$549,999 38623 Cherry LN 123, Fremont 2 bd · 2 ba · 938 sqft
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HomeHomes for SaleFremont › 38623 Cherry LN 123
24 photos · MLS data verified July 18, 2026 · Updated every 15 min
$549,999 Active
2 Beds·2 Baths·938 sqft·N/A sqft lot·Built 1974
38623 Cherry LN 123, Fremont, CA 94536
Listed 31 days ago · June 17, 2026  |  MLS# ML82051412
$586/sqft -28% vs Fremont avg
What this means: Priced below the Fremont per-sqft average. Compare to recent sales below for context.
Est. $4,271/moP&I $2,854 · Tax $573 · Insurance $262 · HOA $582Assumes 20% down ($110,000) at 6.75% · Contact Timothy for a lender referralAegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
Townhome Price Position in Fremont
Average $1.1M
Below typical range
$785K$1.4M
118Active in Fremont
43Active in 94536
21Avg DOM
$816Avg $/SqFt
101.2%Sale-to-List
2.3 moInventory
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Why This Home Stands Out

📍
Fremont Location
Active listing in Fremont, Santa Clara County. Convenient access to schools, parks, and Bay Area employment centers.
🏠
2 Bed / 2 Bath / 938 sqft on N/A sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
💰
Listed at $549K vs City Average $1.3M
$586/sqft compared to Fremont avg $816/sqft (-28.1%).
Best fit forActive BuyersFremont SearchersMove-Up / Move-In

About This Home

***Price Reduced by ~50K**** Charming Upgraded Townhome with Stunning Mountain Views Perfectly designed for a small-to-medium-sized family, this beautifully remodeled 2-bedroom, 1.5-bathroom home offers the ideal blend of modern upgrades and vibrant community living. Home Features & Upgrades East-facing orientation bathes the home in morning sun and evening light. Features fresh paint and new dimmable lighting. Modern Touches: Brand-new door handles and hardware throughout. Updated kitchen with premium materials and a brand-new refrigerator, plus beautifully upgraded bathrooms. Peace of Mind & Convenience Major upgrades are complete, including an 8-year-old roof and new copper plumbing installed 3 years ago. Parking: A dedicated carport is located right in front of the unit, with plenty of guest parking steps away. Community & Location Nestled in a desirable, kid-friendly neighborhood with lush green walkways and views of the Mission Hills. Amenities: Access to a swimming pool, hot tub, and clubhouse. Proximity: Just 5 minutes from the Fremont BART station, Kaiser Permanente, and Washington Hospital. Recreation: Bike-friendly area with easy access to Lake Elizabeth's scenic walks, playgrounds, and sports fields. NOTE: Some of the photos are virtually staged
MLSListings IDX
MLS ID #ML82051412, Rakesh Dangar. Listing provided by Mikasa Homes & Funding · MLSListings Inc.
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Property Details

Property Type
Townhouse
Year Built
1974
Bedrooms
2
Bathrooms
1 Full, 1 Half
Living Area
938 sqft
Lot Size
N/A sqft
Garage
1 Spaces
Price/sqft
$586
County
Alameda
MLS Number
ML82051412
Status
Active
Stories
N/A
HOA
$582/mo

Interior Features

NoHeating

Exterior & Lot

Shingle Roof1-Car GaragePool

Location

This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold
38623 Cherry LN 123, Fremont, CA 94536 · Alameda County

Market Context

Price Positioning
$ Price context: Listed at $586/sqft vs Fremont avg $816/sqft (28.1% below).
$ Sale-to-list: Fremont homes selling at 101.2% of asking.
Velocity: City avg 21 days. This home: 31 days.
🏠 Inventory: 28 2-bedroom homes currently available in Fremont.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
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Timothy Alston
Broker · Over 23 Years Experience

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Market Snapshot

$1,336,485Average Price+9.4% vs Last Year
21Avg DOM-38.2 days vs Last Year
118Active Listings+151.1% vs Last Year
101.2%Sale-to-List+1.6% vs Last Year
Full Market Snapshot →
Timothy Alston
Timothy Alston
Broker · DRE# 01328224
Aegis Luxury Real Estate
(408) 207-4593[email protected]
For Homeowners

What would your Fremont home sell for today?

Homes in Fremont are selling at 101.2% of asking in 21 days.

