8553 Schooner Way, Newark, California 94560, Newark, 94560 - 4 bed, 3 bath
8553 Schooner Way
Newark, California 94560
Property Price
SUMMARY
Analysis of 8553 Schooner Way, Newark, California 94560 reveals a Fairly Priced Property with a current list price of $1,398,000 aligned with the estimated $1,392,690 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Newark Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8553 Schooner Way Subject | $1,398,000* List Price | 4 | 3 | 2,041 | $682 | - |
A 37606 Sand Drift Rd Sold | $1,405,000 | 3 | 4 | 1,984 | $708 | 0.2 mi |
B 9065 Tallship Way Sold | $1,557,000 | 4 | 4 | 2,289 | $680 | 0.1 mi |
C 37898 Seafarer Road Sold | $1,575,000 | 5 | 5 | 2,573 | $612 | 0.1 mi |
D 8536 Jetty Way Sold | $1,230,000 | 3 | 4 | 1,634 | $753 | 0.1 mi |
E 9174 Enterprise Dr Sold | $1,430,000 | 3 | 4 | 2,152 | $664 | 0.4 mi |
F 37721 Bay Crest Rd Pending | $1,488,000 List Price | 4 | 4 | 2,410 | $617 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2017, this property falls within the 10-year window for excellent condition. It features a modern gourmet kitchen with quartz countertops and stainless steel appliances, high ceilings with recessed lighting, and contemporary flooring. The home includes energy-efficient designs and modern amenities like an EV-ready garage, showing no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Design & Efficiency
Built in 2017, this energy-efficient home features a contemporary open-concept layout, high ceilings, and a gourmet kitchen with quartz countertops and premium stainless steel appliances.
- Strategic Tech-Hub Location
The property offers exceptional proximity to major employers like Meta, Tesla, and Lucid, with rapid access to the Dumbarton Bridge and I-880 for efficient commuting.
- Versatile Living Spaces
Includes a unique top-level loft with a private balcony and a rare 3-car EV-ready garage, providing flexible options for entertainment, home office use, and ample storage.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2275, living area = 2041.
- Limited Outdoor Space
The 2,275 sqft lot size results in a very small, low-maintenance backyard, which may be a drawback for buyers seeking significant private green space or gardening opportunities.
- Moderate School Ratings
The assigned public schools carry average ratings (4 to 5 out of 10), which may be less competitive compared to neighboring high-performing school districts in the Silicon Valley area.
About 8553 Schooner Way
Open House:3/7(1-4) & 3/8(2-4:30pm) Built in 2017, this beautifully designed 4-bedroom home offers the perfect blend of modern style, comfort, and convenience in the sought-after Bayshores community. Its welcoming entry opens to a bright, open-concept floor plan featuring a spacious living room, modern gourmet kitchen w/ elegant cabinetry, abundant storage, a deep walk-in pantry, quartz-top center island & stainless steel appliances. High ceilings & plentiful recessed lighting create an airy, light-filled atmosphere. All 4 generously sized bedrooms are thoughtfully located on 2nd level. The top-level loft w/ a private balcony is perfect to relax, enjoy & entertain. Home is truly well-maintained & features an energy-efficient design (EV-ready garage w/c can accommodate 3-car spaces) w/ low HOA of 135/mo w/c includes Hi-Speed Internet Fiber. Beautiful home is located just steps away from resort-style amenities, including a private clubhouse, dog park, & playgrounds. Enjoy easy access to Don Edwards National Park, just minutes away! Great Location! Proximity to major HI-Tech giants (Meta, Tesla, Lucid, and Logitech) with quick access to Dumbarton Bridge and I-880 & nearby shopping, groceries and more!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2017
- Lot Size
- 2,275 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $135.0 / Month
Neighborhood Insights
Newark Unified Schools
August Schilling Elementary School
Grades K-6 • 0.8 mi
Newark Junior High School
Grades 7-8 • 1.9 mi
Newark Memorial High School
Grades 9-12 • 2.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 53% |
| Square foot | 2,041 | 1,829 | 63% |
| Lot Size | 2,275 | 6,000 | 14% |
| Price | $1.40M | $1.43M | 43% |
| Price per sq ft | $685 | $798 | 20% |
| Built year | 2017 | 1967 | 76% |
| HOA | $135.0 | $0 | 76% |
| Days on market | 38 | 173 | 2% |
Pricing History
Listed for Sale
Jan 28, 2026
$1,398,000
Initial Listing