2,062 | $477 | - |
A 7279 Snake Rd Sold 3 bd · 2 ba · 1,585 sqft · $473 · 0.1 mi | $750,000 | 3 | 2 | 1,585 | $473 | 0.1 mi |
B 6334 Doran Dr Sold 3 bd · 3 ba · 1,532 sqft · $408 · 0.8 mi | $625,000 | 3 | 3 | 1,532 | $408 | 0.8 mi |
C 7099 Pinehaven Road Active 5 bd · 3 ba · 2,492 sqft · $361 · 0.7 mi | $899,000 List Price | 5 | 3 | 2,492 | $361 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1963 and explicitly marketed as a 'true fixer' and 'renovation opportunity,' this property is over 60 years old without significant modern updates. The kitchen and bathrooms are dated with older cabinetry and finishes, and the listing confirms the need for a 'modern re-imagining' and full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10250, living area = 2062.
Elementary School: Wagner Ranch Elementary School (9/10). Middle School: Orinda Intermediate School (9/10). High School: Miramonte High School (10/10).
The 1963 mid-century architecture provides a strong foundation for a modern redesign, offering significant equity growth potential for investors or homeowners looking to create a custom retreat.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
Marketed as a 'true fixer,' the property requires a comprehensive renovation, which will necessitate a significant additional capital investment and time commitment.
The multi-level layout and hillside setting may present accessibility challenges and higher costs for terracing or maintaining the large outdoor lot.
Set in the Montclair hills on an oversized 10,250+ sq ft lot, this 1963 mid-century home offers the kind of cool mid-century bones that make for an exceptional renovation opportunity. Featuring a separate entrance leads to a full one-bedroom studio with a kitchenette and bathroom—ideal for guests, extended family, a home office, gym, or additional living space. home is ready for a modern re-imagining. The large lot provides room for expanded outdoor living with possible terraced gardens, or future improvements (buyer to verify). This is a true fixer with great potential. The multi-level layout creates natural separation between public and private spaces. Don't miss the attic space.... Perhaps another great room? The setting offers privacy, nature, and the elevated feel Montclair buyers love. Tucked into a quiet hillside setting yet minutes from Montclair Village, parks, and schools, this is a rare chance to create a custom retreat in one of Oakland’s most desirable neighborhoods. Whether you’re an investor, builder, or homeowner with vision, this Oakwood Estate offers the location, layout, and potential to become something truly special. Thornhill Elementary School...Top rated in the area!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,062 | 1,591.405 |
| Lot Size | 10,250 | 5,033.821 |
| Price | $799.0K | $1.04M |
| Price per sq ft | $387 | $611 |
| Built year | 1963 | 1927 |
| HOA | $0 | $227 |
| Days on market | 18 | 36 |
Oct 6, 2026
$799,000
Initial Listing