
Campbell, California 95008
This property presents a High-Potential Investment Opportunity with a List Price of $1,998,000—positioned well below the $1,951,879 Fair Market Value by -2%. While the property carries a Condition Rating of 6, its massive 15,252 sqft lot offers exceptional lot split potential and new construction upside. Located in a prime area with access to award-winning schools like Branham/Leigh High, this asset is ideal for Real Estate Developers or Custom Home Builders looking to maximize land utility in a high-demand Campbell location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1270 Hoffman Lane Subject | $1,998,000* List Price | 4 | 2 | 1,700 | $1,148 | - |
A 621 W Parr Avenue Pending | $1,625,000 List Price | 2 | 1 | 1,254 | $1,296 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1920 (100+ years old) with no recorded renovations. The listing explicitly markets the property for its land value, lot split potential, and new construction opportunity, indicating the existing structure is likely unlivable or adds no value to the land.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15252, living area = 1700.
The massive 15,252 sqft lot provides a rare opportunity for a lot split or the construction of a large-scale luxury estate with an ADU, offering significant upside for investors or builders.
Situated on a quiet street with no through traffic, the property offers access to award-winning schools including Branham/Leigh High and is minutes away from both Campbell and Los Gatos amenities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1700, other record living area = 1462. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1920, the existing 104-year-old residence likely requires extensive remediation or a complete teardown to meet modern building standards and buyer expectations.
With a list price near $2M, the primary value is in the land, requiring buyers to have substantial additional capital for the necessary construction or major renovations.
Welcome to a huge lot on a quiet street in Campbell. Fantastic opportunity to lot split or build a large new construction home with ADU (buyer to verify with city). Wonderful street without through traffic. Great proximity to all of the amenities of both Los Gatos and Campbell. Convenient commute location with easy access to Highway 17/880, Highway 85 & San Tomas Expressway. Award-winning schools: Branham High or Leigh High (free zone), Price Charter Middle, and Farnham Charter Elementary.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 41% |
| Square foot | 1,700 | 1,887 | 41% |
| Lot Size | 15,252 | 8,100 | 96% |
| Price | $2.00M | $2.20M | 37% |
| Price per sq ft | $1.2K | $1.2K | 37% |
| Built year | 1920 | 1962 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 99 | 7% |
May 7, 2026
$1,998,000
Initial Listing
Aug 28, 2012
$460,000
Public Record
Apr 26, 2011
$353,000
Public Record
Nov 16, 2006
$950,000
Public Record