
San Jose, California 95129
This property presents a High-Potential Investment Opportunity with a List Price of $1,650,000—positioned above the $1,547,530 Fair Market Value. While the current structure holds a Condition Rating of 6, the true value lies in the 10,032 sq ft lot, offering significant development potential in a prime Silicon Valley location. This Contractor's Special provides a blank canvas for maximizing land utility through expansion or new construction. This is an ideal acquisition for Buy-and-Hold Investors or Contractors focused on long-term asset appreciation and site redevelopment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1436 Saratoga Avenue Subject | $1,650,000* List Price | 3 | 2 | 1,260 | $1,228 | - |
A 1249 Marilla Avenue Sold | $1,999,000 | 4 | 3 | 1,675 | $1,193 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property was built in 1950 (74 years old) with no evidence of significant renovations. The kitchen and bathrooms feature original 1950s tiling and cabinetry, and the listing explicitly markets the property as a 'contractor's special' where the primary value is in the 10,032 sq ft lot for building a new custom home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10032, living area = 1260.
The 10,032 square foot parcel is exceptionally large for the West San Jose area, providing a rare opportunity for a significant residential expansion, a brand-new custom estate, or the addition of an ADU.
Situated in a highly desirable neighborhood, the property offers proximity to top-rated schools, major tech employers, and convenient commute routes, ensuring long-term desirability and value retention.
The existing 1950s structure is marketed as a fixer-upper, implying that substantial capital investment will be required for repairs, modernization, or a complete teardown.
At a list price of $1.65M for a 1,260 square foot home in need of work, the cost reflects land value rather than move-in readiness, which may challenge buyers with limited construction budgets.
This is a rare opportunity to create your custom dream home on one of the largest residential lots available in desirable West San Jose a commanding 10,032 square foot parcel in the heart of Silicon Valley. The existing 3-bedroom, 2-bathroom residence offers approximately 1,260 square feet of living space and serves as a solid foundation, but its true value lies in the extraordinary potential of this oversized lot. With so much land, you can design and build the home youve always wanted whether that means a dramatic expansion, a brand-new custom residence, a luxurious pool and outdoor entertaining area, lush gardens, or a private backyard oasis. West San Joses highly sought-after location gives you the perfect blend of established neighborhood charm and unmatched convenience: top-rated schools, shopping, parks, and easy access to major commute routes. This is a true contractors special in one of Silicon Valleys most desirable pockets an exceptional canvas where lot size, location, and upside come together for the visionary buyer ready to reimagine and maximize every square foot. Dont miss your chance to own this rare combination of space and prime Silicon Valley real estate.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,260 | 1,683.5 |
| Lot Size | 10,032 | 6,300 |
| Price | $1.65M | $1.70M |
| Price per sq ft | $1.3K | $1000 |
| Built year | 1950 | 1966 |
| HOA | $0 | $160 |
| Days on market | 8 | 35 |
Jul 14, 2026
$1,650,000
Initial Listing