The basics:

  Square feet

  1147 sq foot

  Lot size

  3999 sq foot

  Bed/bath

  2 / 2

  

Year built

1923

What makes it unique:

This cottage-style home is just one example of the kind of homes that are flying off the real estate shelves in Point Richmond. The quaint Richmond neighborhood is known for its village feel, convenience for Bay Area commuters, and panoramic views of the East Bay and Marin County — and also its relative affordability compared to the rest of the Bay Area.

McCarthy + Moe Group real estate agent Shenna Moe listed the two-bedroom, two-bathroom property and says the neighborhood offers plenty of options for under $1 million. She added that the neighborhood has seen a huge increase in demand over the last five years, but especially so during the pandemic, even though Point Richmond properties tend to be smaller than suburban Bay Area homes. She has seen the most interest among Bay Area residents looking to downsize while moving to a place with a neighborhood feel. She also seeks people looking to start a family, or just enjoy the amenities the area has to offer, including its outdoor spaces, sailing and swimming opportunities, shopping, dining, and more. Inventory is always low in the area, which means homes often sell quickly and receive multiple offers, she said. “People like the idea that you’re not in a suburban area where it’s just a sprawl of homes,” she said, adding that the neighborhood is fairly varied in its architectural styles, with many turn-of-the-century homes in its historic downtown area and some larger, more contemporary waterfront developments on its other side.

People who came to see the Nevada Ave. home were particularly drawn to its large backyard space (complete with palm trees), multiple deck and patio areas, and the fact that it was move-in ready. The fact that it was a street-to-street lot (with both streets on dead-ends) was also appealing to buyers who were looking for a tranquil and cozy property to call home. The home is somewhat of a rarity in the central Bay Area: it was listed for below $1 million. Can you guess if the sale price stayed below that level?

Source: San Francisco Chronicle