1001/3838 Development Terrace

Fremont CA 94538

1273 sq. ft.

Townhouse

Last sold for $1,051,000

Gabriel Heredia, last sold this property on 29 January 2026 after 63 days on market.

Overview

Built in 2020 and presenting like new, this upgraded 2-bedroom, 2.5-bath townhome in Fremont’s Innovation community offers modern finishes and outstanding convenience. The bright main living area features large windows, recessed lighting, and an open layout connecting the living, dining, and kitchen spaces. The kitchen includes quartz countertops, a large island, soft-close cabinetry, stainless steel appliances, and designer pendant lights. A private balcony extends the living space. Both bedrooms function as suites, with the primary offering a walk-in closet, accent wall, and an upgraded bath with dual vanities and a walk-in shower. The secondary suite includes its own full bath, ideal for guests or flexible use. Additional highlights include upgraded flooring, dual-pane windows, dual-zone heating and cooling, EV-ready charging in the garage, in-unit laundry, and an attached garage. The home is steps from Innovation’s resort-style amenities, including pools, cabanas, fitness center, clubhouse, fire pits, and outdoor dining areas. Lila Bringhurst Elementary is located approximately 0.1 miles away, adding exceptional neighborhood convenience. Close to Warm Springs BART, Tesla, Pacific Commons, and major commuter routes, this home blends comfort and accessibility.

Features

2 bedrooms

3 bathrooms

2 carspaces

2 garage spaces

1273 sq. ft. floor area

1273 sq. ft. lot size

Townhouse

Estimated Value

Based on this property and similar 2 bedroom townhouses sold in Fremont over the last 12 months, the estimated median property value of 1001/3838 Development Terrace is $950k.

Median value

$950k

Estimated value range

$625k - $1.18m

Median days on market

Estimated value trend

-2%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Fremont. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.