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38182 Luma Ter, Newark, CA, 94560

4beds
4baths
2,405sqft
$1,350,000
$561price/sqft
$8,854/moest. monthly cost
$354,160/yrincome needed

About This Home

Step inside a sanctuary of modern luxury. This exceptional 2015-built, 3-story residence offers a masterclass in thoughtful design, spanning a generous 2,405 square feet of sun-drenched living paired with beautiful luxury vinyl plank flooring throughout. Smart additions include solar and an EV charger-ready garage. As you enter the ground floor, a private, sunlit en-suite bedroom greets you—perfect for guests, multi-generational living, or a quiet home office. The main level boasts a seamless flow that beautifully bridges everyday comfort with high-end entertainment. Sweeping ceilings and expansive windows allow the space to fill with incredible natural light all year round. With a total of 4 spacious bedrooms and 3.5 beautifully appointed baths, the home offers an ideal balance of open space and tranquility. Situated in one of Newark's most sought-after neighborhoods, this property pairs pristine, turnkey interiors with unbeatable lifestyle convenience. You’ll enjoy exclusive access to the beautiful, community clubhouse and playground. You are just minutes from esteemed schools like Birch Grove Primary and Newark Memorial High. Walk to local parks for tennis and basketball courts. Plus, daily errands are a breeze with Costco, Lion Market, Madras Grocery, Trinethra Grocery. Enjoy the proximity to Farmers’ Market, AMC Theater, and a vibrant host of local restaurants right at your doorstep. Offered at $1,350,000, this is more than just a house; it’s the backdrop for your next chapter!

Getting Around

48
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

--
Birch Grove PrimaryGrades K-20.4 mi
7/10
6/10

Construction

Condition

  • Property condition: Existing
  • Year built: 2015

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Free-Standing Range,Refrigerator,Dryer,Washer
  • Laundry features: 220 Volt Outlet,Dryer,Laundry Closet,Washer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Breakfast Bar,Counter - Solid Surface
  • Flooring: Vinyl
  • Fireplace features: None
  • Common walls with other units/homes: End Unit

Heating & Cooling

  • Heating features: Zoned,Solar
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,405
  • Total interior livable area: 2,405 sqft

Kitchen

  • Features: Breakfast Bar, Counter - Solid Surface, Dishwasher, Eat-in Kitchen, Kitchen Island, Microwave, Range/Oven Free Standing, Refrigerator

Property

Details

  • Parcel number: 92A259949
  • Special condition: Standard

Features

  • Levels: Three or More Stories
  • Pool features: None
  • Exterior features: Side Yard
  • Has view: Yes
  • View description: Other

Lot

  • Lot size: 2,178 sqft
  • Features: Other

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters in Alameda County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,826$81,912
Home Insurance *$131$1,572
Property Taxes $1,382$16,584
Electricity $515$6,188
Total$8,854$106,248
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$303,565/yr
40% on housing$265,620/yr
45% on housing$236,106/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.0%
2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$561This listing

vs Other Active Listings

Avg $/sqft

ZIP 94560$614
Alameda County$497

vs Homes Sold Last Month

Median $/sqft

ZIP 94560$784
Alameda County$664

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-10Pending sale$1,300,000
2026-08-05Price change$1,300,000
2026-07-07Listed for sale$1,350,000
2015-12-14Sold$877,500

For Sale by Agent

AgentPatricia Ulip
BrokerageRedfin

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