127 Maitland Dr, Alameda, California 94502, Alameda, - bed, bath

home-pic
ACTIVE$998,000
127 Maitland Dr, Alameda, California 94502
4Beds
3Baths
2,611Sqft
5,500Lot
Year Built
1922
Close
-
List price
$998K
Original List price
$1.4M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41112810
Home ConditionExcellent
Features
View-

About this home

THE BEST VALUE IN ALAMEDA — MASSIVE PRICE REDUCTION! Discover refined island living at 127 Maitland Drive, an exquisite residence in Alameda’s coveted Bay Farm community. Offering over 2,600 sq ft of sophisticated living, this home blends timeless design with modern comfort. Sun-drenched interiors flow from formal living and dining rooms to a gourmet chef’s kitchen with sleek cabinetry, premium appliances, and expansive counters. Four generous bedrooms and four beautifully updated bathrooms provide privacy and serenity, while the primary suite is a luxurious retreat with spa-inspired finishes. Upgrades include central heating and cooling, a tankless water system, and a full Generac backup generator. Outdoors, a private backyard awaits elegant entertaining, complemented by a rare, oversized driveway accommodating multiple vehicles, an RV, or a boat. Close to top-rated schools, boutique shopping, fine dining, and waterfront recreation, with easy access to Oakland International Airport and Bay Area transit, this move-in-ready home is the epitome of luxury, lifestyle, and distinction.

Nearby schools

9/10
Amelia Earhart Elementary School
Public,K-50.7mi
2/10
Futures Elementary School
Public,K-53.0mi
2/10
Community United Elementary School
Public,K-53.0mi
8/10
Bay Farm
Public,K-81.0mi
9/10
Lincoln Middle School
Public,6-81.2mi
1/10
Roots International Academy
Public,6-82.9mi
9/10
Alameda High School
Public,9-122.1mi
3/10
Coliseum College Prep Academy
Public,6-122.9mi
2/10
Fremont High
Public,9-123.0mi
1/10
Castlemont High
Public,9-124.3mi
2/10
Oakland International High School
Public,9-126.9mi

Price History

Date
Event
Price
10/14/25
Price Change
$998,000-28.7%
09/25/25
Listing
$1,400,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (36 Listings)
Beds43
73%
Baths33
50%
Square foot2,6111,782
89%
Lot Size5,5004,106
81%
Price$998K$1.4M
5%
Price per square foot$382$796
3%
Built year19221987
5%
HOA$295
Days on market42159
3%
Condition Rating
Excellent

Despite being built in 1922, this property has undergone an extensive and high-quality renovation, bringing it to current modern standards. The kitchen features sleek white shaker cabinetry, premium stainless steel appliances (including a gas range), light quartz countertops, and a contemporary blue/green subway tile backsplash. All bathrooms are beautifully updated with modern vanities, stone countertops, stylish tiling, glass shower enclosures, and contemporary fixtures, consistent with 'spa-inspired finishes.' The property boasts new light-colored engineered wood and large format tile flooring throughout, recessed lighting, modern windows, and updated systems including central heating and cooling, mini-split units, a tankless water system, and a Generac backup generator. The overall condition is virtually new with no visible deferred maintenance, making it move-in ready and meeting the 'excellent' criteria for a recently renovated home.
Pros & Cons

Pros

Desirable Location & Community: Located in Alameda’s coveted Bay Farm community, offering proximity to top-rated schools, boutique shopping, fine dining, waterfront recreation, Oakland International Airport, and Bay Area transit.
Extensive Modern Upgrades & Amenities: Features include central heating and cooling, a tankless water system, a full Generac backup generator, a gourmet chef’s kitchen with premium appliances, and beautifully updated bathrooms with spa-inspired finishes.
Generous Living Space: Boasts over 2,600 sq ft of sophisticated living space, including four generous bedrooms, four updated bathrooms, and formal living and dining rooms, providing ample room for comfort and entertaining.
Exceptional Outdoor Features & Parking: Offers a private backyard ideal for elegant entertaining and a rare, oversized driveway capable of accommodating multiple vehicles, an RV, or a boat.
Significant Price Reduction & Value: A massive price reduction from $1.4M to $998K positions this property as a strong value proposition in Alameda, especially when compared to its estimated market value of nearly $1.5M.

Cons

Age of Property: Built in 1922, despite modern upgrades, an older home may still present potential for unforeseen maintenance related to original infrastructure or historical preservation considerations.
Large Price Adjustment History: The substantial price drop from an original list price of $1.4M to $998K, while now a strength for buyers, could raise questions about the property's initial market reception or previous overvaluation.
Lot Size to Home Ratio: With 2611 sq ft of living space on a 5500 sq ft lot, the home occupies a significant portion of the land, potentially limiting expansive outdoor living areas or future additions beyond the existing private backyard.

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