1049 Lucot Way, Campbell, California 95008, Campbell, 95008 - 3 bed, 2 bath
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Campbell, California 95008
This Single-Family Residence represents a Strong Value Opportunity, listed at $2,298,000—positioned well below the $2,425,950 Fair Market Value by 5%. This valuation gap offers $127,950 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes a modern kitchen, crown molding, and a massive 12,800 sqft lot. Located near top-rated schools like Westmont High, this property is an ideal acquisition for Owner-Occupants seeking a lifestyle sanctuary or Buy-and-Hold Investors prioritizing land value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1049 Lucot Way Subject | $2,298,000* List Price | 3 | 2 | 1,520 | $1,596 | - |
A 953 Kenneth Avenue Active | $2,399,888 List Price | 3 | 2 | 1,454 | $1,651 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1948, the property has undergone significant renovations likely within the last 5-15 years. The kitchen features modern stainless steel appliances, stone countertops, and updated cabinetry. Interior finishes including recessed lighting, crown molding, and hardwood floors indicate a well-maintained, move-in ready condition consistent with the 'Good' criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12800, living area = 1520.
The massive 12,800 sqft lot is a rare find in Campbell, featuring a greenhouse, chicken coop, fruit trees, and a children's playhouse, offering exceptional space for recreation and potential expansion.
Situated on a quiet court near Jack Fischer Park and the Los Gatos border, the property provides a peaceful, low-traffic environment within walking distance to top-rated schools and the Los Gatos Creek Trail.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1520, other record living area = 1040. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1948, the property may have aging infrastructure or systems that require more frequent maintenance or upgrades compared to newer residential developments.
At a list price of $2.298M for 1,520 square feet of living space, the valuation is heavily weighted toward the land value, which may challenge buyers prioritizing interior square footage.
Welcome to a single-story home with huge lot on quiet cul-de-sac near Los Gatos. Open kitchen with beautiful countertops, stainless steel appliances and gas cooktop. Crown molding and recessed lighting. The primary suite includes a walk-in closet, ensuite bathroom and sliding glass door to the exceptional backyard. Inside laundry. All three bedrooms are spacious.Great natural light throughout. Massive backyard with patios, fruit trees, large lawn, green house, chicken coop, childrens play house and fantastic room for kids and pets to play. Nestled on one of Campbells nicest courts. Near Jack Fischer Park, Los Gatos creek trail, Bay Club Courtside, downtown Campbell, Campbell Community Center, Harker, Village Clementary, downtown Los Gatos, Highway 85, Highway 17/880, San Tomas expressway and Lawrence expressway. Great schools within walking or biking distance: Westmont High, Rolling Hills Middle, and Capri Elementary.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 37% |
| Baths | 2.0 | 3.0 | 41% |
| Square foot | 1,520 | 1,887 | 33% |
| Lot Size | 12,800 | 8,100 | 93% |
| Price | $2.30M | $2.30M | 50% |
| Price per sq ft | $1.5K | $1.2K | 70% |
| Built year | 1948 | 1962 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 99 | 4% |
May 20, 2026
$2,298,000
Initial Listing
Jun 1, 2016
$1,307,500
Public Record
Sep 30, 2014
$1,150,000
Public Record
Jan 6, 2004
$625,000
Public Record
Jun 19, 1998
$390,000
Public Record