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58 Vernon St 201, Oakland, California 94610, Oakland, - bed, bath

home-pic
ACTIVE$649,000
58 Vernon St 201, Oakland, California 94610
2Beds
2Baths
1,113Sqft
7,369Lot
Year Built
2021
Close
-
List price
$649K
Original List price
$699K
Price/Sqft
-
HOA
$832
Days on market
-
Sold On
-
MLS number
41095054
Home ConditionExcellent
Features
Deck
View-

About this home

LAST UNIT AVAILABLE! All other units sold. Last chance to own in the new Faraday building and community. This truly is a special build and location. Seller is offering financing at 5.5%! **Meet “The Cooper” — Warm. Sleek. Effortless.— a bright and stylish 2-bedroom, 2-bath condo at The Faraday, a brand-new 9-unit boutique building in the heart of Adams Point. Named in honor of Martin Cooper, the visionary engineer behind the first handheld cell phone, this home is all about innovation, freedom, and connection. One of the last few opportunities to own in one of the only newly built residential condo developments in Adams Point in decades! **CONVENIENCE: In-unit laundry, secure parking, elevator access, minutes to Lake Merritt, Whole Foods, BART, Equator Coffee, The Fox Theater, and the Grand Lake Farmers Market. **LUXURY: Radiant heated floors, soaring ceilings, waterfall counters, sleek finishes, designer lighting, and a private balcony with expansive windows. **DESIGN: Open floorplan, abundant natural light, ADA accessible. Come see why The Faraday is the talk of the town. Last Remaining Unit! OPEN SUN

Nearby schools

8/10
Lincoln Elementary School
Public,•K-5•1.0mi
7/10
Cleveland Elementary School
Public,•K-5•1.0mi
2/10
Piedmont Avenue Elementary School
Public,•K-5•1.3mi
9/10
Crocker Highlands Elementary School
Public,•K-5•1.8mi
2/10
Westlake Middle School
Public,•6-8•0.2mi
9/10
Piedmont Middle School
Public,•6-8•1.6mi
6/10
Edna Brewer Middle School
Public,•6-8•1.8mi
4/10
Oakland High School
Public,•9-12•1.4mi
7/10
Oakland Technical High School
Public,•9-12•1.4mi
2/10
Oakland International High School
Public,•9-12•1.5mi
10/10
Piedmont High School
Public,•9-12•1.7mi
2/10
Fremont High
Public,•9-12•3.8mi

Price History

Date
Event
Price
10/17/25
Price Change
$649,000-0.9%
10/08/25
Price Change
$655,000-0.8%
09/16/25
Price Change
$660,000
04/25/25
Listing
$699,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (51 Listings)
Beds22
50%
Baths22
50%
Square foot1,113948
67%
Lot Size7,36917,104
17%
Price$649K$466K
71%
Price per square foot$583$517.5
77%
Built year20219855986
100%
HOA$832$618
85%
Days on market194188
54%
Condition Rating
Excellent
This property was built in 2021, making it a brand-new construction. The listing explicitly states it's a 'brand-new building' with 'sleek finishes, designer lighting, and radiant heated floors.' The images confirm a pristine, modern aesthetic throughout, including a contemporary kitchen with new stainless steel appliances, flat-panel cabinetry, and hardwood floors. Bathrooms feature modern vanities, large mirrors with integrated lighting, and clean subway tiling. All components are new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

New Construction & Modern Design: Built in 2021, this is a brand-new unit in a boutique building, offering contemporary design, sleek finishes, soaring ceilings, and an open floorplan, a rarity in Adams Point.
Exceptional Location & Walkability: Situated in the heart of Adams Point, the property boasts minutes-long access to Lake Merritt, Whole Foods, BART, cultural venues like The Fox Theater, and the Grand Lake Farmers Market.
Luxury Amenities & Finishes: The unit features high-end details such as radiant heated floors, waterfall counters, designer lighting, and a private balcony with expansive windows, enhancing comfort and aesthetic appeal.
Attractive Seller Financing: The seller is offering a competitive financing rate of 5.5%, which can significantly reduce initial borrowing costs and make the property more accessible to buyers.
High Demand & Convenience: As the last available unit in a building where all others have sold, it indicates strong market appeal. It also includes in-unit laundry, secure parking, elevator access, and ADA accessibility.

Cons

High Monthly Association Fee: The association fee of $832.00 per month is substantial and adds a significant recurring cost to homeownership, potentially impacting affordability for some buyers.
Recent Price Reductions: The property has undergone multiple price reductions from its original list price of $699,000 to $649,000, which might suggest initial overpricing or a need to stimulate buyer interest.
Lack of Explicit Cooling System: While radiant heated floors are highlighted, there is no mention of a cooling system (e.g., central air conditioning), which could be a drawback during warmer months for some buyers.

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