1247 Sherman Street, Alameda, California 94501, Alameda, - bed, bath

home-pic
ACTIVE$2,325,000
1247 Sherman Street, Alameda, California 94501
6Beds
4Baths
3,886Sqft
8,250Lot
Year Built
1906
Close
-
List price
$2.33M
Original List price
$2.33M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41114234
Home ConditionGood
Features
Patio
View-

About this home

Stately Historic Manor with Charming Turn-Key Cottage Step into history and elegance with this remarkable property, offering not one but two distinctive homes on a beautifully landscaped lot. The main residence is a stately 4-bedroom, 2.5-bath manor featuring refinished hardwood floors that exude timeless warmth. The bathrooms have been thoughtfully refreshed with new tile and luxurious quartz countertops. A formal dining room with an original Prohibition-era trap door for wine storage adds a one-of-a-kind conversation piece. This is more than just a home—it’s a piece of history, proudly known as the birthplace of Skippy Peanut Butter. Adding to the charm, the property includes an original Better Homes and Gardens turn-key cottage—a cozy 2-bedroom, 1-bath retreat with a fireplace, an inviting dining and living area, and a full kitchen. Perfect for guests, multigenerational living, or rental income. Outside, you’ll find lush new grass, fresh landscaping, and a spacious yard for outdoor entertaining. The full unfinished basement offers endless potential—create a workshop, add another living level, or enjoy abundant storage space. This rare opportunity blends history, character, and modern updates in a truly unforgettable setting. *Basement ~1400 sq. ft. *- per floor plan

Nearby schools

8/10
Franklin Elementary School
Public,K-50.1mi
9/10
Donald D. Lum Elementary School
Public,4-50.5mi
5/10
William G. Paden Elementary School
Public,K-51.1mi
5/10
Will C. Wood Middle School
Public,6-80.4mi
9/10
Alameda High School
Public,9-120.9mi
7/10
Encinal Junior/Senior High
Public,6-121.4mi

Price History

Date
Event
Price
10/09/25
Listing
$2,325,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (121 Listings)
Beds63
97%
Baths42
90%
Square foot3,8861,701
96%
Lot Size8,2504,370
93%
Price$2.33M$1.35M
94%
Price per square foot$598$804
16%
Built year19069620962
19%
HOA
Days on market27143
2%
Condition Rating
Good

Built in 1906, this historic manor has undergone significant, high-quality renovations that make it move-in ready. The bathrooms have been 'thoughtfully refreshed' with new tile and luxurious quartz countertops, showcasing modern fixtures and finishes. The kitchen, as seen in the images, features contemporary white shaker cabinets, stainless steel double wall ovens, a sleek cooktop, and quartz countertops, indicating a recent and stylish update. Refinished hardwood floors are present throughout, and the property benefits from new landscaping and modern solar panels. While not a brand-new construction or a full gut renovation of every single system, the extensive updates in key areas (kitchen, bathrooms, flooring, exterior) are well within the 5-15 year renovation window, bringing the property to a high standard of condition and style.
Pros & Cons

Pros

Dual Living/Income Opportunity: The property features a main 4-bedroom manor and a separate 2-bedroom turn-key cottage, providing versatile options for multi-generational living, guest accommodation, or significant rental income potential.
Unique Historical Provenance: Boasting significant historical value as the 'birthplace of Skippy Peanut Butter' and including unique period features like an original Prohibition-era wine trap door, appealing to buyers seeking character and a story.
Thoughtful Modern Updates: Recent renovations, including refinished hardwood floors, refreshed bathrooms with new tile and quartz countertops, and new landscaping, blend historic charm with contemporary comfort and appeal.
Significant Expansion Potential: A large, approximately 1400 sq. ft. full unfinished basement offers substantial space for future customization, such as additional living areas, a workshop, or extensive storage.
Prime Location & School Access: Situated in the desirable 'GOLD COAST' subdivision of Alameda with access to multiple highly-rated public schools, enhancing its family appeal and long-term investment value.

Cons

Historic Property Maintenance: As a 1906 build, the property may require ongoing specialized maintenance and potential updates to core systems (e.g., plumbing, electrical, HVAC) not explicitly mentioned as fully modernized.
Unfinished Basement Investment: While offering potential, the ~1400 sq. ft. basement is unfinished, requiring substantial additional investment and planning for a buyer to convert it into usable living space.
High Price Point: The list price of $2.325 million represents a significant investment, potentially narrowing the buyer pool to those specifically seeking and valuing its unique historical and dual-residence attributes.

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