
Santa Clara, California 95050
This Hybrid Residential Asset represents a Strong Value Opportunity, listed at $2,188,000—positioned well below the $1,999,592 Fair Market Value by -9%. Featuring an Excellent Condition Rating, the property includes a historic 1905 main residence and a permitted 2022 ADU with fully paid solar. The combination of Mills Act tax advantages and dual-unit rental potential provides significant financial stability. This versatile property is an ideal acquisition for Buy-and-Hold Investors seeking income or Owner-Occupants desiring multigenerational living in the historic Old Quad.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1765 Market Street Subject 5 bd · 5 ba · 1,324 sqft · $1,510 | $2,188,000* List Price | 5 | 5 | 1,324 | $1,510 | - |
A 690 Catala Court Sold 3 bd · 2 ba · 1,417 sqft · $1,270 · 0.4 mi | $1,800,000 | 3 | 2 | 1,417 | $1,270 | 0.4 mi |
B 971 Madeline Lane Sold 3 bd · 2 ba · 1,319 sqft · $1,560 · 0.8 mi | $2,058,000 | 3 | 2 | 1,319 | $1,560 | 0.8 mi |
C 2006 Stanley Avenue Sold 3 bd · 2 ba · 1,048 sqft · $1,574 · 0.4 mi | $1,650,000 | 3 | 2 | 1,048 | $1,574 | 0.4 mi |
D 935 Circle Drive Sold 3 bd · 2 ba · 1,602 sqft · $1,451 · 0.7 mi | $2,324,000 | 3 | 2 | 1,602 | $1,451 | 0.7 mi |
E 2441 Johnson Place Sold 3 bd · 2 ba · 1,319 sqft · $1,368 · 0.9 mi | $1,804,000 | 3 | 2 | 1,319 | $1,368 | 0.9 mi |
F 968 Madeline Lane Sold 3 bd · 2 ba · 1,156 sqft · $1,449 · 0.8 mi | $1,675,000 | 3 | 2 | 1,156 | $1,449 | 0.8 mi |
G 2419 Brannan Place Sold 3 bd · 2 ba · 1,550 sqft · $1,181 · 0.9 mi | $1,830,000 | 3 | 2 | 1,550 | $1,181 | 0.9 mi |
H 1157 Fairfield Avenue Active 3 bd · 2 ba · 1,683 sqft · $1,188 · 0.4 mi | $1,998,888 List Price | 3 | 2 | 1,683 | $1,188 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the main residence is a historic 1905 cottage, it has undergone significant recent renovations including a renovated kitchen, refinished hardwood floors, and updated bathrooms. Furthermore, the property includes a permitted ADU built in 2022 with modern systems (A/C, solar, and separate utilities), placing the overall property condition in the 'Excellent' category due to the recent high-end renovations and new construction components.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7700, living area = 1324.
The property features a modern, permitted 933 sqft ADU built in 2022 with separate utilities, private entrance, and paid solar, providing exceptional rental income potential or multigenerational living options.
Significant tax advantages are available through the Mills Act for this historic Queen Anne Cottage, complemented by lower utility costs provided by Silicon Valley Power.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7700, other record lot size in square feet = 7550. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The primary three-bedroom historic home only offers 1.5 bathrooms, which may be a drawback for modern families expecting a full primary ensuite.
With a reported 1,324 square feet across five total bedrooms, the interior living areas and individual room scales may feel constrained for the $2.188M price point.
Two Homes, One Exceptional & Rare Opportunity to own a piece of Santa Clara History in the highly sought after Old Quad neighborhood! This beautifully preserved Queen Anne Cottage combines timeless character with modern updates & the significant tax advantages of the Mills Act. The main residence offers 3 bedrooms, 1.5 bathrooms, high ceilings, refinished hardwood floors, a spacious living room, dining area, renovated kitchen, laundry area & a charming enclosed sun porch. A spacious basement with exterior access, along with a dedicated rear storage room, offers exceptional storage & added versatility. Adding exceptional value is the permitted 2022 ADU, offering approximately 933 square feet with 2 bedrooms, 1.5 bathrooms, private entrance, separate address, separate utilities, & also offers A/C, laundry area, fenced yard, & fully paid solar. Ideal for multigenerational living, guests, or rental income potential. Conveniently located near Santa Clara University, Santana Row, Westfield Valley Fair, Downtown Santa Clara, Kaiser Permanente, Levi's Stadium, San Jose International Airport, close to major employers, public transit & commute routes. Enjoy nearby parks, schools, the Saturday Farmers Market & the benefits of Santa Clara's own electric utility provider, Silicon Valley Power
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 1,324 | 1,494.966 |
| Lot Size | 7,700 | 5,938.954 |
| Price | $2.19M | $1.88M |
| Price per sq ft | $1.7K | $1.3K |
| Built year | 1905 | 1956 |
| HOA | $0 | $180 |
| Days on market | 16 | 37 |
Oct 8, 2026
$2,188,000
Initial Listing
Sep 30, 2020
$818,000
Public Record