URGENT UPDATE: A single-family home in Fremont has just been sold for $1.9 million, marking a significant transaction in the local real estate market. The property, located at 40920 Valero Drive, was sold on May 29, 2025, for an impressive $1,200 per square foot.
This spacious 1,583-square-foot residence, originally built in 1971, features a well-designed layout with four bedrooms and two bathrooms. The property’s overall lot size is 4,932 square feet, providing ample outdoor space for potential buyers.
The sale comes amid a flurry of activity in the Fremont housing market. Nearby, a 1,374-square-foot home on Abaca Way sold for $1,655,000 in December 2023. This property, which offers 3 bedrooms and 2 bathrooms, had a price per square foot of $1,205.
The Valero Drive area has witnessed significant sales as well. Just last year, a comparable 1,583-square-foot home on the same block sold for $1,750,000 in June 2023, indicating a robust appreciation in property values. In October 2022, another 1,389-square-foot home in the vicinity sold for $1,600,000, demonstrating a consistent upward trend in the housing market.
As the demand for homes in this desirable location increases, potential buyers and investors are keenly watching the market. The latest sale highlights the growing interest in Fremont’s real estate, making it a focal point for both local and out-of-state buyers.
With real estate transactions continuing to surge, this sale is just one of many developments that illustrate the dynamic nature of the Fremont housing market. Homebuyers are urged to act quickly as prices are expected to rise further in the coming months.
Stay tuned for more updates on this evolving story as we track the latest trends and developments in the real estate market.