1496 Mcpherson Street, Santa Clara, California 95051, Santa Clara, 95051 - 4 bed, 2 bath
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1496 Mcpherson Street
Santa Clara, California 95051
ACTIVE UNDER CONTRACT
CONDITION: GOOD
4Beds
2Baths
1,855Sq Ft
8,360Lot Size
Property Price
LIST PRICE$1,698,000
EST. MARKET VALUE
$1,753,351
3% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $1,698,000—positioned well below the $1,753,352 Fair Market Value by 3%. This valuation gap offers $55,352 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes modern infrastructure upgrades like a new electrical panel and central AC. With an Expansive 8,360 sqft Lot and proximity to Apple’s campus, this property is ideal for Silicon Valley Professionals or Owner-Occupants seeking long-term value.
Estimated Market Value
$1,753,351+$55,351 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santa Clara.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1496 Mcpherson Street Subject | $1,698,000* List Price | 4 | 2 | 1,855 | $945 | - |
A 3024 Machado Avenue Sold | $1,850,000 | 4 | 2 | 1,608 | $1,150 | 0.9 mi |
B 3375 Granada Court Pending | $1,890,000 List Price | 4 | 3 | 1,669 | $1,132 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1955, the property is well-maintained and move-in ready with significant system upgrades including a new electrical panel, rewired bedrooms, central AC, and a newer furnace. The kitchen and bathrooms have been updated with stainless steel appliances and engineered flooring, though the cabinetry style suggests the renovations are within the 5-15 year range rather than brand new.
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 = 8360, living area = 1855.
- Prime Tech Hub Proximity
Located less than two miles from Apple's Spaceship Campus and near major thoroughfares, this home offers an exceptional commute and high desirability for Silicon Valley professionals.
- Comprehensive Infrastructure Upgrades
The property features significant modern improvements including a new electrical panel, rewired bedrooms, central AC, and dual-pane windows, providing essential peace of mind and immediate move-in readiness.
CONSRISKS & DEFICIENCIES
- Market Stagnation and Pricing
With 46 days on the market and a recent $100,000 price reduction, the property may face perception challenges regarding its value relative to current market conditions.
- Moderate School Ratings
The assigned elementary school carries a lower rating (4/10), which may be a deterrent for families specifically targeting the top-tier academic districts often found in the surrounding Silicon Valley area.
About 1496 Mcpherson Street
Thoughtfully Updated Home on a Generous Lot, Less Than Two Miles to Apple's Iconic Spaceship Campus! Cook up scrumptious meals in the kitchen featuring newly redone pantry, stainless steel appliances with five-burner gas stove, and long peninsula with seating. Retreat to the spacious primary suite with walk-in closet, wraparound vanity counter, and oversized soaking tub. Thoughtful details abound including large closets, engineered flooring, updated bathrooms, new interior doors, and fresh interior and exterior paint. Sensible upgrades include new electrical panel, rewired bedrooms, and extra grounded outlets. Year-round comfort covered with central AC, dual-pane windows, furnace, and insulation. Outside, a private front courtyard welcomes you home. An expansive park-like, tree-shaded backyard offers peaceful outdoor living and ample space to enjoy the Bay Area's beautiful year-round weather. Plus, three sheds for extra storage and utility! Ideally situated near major thoroughfares for commuters, top tech employers, pickleball and more at Santa Clara's iconic 52-acre Central Park, scrumptious restaurants, high-end amenities, and more! Plus, students have access to excellent schools in Pomeroy Elementary, Cabrillo Middle, and Santa Clara High (buyer to verify)!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 8,360 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Santa Clara Unified Schools
Pomeroy Elementary School
Grades K-5 • 0.3 mi
4/10
Juan Cabrillo Middle School
Grades 6-8 • 1.2 mi
6/10
Santa Clara High School
Grades 9-12 • 0.5 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,855 | 1,469.529 |
| Lot Size | 8,360 | 6,056.015 |
| Price | $1.70M | $1.91M |
| Price per sq ft | $915 | $1.3K |
| Built year | 1955 | 1957 |
| HOA | $0 | $220 |
| Days on market | 64 | 37 |
Pricing History
Listed for Sale
Aug 6, 2026
$1,698,000
$1,799,500
-6% Price Drop
Initial Listing
Price Change
Jul 7, 2026
$1,799,500
Initial Listing
Sold
Aug 28, 1996
$219,500
Public Record