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Home sold for $3,500,000 in 92 days

720 Palmera Ct Alameda, CA, 94501

Neighborhood: Gold Coast

Off the market 5 beds 4 full + 1 half baths 4,917 sqft

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Expansive and altogether glamourous, this five-bedroom, four-and-a-half-bathroom Mediterranean Revival basks on an elegant circular court with private waterfront backdrop. Level manicured grounds spotlight soaring palm trees, border a lagoon, and extend to a private dock. Home and property showcase preservation and restoration of architectural artistry circa 1927. In an optimal layout, exquisite, architecturally enchanting interior spaces open throughout the main floor to terrace and garden and to balconies from the second floor, where five bedrooms and four bathrooms include the lavish multi-chamber primary suite. Its highlights include a balcony, water view, marble-floored sunroom that doubles as an office, epic dressing room, and statement-piece bathroom. Comprehensive kitchen and bathroom renovations befit the home’s provenance and feature a luxe kitchen composition that extends to a butler’s pantry, and fireplace-equipped breakfast area with garden access.
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Property details

4,917 sqft interior area
Property type
Home
Interior area
4,917 sqft
View
Water
Land area
15,245 sqft (0.35 acres)
Price per sqft
$711/sqft
Address
720 Palmera Ct, Alameda, CA, 94501
City of California
Alameda
County
Alameda
Previous price
$3,850,000
Sold price
$3,500,000
nr.of parking places
3
Style
Mediterranean
Stories
2
Year Built
1927
Neighborhood
Gold Coast
District
Listing
Stories
Two Story
Virtual Tour

Open Houses

No upcoming open houses

Interior Features

11 rooms, 3 parking places
Beds
5
Baths
4 full + 1 half
Floors
Hardwood, Tile, Carpet
Stories
Two Story
Security
Carbon Monoxide Detector(s), Smoke Detector(s)
Property Condition
Existing
Parking
3
Garage & Parking
Attached, Int Access From Garage, Off Street, Side Yard Access, Garage Door Opener
Rooms
11
# of fireplaces
3
Fireplaces
Brick, Decorative, Electric, Gas, Living Room, Kitchen
Laundry Features
Dryer, Washer
Heathing & Cooling
None, Other, Hot Water
Kitchen features
Counter - Stone, Dishwasher, Eat In Kitchen, Garbage Disposal, Gas Range/Cooktop, Pantry, Refrigerator
Other rooms
Bonus/Plus Room, Formal Dining Room, Library, Office, Storage, Study, Utility Room, Stone Counters, Eat-in Kitchen, Pantry
Upper Level Features
5 Bedrooms, 4 Baths, Primary Bedrm Suite - 1
Appliances
Dishwasher, Disposal, Gas Range, Refrigerator, Dryer, Washer, Gas Water Heater

Listed by

Anthony Riggins, SOTHEBY'S INTERNATIONAL REALTY INC
Name
Anthony Riggins
License number
01372885
Brokerage company
SOTHEBY'S INTERNATIONAL REALTY INC
MLS #
41044003

Buyer agent

Name
Christy Nguyen
Brokerage company
Onluxion, Inc.

Payment calculator

Calculate your monthly payments
Mortgage
$10,746
Taxes
$0
HOA dues
$0
$10,746 per month
Mortgage
$700,000 / 20%
2.28%
30 years
Your amount $10,746 / month

Exterior Features

Stucco construction and more
Construction
Stucco
Pool
None
Yard
Dock, Garden, Back Yard, Dog Run, Front Yard, Garden/Play, Sprinklers Automatic, Landscape Back, Landscape Front

Lot details

TMK #74125529
Lot Description
Level, Regular, Front Yard, Landscape Back, Landscape Front
Parcel nr.
74125529

Gold Coast neighborhood info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data

People living in Gold Coast

45%
Families with children
National average: 39%
43%
Non family households
241,735
Population
$102,104
Average Income

Age & gender

Median age 38 years
More info

Commute types

59% commute by car
More info

Education level

28% have bachelor education
More info

Number of employees

4% work in education and healthcare
More info

Vehicles available

44% have 1 vehicle
More info

Vehicles by gender

44% have 1 vehicle
More info

Housing market insights for

$978.74k
Neighborhood average
sales price*
$900k
Neighborhood median
sales price*
335
Number
of sales*

Housing type

33% are single detacheds
More info

Rooms

40% of the houses have 4 or 5 rooms
More info

Bedrooms

56% have 2 or 3 bedrooms
More info

Owners vs Renters

62% are renters
More info
14.17 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Sold Feb 26, 2024

Gold Coast Median sales price 2024

Bedrooms Med. price % of listings
1 bed $605k 25%
3 beds $1.6m 50%
5 beds $3.5m 25%
Date Event Price $/sqft Source
Feb 26, 2024 Sold $3,500,000 711.82 Public Record
Feb 26, 2024 Price Decrease $3,500,000 -9.09% 711.82 MLS #41044003
Jan 28, 2024 Pending $3,850,000 783 MLS #41044003
Nov 27, 2023 New Listing $3,850,000 783 MLS #41044003

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Frequently Asked Questions about 720 Palmera Ct

What is 720 Palmera Ct?

720 Palmera Ct, Alameda, CA, 94501 is a single family home located in the Gold Coast neighborhood in the city of Alameda, California with zipcode 94501. This single family home has 5 bedrooms & 4 full bathrooms + & 1 half bathroom with an interior area of 4,917 sqft.

Which year was this home built?

This home was build in 1927.

Which year was this property last sold?

This property was sold in 2024.

What is the full address of this Home?

720 Palmera Ct, Alameda, CA, 94501.

Are grocery stores nearby?

The closest grocery stores are Trader Joe's, 0.64 miles away and Safeway, 0.67 miles away.

What is the neighborhood like?

The Gold Coast neighborhood has a population of 241,735, and 45% of the families have children. The median age is 38.5 years and 59% commute by car. The most popular housing type is "single detached" and 62% is renter.

Based on information from the bridgeMLS as of 04-28-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: Feb 27, 2024
Verhouse Last checked 5 minutes ago

720 Palmera Ct, Alameda, CA, 94501 is a single family home located in the Gold Coast neighborhood in the city of Alameda, California with zipcode 94501. This single family home has 5 bedrooms & 4 full bathrooms + & 1 half bathroom with an interior area of 4,917 sqft on a 15,035 sqft sqft lot. This house was build in 1927.
The closest grocery stores are Trader Joe's, 0.64 miles away and Safeway, 0.67 miles away.
The Gold Coast neighborhood has a population of 241,735, and 45% of the families have children. The median age is 38.5 years and 59% commute by car. The most popular housing type is "single detached" and 62% is renter.

*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.

Home Sold $3.5m 720 Palmera Ct, Alameda, CA, 94501 5 beds / 4 full + 1 half baths / 4,917 sqft Save House Remove from Saved