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37000 Poplar Avenue 37006, Newark, California 94560, Newark, 94560 - 5 bed, 5 bath

37000 Poplar Avenue 37006, Newark, California 94560 home-pic-0
ACTIVE$2,469,000
37000 Poplar Avenue 37006, Newark, California 94560
5Beds
5Baths
3,525Sqft
6,250Lot
Year Built
2021
Close
-
List price
$2.47M
Original List price
$2.57M
Price/Sqft
$700
HOA
-
Days on market
-
Sold On
-
MLS number
ML82013087
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.47M(96th), sqft - 3525(97th), beds - 5(85th), baths - 5(91th).

Huge Price Reduction Now $100,000 Less. Exquisite Modern Craftsman Retreat Impeccably crafted just 4 years ago, this residence blends timeless elegance with modern sophistication. Boasting 4 spacious bedrooms, 3.5 luxurious baths, owned solar, wide-plank white oak floors, a striking floating staircase, and a gourmet chefs kitchen with quartz counters and premium stainless steel appliances. the ADU has own mailing address as 37006 Poplar: with fully independent 1-bedroom suite with its own kitchen, bath, parking, and address-ideal for guests, extended family, or additional income. Perfectly situated near Amazon and Facebook, with premier shopping and groceries including Safeway, Sprouts, and Carter Station just minutes away. Convenient freeway access completes this exceptional offering. Discover refined livingschedule your private tour today.

Price History

Date
Event
Price
10/16/25
Price Change
$2,469,000-3.9%
07/24/25
Listing
$2,569,000
Condition Rating
Excellent
This property was built in 2021, making it only 3-4 years old, which immediately places it within the 'Excellent' category for age. The description highlights 'impeccably crafted,' 'modern sophistication,' 'luxurious baths,' 'gourmet chefs kitchen with quartz counters and premium stainless steel appliances,' and 'wide-plank white oak floors.' The images confirm these claims, showcasing a state-of-the-art kitchen with high-end appliances, modern cabinetry, and waterfall quartz island. The bathrooms feature contemporary vanities, backlit mirrors, large format tiling, and glass-enclosed showers/tubs, all appearing virtually new and stylish. The overall condition, modern features, and recent construction indicate no deferred maintenance and minimal physical depreciation, meeting all criteria for an excellent rating.
Pros & Cons

Pros

Income-Generating ADU: Features a fully independent 1-bedroom ADU with its own kitchen, bath, parking, and address, offering significant potential for rental income, multi-generational living, or guest accommodation.
New Construction & Modern Design: Impeccably crafted just 4 years ago (built 2021) with a modern craftsman aesthetic, high-end finishes like wide-plank white oak floors, a floating staircase, and luxurious baths.
Premium Kitchen & Energy Efficiency: Boasts a gourmet chef's kitchen with quartz counters and premium stainless steel appliances, complemented by owned solar panels for reduced energy costs.
Strategic Location: Conveniently situated near major tech employers (Amazon, Facebook), premier shopping (Safeway, Sprouts), and offers excellent freeway access, enhancing daily convenience and commute.
Recent Price Adjustment: A significant $100,000 price reduction makes this high-quality, modern home more competitive and attractive to buyers in the current market.

Cons

Initial Pricing Strategy: The substantial $100,000 price reduction suggests the initial listing price may have been overly ambitious or required adjustment to current market conditions, potentially influencing buyer perception.
Limited Outdoor Space: With a 3,525 sqft home on a 6,250 sqft lot, the property likely offers a relatively compact backyard or limited outdoor living area, which may not suit buyers desiring extensive garden space or large recreational areas.
High Property Tax Burden: As a newly built, high-value property in a desirable California location, prospective owners should anticipate a substantial annual property tax obligation.

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