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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

    $778,772

    AVERAGE PRICE OF 805 HOMES

    $1,216,003

    AVERAGE PRICE OF 31 NEWLY BUILT HOMES

    $787,658

    AVERAGE PRICE OF 40 HOMES WITH A POOL

    $1,554,766

    AVERAGE PRICE OF 123 MULTI-MILLION DOLLAR HOMES

    $773,770

    AVERAGE PRICE OF 127 REDUCED PRICE HOMES

    $570,119

    AVERAGE PRICE OF 20 DISTRESSED HOMES

    Average Home

    Average Price $778,772
    Avg Bedrooms 2.83 beds
    Avg Bathrooms 1.89 baths

    Average Price by Bedrooms

    1 bedroom $509,338
    2 bedrooms $582,818
    3 bedrooms $730,008
    4 bedrooms $1,018,440
    5 bedrooms $1,180,769
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 805 $778,772 55 days
    Newly Built Homes 31 $1,216,003 175 days
    Homes with a Pool 40 $787,658 71 days
    Multi-Million Dollar Homes 123 $1,554,766 46 days
    Reduced Price Homes 127 $773,770 83 days
    Distressed Homes 20 $570,119 154 days