
Cupertino, California 95014
This property presents a High-Potential Investment Opportunity with a List Price of $1,998,000—positioned well below the $2,071,907 Fair Market Value by 3%. This valuation gap offers $73,907 in Instant Equity. Featuring a Condition Rating of 6, the home is an ideal candidate for a luxury rebuild on its expansive 7,680 sqft lot. Located in a top-tier district with Cupertino High School (9/10), this is a prime Value-Add Investor or Custom Home Builder acquisition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10454 Sterling Boulevard Subject | $1,998,000* List Price | 3 | 2 | 1,127 | $1,838 | - |
A 10600 Gascoigne Drive Sold | $2,300,000 | 3 | 2 | 1,127 | $2,041 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1954 (70 years old) with no evidence of recent renovations. The listing explicitly markets the property as a development opportunity to 'build new' and is sold 'as-is,' indicating the value is primarily in the land.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7680, living area = 1127.
High School: Cupertino High School (9/10).
Situated in the highly sought-after Rancho Rinconada neighborhood, the property offers unparalleled proximity to Apple Park, Main Street Cupertino, and major commute arteries like I-280 and Lawrence Expressway.
The home is being sold in as-is condition and likely requires a complete renovation or teardown, which will necessitate significant additional capital and construction time.
At just 1,127 square feet, the current structure is undersized for the price point, making it less suitable for buyers seeking a move-in-ready residence without immediate upgrades.
Rare opportunity to develop in one of Cupertino's most desirable neighborhoods, Rancho Rinconada. This 3-bedroom, 2-bathroom home offers many possibilities to re-imagine something new. Sold as-is, ideal for buyers looking to renovate, expand, or build new in a top school district: Sedgwick Elementary, Hyde Middle, and Cupertino High (GreatSchools 9/8/9, test scores 10/10/10). Unbeatable location just minutes from Apple, Main Street Cupertino, and Stevens Creek Central Shopping Mall, with easy access to I-280 and Lawrence Expressway putting Google, Kaiser, Santana Row, and Valley Fair all within close reach. Opportunities like this in Rancho Rinconada don't come around often. Buyer to cooperate with seller's 1031 exchange at no cost to buyer.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,127 | 1,858 |
| Lot Size | 7,680 | 7,377.714 |
| Price | $2.00M | $3.29M |
| Price per sq ft | $1.8K | $1.7K |
| Built year | 1954 | 1960 |
| HOA | $0 | $880 |
| Days on market | 28 | 38 |
Aug 12, 2026
$1,998,000
Initial Listing