1545 Stone Creek Drive, San Jose, California 95132, San Jose, 95132 - 4 bed, 2 bath
ACTIVE UNDER CONTRACT$8,700,000
1545 Stone Creek Drive, San Jose, California 95132
4Beds
2Baths
2,475Sqft
112,806Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
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 = 112806, living area = 2475.
Top Cons:
High Barrier to Entry (Price): The $8.7 million list price represents a substantial investment, significantly narrowing the buyer pool to only highly capitalized developers or ultra-high-net-worth individuals.
Compared to the nearby listings
Price:$8.70M vs avg $1.65M (+$7,047,600)98%
Size:2,475 sqft vs avg 1,671.5 sqft90%
Price/sqft:$3.5K vs avg $1.0K98%
More Insights
This property has been on the market for 489 days.
Built in 1965 (60 years old).
Condition: The property was built in 1965, making it 59 years old. While the listing describes the home as 'nicely maintained,' there are no interior images provided to assess the condition, style, or features of the kitchen, bathrooms, appliances, or other interior components. Based solely on its age and the lack of visual evidence of recent renovations, the home is likely aged and would require minor updates to meet current aesthetic and functional standards, particularly in the kitchen and bathrooms. The exterior appears maintained from aerial views, but its age suggests major components are functional but likely outdated.
Year Built
1965
Close
-
List price
$8.7M
Original List price
$8.7M
Price/Sqft
$3,515
HOA
-
Days on market
489 Days
Sold On
2026-10-28
MLS number
ML82012612
Home ConditionFair
Features
Good View: Hills
Patio
ViewHills
About this home
Exceptional Residential Development Opportunity! 1545 & 1501 Stone Creek Drive, San Jose, CA 95312. Offering four contiguous parcels totaling approximately 2.59 acres, this prime San Jose property presents a rare and highly desirable opportunity for multi-home residential development. Located in a terrific Berryessa neighborhood with sought-after schools, dining, parks, & convenient access to HWYS 680 & 880, these parcels are being sold together as a single offering. Currently situated on the property is a nicely maintained 4 bed / 3 bath 2,475 sq ft home, along with a small apricot orchard. Don't miss your chance to acquire a substantial landholding in the Bay Area market. Perfect for builders, developers, investors focused on residential projects, or someone looking to create their own private oasis.
Condition Rating
Fair
The property was built in 1965, making it 59 years old. While the listing describes the home as 'nicely maintained,' there are no interior images provided to assess the condition, style, or features of the kitchen, bathrooms, appliances, or other interior components. Based solely on its age and the lack of visual evidence of recent renovations, the home is likely aged and would require minor updates to meet current aesthetic and functional standards, particularly in the kitchen and bathrooms. The exterior appears maintained from aerial views, but its age suggests major components are functional but likely outdated.
Pros & Cons
Pros
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 = 112806, living area = 2475.
Exceptional Development Potential: The property is explicitly marketed as an 'Exceptional Residential Development Opportunity' for multi-home projects across four contiguous parcels, appealing directly to builders and developers.
Substantial Landholding: A rare and significant 2.59-acre (112,806 sqft) landholding in the high-demand Bay Area market, providing ample space for large-scale residential development.
Prime Berryessa Location: Situated in a 'terrific Berryessa neighborhood' known for sought-after schools, dining, parks, and excellent commuter access to HWYS 680 & 880, enhancing future property values.
Existing Asset & Income Potential: Includes a 'nicely maintained 4 bed / 3 bath 2,475 sq ft home' and a small apricot orchard, offering immediate utility, potential rental income during planning, or a foundation for a private estate.
Strategic Bay Area Investment: Located in San Jose, a highly competitive and appreciating Bay Area market, making this a strategic acquisition for investors focused on long-term value and residential projects.
Cons
High Barrier to Entry (Price): The $8.7 million list price represents a substantial investment, significantly narrowing the buyer pool to only highly capitalized developers or ultra-high-net-worth individuals.
Extended Days on Market: With 489 days on market, the property has experienced a prolonged sales cycle, which could indicate challenges in attracting a buyer at the current price point or the specialized nature of the offering.
Development Complexity & Costs: While an opportunity, multi-home residential development on four parcels entails substantial upfront capital, extensive planning, regulatory approvals, and potential unforeseen costs, increasing risk and timeline.