5883 Margarido Dr, Oakland, California 94618, Oakland, - bed, bath
ACTIVE$4,739,999
5883 Margarido Dr, Oakland, California 94618
5Beds
6Baths
5,542Sqft
6,388Lot
Year Built
2025
Close
-
List price
$4.74M
Original List price
$4.95M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41097795
Home ConditionExcellent
Features
Good View: City Lights
Deck
ViewCity Lights
About this home
Modern elegance meets everyday luxury in this stunning Upper Rockridge new construction home. With 4 en-suite bedrooms, bonus room, built-in BBQ, elevator access, chef's kitchen with a grand eat-in island, Wolf and Gaggenau appliances, custom cabinetry, and seamless indoor-outdoor living on every floor. Includes a sleek 1 bed/1 bath ADU with private entry, perfect for guests or income. Beautifully curated with low maintenance landscaping and a living wall.
Price History
Date
Event
Price
09/16/25
Price Change
$4,739,999
05/16/25
Listing
$4,950,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (65 Listings) | |
|---|---|---|---|
| Beds | 5 | 3 | 86% |
| Baths | 6 | 3 | 92% |
| Square foot | 5,542 | 2,167 | 95% |
| Lot Size | 6,388 | 5,558 | 64% |
| Price | $4.74M | $1.9M | 97% |
| Price per square foot | $855 | $908 | 39% |
| Built year | 2025 | 9630963 | 100% |
| HOA | |||
| Days on market | 173 | 150 | 62% |
Condition Rating
Excellent
This property is a brand new construction, built in 2025, which immediately qualifies it for an 'Excellent' rating. The description highlights a 'chef's kitchen with a grand eat-in island, Wolf and Gaggenau appliances, custom cabinetry,' and '4 en-suite bedrooms,' indicating high-end finishes throughout. The images confirm a pristine, modern aesthetic with new hardwood floors, contemporary light fixtures, sleek bathrooms with floating vanities and large format tiles, and a state-of-the-art kitchen. All components are new, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
New Construction & Modern Luxury: Built in 2025, this property offers brand-new construction with modern elegance, high-end finishes, and contemporary design, appealing to buyers seeking a move-in ready, luxurious home.
Premium Amenities & Appliances: Features a chef's kitchen with Wolf and Gaggenau appliances, custom cabinetry, a grand eat-in island, built-in BBQ, and elevator access, providing exceptional comfort and convenience.
Income/Guest Potential (ADU): Includes a sleek 1 bed/1 bath Accessory Dwelling Unit (ADU) with a private entry, offering versatile options for guest accommodation, extended family, or potential rental income.
Desirable Location & Views: Located in the prestigious Upper Rockridge subdivision of Oakland, the property boasts desirable 'City Lights' views, enhancing its appeal and value.
Spacious & Functional Layout: With 4 en-suite bedrooms, a bonus room, and seamless indoor-outdoor living on every floor, the home provides ample space and a highly functional layout for modern living and entertaining.
Cons
Recent Price Reduction: The property has undergone a recent price reduction from $4.95M to $4.739999M, which could suggest initial overpricing or slower market interest than anticipated.
High Price Point: The list price of nearly $4.74 million places it in a very high-end luxury segment, significantly narrowing the pool of potential buyers.
Modest Lot Size: While the home is expansive at 5,542 sqft, the lot size of 6,388 sqft is relatively modest for a luxury single-family residence, potentially limiting private outdoor space compared to similar properties.