1306 Hillcrest Drive, San Jose, California 95120, San Jose, 95120 - 4 bed, 4 bath
Loading property details...
1306 Hillcrest Drive
San Jose, California 95120
ACTIVE
CONDITION: POOR
4Beds
4Baths
2,985Sq Ft
13,000Lot Size
Property Price
LIST PRICE$2,499,000
EST. MARKET VALUE
$2,599,000
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $2,499,000—positioned well below the $2,599,000 Fair Market Value by 3%. This valuation gap offers $100,000 in Instant Equity for buyers. Featuring a Fair Condition Rating and an unpermitted fourth bedroom, the home requires a comprehensive renovation to modernize its 1970s interiors. With a 13,000 sqft lot bordering the Almaden Golf & Country Club, this is an ideal project for Fix-and-Flip Investors or Contractors seeking significant upside.
Estimated Market Value
$2,599,000+$100,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Jose.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1306 Hillcrest Drive Subject 4 bd · 4 ba · 2,985 sqft · $871 | $2,499,000* List Price | 4 | 4 | 2,985 | $871 | - |
A 7142 Echo Ridge Drive Sold 4 bd · 3 ba · 3,080 sqft · $925 · 0.9 mi | $2,850,000 | 4 | 3 | 3,080 | $925 | 0.9 mi |
B 1171 Calle Ventura Sold 4 bd · 3 ba · 2,163 sqft · $1,040 · 0.6 mi | $2,250,000 | 4 | 3 | 2,163 | $1,040 | 0.6 mi |
C 6532 Timberview Drive Sold 4 bd · 3 ba · 2,309 sqft · $1,039 · 0.6 mi | $2,400,000 | 4 | 3 | 2,309 | $1,039 | 0.6 mi |
D 1155 Parma Drive Sold 4 bd · 3 ba · 2,258 sqft · $872 · 0.7 mi | $1,968,000 | 4 | 3 | 2,258 | $872 | 0.7 mi |
E 6597 Crystal Springs Drive Active 4 bd · 3 ba · 2,368 sqft · $1,014 · 0.3 mi | $2,400,000 List Price | 4 | 3 | 2,368 | $1,014 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1973, this 50+ year old home retains its original 1970s kitchen and bathrooms, featuring dated dark wood cabinetry, tile countertops, and vintage fixtures. The interior shows significant aging with original stone fireplaces, dated wallpaper, and worn carpeting. The listing also notes an unpermitted and incomplete fourth bedroom, indicating the property requires a comprehensive rehab to address structural/permitting issues and modernize the systems.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13000, living area = 2985.
- Great Schools
Elementary School: Williams Elementary School (9/10). Middle School: C. T. English Middle School (9/10). High School: Los Gatos High School (10/10).
- Prime Golf Course Location
The property directly borders the Almaden Golf & Country Club, offering premium views and a high level of privacy on an expansive 13,000 square foot lot.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =13000, other record lot size in square feet = 12825. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Unpermitted Improvements
The fourth bedroom is unpermitted and incomplete, which may present challenges for financing or require conversion back to a garage.
- Market Momentum
A recent $100,000 price reduction and 22 days on market suggest that the property may be facing resistance regarding its condition or initial valuation.
About 1306 Hillcrest Drive
Almost 3000sf home with pool on large lot backing up to golf course of Almaden Golf & Country Club. Thoughtful main-level living design. Private upper-level primary suite with two walk-in closets, ensuite bath and peaceful views of the surrounding hills and golf course. The inviting interior features soaring vaulted ceilings, exposed wood beams, abundant windows, a dramatic double-sided wood-burning fireplace, built-in bar, spacious living and family rooms, and a well-appointed kitchen with gas cooktop and double ovens. The expansive backyard directly borders the golf course and features a covered deck, mature landscaping, sparkling in-ground pool and tremendous potential for creating your own outdoor retreat. Fourth bedroom is not permitted, not complete and could be converted back to the 3rd car garage. Generous storage, central air conditioning and an enviable location close to Almaden Quicksilver County Park, Almaden Lake, hiking and biking trails, schools, shopping and dining, this special property offers a rare combination of space, privacy, location and opportunity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1973
- Lot Size
- 13,000 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Jose Unified Schools
Simonds Elementary School
Grades K-5 • 0.7 mi
7/10
Williams Elementary School
Grades K-5 • 1.1 mi
9/10
Los Alamitos Elementary School
Grades K-5 • 1.3 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,985 | 1,721.238 |
| Lot Size | 13,000 | 6,271.145 |
| Price | $2.50M | $1.67M |
| Price per sq ft | $837 | $972 |
| Built year | 1973 | 1965 |
| HOA | $0 | $190 |
| Days on market | 36 | 38 |
Pricing History
Listed for Sale
Oct 9, 2026
$2,499,000
$2,599,000
-4% Price Drop
Initial Listing
Price Change
Sep 18, 2026
$2,599,000
Initial Listing