1355 Buchanan Drive, Santa Clara, California 95051, Santa Clara, 95051 - 3 bed, 2 bath
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Santa Clara, California 95051
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at a List Price of $1,895,000—positioned well below the $2,026,075 Fair Market Value by 6%. This valuation gap provides $131,075 in Instant Equity for the buyer. Featuring a Mint Condition Rating with high-end renovations, a modern kitchen, and distant mountain views, this home offers immediate lifestyle appeal. Benefiting from low-cost Silicon Valley Power utilities, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium, move-in-ready home in a prime tech-centric location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1355 Buchanan Drive Subject | $1,895,000* List Price | 3 | 2 | 1,329 | $1,525 | - |
A 2901 Mark Avenue Sold | $2,150,000 | 3 | 2 | 1,301 | $1,653 | 0.7 mi |
B 2994 Jerald Avenue Sold | $1,920,000 | 3 | 2 | 1,499 | $1,281 | 0.6 mi |
C 3031 Mark Avenue Sold | $2,065,000 | 3 | 2 | 1,237 | $1,669 | 0.8 mi |
D 2898 Barkley Avenue Sold | $2,230,000 | 3 | 2 | 1,494 | $1,493 | 0.6 mi |
E 3175 Colfax Court Sold | $1,780,000 | 3 | 2 | 1,237 | $1,439 | 0.9 mi |
F 1238 Las Palmas Drive Active | $1,898,000 List Price | 3 | 2 | 1,380 | $1,375 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive high-end renovation within the last 5 years. It features a modern kitchen with flat-panel cabinetry and stainless steel appliances, updated bathrooms, recessed lighting throughout, and contemporary flooring. The exterior shows a newer roof, fresh paint, and low-maintenance landscaping, indicating the home is in mint, move-in-ready condition.
Located in the highly desirable 95051 zip code, this property offers exceptional proximity to major tech hubs, including Apple, Nvidia, and Intel, ensuring sustained demand.
The property benefits from Silicon Valley Power, Santa Clara's municipal utility, which provides significantly lower electricity rates compared to neighboring cities.
The property shows a consistent upward valuation trend in a high-demand sub-market, making it a solid long-term investment for equity growth.
The property was recently sold within the past year on 2026-01-09. The sold price is $1,722,000.00.
At an asking price of $1,895,000 for 1,329 square feet, the price per square foot is at the top of the market range, which may limit the buyer pool.
Built in 1960, the home may require significant capital expenditure for modernizing systems or structural updates to meet contemporary luxury standards.
Exceptional opportunity in Santa Clara. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,329 | 1,533.5 | 27% |
| Lot Size | 5,940 | 6,000 | 41% |
| Price | $1.90M | $2.24M | 30% |
| Price per sq ft | $1.4K | $1.4K | 50% |
| Built year | 1960 | 1959 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 109 | 2% |
May 14, 2026
$1,895,000
Initial Listing
Jan 9, 2026
$1,722,000
Public Record
Nov 17, 1993
$52,500
Public Record