Constructed in the late 1980s as the Emery Bay Club and Apartments, Bridgewater spent its first two decades operating quietly as a rental community in the urban heart of Emeryville. Despite being built with a forward-thinking "condo map," it took until 2007 for the massive six-story complex to begin its transformation into privately owned condominiums. The timing collided with the 2008 financial crisis. Between 2009 and 2011 the project's momentum came to a grinding halt as unsold units were lost to foreclosure. But much like Emeryville itself, Bridgewater mounted a striking comeback. When sales resumed, the complex became a magnet for a new generation of homebuyers seeking an affordable slice of resort-style living near San Francisco, eventually selling out entirely by 2015 and cementing its legacy as one of the city's most resilient real estate success stories.
When the market recovered and sales bounced back, Bridgewater became wildly popular with younger buyers. During its final sales push, over half of the buyers in the 424-unit complex were Millennials (between ages 26 and 33) looking for relatively affordable Bay Area real estate close to San Francisco.
These details come from public records and are approximate while Auguste confirms them. HOA dues, pet rules, and parking change over time, so verify against current HOA documents before writing an offer.
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