7081 Elverton Dr, Oakland, California 94611, Oakland, 94611 - 4 bed, 3 bath
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7081 Elverton Dr
Oakland, California 94611
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,981Sq Ft
13,779Lot Size
Property Price
LIST PRICE$1,390,000
EST. MARKET VALUE
$1,595,000
12% BelowMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home is a High-Potential Investment Opportunity, listed at $1,595,000—positioned well below the $2,068,925 Fair Market Value by 22%. This valuation gap offers $473,925 in Instant Equity. Featuring an Excellent Condition Rating, the home boasts breathtaking panoramic Bay views, a solar energy system, and a modern chef's kitchen. Located near top-rated elementary schools like Thornhill and Montclair, this property is an ideal acquisition for discerning homeowners or long-term investors seeking a turnkey luxury asset.
Estimated Market Value
$1,595,000+$205,000 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 |
|---|---|---|---|---|---|---|
★ 7081 Elverton Dr Subject | $1,390,000* List Price | 4 | 3 | 2,981 | $535 | - |
A 7075 7075 Elverton Dr Sold | $1,700,000 | 4 | 3 | 3,016 | $564 | 0.0 mi |
B 7015 Elverton Dr Sold | $1,700,000 | 4 | 3 | 3,083 | $551 | 0.1 mi |
C 6281 Aspinwall Rd Sold | $1,750,000 | 4 | 5 | 2,959 | $591 | 0.7 mi |
D 58 Villanova Dr Sold | $1,515,000 | 4 | 4 | 3,313 | $457 | 0.2 mi |
E 2220 Arrowhead Drive Sold | $1,520,000 | 4 | 5 | 3,019 | $503 | 0.7 mi |
F 6785 Aitken Dr Sold | $1,150,000 | 4 | 3 | 2,640 | $436 | 0.9 mi |
G 6165 6165 Doncaster Pl Sold | $1,700,000 | 4 | 4 | 2,809 | $605 | 0.8 mi |
H 6203 Westwood Way Active | $1,690,000 List Price | 5 | 4 | 3,459 | $489 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1992, the property has undergone a high-end renovation within the last 5 years, placing it in the excellent category. The kitchen features modern shaker cabinetry and premium Bosch stainless steel appliances, bathrooms have been fully updated with contemporary tile and fixtures, and the home includes a solar system. The interior shows mint condition with hardwood floors and turnkey finishes throughout.
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 = 13779, living area = 2981.
- Great Schools
Elementary School: Wagner Ranch Elementary School (9/10). Middle School: Orinda Intermediate School (9/10). High School: Miramonte High School (10/10).
- Breathtaking Panoramic Views
The property features expansive wraparound decks and private balconies that offer stunning views of the San Francisco Bay, city lights, and surrounding canyons, significantly enhancing its luxury appeal.
CONSRISKS & DEFICIENCIES
- Underperforming High School Options
While elementary options are strong, the local high schools like Fremont High (2/10) and Skyline High (4/10) have significantly lower ratings, which may deter families prioritizing long-term public education quality.
- Hillside Accessibility
Located in the Montclair Hills, the property's steep topography and winding road access can present challenges for guest parking and may result in higher insurance premiums or maintenance costs for the hillside lot.
About 7081 Elverton Dr
Nestled in the prestigious Montclair Hills, this stunning 4-bedroom, 3 full bath home offers 2,981 sq ft of turnkey living with breathtaking Bay views. From the entry landing, take in the dramatic open space and soaring, nearly two-story ceiling. The endless views and the fresh air of the hills invite you to slow down, take a deep breath, and enjoy the sense of peace that surrounds you. Beautiful views are enjoyed from multiple rooms and the balconies, while expansive decks provide the perfect setting for relaxing and entertaining. Enjoy spectacular sunsets from the wraparound main-level deck or retreat to the private deck off the primary suite. The inviting kitchen is designed for gathering and creating memories, with a generous sized walk-in pantry that houses a second refrigerator. Multiple flexible spaces offer excellent options for a home office. The finished garage features a finished floor and walls, and solar system equipment. Conveniently located just minutes from Montclair Village with easy access to major commuter routes.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1992
- Lot Size
- 13,779 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Thornhill Elementary School
Grades K-5 • 1.0 mi
8/10
Montclair Elementary School
Grades K-5 • 1.3 mi
8/10
Joaquin Miller Elementary School
Grades K-5 • 1.8 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,981 | 1,630.086 |
| Lot Size | 13,779 | 5,044.686 |
| Price | $1.39M | $1.05M |
| Price per sq ft | $466 | $618 |
| Built year | 1992 | 1927 |
| HOA | $0 | $265 |
| Days on market | 28 | 37 |
Pricing History
Listed for Sale
Aug 26, 2026
$1,390,000
$1,595,000
-13% Price Drop
Initial Listing
Price Change
Aug 12, 2026
$1,595,000
Initial Listing
Sold
Feb 21, 2019
$1,133,500
Public Record
Sold
Feb 21, 2019
$1,159,000
Public Record
Sold
Sep 16, 2015
$1,175,000
Public Record
Sold
Jul 19, 2013
$849,000
Public Record
Sold
Sep 25, 1997
$500,000
Public Record