1805 Dracena Way, San Jose, California 95122, San Jose, 95122 - 3 bed, 2 bath
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1805 Dracena Way
San Jose, California 95122
ACTIVE UNDER CONTRACT
CONDITION: GOOD
3Beds
2Baths
1,040Sq Ft
5,663Lot Size
Property Price
LIST PRICE$898,880
EST. MARKET VALUE
$906,743
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $898,880—positioned well below the $906,744 Fair Market Value by 0.87%. This valuation gap offers $7,864 in Instant Equity. Featuring a Condition Rating of 3, the home includes a modernized kitchen, updated bathrooms, and a spacious patio. While school ratings are modest, the property’s corner lot and dedicated RV parking provide rare utility. This is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready home with commuter convenience.
Estimated Market Value
$906,743
Based on Realkey algorithm analyzing recent comparable sales in San Jose.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1805 Dracena Way Subject 3 bd · 2 ba · 1,040 sqft · $872 | $898,880* List Price | 3 | 2 | 1,040 | $872 | - |
A 2089 Palm Beach Way Sold 3 bd · 2 ba · 1,020 sqft · $834 · 0.3 mi | $851,000 | 3 | 2 | 1,020 | $834 | 0.3 mi |
B 2137 Inman Way Sold 3 bd · 2 ba · 960 sqft · $881 · 0.6 mi | $846,000 | 3 | 2 | 960 | $881 | 0.6 mi |
C 1864 Loyola Drive Sold 3 bd · 1 ba · 960 sqft · $1,000 · 0.6 mi | $960,000 | 3 | 1 | 960 | $1,000 | 0.6 mi |
D 1406 Kilchoan Court Sold 3 bd · 2 ba · 1,238 sqft · $775 · 0.2 mi | $960,000 | 3 | 2 | 1,238 | $775 | 0.2 mi |
E 1575 Denali Way Sold 3 bd · 2 ba · 1,007 sqft · $897 · 0.6 mi | $903,000 | 3 | 2 | 1,007 | $897 | 0.6 mi |
F 1641 Santee Drive Sold 3 bd · 2 ba · 1,204 sqft · $739 · 0.4 mi | $890,000 | 3 | 2 | 1,204 | $739 | 0.4 mi |
G 1166 Spokane Drive Sold 2 bd · 2 ba · 989 sqft · $1,031 · 0.7 mi | $1,020,000 | 2 | 2 | 989 | $1,031 | 0.7 mi |
H 1573 Havana Drive Pending 3 bd · 2 ba · 1,040 sqft · $865 · 0.1 mi | $899,888 List Price | 3 | 2 | 1,040 | $865 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1959, the home has undergone significant renovations within the 5-15 year range. The kitchen features updated cabinetry and stone counters, bathrooms have been modernized with contemporary tiling, and the living area includes updated flooring, recessed lighting, and a modern mini-split HVAC system. The property is well-maintained and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Parking & Lot Utility
The spacious corner lot features two separate driveways and dedicated RV parking, providing rare and highly functional space for multiple vehicles or recreational equipment in a dense urban area.
- Move-In Ready Updates
The interior has been thoughtfully refreshed with modern flooring, recessed lighting, and updated bathrooms, offering a contemporary aesthetic that reduces the need for immediate post-purchase renovations.
- Strategic Commuter Location
Ideally situated with easy access to Highways 101 and 280, this property offers a convenient commute to major Silicon Valley employment hubs, Eastridge Mall, and local recreational parks.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5663, other record lot size in square feet = 6000.
- Compact Living Space
At 1,040 square feet for a 3-bedroom, 2-bathroom configuration, the interior footprint is relatively small, which may feel restrictive for larger families or those requiring a dedicated home office.
- Modest School Ratings
The assigned middle and high schools have lower performance ratings (3 and 4 respectively), which could be a drawback for education-focused buyers and may impact long-term appreciation compared to higher-rated districts.
About 1805 Dracena Way
Welcome to this beautifully maintained 3-bedroom, 2-bathroom home offering 1,040 square feet of comfortable, open living space. Thoughtful updates include refreshed flooring, recessed lighting, and updated bathrooms. Situated on a spacious corner lot, the property features two driveways, ample parking, and dedicated RV parking. Inside, the open-concept living and dining area welcomes natural light, creating a bright and inviting atmosphere. Outside, enjoy mature landscaping and a well-maintained backyard with open space and a spacious patioperfect for outdoor dining, relaxing, and entertaining. Conveniently located near Highways 101 and 280, this home offers easy access to shopping, dining, entertainment, and major employment centers. Nearby attractions include Eastridge Mall, Lake Cunningham Park, Raging Waters, and Reid-Hillview Airport, with plenty of additional amenities and destinations to explore. With its desirable corner-lot location, convenient parking options, and inviting indoor-outdoor living, this home offers comfort, functionality, and easy access to all that the surrounding area has to offer.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 5,663 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Jose Unified Schools
A. J. Dorsa Elementary School
Grades K-5 • 0.8 mi
3/10
Donald J. Meyer Elementary School
Grades K-5 • 0.8 mi
5/10
O. S. Hubbard Elementary School
Grades K-8 • 0.2 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,040 | 1,721.238 |
| Lot Size | 5,663 | 6,271.145 |
| Price | $898.9K | $1.67M |
| Price per sq ft | $864 | $972 |
| Built year | 1959 | 1965 |
| HOA | $0 | $190 |
| Days on market | 11 | 38 |
Pricing History
Listed for Sale
Oct 13, 2026
$898,880
Initial Listing
Sold
Nov 3, 2009
$325,000
Public Record
Sold
May 2, 2005
$583,000
Public Record
Sold
Mar 8, 2002
$349,000
Public Record