
Campbell, California 95008
This property presents a High-Potential Investment Opportunity with a List Price of $2,250,000—positioned above the $2,014,805 Fair Market Value by 11%. While the current structure holds a Condition Rating of 6, the expansive 11,016 sqft lot provides significant Development Potential for a custom luxury build. Featuring a deck and patio, this asset is situated in a prime Campbell neighborhood with access to top-rated schools. This is a strategic acquisition ideal for Real Estate Developers or Custom Home Builders seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1149 Audrey Avenue Subject | $2,250,000* List Price | 2 | 2 | 1,221 | $1,650 | - |
A 621 W Parr Avenue Pending | $1,625,000 List Price | 2 | 1 | 1,254 | $1,296 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1948 (>70 years old) with no mention of renovations, the listing focuses on 'opportunity' and 'development plans' for the large lot. The aerial image shows a rusted corrugated metal roof and mismatched structural additions, indicating the property is being sold for land value.
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 expansive 11,016 sqft lot offers significant development opportunities, especially with evolving city plans, making it ideal for a custom luxury build or substantial expansion.
Situated in a highly sought-after Campbell neighborhood, the property provides easy access to top-rated schools, major commute routes, and the vibrant downtown dining and shopping district.
Built in 1948 with only 1,221 square feet of living space, the existing 2-bedroom home is undersized for the lot and likely requires extensive renovation or a complete teardown.
With 64 days on the market and a major price correction, the property may face buyer hesitation regarding its initial overvaluation or underlying condition.
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 |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 2.8 |
| Square foot | 1,221 | 1,947 |
| Lot Size | 11,016 | 7,384.375 |
| Price | $2.25M | $2.27M |
| Price per sq ft | $1.8K | $1.1K |
| Built year | 1948 | 1957 |
| HOA | $0 | $169 |
| Days on market | 114 | 40 |
Jul 21, 2026
$2,250,000
$2,680,000
-16% Price Drop
Initial Listing
May 18, 2026
$2,680,000
Initial Listing