
San Jose, California 95132
This High-Potential Investment Opportunity is listed at $1,599,000, positioned above the $1,535,227 Fair Market Value. While currently tenant-occupied, the property features a Condition Rating of 4, signaling significant upside through modernization. The expansive 8,040-square-foot lot offers Significant ADU Potential, including detached and junior units, ideal for maximizing density. With Foothill Views and a quiet cul-de-sac location, this asset provides a rare blend of privacy and development flexibility. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value-add projects.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1565 Sierra Creek Way Subject | $1,599,000* List Price | 3 | 2 | 1,054 | $1,457 | - |
A 3285 Cropley Avenue Active | $1,499,900 List Price | 3 | 2 | 1,228 | $1,221 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979 (45 years old) with no mention of recent major renovations to the kitchen, baths, or systems. While the exterior appears well-maintained with updated windows, the marketing emphasis on 'redevelopment,' 'expansion,' and 'ADU opportunities' typically indicates a dated interior that requires modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8040, living area = 1054.
Situated at the end of a quiet cul-de-sac bordering an orchard, this property offers a rare semi-rural atmosphere with foothill views while remaining minutes from Silicon Valley hubs.
The expansive 8,040-square-foot flat lot provides exceptional opportunities for value-add projects, including a potential detached ADU and a Junior ADU, ideal for investors or multi-generational living.
At just 1,054 square feet for a three-bedroom home, the interior living space is relatively small compared to the price point and lot size.
The property is currently tenant-occupied on a month-to-month basis, which may require additional coordination for inspections, possession, or immediate redevelopment plans.
At the very end of quiet Sierra Creek Way, is a unique single-story home in one of the most desirable locations in the neighborhood of well-maintained homes and bordering an orchard setting, offers a peaceful, semi-rural feel (views of foothills from throughout property) minutes from Silicon Valley. Approx 8,040-square-foot lot, the home features 3 BR, 2 BA, w/exceptional outdoor space rarely found in this price range. The backyard is a standout feature. A spacious cement patio with decorative potted plant areas and a large hardwood picnic table under a wooden trellis spanning nearly the full width of the home, an ideal setting for outdoor dining, entertaining, or relaxing. Beyond the patio lies a large, flat backyard offering tremendous possibilities for expansion and redevelopment. For investors, multigenerational families, or owner-occupants seeking future value, the property presents outstanding ADU opportunities (potential detached ADU plus additional possible Junior ADU). Currently Tenant-Occupied (PLEASE Do NOT Disturb), the property offers flexibility for immediate occupancy, rental income, or future redevelopment planning. A rare combination of privacy, location, flexibility, and long-term upside in one of North San Jose's most established foothill neighborhoods.
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 | 1,054 | 1,683.5 |
| Lot Size | 8,040 | 6,300 |
| Price | $1.60M | $1.70M |
| Price per sq ft | $1.5K | $1000 |
| Built year | 1979 | 1966 |
| HOA | $0 | $160 |
| Days on market | 39 | 35 |
Jun 13, 2026
$1,599,000
Initial Listing