
San Jose, California 95125
This Spacious Single-Story Estate represents a High-Potential Investment Opportunity, listed at $3,499,999—positioned well below the $3,599,198 Fair Market Value by 2%. This valuation gap provides $99,199 in Instant Equity. Featuring a 5th bedroom/studio with private entrance and a 3,734 sq ft footprint, the home maintains a Condition Rating of 4, signaling a need for modernization. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to customize a premier Dry Creek Estates residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1844 Arroyo Seco Drive Subject | $3,499,999* List Price | 4 | 4 | 3,734 | $964 | - |
A 2139 Cedarwood Lane Sold | $3,375,000 | 5 | 4 | 3,784 | $892 | 0.4 mi |
B 2259 Gundersen Drive Sold | $3,025,000 | 3 | 3 | 2,598 | $1,164 | 0.4 mi |
C 1870 Patio Drive Active | $3,775,000 List Price | 4 | 4 | 3,265 | $1,156 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1967, the home is well-maintained but shows significant dated elements including popcorn ceilings, blue carpeting, and older cabinetry. While the listing mentions a chef-style kitchen and luxury suite, the visual evidence of systems and finishes suggests renovations are likely over 20 years old, requiring modern updates to meet current market standards.
The property features a unique 5th bedroom/studio with a private entrance and bathroom, providing ideal flexibility for multi-generational living, a guest suite, or a high-end home office.
Situated in the highly sought-after Dry Creek Estates neighborhood, this residence offers a premier address known for its exclusivity and long-term value retention in the San Jose market.
Rarely available at over 3,700 square feet on a single level, the home offers an expansive and accessible layout that is highly desirable for both families and those looking to age in place.
Built in 1967 and marketed with 'endless potential,' the property likely requires significant capital investment to update its original systems and finishes to meet modern luxury standards.
With a large 3,734 sq ft building footprint on a 10,560 sq ft lot, the remaining outdoor space may feel constrained for buyers specifically seeking a sprawling backyard or extensive garden area.
An exceptional opportunity to own a sprawling single-story estate in the prestigious Cherry Acres neighborhood of San Jose. Boasting approximately 3,734 sq ft on an expansive 10,560 sq ft lot, this impressive residence offers 4 bedrooms, 3.5 bathrooms, plus a versatile 5th bedroom/studio option complete with its own private entrance and bathroom ideal for multi-generational living, guests, a private office, game room, or personal retreat. Designed for both comfortable living and entertaining, the home features fireplaces in both the formal living room and spacious family room, a chef-style kitchen, full indoor laundry room with sink, wet bar, and a luxurious primary en-suite. The picturesque front yard and expansive backyard provide the perfect setting for outdoor entertaining, relaxation, or future customization. A rare chance to own a premier property with exceptional space, flexibility, and endless potential in one of San Joses most desirable neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 53% |
| Baths | 4.0 | 2.0 | 81% |
| Square foot | 3,734 | 1,787 | 95% |
| Lot Size | 10,560 | 7,031 | 90% |
| Price | $3.50M | $2.05M | 88% |
| Price per sq ft | $937 | $1.2K | 17% |
| Built year | 1967 | 1956 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 115 | 3% |
May 14, 2026
$3,499,999
Initial Listing
Mar 31, 1998
$825,000
Public Record