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5883 Margarido Dr, Oakland, CA, 94618

5beds
6baths
5,542sqft
$3,995,000
$721price/sqft
$24,630/moest. monthly cost
$985,200/yrincome needed

About This Home

Modern elegance meets everyday luxury in this stunning new construction home in Upper Rockridge. This residence features four en-suite bedrooms, a versatile bonus room, and seamless indoor-outdoor living spaces on every floor. The chef's kitchen is equipped with a grand eat-in island, custom cabinetry, and premium Wolf and Gaggenau appliances. Additional highlights include elevator access, a built-in BBQ, and a beautifully curated exterior featuring low-maintenance landscaping and a living wall. The property also includes a sleek, private-entry one-bedroom, one-bathroom ADU, perfect for guests or rental income.

Getting Around

67
WalkingSomewhat Walkable
55
TransitGood Transit
60
BikeBikeable

Schools

9/10
Chabot Elementary SchoolGrades K-50.4 mi
9/10
Claremont Middle SchoolGrades 6-80.5 mi
8/10

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2025

Materials

  • Foundation: Concrete
  • Roof: Composition
  • Construction materials: Stucco,Wood Siding,Glass,Siding - Other

Other

  • Builder name: RC GROUP

Type & Style

  • Home type: SingleFamily
  • Architectural style: Modern/High Tech
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Gas Range,Oven,Range,Refrigerator,Dryer,Washer,Tankless Water Heater
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Partial

Bathroom

  • Features: Shower Over Tub,Solid Surface,Stall Shower,Stone,Window,Tile,Tub,Multiple Shower Heads,Sitting Area

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 5
  • Partial bathrooms: 1

Features

  • Formal Dining Room,Pantry,Central Vacuum
  • Door features: Mirrored Closet Door(s)
  • Window features: Double Pane Windows,Screens
  • Flooring: Tile,Engineered Wood
  • Number of fireplaces: 4
  • Fireplace features: Dining Room,Family Room,Gas Starter,Master Bedroom,Double Sided,Other
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Baseboard,Radiant
  • Cooling features: None

Interior Area

  • Total structure area: 5,542
  • Total interior livable area: 5,542 sqft

Kitchen

  • Features: 220 Volt Outlet,Stone Counters,Dishwasher,Eat-in Kitchen,Gas Range/Cooktop,Kitchen Island,Oven Built-in,Pantry,Range/Oven Built-in,Refrigerator,Other

Property

Details

  • Parcel number: 48A71126
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 3
  • Pool features: None
  • Patio & porch: Deck
  • Exterior features: Other,Entry Gate,Low Maintenance
  • Fencing: Fenced
  • Has view: Yes
  • View description: City Lights

Lot

  • Lot size: 6,534 sqft
  • Features: Sloped Down,Landscaped,Paved,Front Yard,Side Yard

Parking

  • Total spaces: 3
  • Parking features: Attached,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Landslide

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 $20,200$242,400
Home Insurance *$712$8,544
Property Taxes $2,530$30,360
Electricity $1,188$14,260
Total$24,630$295,560
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$844,457/yr
40% on housing$738,900/yr
45% on housing$656,800/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

$721This listing

vs Other Active Listings

Avg $/sqft

ZIP 94618$489
Alameda County$497

vs Homes Sold Last Month

Median $/sqft

ZIP 94618$721
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)

Price History

DateEventPrice
2026-03-11Listed for sale$4,250,000
2025-11-30Listing removed$4,740,000
2025-10-16Price change$4,740,000
2025-09-18Listed for sale$4,739,999
2025-09-18Listing removed$4,739,999
2025-07-24Price change$4,739,999
2025-05-16Listed for sale$4,950,000
2025-05-13Listing removed$5,750,000
2025-02-22Listed for sale$5,750,000
2021-03-30Sold$901,375
2021-03-17Pending sale$949,000
2021-02-26Listed for sale$949,000

New Construction

AgentMahsa Sohi
BrokerageAltas Realty

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