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  • Grand Lake, Oakland

    Why you'd want to live in Grand Lake, Oakland

    Oakland's Grand Lake area has become an exciting focal point for Oakland, from it's close proximity to Oakland's iconic Lake Merritt to the renaissance that is taking place within the adjacent neighborhoods. Grand Lake is a natural gathering place for Oaklanders, where the hills meet the lake. Yes, there is a lake featuring Venetian Gondola rides in the heart of Oakland! It is quite a lively neighborhood with many feet and wheels (two and/or four) passing through, from the runners taking their 3.5 mile loop around Lake Merritt to the coffee seekers visiting Peet’s on Lakeshore, to diners seeking to satisfy their inner gourmand at spots like Penrose, Boot and Shoe, Camino, Shakewell, and Michel Bistro. Don't forget the Grand Lake Theater, a magnificent historic movie theater open since 1929, featuring the famed "Mighty Wurlitzer" Organ, which is played before Friday and Saturday night shows. Retail stores have also joined the ranks with the majority of them flying their independent local colors (Walden Pond Books, Urban Indigo, Ordinaire Wine Shop, Michael Mischer Chocolates, Apothecary, that Shoe Shop, etc.). Fairyland is every young child's delight (and Walt Disney's inspiration) for pint-sized fun from puppet shows, to carousels, and merry-go-round. At the northern tip of beautiful Lake Merritt lies the Splash Pad Park (at Grand Ave and Lake Park Avenue) where you will find one of the finest farmer’s markets in the East Bay. Every Saturday, rain or shine, over 44 local farmers, 30 specialty food suppliers gather and show their best. At this open air market one can find a variety of seasonal fruits and vegetables, meats, cheeses, baked goods and more. Some of the more include flowers, warm breakfast and lunch treats, knife sharpening services to massages. Be it a sunny day or rainy day, there will always be activity in this vibrant and diverse area of Oakland.

    Grand Lake Theater Lake Merritt

    Grand Lake, Oakland Market Report

    $733,038

    AVERAGE PRICE OF 1,960 HOMES

    $1,114,689

    AVERAGE PRICE OF 56 NEWLY BUILT HOMES

    $815,904

    AVERAGE PRICE OF 98 HOMES WITH A POOL

    $1,531,472

    AVERAGE PRICE OF 250 MULTI-MILLION DOLLAR HOMES

    $683,196

    AVERAGE PRICE OF 440 REDUCED PRICE HOMES

    $629,525

    AVERAGE PRICE OF 39 DISTRESSED HOMES

    Average Home

    Average Price $733,038
    Avg Bedrooms 2.78 beds
    Avg Bathrooms 1.84 baths

    Average Price by Bedrooms

    1 bedroom $503,185
    2 bedrooms $589,049
    3 bedrooms $737,681
    4 bedrooms $915,058
    5 bedrooms $1,092,189
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,960 $733,038 63 days
    Newly Built Homes 56 $1,114,689 149 days
    Homes with a Pool 98 $815,904 72 days
    Multi-Million Dollar Homes 250 $1,531,472 57 days
    Reduced Price Homes 440 $683,196 95 days
    Distressed Homes 39 $629,525 152 days