
Mountain View, California 94043
This property presents a High-Potential Investment Opportunity with a List Price of $1,950,000—positioned well below the $2,003,510 Fair Market Value by 2%. This valuation gap offers $53,510 in Instant Equity for buyers. With a Condition Rating of 5, the home requires a full interior rehab, yet its 1,302 sqft semi-open floor plan and private patio provide a solid foundation. Located near top-rated schools like Gunn High, this is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 183 Thompson Square Subject | $1,950,000* List Price | 3 | 2 | 1,302 | $1,539 | - |
A 1114 Burgoyne Street Sold | $2,120,000 | 4 | 2 | 1,422 | $1,491 | 0.8 mi |
B 290 N Rengstorff Avenue Pending | $1,849,000 List Price | 3 | 2 | 1,392 | $1,328 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1956 with no evidence of major renovations, the property is a classic fixer-upper. The interior shows heavily worn carpeting, dated wall heaters, and original mid-century finishes that require a full rehab, consistent with the listing's 'needs TLC' description.
Elementary School: Fairmeadow Elementary School (9/10). Middle School: Jane Lathrop Stanford Middle School (9/10). High School: Henry M. Gunn High School (9/10).
Situated in the highly desirable Monta Loma neighborhood, the property offers access to top-rated schools including Los Altos High and Gunn High, ensuring long-term value and appeal for families.
The classic 1950s mid-century style and semi-open floor plan provide an excellent foundation for a modern renovation, catering to a high-demand aesthetic in the Silicon Valley market.
The property is explicitly noted as needing 'TLC' and interior updates, which will require a substantial additional capital investment beyond the purchase price.
At a list price of $1.95M for a 1,302 sqft home in original condition, the entry price is high, reflecting the land value and neighborhood prestige rather than the current state of the structure.
Nestled on a quiet street in the highly sought-after Monta Loma neighborhood, 183 Thompson Square offers incredible potential for those ready to bring their vision to life. While this home needs some TLC and interior updates, it boasts wonderful outdoor features including a concrete paver driveway and beautiful mature landscaping. With the classic mid-century style, this 1300 sf home has a pleasing semi-open floor plan with 3 bedrooms and 2 bathrooms. With top-rated schools and serene parks just moments away, this is a rare opportunity to create your dream home in one of the area's most desirable communities. Don't miss out!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,302 | 1,696 | 33% |
| Lot Size | 6,100 | 5,550.5 | 56% |
| Price | $1.95M | $2.35M | 17% |
| Price per sq ft | $1.5K | $1.5K | 50% |
| Built year | 1956 | 1958 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 80 | 11% |
May 7, 2026
$1,950,000
Initial Listing