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2948 Pine Ave, Berkeley, CA 94705

$1.75M3bd · 2ba · 1,312 sqft
Lot 4,320 sqft•Single Family Residence•
Active
•7d on market•MLS# 00-41152367

Property Description

Discover the vintage charm and versatility of 2948 Pine Ave, Berkeley, CA 94705. This inviting property features a unique second-floor retreat with a multi-use room, a half bath, and a dedicated living/entertainment area, offering a comfortable space to relax or host guests. Unwind and recharge in the custom outdoor sauna, adding a distinctive wellness-inspired touch to the property. Entertain guests and family alike on the outdoor deck or back yard. Tandem parking accommodates two cars, providing added convenience. Enjoy the opportunity to make this special property your own, with convenient access to local shops, dining, parks, and all that Berkeley and the East Bay have to offer. Home Energy Score of 5. Both the buyer and seller submit a $2,500 Resilience Upgrade Deposit to escrow, which will get sent to the city at close of escrow. Buyer completes upgrades (maximum 2-3 years). Buyer submits application and $150 submittal fee for a Compliance Certificate. Buyer receives Compliance Certificate and submits BESO Refund Claim Form to receive $5,000 refund.

Features & Amenities

FeeBuilt 1907

Property Details

Land Type
Fee
Year Built
1907
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Forced Air
Cooling
Wall/Window Unit(s)
Flooring
Wood
Roof
Shingle
City
Berkeley
Zip Code
94705
County
Alameda
Listed byRedfin, Patricia Ulip

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$8,848.95
Principal & Interest
Loan Amount
$1,400,000
Total Interest
$1,785,623
Total Payment Over 30 Years
$3,185,623
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

2948 Pine Ave, Berkeley, CA 94705

Berkeley · Single Family Residence

$1.75M
Luxury Tier
Beds
3
Baths
2
Sqft
1,312
Lot
4,320 sqft
Year
1907
$/Sqft
$1334
Pool: No✓

Listed 6.9% below the median closed sale of $1,880,000. Price per sqft ($1,334) is a 14% premium to closed comps ($1,172). Closed comps sold at 126% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $1.75M· $1,334/sqft
Total list price
Closed comps
vs closed median $1.88M
−$130K (−6.9%)
Active comps
vs active median $1.65M
+$100K (+6.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $876
+$458 (+52.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2153 Oregon StreetBerkeley1904421,7763,150$898$1.59M2473
1521 StuartBerkeley2026431,9023,192$972$1.85M459
4440 Howe StOakland1896431,9273,275$880$1.70M7158
2403 Cedar StBerkeley1926422,1804,750$729$1.59M10358
1328 Grand AvenuePiedmont1924321,8345,800$900$1.65M853
Total: 5 · Average3.82.41,923.84,033.4$875.8$1.68M42
Median1,902$1.65M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3027 Regent StBerkeley192310/07/2026321,5625,168$1.50M$1.88M$1,2041.262984
5981 Chabolyn TerOakland192510/30/2026321,5105,809$1.40M$1.95M$1,2911.403683
6720 MANOR CRESTOakland192506/12/2026221,5305,150$1.18M$1.60M$1,0461.364582
6401 Benvenue AvenueOakland201107/22/2026331,5371,805$1.73M$1.68M$1,0900.975673
3023 Bateman StBerkeley202604/30/2026331,5891,600$1.50M$1.95M$1,2271.302971
Total: 5 · Average2.82.41,545.63,906.4$1.81M$1.81M$1,171.6—39
Median1,537$1.88M$1.88M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.