10534 Sterling Boulevard, Cupertino, California 95014, Cupertino, 95014 - 3 bed, 2 bath
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Cupertino, California 95014
This property presents a Strong Value Opportunity with a List Price of $2,998,000—positioned well below the $3,317,118 Fair Market Value by 9%. This valuation gap offers $319,118 in Instant Equity. Featuring a Condition Rating of 5, the home requires significant renovation, yet the expansive 11,169 sqft lot and proximity to Cupertino High School (9/10) provide immense upside. This is a prime acquisition for Value-Add Investors or Owner-Occupants seeking to build a custom estate in a premier Silicon Valley location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10534 Sterling Boulevard Subject | $2,998,000* List Price | 3 | 2 | 1,622 | $2,045 | - |
A 10176 S Tantau Avenue Sold | $3,128,000 | 3 | 2 | 1,556 | $2,010 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954 (70 years old), this property is significantly past its prime with dated systems and finishes. The listing description emphasizes the lot value and the opportunity to 'create a spectacular custom home,' indicating the existing structure requires a total rehab or replacement to meet the standards of the neighborhood.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11169, living area = 1622.
High School: Cupertino High School (9/10).
Situated in the prestigious Rancho Rinconada neighborhood, the property offers access to top-rated Cupertino schools and is minutes away from Apple Park and major Silicon Valley employers.
Built in 1954, the existing home likely requires extensive renovation or a complete teardown to meet modern luxury standards, necessitating a significant additional capital investment.
With a list price near $3 million for a property marketed primarily for its land value, the high entry point may limit the pool of buyers who also have the budget for major construction.
Exceptional opportunity in the heart of Rancho Rinconada! Set on an expansive 11,169 sqft. lot surrounded by luxury residences. This property offers a rare chance to renovate, expand, or create a spectacular custom home in one of Cupertino's most desirable neighborhoods. The backyard has a multitude of fruit trees and a peaceful creek that creates a natural buffer and enhances the sense of seclusion. Enjoy award-winning Cupertino schools, tree-lined streets, neighborhood parks, and convenient access to Main Street Cupertino, Apple Park, major Silicon Valley employers, and commuter routes.
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 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,622 | 2,288 |
| Lot Size | 11,169 | 6,830 |
| Price | $3.00M | $3.54M |
| Price per sq ft | $1.8K | $1.6K |
| Built year | 1954 | 1958 |
| HOA | $0 | $0 |
| Days on market | 23 | 31 |
Jun 29, 2026
$2,998,000
Initial Listing
Sep 4, 2009
$715,000
Public Record
Jul 20, 2005
$860,000
Public Record
Feb 14, 2005
$751,000
Public Record
Feb 12, 2003
$515,000
Public Record