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40374 San Sebastian Pl, Fremont, CA, 94539

4beds
3baths
1,914sqft
$2,388,000
$1,248price/sqft
$15,046/moest. monthly cost
$601,840/yrincome needed

About This Home

Location, Location, Location. Nestled in a tranquil and quiet court location in the highly coveted Gomes neighborhood, this residence is close to award-winning Gomes Elementary and charming Gomes Park. This stunning NW-facing home offers 4 bedrooms and 3 full bathrooms, with one bedroom and one full bathroom downstairs, offering great flexibility. A custom cherry wood front door opens to an elegant tile entryway, leading into a thoughtfully designed interior featuring a formal living room with vaulted ceilings, a formal dining room, and a cozy family room. The kitchen is updated with white solid wood cabinetry, slab granite countertops, a gas Viking stovetop with a high-end vent hood, and serene views from the kitchen. Additional fine interior details include custom hardwood flooring, new interior paint, new recessed lighting, double-pane windows throughout, central heating, fully paid-off solar panels for all electrical, a water softener, a metal roof, a car charger in the garage, an earthquake-safe gas line, and an LG washer. Extremely low PG&E bill because of solar systems. The outside is a true oasis, featuring a sparkling pool with a solar heating system, low-maintenance front and back yards, new exterior paint, and breathtaking views of Mission Peak from the upstairs main bedroom. This property falls under Gomes Elementary, Hopkins Jr High, and Mission San Jose High School attendance area. This home is very close to Lake Elizabeth Central Park with multiple attractions, shops, and local eateries. Easy access to 680 and 880, makes for a convenient commute to Silicon Valley.

Getting Around

47
WalkingCar-Dependent
28
TransitSome Transit
56
BikeBikeable

Schools

9/10
9/10
10/10

Construction

Condition

  • Property condition: Existing
  • Year built: 1968

Materials

  • Roof: Metal
  • Construction materials: Stucco

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Oven,Refrigerator,Self Cleaning Oven,Water Softener,Dryer,Washer
  • Laundry features: Gas Dryer Hookup,Laundry Room

Bathroom

  • Features: Stall Shower

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Formal Dining Room,Breakfast Bar,Pantry
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 1,914
  • Total interior livable area: 1,914 sqft

Kitchen

  • Features: Breakfast Bar,Dishwasher,Eat-in Kitchen,Disposal,Oven Built-in,Pantry,Refrigerator,Self-Cleaning Oven

Property

Details

  • Parcel number: 5253102
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: In Ground,Solar Heat
  • Has view: Yes
  • View description: Hills

Lot

  • Lot size: 6,305 sqft
  • Features: Cul-De-Sac,Level,Back Yard,Front Yard

Parking

  • Total spaces: 2
  • Parking features: Attached,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
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave

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 $12,075$144,900
Home Insurance *$190$2,280
Property Taxes $2,371$28,452
Electricity $410$4,925
Total$15,046$180,552
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$515,862/yr
40% on housing$451,380/yr
45% on housing$401,226/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

$1,248This listing

vs Other Active Listings

Avg $/sqft

ZIP 94539$807
Alameda County$497

vs Homes Sold Last Month

Median $/sqft

ZIP 94539$1,202
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
2026-08-04Pending sale$2,388,000
2026-07-18Listed for sale$2,388,000
2006-10-03Sold$1,050,000
2003-05-17Sold$700,000

For Sale by Agent

AgentJoe Schembri
BrokerageColdwell Banker Realty

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