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Neighbor News

Waterfront Condominiums 15 Minutes from San Francisco starting at $300,000

A sprawling new community with attainable housing keeps home buyers in the Bay Area with a commute under 30 minutes from San Francisco

According to new data out from real estate information site Redfin, almost 20 percent of the region's prospective home buyers are eyeing residences outside the region. While potential homebuyers feel the squeeze of the San Francisco Bay Area’s sky-high real estate prices and the cost of rental housing in surrounding San Francisco, Marin, Berkeley, and Oakland continues to climb. Redfin chief economist, said in a statement, “Even a Bay Area family with two solid incomes can struggle to afford a modest home. For many, the only path to homeownership is to pack up and move out.” The Cove at Marina Bay makes Bay Area homeownership attainable. The Cove is a 151-residence, coastal development enhanced by breathtaking views of the San Francisco skyline and acres of open space, perfect for hiking, dog walking, and exploring. Residences are priced from the $300,000s.

The Cove’s one- and two-bedroom homes run approximately 750 to 1,000 square feet and feature patios and decks, open floor plans, covered parking with additional spaces for guests, and classic wood-burning fireplaces in select homes. The interiors blend coastal influences with refined modern finishes and feature upgraded kitchens, bathrooms, and laundry rooms with sleek fixtures and appliances and modern quartz countertops. Interiors can be easily customized by The Cove’s onsite design department.

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The gated-community is a 15-minute drive from San Francisco and built alongside a boating marina and popular local upscale restaurant, Salute E Vita Ristorante. Commuter ferry service to San Francisco is within a few minutes walking distance. The grounds of The Cove feature beautifully landscaped outdoor community living spaces with tree-lined walking paths and marina views. Homeowners benefit from the large resort-style pool and spa, a community clubhouse, and fully-equipped, club-style fitness studio with the latest in strength training and cardio equipment. In close proximity to the community are public parks, tennis courts and recreational spaces including The Bay Trail that stretches along the San Francisco Bay from Emeryville to Richmond, and popular Point Isabel Dog Park. Additionally, a mere half-mile away along the bay trail is the Craneway Pavilion, a world-class event, concert and production facility, where the Oakland Symphony performs.

“The area is a hidden gem in the East Bay. It’s experiencing a great resurgence, with an influx of new residents, employers, and a bustling wine, dining and entertainment hub,” said Oz Erickson, chairman of the Emerald Fund. “There is nowhere else in the Bay that offers stylish waterfront living for such an attainable price. And, with the new ferry, it’s faster to get to downtown San Francisco from Marina Bay than it is from most places in San Francisco itself and you get to live in a beautiful bayside home for a fraction of the cost.”

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“We were living in El Cerrito and wanted to buy a home, but stay close to our jobs in the East Bay and San Francisco. We love that living in Marina Bay makes commuting easy,” said neighboring homeowner, Melissa De La Mora. “Once we are home, we get to enjoy the pools and gym, the Bay Trail for walking our dog and exercising, and the nearby parks with our son. The interior of our condo is beautiful, and we loved being able to customize the finishes to make it our dream home.”

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