1515 Jasper Drive, Sunnyvale, California 94087, Sunnyvale, 94087 - 3 bed, 2 bath
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Sunnyvale, California 94087
This Well-Maintained Value-Add Residence is a Prime Investment Opportunity, listed at $2,475,000—positioned well below the $2,561,460 Fair Market Value by 3%. This valuation gap offers $86,460 in Instant Equity. Boasting a Condition Rating of 4, the home features Hardwood Floors, Copper Piping, and a Spacious Backyard Patio. Located on a 7,200 Sq. Ft. Lot within the prestigious Cupertino School District (West Valley Elementary), it offers elite education access and significant modernization upside. This is a strategic match for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1515 Jasper Drive Subject | $2,475,000* List Price | 3 | 2 | 1,348 | $1,900 | - |
A 1768 Karameos Ct Sold | $3,025,000 | 4 | 2 | 1,625 | $1,862 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959 and held by the original owner, the property is well-maintained and move-in ready but significantly dated. While it features essential system upgrades like copper piping and recent cosmetic touches (new paint, lighting, and linoleum), the kitchen and bathrooms are largely original and require full modernization. It avoids a 'poor' rating due to the pride of ownership and functional condition of the systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 1348.
Elementary School: West Valley Elementary School (9/10).
The property is zoned for highly-rated, award-winning schools including West Valley Elementary, Cupertino Middle, and Homestead High, providing exceptional long-term value for families.
Built in 1959, the home retains many original features and requires comprehensive modernization to meet the aesthetic and functional expectations of today's luxury market.
The property lacks a modern cooling system, which is a notable omission at this price point and will likely necessitate additional capital expenditure for HVAC upgrades.
Original Owner Home*Great Opportunity to Make it Your Own Design*Light, Bright, Beautiful Home, Move-In Condition*Located in Quiet, Low-Traffic Street in the Desirable Sunnyvale Area*Wonderful, Pride of Ownership Neighborhood*Beautiful Front Landscaping, Lawn Area, Brick Walkway, Manicured Junipers*Spacious Backyard Great for Relaxing and Entertaining*Large 7,200 Sq. Ft. Lot Size*Refinished Kitchen Countertops, Wood Cabinets, New Lighting*Spacious Living Room, Picture Window, Cozy Woodburning Brick Fireplace, Sliding Door to Backyard Patio*Separate Family Room with Sliding Door to Backyard Patio*Master Bathroom, Tile Stall Shower*Hall Bathroom, Shower Over Tub, Tile Shower Walls*New Linoleum Flooring in Kitchen and Hall Bathroom*Central Heating*Comp Shingle Roof*New Front Exterior + Interior Paint*Hardwood Floors*New Kitchen, Bedrooms, Bathrooms, Entry, Hallway Lighting*Copper Piping*Garage Laundry Area*2-Car Attached Garage, Roll-Up Door + Opener*AWARD WINNING CUPERTINO SCHOOLS: West Valley Elementary, Cupertino Middle, Homestead High School*Great Central Location, Nearby Serra and De Anza Parks*Close to Downtown Sunnyvale, Historic Murphy Avenue, Restaurants, Shopping, Movie Theaters*Easy Access to 85/280/101/237 Freeways*Short Commute to Apple, NVIDIA, Intel, Google, LinkedIn*
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 41% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,348 | 1,821.5 | 15% |
| Lot Size | 7,200 | 7,085 | 52% |
| Price | $2.48M | $3.13M | 20% |
| Price per sq ft | $1.8K | $1.8K | 61% |
| Built year | 1959 | 1961 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 82 | 2% |
Apr 16, 2026
$2,475,000
Initial Listing