188 Terraine Street, San Jose, California 95110, San Jose, 95110 - 3 bed, 3 bath
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188 Terraine Street
San Jose, California 95110
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,635Sq Ft
0Lot Size
Property Price
LIST PRICE$1,060,000
EST. MARKET VALUE
$1,130,917
6% BelowMARKET VALUE
SUMMARY
This modern townhouse represents a Strong Value Opportunity, listed at $1,060,000—positioned well below the $1,130,918 Fair Market Value by 6%. This valuation gap provides $70,918 in Instant Equity for the buyer. Featuring a Condition Rating of 2, this 2020-built home offers a Triple-Ensuite Layout and a Chef's Kitchen with quartz finishes. Its prime downtown location near major tech hubs makes it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey, high-yield asset.
Estimated Market Value
$1,130,917+$70,917 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 188 Terraine Street Subject 3 bd · 3 ba · 1,635 sqft · $692 | $1,060,000* List Price | 3 | 3 | 1,635 | $692 | - |
A 44 Ryland Park Drive Sold 3 bd · 3 ba · 1,697 sqft · $666 · 0.3 mi | $1,130,000 | 3 | 3 | 1,697 | $666 | 0.3 mi |
B 98 Ryland Park Drive Sold 2 bd · 3 ba · 1,697 sqft · $631 · 0.3 mi | $1,070,000 | 2 | 3 | 1,697 | $631 | 0.3 mi |
C 186 Nexus Loop Active 2 bd · 3 ba · 1,478 sqft · $608 · 0.1 mi | $899,000 List Price | 2 | 3 | 1,478 | $608 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2020, this property is less than 5 years old and in mint condition. It features a modern chef's kitchen with quartz countertops and premium appliances, contemporary bathrooms, and updated systems including independent climate control on every level.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Silicon Valley Location
Situated in the heart of Downtown San Jose, this property offers unparalleled walkability to major tech hubs like Adobe and Zoom, as well as premier dining and transit options including San Pedro Square and Caltrain.
- Versatile Triple-Ensuite Layout
The rare floor plan features three full ensuite bedrooms, including a flexible ground-floor suite that is ideal for multi-generational living, a private home office, or generating rental income to offset mortgage costs.
- Modern High-End Construction
Built in 2020, the home features contemporary 10-foot ceilings, energy-efficient multi-zone climate control, and a rare side-by-side two-car garage, providing the luxury and convenience of nearly new construction.
CONSRISKS & DEFICIENCIES
- Market Value Volatility
The current list price of $1.06M is significantly lower than the previous 2024 sale price of $1.24M, suggesting a potential correction in local townhouse valuations or an aggressive pricing strategy to spark a bidding war.
- Urban Density and Noise
Being located in a high-density downtown corridor near the SAP Center and major transit lines, the property lacks private outdoor yard space and may experience higher levels of urban noise and traffic.
About 188 Terraine Street
Downtown Luxury Meets Ultimate Convenience in Modern San Jose Townhouse! Built in 2020, this light-filled modern home offers the ultimate Silicon Valley lifestyle. Boasting 10-foot soaring ceilings, sleek engineered hardwood flooring, and brand-new carpets throughout, this property shines with high-end craftsmanship. The chefs kitchen features a massive quartz island, European-style cabinetry, and premium appliances, which is perfect for cooking and entertaining. Exceptional triple-ensuite layout includes two spacious suites on the third floor and a versatile first-floor suite with a full bath, ideal for guests, home office, or high-yield rental income to offset your mortgage. Enjoy independent climate control on every level and a rare side-by-side two-car attached garage. Unbeatable location just minutes from San Pedro Square, Whole Foods, Trader Joe's, SAP Center, Caltrain, and tech giants like Adobe, TikTok, Zoom, and NVIDIA. A true Silicon Valley starter dream home!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2020
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $368.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,635 | 1,448.469 |
| Lot Size | - | 1,326.75 |
| Price | $1.06M | $970.7K |
| Price per sq ft | $648 | $657 |
| Built year | 2020 | 1997 |
| HOA | $368.0 | $424 |
| Days on market | 8 | 43 |
Pricing History
Listed for Sale
Oct 16, 2026
$1,060,000
Initial Listing
Sold
Jul 5, 2024
$1,240,000
Public Record
Sold
Nov 18, 2020
$1,210,500
Public Record