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Shannon Prokup
510-813-8400
CA DRE# 01865014

Grand Lake, Oakland

Why you'd want to live in Grand Lake, Oakland

Oakland's Grand Lake area has become an exciting focal point for Oakland, from it's close proximity to Oakland's iconic Lake Merritt to the renaissance that is taking place within the adjacent neighborhoods. Grand Lake is a natural gathering place for Oaklanders, where the hills meet the lake. Yes, there is a lake featuring Venetian Gondola rides in the heart of Oakland! It is quite a lively neighborhood with many feet and wheels (two and/or four) passing through, from the runners taking their 3.5 mile loop around Lake Merritt to the coffee seekers visiting Peet’s on Lakeshore, to diners seeking to satisfy their inner gourmand at spots like Penrose, Boot and Shoe, Camino, Shakewell, and Michel Bistro. Don't forget the Grand Lake Theater, a magnificent historic movie theater open since 1929, featuring the famed "Mighty Wurlitzer" Organ, which is played before Friday and Saturday night shows. Retail stores have also joined the ranks with the majority of them flying their independent local colors (Walden Pond Books, Urban Indigo, Ordinaire Wine Shop, Michael Mischer Chocolates, Apothecary, that Shoe Shop, etc.). Fairyland is every young child's delight (and Walt Disney's inspiration) for pint-sized fun from puppet shows, to carousels, and merry-go-round. At the northern tip of beautiful Lake Merritt lies the Splash Pad Park (at Grand Ave and Lake Park Avenue) where you will find one of the finest farmer’s markets in the East Bay. Every Saturday, rain or shine, over 44 local farmers, 30 specialty food suppliers gather and show their best. At this open air market one can find a variety of seasonal fruits and vegetables, meats, cheeses, baked goods and more. Some of the more include flowers, warm breakfast and lunch treats, knife sharpening services to massages. Be it a sunny day or rainy day, there will always be activity in this vibrant and diverse area of Oakland.

Grand Lake Theater Lake Merritt

Grand Lake, Oakland Market Report

$804,081

AVERAGE PRICE OF 1,036 HOMES

$1,200,719

AVERAGE PRICE OF 50 NEWLY BUILT HOMES

$802,364

AVERAGE PRICE OF 52 HOMES WITH A POOL

$1,763,815

AVERAGE PRICE OF 197 MULTI-MILLION DOLLAR HOMES

$781,031

AVERAGE PRICE OF 32 REDUCED PRICE HOMES

$671,568

AVERAGE PRICE OF 25 DISTRESSED HOMES

Average Home

Average Price $804,081
Avg Bedrooms 2.86 beds
Avg Bathrooms 1.93 baths

Average Price by Bedrooms

1 bedroom $509,181
2 bedrooms $595,219
3 bedrooms $757,651
4 bedrooms $1,038,775
5 bedrooms $1,227,205
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,036 $804,081 88 days
Newly Built Homes 50 $1,200,719 101 days
Homes with a Pool 52 $802,364 55 days
Multi-Million Dollar Homes 197 $1,763,815 75 days
Reduced Price Homes 32 $781,031 64 days
Distressed Homes 25 $671,568 183 days

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Abio Properties
4200 Broadway
Oakland, CA 94611
888-400-2246
CA DRE# 01993663
985 Moraga Rd, Suite 212
Lafayette, CA 94549
888-400-2246
CA DRE# 01403911

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