8553 Schooner Way, Newark, California 94560, Newark, 94560 - 4 bed, 3 bath
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8553 Schooner Way
Newark, California 94560
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,041Sq Ft
2,275Lot Size
Property Price
LIST PRICE$1,298,000
EST. MARKET VALUE
$1,335,043
SUMMARY
This Modern Move-In Ready Home represents a Strong Value Opportunity, listed at $1,298,000—positioned well below the $1,346,164 Fair Market Value by 3%. This valuation gap offers $48,164 in Instant Equity for the buyer. Featuring a 2017 construction with a gourmet quartz kitchen, EV-ready garage, and a private balcony, the property maintains an Excellent Condition Rating. Located near major tech hubs and the Bayshores community, this home is an ideal acquisition for Silicon Valley professionals or Owner-Occupants seeking a turnkey, energy-efficient lifestyle.
Estimated Market Value
$1,335,043
Based on Realkey algorithm analyzing recent comparable sales in Newark.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8553 Schooner Way Subject | $1,298,000* List Price | 4 | 3 | 2,041 | $654 | - |
A 37515 Sea Bank Street Sold | $1,660,000 | 4 | 3 | 2,475 | $671 | 0.2 mi |
B 37645 Bay Crest Rd Sold | $1,488,000 | 4 | 4 | 2,412 | $617 | 0.2 mi |
C 37764 Hickory St Sold | $1,578,888 | 4 | 3 | 2,192 | $720 | 0.1 mi |
D 9137 Seawind Way Sold | $1,298,000 | 3 | 4 | 1,984 | $654 | 0.2 mi |
E 37183 Sand Bar Pl Sold | $1,450,000 | 3 | 4 | 2,201 | $659 | 0.5 mi |
F 37721 Bay Crest Rd Sold | $1,488,000 | 4 | 4 | 2,410 | $617 | 0.2 mi |
G 37541 37541 Bay Crest Rd Sold | $1,570,000 | 4 | 4 | 2,412 | $651 | 0.2 mi |
H 9415 Hidden Harbor Way Sold | $1,450,000 | 4 | 4 | 2,354 | $616 | 0.6 mi |
I 37517 Bay Crest Road Active | $1,399,000 List Price | 4 | 4 | 2,364 | $592 | 0.3 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.
Built in 2017, this property is less than 10 years old and remains in mint condition. The home features a modern gourmet kitchen with quartz countertops and stainless steel appliances, contemporary bathrooms, and updated energy-efficient systems including an EV-ready garage, meeting all criteria for a move-in ready, maintenance-free rating.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction & Tech Features
Built in 2017, this move-in ready home features energy-efficient design, an EV-ready 3-car garage, and high-speed fiber internet included in a low $135/mo HOA fee.
- Prime Commuter Location
Strategically located near major tech giants like Meta and Tesla with rapid access to the Dumbarton Bridge and I-880, making it ideal for Silicon Valley professionals.
- Versatile Living Spaces
The 2,041 sq ft layout boasts high ceilings, a gourmet quartz kitchen, and a unique top-level loft with a private balcony, providing excellent space for both work and entertainment.
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 lot size of 2,275 sq ft is relatively small for a detached single-family home, offering minimal private yard space for gardening or outdoor play.
- Average School Ratings
The assigned public schools carry ratings of 4 and 5, which may be a consideration for families prioritizing top-tier academic performance metrics.
About 8553 Schooner Way
Open House: Sept 5 (sat:2-4pm) Exceptional Value! Welcome to this modern & move-in ready spacious single family home built in 2017. This beautifully designed 2,041 sq ft home offers the perfect blend of modern style, comfort, and convenience in the sought-after Bayshores community. This single family home has 4 bedrooms w/ desired floor plan featuring a good-sized 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 feel. All 4 spacious bedrooms are thoughtfully located on the 2nd level. Home boasts of an Expansive Top-level loft w/ a private balcony, 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 High-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
4/10
Newark Junior High School
Grades 7-8 • 1.9 mi
4/10
Newark Memorial High School
Grades 9-12 • 2.6 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 3.0 | 2.3 |
| Square foot | 2,041 | 1,683.381 |
| Lot Size | 2,275 | 5,993.81 |
| Price | $1.30M | $1.43M |
| Price per sq ft | $636 | $826 |
| Built year | 2017 | 1982 |
| HOA | $135.0 | $224 |
| Days on market | 44 | 47 |
Pricing History
Listed for Sale
Jul 27, 2026
$1,298,000
Initial Listing