516 Spruce Way, Oakley, CA 94561
516 Spruce Way, Oakley, CA 94561
Property Description
$37k credits offered which could get you a 4.99% 5/1 Arm Interest rate or 5.99% 30 year fixed rate for this home! HURRY while this offer lasts! Welcome to the popular Residence 4 by Meritage Homes in the new Cedarstone community of Oakley. This brand-new, energy-efficient home was thoughtfully designed with quality, convenience, and functionality in mind. The versatile floor plan features a full bedroom and bathroom downstairs, ideal for guests, extended living, or a private home office. Gorgeous kitchen with beautiful cabinets, pantry, and stainless steel appliances. Upstairs, enjoy a spacious loft offering additional room for a media area, play space, or second living room. A desirable 3-car tandem garage provides plenty of room for vehicles, storage, or recreational gear. Making your move even easier, the home includes a washer, dryer, refrigerator, and window coverings installed prior to receiving the keys. With modern finishes, flexible living spaces, and energy-efficient design, this beautiful new construction home offers the comfort and convenience of truly move-in-ready living in Oakley.
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Oakley · Single Family Residence
Listed in line with the median closed sale of $729,000. Closed comps sold at 101% of list — strong seller's market.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 613 Channel Cir. | Oakley | 2026 | 4 | 3 | 2,992 | 6,000 | $260 | $779,000 | 19 | 91 |
| 14 Renoir Ct | Oakley | 2006 | 5 | 3 | 2,771 | 6,300 | $252 | $697,000 | 68 | 89 |
| 2421 Talaria Dr | Oakley | 2013 | 5 | 4 | 2,784 | 5,764 | $251 | $699,000 | 44 | 89 |
| 511 Spruce Way | Oakley | 2026 | 5 | 3 | 2,833 | 6,500 | $274 | $775,000 | 152 | 87 |
| 186 Willowrun Way | Oakley | 2017 | 5 | 3 | 2,449 | 4,122 | $286 | $699,999 | 95 | 87 |
| Total: 5 · Average | 4.8 | 3.2 | 2,765.8 | 5,737.2 | $264.6 | $729,999.8 | 75.6 | |||
| Median | 2,784 | $699,999 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 15 Vitruvius Ct | Oakley | 2006 | 09/03/2026 | 5 | 3 | 2,864 | 6,300 | $719,800 | $725,000 | $253 | 1.01 | 54 | 89 |
| 3672 Cloverbrook Ave | Oakley | 2026 | 09/18/2026 | 4 | 4 | 2,685 | 5,168 | $811,000 | $811,260 | $302 | 1.00 | 142 | 88 |
| 19 Minaret Rd | Oakley | 2005 | 08/13/2026 | 6 | 3 | 2,817 | 6,412 | $729,000 | $729,000 | $259 | 1.00 | 55 | 86 |
| 129 Picasso Dr | Oakley | 2007 | 06/08/2026 | 5 | 3 | 2,778 | 5,515 | $539,950 | $570,000 | $205 | 1.06 | 9 | 85 |
| 49 Nettle Ct | Oakley | 2006 | 07/15/2026 | 4 | 3 | 2,592 | 5,500 | $748,888 | $750,000 | $289 | 1.00 | 48 | 85 |
| Total: 5 · Average | 4.8 | 3.2 | 2,747.2 | 5,779 | $717,052 | $717,052 | $261.6 | — | 61.6 | ||||
| Median | 2,778 | $729,000 | $729,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.