
Campbell, California 95008
This Prime Development Asset is listed at $2,450,000, representing a strategic land-acquisition opportunity in a premier Campbell location. While the $2,104,021 Fair Market Value accounts for the original 1900s residence, the true valuation is driven by the expansive 18,730 sq. ft. Lot and its Exceptional Development Potential for multiple dwellings. Holding a Condition Rating of 5, the site requires a full-scale Value-Add strategy to maximize ROI near Top-Rated Schools like Forest Hill Elementary and Rolling Hills Middle. This project is ideal for Developers or Visionary Investors.
Property is extensive renovation needed.
Built in 1900 and explicitly marketed as a 'land-value opportunity,' the property is positioned for redevelopment rather than immediate move-in. While the interior features fresh paint and original Brazilian hardwood floors, the extreme age of the structure and the listing's focus on the 18,730 sq. ft. lot's potential for new construction or ADUs indicate that the existing major systems and infrastructure are likely outdated and require substantial rehabilitation to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18730, living area = 2078.
The expansive 18,730 sq. ft. flat lot offers rare versatility for the area, providing the opportunity to build a custom luxury estate or explore multi-unit development with ADUs.
Ideally situated in a highly desirable Campbell neighborhood with convenient access to major commuter routes and top-rated schools, including Forest Hill Elementary and Rolling Hills Middle.
Given the home's 1900 construction date, buyers should anticipate the need for substantial updates to aging infrastructure and systems to meet modern building standards.
The property is positioned primarily as a land-value opportunity, suggesting that the current structure may not represent the highest and best use of the lot without significant capital investment.
A Rare Land-Value Opportunity in a Prime Campbell Location! Set on an expansive, flat 18,730 sq. ft. lot in a highly desirable Campbell neighborhood, this charming two-story home offers a unique blend of classic character, generous space, and exceptional future potential. The living area is filled with natural light and features fresh interior paint, original Brazilian hardwood floors. Features include unfinished basement for storage, a spacious deck overlooking a park-like backyard, and a cozy gazebo - perfect for relaxing afternoons. The private expansive driveway provides ample parking for guests. The oversized lot presents outstanding possibilities: create your dream single-family home, thoughtfully expand the existing home, or explore the potential to sub-divide, add multiple units and/or ADU's (buyer to verify with the City of Campbell). Seller makes no representations about use, the buyer's is to verify for themselves. Property is accessible, by frontage street(San Tomas Aquino) and the cul-de sac at the rear of the property(Lamont Ct). Ideally located with easy access to parks, shopping, dining, and major commuter routes and top-rated schools - Forest Hill Elementary, Rolling Hills Middle, and Westmont High (buyer to verify). Close to The Harker school (lower school campus), Don’t miss this exceptional opportunity to bring your vision to life in one of Campbell’s most sought-after neighborhoods! MLS School District: Campbell Union
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 | 2.0 | 50% |
| Square foot | 2,078 | 1,763 | 71% |
| Lot Size | 18,730 | 7,751 | 91% |
| Price | $2.45M | $2.18M | 59% |
| Price per sq ft | $1.2K | $1.2K | 41% |
| Built year | 1900 | 1961 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 147 | 18% |
Mar 3, 2026
$2,450,000
Initial Listing
Mar 30, 2006
$198,500
Public Record