101.2%Sale-to-List
21Avg Days
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More in Fremont

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37409 Currant TER$907,2942bd/2.5ba/1,165sf
45168 Tom Blalock ST 208$1,225,0003bd/3ba/1,884sf
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Buyers and sellers researching Fremont_1 in Fremont will find 38623 Cherry LN 123 to be a strong reference point. Listed at $549,999, this 2-bed, 2-bath home sits in a market where comparable properties average $816 per square foot. Homes in Fremont (94536) are currently averaging 21 days on market.

2-Bedroom Homes for Sale in Fremont 94536

Browse 2-bedroom townhouse listings in the Fremont_1 area of Fremont. Properties in 94536 are currently averaging $816 per square foot with 21 days on market.

What to Expect When Buying in Fremont_1

The Fremont_1 market in Fremont features a mix of townhouse properties ranging from starter homes to luxury estates. Current inventory levels suggest active conditions for buyers in this area.

Recently Sold in Fremont

Closed within 6 months · 2 bed / similar sqft · Fremont 94536

1323 Ocaso Camino
Sold $1,520,000
2 bd · 2.5 ba · 2,213 sqft
$686/sqft · +8.6% above list
Closed Jul 14, 2026 · 11 days on market
MLSListings IDXMLS ID #ML82050703, Brent Mardesich. Listing provided by RE/MAX Santa Clara Valley · MLSListings Inc.
3625 Oxford CMN
Sold $650,000
2 bd · 1 ba · 900 sqft
$722/sqft · 5.6% below list
Closed Jul 13, 2026 · 16 days on market
MLSListings IDXMLS ID #ML82049710, Courtney Harrington. Listing provided by EQ1 · MLSListings Inc.
37915 Essanay PL
Sold $855,000
2 bd · 2 ba · 891 sqft
$959/sqft · +6.9% above list
Closed Jul 09, 2026 · 15 days on market
MLSListings IDXMLS ID #ML82048106, Yuan Yue. Listing provided by Goodview Financial & Real Estate · MLSListings Inc.
Source: MLSListings Inc. Closed sales data.
For Homeowners

Your neighbors are selling. Should you?

In June 2026, 52 homes sold in Fremont at an average of $1,668,832. The average sale closed at 101.2% of asking price.

52Sold (June 2026)
$1,668,832Average Sale Price
101.2%Sale-to-List
Timothy
What happens when the right home lists and nobody knows you are looking for it?
In Fremont, Data pending new listings hit the MLS this week. By the time most search sites update, the window has already narrowed.
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Nearby Fremont Homes for Sale View All 112 →

Similar 2-Bedroom Homes in Fremont View All 28 →

2 bed · $412K-$687K · Active in Fremont

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Fremont Market Overview Full Stats →

$1,668,832Avg Sale Price+9.4% vs Last Year
21Avg DOM-38.2% vs Last Year
118Active Listings
101.2%Sale-to-List
$816Price/sqft
2.3Months Inventory
52Closed (Last Mo)
Data pendingNew Listings/Mo
Source: MLSListings Inc. · July 2026

Frequently Asked Questions

Listed at $549,999 ($586/sqft). Fremont avg is $816/sqft, placing this 28.1% below. Comparable recent sales help frame the value.
Listed 31 days (as of June 17, 2026). Fremont average is 21 days.
Est. $4,271/mo with 20% down ($110,000) at 6.75%. Includes principal & interest ($2,854), property tax ($573), and insurance ($262). HOA: $582/mo. Aegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
There are 118 active listings in Fremont (28 are 2-bedroom). At $549,999 this is positioned against the city average of $1,336,485. Similar homes have sold at 101.2% of asking.
2-bedroom homes in Fremont (94536) are currently averaging $816 per square foot. Market activity shows homes spending an average of 21 days on market in this area.
38623 Cherry LN 123 in Fremont is currently listed at $549,999. This 2-bedroom, 2-bathroom townhouse is located in the Fremont_1 area.

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Property Information © 2026 MLSListings Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than Aegis Luxury Real Estate are marked with the Internet Data Exchange icon (a stylized house) and detailed information about them includes the names of the listing brokers and listing agents.

Based on information from the MLSListings MLS as of Jul 18, 2026 11:15 PM PT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

These statistics are generated using information from the MLSListings Inc. multiple listing service, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.

Data updated every 15 minutes. Visit www.MLSListings.com for more information.

Information provided is for general informational purposes only. Equal Housing Opportunity. If you are currently working with a real estate agent, this is not intended as a solicitation.

Timothy Alston, Broker, DRE# 01328224, Aegis Luxury Real Estate, 10080 N. Wolfe Rd Ste SW3-200, Cupertino CA 95014. (408) 207-4593.

Last updated: Jul 18, 2026 11:15 PM PT | Source: MLSListings Inc.

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