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19251 Phil Lane, Cupertino, California 95014, Cupertino, 95014 - 3 bed, 2 bath

19251 Phil Lane, Cupertino, California 95014 home-pic-0
ACTIVE$2,250,000
19251 Phil Lane, Cupertino, California 95014
3Beds
2Baths
1,032Sqft
6,100Lot
Year Built
1954
Close
-
List price
$2.25M
Original List price
$2.25M
Price/Sqft
$2,180
HOA
-
Days on market
-
Sold On
-
MLS number
ML82000981
Home ConditionTear down
Features
View-

About this home

Possibly Over-Priced:The estimated price is 14% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.25M(4th), sqft - 1032(2th), beds - 3(29th), baths - 2(24th).

READY TO BUILD YOUR DREAM HOME IN CUPERTINO WITH WALKING DISTANCE TO ELEMENTARY AND HIGH SCHOOL? Why compete with buyers on pre-made home when you can build your own luxurious retreat within the City of Cupertino! Welcome to my listing at 19251 Phil Ln, Cupertino, CA 95014. It comes with a blueprint consisting of a 2-story SFR main house, an attached ADU and a 2-car garage. Both 1st floor and 2nd floor have high ceilings between 9 - 10ft in height allowing an abundance of light filtering into & warm your home. Similar homes sold nearby are approx $4M+, so come see the potential and plan your roots and future with top-tier Cupertino schools. ***BLUEPRINT CLARIFICATION*** The 2-story main house is 4 bedrooms, 3.5 bathrooms and the living space is 2,299 SqFt. The attached ADU is 2 bedrooms, 1 bathroom and 705 SqFt. Thus the total SqFt is 3,004 SqFt. The blueprint/plan is not submitted to the City of Cupertino. Buyer will take over the plan and work with the architect, 61 Studio for permit submission.

Condition Rating
Tear down
The property, built in 1954, is explicitly marketed as a 'READY TO BUILD YOUR DREAM HOME' opportunity, with blueprints provided for a new 3,004 sqft residence. The existing structure is severely outdated, as evidenced by the images showing an extremely old kitchen with original-era appliances and cabinetry, dated bathrooms, worn carpets, and popcorn ceilings. The overall condition suggests the current house is unlivable by modern standards and its value is solely in the land for redevelopment, aligning perfectly with the 'tear-down' criteria.
Pros & Cons

Pros

Prime Cupertino Location: Highly desirable location in Cupertino with walking distance to top-tier elementary and high schools, a significant draw for families.
Custom Build Opportunity: Offers a unique opportunity to build a custom, luxurious dream home tailored to the buyer's preferences in a competitive market.
Comprehensive Blueprint Included: Comes with a detailed blueprint for a spacious 2-story main house (4 beds, 3.5 baths, 2,299 SqFt) and an attached ADU (2 beds, 1 bath, 705 SqFt), totaling 3,004 SqFt.
High-Quality Design Features: The proposed blueprint includes high ceilings (9-10ft) on both floors, designed to maximize natural light and create an open, airy living environment.
Significant Upside Potential: Similar completed homes in the vicinity are selling for approximately $4M+, suggesting substantial equity growth potential for the buyer upon successful construction.

Cons

Unapproved Plans & Permit Risk: The blueprint is not yet submitted to the City of Cupertino, placing the responsibility, cost, and potential delays of permit submission and approval entirely on the buyer.
Substantial Additional Investment Required: The listed price is for the land and plans; buyers must be prepared for significant additional costs for demolition (if applicable), construction, and project management to complete the home.
Extended Timeline to Occupancy: This is a 'ready to build' opportunity, meaning a considerable construction period is required before occupancy, delaying move-in and incurring carrying costs during the build phase.

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