2853 Regatta Dr
Higher is a better buy. 50 is "priced about right for what it is". The last step curves the raw advantage onto 0–100, so points stop being one-for-one at the extremes.
💵What this unit actually costs per month
28% of that payment is not the mortgage. The HOA fee alone is $33,900 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $4,216.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($33,495). Common for small associations and not a defect on its own, but it does remove FHA buyers from your resale pool.
Minimum realistic down payment here: 5% · verify on HUD's lookup
Rate is the Freddie Mac PMMS 30-year average for the week of 2026-08-20 — a national survey figure, not a quote. Tax, insurance and closing costs are estimates; your own Loan Estimate is the real number.
This building's HOA fees
We haven't reconstructed a multi-year fee history for this building yet. We have one recorded fee on file ($565 in 2026), not enough for a trend yet. The listing shows $565/mo today. Upload its HOA docs and we'll build the full reserve & special-assessment report — free.
🏢 Get this building's free HOA report →✅ Positives
- 22% below model fair value
- In-unit W/D
- Garage parking
- Low HOA (1%/yr)
⚠️ Cons
- HOA $565/mo
- Photos look dim — verify light in person
🚩 Red flags
Photos
Price history (this unit)
- Aug 10, 2026 — Listed $669,900
Description
A rare waterfront home with stunning estuary views! This lovely 3-bedroom, 2.5-bath townhome offers nearly 2,000 sqft of generous living space, thoughtfully designed with soaring ceilings, abundant natural light, and modern amenities. Nestled along the serene Oakland/Alameda Estuary, 2853 Regatta Drive offers plenty of room to relax, entertain, work from home, and make your own. The primary suite is a peaceful sanctuary, complete with a spacious bath featuring dual vanities, a soaking tub, separate shower, and walk-in closet. The versatile landing provides additional space for a sitting area, home office, or play space. A dedicated laundry room with extensive built-in cabinetry and counter s