
Campbell, California 95008
This property presents a Strong Value Opportunity with a List Price of $2,680,000—positioned well below the $2,882,913 Fair Market Value by 7%. This valuation gap offers $202,913 in Instant Equity. Featuring a 11,016 sqft lot and a Condition Rating of 6, the asset is primed for redevelopment or significant expansion. Located in a prime Campbell neighborhood with access to Top-Rated Schools, this is a high-reward acquisition ideal for Real Estate Developers or Owner-Occupants seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1149 Audrey Avenue Subject | $2,680,000* List Price | 2 | 2 | 1,221 | $2,361 | - |
A 1285 Capri Drive Sold | $2,780,000 | 2 | 1 | 1,100 | $2,527 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1948 (>50 years old) with no mention of renovations; the listing description focuses entirely on the 1/4-acre lot size, development potential, and location, indicating the value is in the land rather than the structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11016, living area = 1221.
The generous 11,016 sqft lot provides a rare opportunity for significant expansion or redevelopment, perfectly positioned to benefit from evolving city development plans.
Located in a coveted neighborhood just minutes from vibrant Downtown Campbell, the property offers unbeatable access to premium shopping, dining, and major commute routes.
With a list price of $2.68M for a 1,221 sqft home, the cost per square foot is exceptionally high, reflecting land value rather than the utility of the current residence.
Originally built in 1948, the small 2-bedroom structure likely requires extensive renovations or a complete teardown to align with modern luxury standards.
OPPORTUNITY AWAITS! Generous ¼-acre lot in a coveted Campbell neighborhood, this property is bursting with Potential. As the City of Campbells development plans evolve, exciting new possibilities are opening up for this prime location. Enjoy top-rated Campbell Schools, a Peaceful Residential Vibe, and unbeatable access to Major Commute Routesall just minutes from Vibrant Downtown Campbells shops, dining, and nightlife.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 7% |
| Baths | 2.0 | 3.0 | 36% |
| Square foot | 1,221 | 1,897 | 25% |
| Lot Size | 11,016 | 8,175 | 93% |
| Price | $2.68M | $2.58M | 57% |
| Price per sq ft | $2.2K | $1.2K | 93% |
| Built year | 1948 | 1962 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 106 | 4% |
May 18, 2026
$2,680,000
Initial Listing