10621 Madera Drive, Cupertino, California 95014, Cupertino, 95014 - 3 bed, 2 bath
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Cupertino, California 95014
Analysis of 10621 Madera Drive, Cupertino, California 95014 is currently available with a list price of $4,825,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Cupertino Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property is explicitly marketed as a development opportunity for a 2-lot subdivision. The existing structure, built in 1958, is described as being in original condition and is categorized as a teardown. The listing focus and value are entirely based on the land and the approved tentative map for new construction rather than the utility of the current residence.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 33482, living area = 1632.
The property features an approved tentative map for a 2-lot subdivision, significantly reducing entitlement risk and providing a shovel-ready opportunity for developers to build two high-value residences.
Located within the highly coveted Cupertino School District, specifically serving Monta Vista High and Kennedy Middle, which ensures strong long-term property value and high demand from families.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =33482, other record lot size in square feet = 38037.
A portion of the 0.77-acre parcel consists of a scenic hillside extending to Stevens Creek, which limits the net usable flat area and may increase engineering costs for Lot 1.
The existing 1958 structure is in original condition and offers minimal residential value, necessitating a full demolition and significant capital investment to realize the site's highest and best use.
An exceptional development opportunity in a prime Cupertino location for DEVELOPERS & BUILDERS. This expansive 0.77 acre creekside parcel comes with an approved tentative map for a 2-lot subdivision. The property currently includes a single story SFR in original condition. LOT 1 offers a 15,042 SqFt gross lot with 10,427 SqFt of net usable area, extending into a scenic hillside with access down to Stevens Creek. Planning approval is in place for a 2-story, 4,383 SqFt home with 5 beds/4.5 baths, 3-car garage, & a JADU. LOT 2 features a flat 14,135 SqFt lot, ideal for a large custom home & also SB-9 eligible. Conveniently located near Stevens Creek Blvd, Foothill Expwy, & Highways 85/280, the property provides connectivity while remaining tucked into a desirable quiet residential setting within the sought-after Cupertino School District (Monta Vista & Kennedy). The site provides close proximity to Apple Park & Silicon Valley tech companies, making it ideal for both end-users & developers targeting executive-level housing. All design, engineering, surveys, studies, reports and approval documents are available upon request. Buyers to conduct their own due diligence, verification, and confirmation of development potential with the City of Cupertino.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 38% |
| Baths | 2.0 | 3.0 | 36% |
| Square foot | 1,632 | 2,177 | 20% |
| Lot Size | 33,482 | 7,597 | 95% |
| Price | $4.83M | $3.42M | 87% |
| Price per sq ft | $3.0K | $1.5K | 98% |
| Built year | 1958 | 1969 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 78 | 85 | 45% |
Apr 4, 2026
$4,825,000
$5,150,000
-6% Price Drop
Initial Listing
Feb 27, 2026
$5,150,000
$5,490,000
-6% Price Drop
Initial Listing
Feb 3, 2026
$5,490,000
Initial Listing
Jan 22, 2024
$3,150,000
Public Record
Mar 27, 2023
$2,215,000
Public Record