Detached Oakland Home Sells for $1.5 Million in Hot Market

UPDATE: A historic home in Oakland has just sold for $1.5 million, underscoring the city’s booming real estate market. The 2,133-square-foot property located at 4626 San Sebastian Avenue changed hands on August 20, 2025, fetching a price of $703 per square foot.

This spacious two-story house, built in 1919, features four bedrooms and two bathrooms, making it a desirable option for families looking for room to grow. The lot measures a generous 4,000 square feet, providing ample outdoor space.

The recent sale reflects a significant trend in the Oakland housing market, where home prices are surging. Nearby properties have also seen considerable transactions. For instance, a 1,328-square-foot home on Edgewood Avenue sold for $1,310,000 in August 2024, while a 1,542-square-foot residence in the same area went for $1,628,000 just a few months ago in May 2025.

As the demand for housing continues to rise in Oakland, potential buyers should take note of these trends. The competition is fierce, and homes are moving quickly off the market.

The recent transaction at 4626 San Sebastian Avenue highlights the ongoing transformation of Oakland’s real estate landscape. With home prices reaching new heights, this is a crucial time for both buyers and sellers to engage in the market.

Watch for more developments as the real estate scene in Oakland evolves rapidly. Authorities urge prospective buyers to stay informed and act quickly, as opportunities may not last long.