A Luxurious Oakland Mansion Sells for $1.6 Million Per Square Foot
In a recent transaction, a spacious house on Butters Drive in the 3600 block of Oakland has been sold to a new owner for a staggering $1,600,000. The home, built in 1939, boasts an impressive 2,939 square feet and features four bedrooms and three bathrooms, providing ample space for its occupants.
When considering the sale price, it's worth noting that this represents a remarkable $544 per square foot valuation. To put this into perspective, nearby houses have also recently been sold at significant prices: in August 2022, a 1,965-square-foot home on Robinson Drive was sold for $1,440,000, equating to a price of $733 per square foot. A three-bedroom, four-bathroom residence on Rubin Drive sold for $1,840,000 in April 2023, translating to a $587 per square foot valuation.
In contrast, a more recent transaction saw a 2,256-square-foot home on Brunell Drive sell for $2,025,000 in July 2022, resulting in a price of $898 per square foot. These sales demonstrate that the housing market in Oakland remains highly competitive and lucrative for savvy buyers looking to invest in prime properties.
This article was generated by the Bay Area Home Report Bot, utilizing public records data from local county offices. If you have any questions or concerns regarding this article, please don't hesitate to reach out to [email protected].
In a recent transaction, a spacious house on Butters Drive in the 3600 block of Oakland has been sold to a new owner for a staggering $1,600,000. The home, built in 1939, boasts an impressive 2,939 square feet and features four bedrooms and three bathrooms, providing ample space for its occupants.
When considering the sale price, it's worth noting that this represents a remarkable $544 per square foot valuation. To put this into perspective, nearby houses have also recently been sold at significant prices: in August 2022, a 1,965-square-foot home on Robinson Drive was sold for $1,440,000, equating to a price of $733 per square foot. A three-bedroom, four-bathroom residence on Rubin Drive sold for $1,840,000 in April 2023, translating to a $587 per square foot valuation.
In contrast, a more recent transaction saw a 2,256-square-foot home on Brunell Drive sell for $2,025,000 in July 2022, resulting in a price of $898 per square foot. These sales demonstrate that the housing market in Oakland remains highly competitive and lucrative for savvy buyers looking to invest in prime properties.
This article was generated by the Bay Area Home Report Bot, utilizing public records data from local county offices. If you have any questions or concerns regarding this article, please don't hesitate to reach out to [email protected].
I mean i get that its a luxurious mansion but 544 bucks per sqft is just too much 
for anyone in their right mind 
my friend bought a house last year and it was like half that price lol what are people thinking? 
. Still, if you've got the cash, go ahead and splurge – just don't expect me to be joining you on a house hunt anytime soon 
i'm kinda jelly, but also, i mean, who needs 2k sqft of living space when you can have 5k? 
also, why are all these houses on different streets from each other?? like what's the deal with that?? is it just random or is there something we're not being told about Oakland real estate market? 
And those nearby sales don't really help to justify this price. I guess if you're a billionaire looking to spend your cash on some real estate, then go for it... but for regular people like me, that's just out of reach. 
1.6 million per sqft? Sounds like someone really wanted a piece of the Oakland dream 
. But let's be real, for those who can afford it, I guess $544 per sqft is just another price tag to add to their collection 
At least it means there are some people out there who are willing to shell out big bucks for a beautiful home. Good luck to them!