21798 Independent School Rd, Castro Valley, California 94552, Castro Valley, - bed, bath

home-pic
ACTIVE$2,395,000
21798 Independent School Rd, Castro Valley, California 94552
8Beds
8Baths
6,680Sqft
14,861Lot
Year Built
1976
Close
-
List price
$2.4M
Original List price
$2.5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41106119
Home ConditionPoor
Features
Good View: Bay, City Lights, Canyon, Park/Greenbelt, Hills, Panoramic, Valley, Trees/Woods, Water
Patio
ViewBay,City Lights,Canyon,Park/Greenbelt,Hills,Panoramic,Valley,Trees/Woods,Water

About this home

Two Homes On One Lot - Ideal for Family/Multigenerational Living or Investment Opportunity! A rare and versatile opportunity! This property features two homes on an expansive 14,864 sqft lot offering a total of 8 bedrooms, 8 bathrooms, and 6,680 sq.ft of living space. Perfect for multigenerational living, extended families or income producing potential. The main home offers 5 bedrooms and 4 bathrooms and is ready for your finishing touches and customization. A flex space with its own private bathroom makes an ideal home office, gym, creative studio or guest suite. The second home is move in ready 3 bedrooms, 3 bath residence providing immediate options for family, rental income or guest accommodations. . Step outside to enjoy the beautifully landscaped grounds including numerous fruit trees, a detached storage shed, and plenty of space for outdoor entertaining or gardening. Conveniently located near shopping, restaurants, and boasting quick access to 580, 238, and 880 freeways, this property is a rare find offering space, versatility, and incredible potential. Live in one, finish the other – or rent both! A true gem with endless possibilities. A property like this does not come around that often! Views: Ridge

Price History

Date
Event
Price
11/04/25
Price Change
$2,395,000-4.2%
07/25/25
Listing
$2,500,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (48 Listings)
Beds84
98%
Baths83
98%
Square foot6,6802,240
98%
Lot Size14,86112,620
59%
Price$2.4M$1.52M
94%
Price per square foot$359$683
2%
Built year19761978
45%
HOA
Days on market103159
24%
Condition Rating
Poor

This property consists of two homes built in 1976. While the second home (3 beds, 3 baths) is described as 'move-in ready' and appears functional with dated but maintained features (e.g., laminate countertops, basic bathroom fixtures, older light fixtures, carpet/tile flooring), the main home (5 beds, 4 baths) is explicitly stated to be 'ready for your finishing touches and customization.' Images of the main home reveal exposed subflooring, unfinished walls, partially installed cabinets/vanities, and a very dated, unfinished bathroom with glass block and a built-in tub. The extensive work required to complete and modernize the larger main residence constitutes substantial rehabilitation, pulling the overall property condition into the 'Poor' category, despite the livable state of the second home.
Pros & Cons

Pros

Dual Residence Configuration: Features two distinct homes on one expansive lot, offering unparalleled versatility for multi-generational living, extended families, or significant income generation.
Substantial Living & Lot Size: Boasts an impressive 6,680 sq.ft of total living space across both homes on a large 14,864 sqft lot, providing ample room, privacy, and outdoor potential.
Strong Income Potential: The 'move-in ready' second home and the option to rent both units present a clear and immediate opportunity for substantial rental income.
Strategic Freeway Access: Conveniently located with quick access to major freeways (580, 238, 880), ensuring excellent connectivity for commuting and access to amenities.
Diverse Panoramic Views: Offers a wide array of views including Bay, City Lights, Canyon, Hills, Panoramic, Valley, Trees/Woods, and Water, significantly enhancing desirability.

Cons

Main Home Requires Completion: The primary residence needs 'finishing touches and customization,' indicating additional investment and effort will be required from the buyer.
Property Age & Potential Updates: Built in 1976, the property may require updates to systems or aesthetics beyond the main home's stated needs, depending on buyer preferences and modern standards.
Recent Price Adjustment: A recent price reduction from $2.5M to $2.395M could suggest initial overpricing or a slower market reception, potentially impacting perceived value or indicating a need for quicker sale.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse market stats by State