1229 Picasso Drive, Sunnyvale, California 94087, Sunnyvale, 94087 - 2 bed, 2 bath
1229 Picasso Drive
Sunnyvale, California 94087
Property Price
SUMMARY
Analysis of 1229 Picasso Drive, Sunnyvale, California 94087 is currently available with a list price of $1,020,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Sunnyvale Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1972, the property has undergone an extensive recent renovation within the last 5 years. The interior features a modern open-concept kitchen with high-end stainless steel appliances and quartz countertops, updated bathrooms with contemporary fixtures, and new flooring throughout. All visible components, including recessed lighting and cabinetry, meet current quality standards with no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Top-Rated Cupertino Schools
The property is zoned for highly-coveted schools including Stocklmeir Elementary and Cupertino Middle, which are major drivers for property value and long-term appreciation in this region.
- Prime Silicon Valley Location
Ideally situated with easy access to major tech employers, freeways, and within walking distance to popular local spots like Las Palmas Park and Heritage Park.
- Modern Interior Updates
The home features a contemporary open kitchen with stainless steel appliances and updated countertops, along with the convenience of inside laundry and direct garage access.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $570 is relatively high for a two-bedroom unit, which may impact the overall affordability and monthly carrying costs for budget-conscious buyers.
- Market Stagnation
Multiple price reductions from the original list price of $1.098M down to $1.02M suggest the property has faced challenges in attracting buyers at its initial valuation.
About 1229 Picasso Drive
Welcome to a nicely updated townhouse with Cupertino schools in Sunnyvale. Spacious living room and dining area. Open kitchen with stainless steel appliances and beautiful countertops. Large bedrooms with generous closet space. Inside laundry. One of the bedrooms enjoys a private balcony. This home is especially well located within the lovely community. Garage directly accessible from secure backyard. Close proximity to additional open parking. Nestled away from the street. Wonderful HOA with pool, volleyball court and clubhouse. Short walking distance to Heritage Park, Las Palmas Park, Stocklmeir Elementary and Fremont High. Neighborhood roads lead to many top Silicon Valley employers. Easy access to freeways and expressways. Award-winning Cupertino schools: Louise Stocklmeir Elementary, Cupertino Middle and Fremont High.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1972
- Lot Size
- 1,058.51 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $570.0 / Month
Neighborhood Insights
Sunnyvale Unified Schools
Louis E. Stocklmeir Elementary School
Grades K-5 • 0.6 mi
Cupertino Middle School
Grades 6-8 • 2.2 mi
Fremont High School
Grades 9-12 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,184 | 1,184 | 50% |
| Lot Size | 1,058.51 | 873 | 56% |
| Price | $1.02M | $1.05M | 44% |
| Price per sq ft | $861 | $933 | 22% |
| Built year | 1972 | 1972 | 50% |
| HOA | $570.0 | $500 | 67% |
| Days on market | 163 | 184 | 22% |
Pricing History
Listed for Sale
Feb 27, 2026
$1,020,000
$1,048,000
-3% Price Drop
Initial Listing
Price Change
Jan 28, 2026
$1,048,000
$1,098,000
-5% Price Drop
Initial Listing
Price Change
Sep 25, 2025
$1,098,000
Initial Listing