1065 Lancer Drive, San Jose, California 95129, San Jose, 95129 - 3 bed, 2 bath
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San Jose, California 95129
This Single Family Residence is a High-Potential Investment Opportunity, listed at $2,188,000—positioned above the $2,122,520 Fair Market Value by -3%. While the home carries a Condition Rating of 4, requiring interior cosmetic updates, it offers significant long-term value through its Lynbrook High School zoning and prime Silicon Valley location. Featuring a pool and a large lot, the property provides rare expansion potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build equity in a premier neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1065 Lancer Drive Subject | $2,188,000* List Price | 3 | 2 | 1,133 | $1,873 | - |
A 1351 Kintyre Way Sold | $2,638,000 | 3 | 2 | 1,300 | $2,029 | 0.6 mi |
B 1018 Lancer Drive Active | $2,598,000 List Price | 3 | 2 | 1,133 | $2,293 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the home is well-maintained with a newer metal roof and dual-pane windows, the interior is significantly dated. The kitchen features older tile countertops and cabinetry, and the presence of acoustic tile ceilings and older finishes indicates the property is over 20 years since its last major interior renovation, requiring cosmetic and functional updates.
The property is zoned for the highly sought-after Lynbrook High School, a premier educational institution that significantly bolsters long-term property value and buyer demand.
Situated minutes from major tech hubs like Apple and Nvidia with easy access to Highways 280 and 85, this home offers an ideal commute for industry professionals.
The 6,405 sq ft lot includes a pool and a large side yard suitable for RV parking or future expansion, providing rare flexibility in a dense suburban neighborhood.
At only 1,133 square feet, the living space is relatively compact for the price point, which may feel restrictive for families seeking larger common areas or spacious bedrooms.
With a list price exceeding $2.1M for a modest-sized 1950s home, the property commands a significant premium that primarily reflects the land and school district value rather than the interior scale.
Located away from busy street noise, in the highly desirable West San Jose with access to sought-after Lynbrook High, this move-in ready home offers comfort, flexibility, and an outstanding Silicon Valley location. Featuring 3 bedrooms, 2 bathrooms, 1,133 sq ft of living space, and a 6,405 sq ft lot, the property is designed for everyday living with room to enjoy both indoors and out. Inside, the home feels bright and welcoming, enhanced by dual-pane windows and a practical layout that supports family life, work-from-home needs, or guest space. Outside, the backyard features a pool, open patio areas, and a huge side yard with enough room for RV parking, expansion possibilities, gardening, or play. A durable metal shingle roof adds long-term value and peace of mind. Enjoy a prime location just minutes from Calabazas Park, Rainbow Plaza, El Paseo, Westgate, Cupertino Main Street, and a wide variety of Indian and Asian grocery stores. Conveniently close to Apple, Nvidia, and other major tech hubs, with easy access to Highways 280, 85, and Lawrence Expressway. A great opportunity in one of West San Jose's most desirable neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,133 | 1,570 | 9% |
| Lot Size | 6,405 | 6,767 | 36% |
| Price | $2.19M | $2.70M | 18% |
| Price per sq ft | $1.9K | $1.7K | 79% |
| Built year | 1959 | 1959 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 87 | 3% |
Jun 2, 2026
$2,188,000
Initial Listing