10350 Mann Drive, Cupertino, California 95014, Cupertino, 95014 - 3 bed, 2 bath

10350 Mann Drive, Cupertino, California 95014 home-pic-0
ACTIVE$3,168,888
10350 Mann Drive, Cupertino, California 95014
3Beds
2Baths
1,584Sqft
11,102Lot
Year Built
1956
Close
-
List price
$3.17M
Original List price
$3.17M
Price/Sqft
$2,001
HOA
-
Days on market
-
Sold On
-
MLS number
ML82005887
Home ConditionTear down
Features
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 8% below the list price. We found 3 Cons,6 Pros. Rank: price - $3.17M(29th), sqft - 1584(14th), beds - 3(29th), baths - 2(24th).

Nestled in Cupertino's prestigious Monta Vista neighborhood is this very rare opportunity for remodeling and/or redevelopment. First time on the market in 55 years! This sprawling 1/4+ acre lot served by top-rated Cupertino schools is crowned by the canopy of a majestic heritage oak tree cluster. The existing single level home's efficient layout is perfect to move into (or rent out) while you design your dream home. The expansive, private backyard (with no homes directly behind) has a serene backdrop of additional heritage oaks to create a picturesque and tranquil retreat. The enormous lot provides endless possibilities. Maybe expand the existing home by adding a 2nd story and/or increasing its current footprint? Perhaps start over with a brand new 4,078 SF home plus a 797 SF ADU & pool? This specific concept is currently being built (on a smaller lot) right up the street at 10092 Mann Drive! Maybe you'd prefer a much larger stand alone residence with plenty of outdoor entertaining spaces & amenities like an outdoor kitchen, BBQ, pizza oven, fire pit & bocce ball court... why not? Let your imagination run wild! Ideally located near schools, shopping & popular restaurants with easy access to Highways 85 and 280, enjoy effortless commuting to the entire Bay Area and beyond.

Condition Rating
Tear down

Built in 1956 and on the market for the first time in 55 years, this property's interior is extremely dated, consistent with a lack of major renovations for decades. The kitchen features original-style light wood cabinets, tile countertops, and older appliances. Bathrooms also exhibit outdated vanities, fixtures, and tile. While the home is described as 'perfect to move into (or rent out),' the listing explicitly markets it as a 'remodeling and/or redevelopment' opportunity, suggesting buyers 'start over with a brand new home.' This indicates the property's value is primarily in its large lot and location, with the existing structure being a candidate for demolition or a full gut renovation rather than minor updates, aligning with the 'Tear-down' criteria where value is based solely on land and redevelopment potential.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11102, living area = 1584.
Prime Location & Schools: Nestled in Cupertino's prestigious Monta Vista neighborhood, the property benefits from top-rated Cupertino schools and convenient access to amenities and major highways.
Expansive Lot Size & Privacy: A sprawling 1/4+ acre (11,102 sqft) lot offers significant space and an expansive, private backyard with no homes directly behind, providing a tranquil retreat.
High Redevelopment Potential: This is a rare opportunity for extensive remodeling, expansion (e.g., adding a 2nd story), or complete redevelopment into a much larger residence, with similar projects successfully underway nearby.
Long-Term Investment Value: Being on the market for the first time in 55 years, this property represents a stable, long-held asset with substantial potential for appreciation through strategic development.
Interim Livability/Rental Potential: The existing single-level home features an efficient layout, making it suitable for immediate occupancy or rental income while future development plans are being designed.

Cons

Age and Condition of Existing Structure: Built in 1956, the current home is older and likely requires significant investment for modernization or a complete rebuild to align with contemporary standards and maximize the lot's potential.
Relatively Small Existing Home: The current 1,584 sqft home is modest in size relative to the large lot and prestigious neighborhood, which may necessitate immediate renovation or redevelopment for many buyers.
Listing Price Above Estimated Value: The property is listed at approximately $3.17M, which is 8% above its estimated value of $2.91M, indicating a premium for the land and development potential, potentially impacting immediate equity.

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