
San Martin, California 95046
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,480,000—positioned above the $1,426,268 Fair Market Value. While the property requires modernization, its Condition Rating of 4 is supported by a remodeled granite kitchen and prolific well. The expansive 1.2-acre lot provides significant utility for expansion or agricultural use. This asset offers a rare blend of country living and Silicon Valley proximity, making it a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage long-term land value.
Property is moderate renovation needed.
Built in 1972, the home features a remodeled kitchen with granite counters and copper plumbing, but remains largely dated. While functional and move-in ready, the bathrooms, lighting fixtures, and unlandscaped yard indicate the property is over 20 years from its original state and requires cosmetic updates and minor repairs to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 52446, living area = 1900.
The 1.2-acre lot offers exceptional versatility with mature fruit trees, specialized storage for RVs or hay, and multiple outbuildings, providing a rare level of space and utility for the region.
The home features a tastefully remodeled kitchen with granite countertops and a farmhouse sink, supported by critical infrastructure including copper plumbing and a prolific private well.
The backyard is currently a blank canvas that needs to be 'reimagined,' implying a substantial investment of time and capital to develop the outdoor living areas.
While the kitchen is updated, the 1972 construction and 'next chapter' positioning suggest that other areas of the 1,900 sqft interior likely require modernization to meet current market expectations.
Situated on a spacious 1.2-acre lot on a long quiet cul-de-sac, this home offers a functional floor plan ready for its next chapter. A large front deck welcomes you to a double-door entry leading into the living room with a dramatic vaulted ceiling & cozy wood stove with blower. The remodeled kitchen includes granite counters, gas range, large farmhouse sink, lots of storage, & adjacent dining area. The hallway leads to 4 bdrms, incl a large primary ensuite. An inside laundry room & half-bthrm add convenience off the attached garage. A prolific well & copper plumbing provide a solid foundation for any expansion plans. The backyard is ready to be reimagined, offering several separate fenced areas, two oversized bays for hay storage or rec vehicles, two Tuff sheds, an abundance of mature fruit trees & large garden area, creating endless possibilities for designing an exceptional outdoor retreat. Located with convenient access to shopping, dining, wineries, Caltrain & Hwy. 101 to commuter routes. Outstanding upside & endless potential, this is a rare opportunity. Use your vision to appreciate the tremendous potential this spacious home and parcel have to offer. Enjoy the charm that makes this country living so sought-after, while only a short distance to the heart of Silicon Valley!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,900 | - |
| Lot Size | 52,446 | - |
| Price | $1.48M | $2.03M |
| Price per sq ft | $779 | $1.1K |
| Built year | 1972 | 0 |
| HOA | $0 | $0 |
| Days on market | 21 | 53 |
Jul 1, 2026
$1,480,000
Initial Listing
Sep 14, 2012
$640,500
Public Record
Nov 26, 2002
$788,000
Public Record