5883 Margarido Dr, Oakland, California 94618, Oakland, 94618 - 5 bed, 6 bath
ACTIVE$4,740,000
5883 Margarido Dr, Oakland, California 94618
5Beds
6Baths
5,542Sqft
6,388Lot
Year Built
2025
Close
-
List price
$4.74M
Original List price
$4.74M
Price/Sqft
$855
HOA
-
Days on market
-
Sold On
-
MLS number
41111939
Home ConditionExcellent
Features
Good View: City Lights
Deck
ViewCity Lights
About this home
Possibly Over-Priced:The estimated price is 6% below the list price. We found 3 Cons,5 Pros. Rank: price - $4.74M(95th), sqft - 5542(98th), beds - 5(90th), baths - 6(93th).
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
10/17/25
Price Change
$4,740,000+0.0%
09/18/25
Listing
$4,739,999
Condition Rating
Excellent
This is a brand new construction home, built in 2025, as explicitly stated in the listing and confirmed by the pristine condition visible in the images. The description highlights a 'chef's kitchen with Wolf and Gaggenau appliances' and 'custom cabinetry,' which the images showcase as a modern, high-end space with white shaker-style cabinets, integrated appliances, and a large island. The property features light hardwood floors throughout, recessed lighting, modern fireplaces, and sleek finishes. All components are new, meeting current quality standards, and there is no deferred maintenance or physical depreciation. The inclusion of an elevator and an ADU further emphasizes its modern luxury and functionality.
Pros & Cons
Pros
New Construction & Modern Luxury: Built in 2025, this property offers brand-new construction with modern elegance, high-end finishes, and state-of-the-art systems, ensuring a move-in ready, luxurious living experience.
Income-Generating ADU: Includes a sleek 1 bed/1 bath Accessory Dwelling Unit (ADU) with private entry, providing excellent flexibility for guest accommodation, multi-generational living, or significant rental income potential.
Premium Amenities & Features: Boasts an array of luxury amenities including 4 en-suite bedrooms, elevator access, a chef's kitchen with Wolf and Gaggenau appliances, custom cabinetry, a bonus room, and a built-in BBQ.
Desirable Location & Views: Situated in the highly sought-after Upper Rockridge neighborhood of Oakland, offering desirable 'City Lights' views and a prestigious address.
Seamless Indoor-Outdoor Living: Designed for modern living with seamless indoor-outdoor transitions on every floor, complemented by beautifully curated, low-maintenance landscaping and a living wall.
Cons
Aggressive Pricing: The current listing price is 5% above the estimated property value, which may indicate an aggressive pricing strategy and could potentially impact market competitiveness or time on market.
High Property Tax Burden: As a new luxury construction in a prime Oakland location, prospective buyers should anticipate a substantial annual property tax liability, which will be a significant ongoing ownership cost.
Limited Outdoor Space: While the lot size is 6388 sqft, the expansive 5542 sqft home occupies a significant footprint, potentially leaving a smaller-than-expected usable yard area for a property of this caliber and price point.