36347 Magellan Drive, Fremont, California 94536, Fremont, - bed, bath
ACTIVE$1,460,000
36347 Magellan Drive, Fremont, California 94536
5Beds
2Baths
1,442Sqft
6,893Lot
Year Built
1954
Close
-
List price
$1.46M
Original List price
$1.5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82022501
Home ConditionFair
Features
Patio
View-
About this home
Charming Fremont Home with Income Potential! Light filled and inviting, the main residence features 3 bedrooms and 1 bath. A separate bonus unit offers 2 bedrooms, 1 bath, and a kitchenette, ideal for rental income, extended family, or a private guest retreat. The property sits on a well maintained corner lot with a newly renovated front yard, adding to its curb appeal. This versatile home offers multiple living options and plenty of potential to make it your own. Conveniently located near Highway 880 and 92, enjoy an easy commute plus access to nearby shopping, schools, and parks.
Nearby schools
5/10
Cabrillo Elementary School
Public,•K-6•0.3mi
6/10
Oliveira Elementary School
Public,•K-6•0.5mi
7/10
Patterson Elementary School
Public,•K-6•0.6mi
7/10
Thornton Junior High School
Public,•7-8•0.6mi
6/10
Centerville Junior High
Public,•7-8•1.2mi
9/10
American High School
Public,•9-12•0.7mi
7/10
Washington High School
Public,•9-12•1.6mi
Price History
Date
Event
Price
10/28/25
Price Change
$1,460,000-2.5%
09/22/25
Listing
$1,498,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (126 Listings) | |
|---|---|---|---|
| Beds | 5 | 3 | 92% |
| Baths | 2 | 2 | 50% |
| Square foot | 1,442 | 1,648 | 30% |
| Lot Size | 6,893 | 7,000 | 46% |
| Price | $1.46M | $1.68M | 33% |
| Price per square foot | $1,012 | $1,014 | 50% |
| Built year | 1954 | 1962 | 21% |
| HOA | |||
| Days on market | 44 | 141 | 5% |
Condition Rating
Fair
Built in 1954, this property has received several updates including a newly renovated front yard, fresh exterior and interior paint, updated flooring (laminate), and a new roof. The separate bonus unit features a more modern kitchenette with a mini-split AC unit. However, the main kitchen, while functional, has dated tile countertops and backsplash, and mixed appliances (newer range, older refrigerator). The main bathroom also appears clean and functional but is dated in style. These areas require minor updates to meet current aesthetic standards, placing the property in the 'Fair' condition category.
Pros & Cons
Pros
Income-Generating Potential: Features a separate 2-bedroom, 1-bath bonus unit with a kitchenette, ideal for rental income, extended family, or a private guest retreat, offering versatile living options.
Strategic Commuter Location: Conveniently situated near major Highways 880 and 92, ensuring an easy commute and close proximity to essential amenities like shopping, schools, and parks.
Strong Curb Appeal: Positioned on a well-maintained corner lot with a newly renovated front yard, significantly enhancing the property's visual appeal.
Abundant Natural Light: The main residence is described as 'light-filled,' creating a bright and inviting atmosphere throughout the living spaces.
Access to Top-Rated Schools: Benefits from being in the Fremont Unified High School District, with highly-rated schools nearby, including American High School (rating 9).
Cons
Property Age & Potential Updates: Built in 1954, the main residence may require significant updates to its core systems or interior finishes to align with contemporary buyer expectations.
Limited Bathroom Count (Main Unit): The main residence features 3 bedrooms but only 1 bathroom, which could be a functional constraint for larger families or impact future resale value.
Recent Price Adjustment: A recent price reduction from $1.498M to $1.46M could indicate initial overpricing or market resistance, potentially signaling a need for further price negotiation.