2084 Alameda Way, San Jose, California 95126, San Jose, 95126 - 3 bed, 3 bath
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San Jose, California 95126
This Modernized Historic Residence is a Prime Investment Opportunity, listed at $2,048,800—positioned well below the $2,124,336 Fair Market Value by 3%. This valuation gap offers $75,536 in Instant Equity. Boasting a Mint Condition Rating, the home features a newly built wine cellar, designer wet bar, and expansive front patio. The 8,276 sqft lot provides significant upside via ADU development and potential condo conversion under AB1033. Located in the San Jose Unified district, this is a sophisticated choice for Owner-Occupants or Buy-and-Hold Investors.
Property is new construction or fully renovated.
Despite being built in 1910, the property has undergone extensive recent renovations including fully transformed bathrooms with new tile and fixtures, a new designer wet bar with quartz counters, and a newly built wine cellar. The interior features fresh paint, designer lighting, and high-end finishes throughout, placing it in the mint condition category for a recent renovation.
The generous 8,276 sqft lot provides ample space for a detached ADU with a separate entrance, offering significant value-add potential through AB1033 ADU-to-condo conversion.
Built in 1910, this home seamlessly blends classic character with luxury modern upgrades, including a newly built wine cellar, designer wet bar, and fully transformed bathrooms.
Ideally situated minutes from Santa Clara University, Santana Row, and Valley Fair, providing exceptional access to high-end shopping, dining, and major commuter routes like HWY 880.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8276, other record lot size in square feet = 8500.
Despite extensive updates, the 1910 construction year may present underlying maintenance challenges or structural complexities common in century-old properties.
At a list price of over $2M for a 3-bedroom layout, the property represents a premium investment that may face competition from larger-capacity homes in the same price bracket.
Rare opportunity in the heart of San Jose! Welcome to 2084 Alameda Way, where classic character meets modern luxury and incredible investment potential. Spanning over 2,305 sqft. on a generous 8,276 sqft lot, this extensively updated home offers a versatile floor plan designed for comfort and growth. The main level features an open living/dining area flowing into a separate family room with a fireplace and designer wet bar. The bar boasts new quartz counters, matching backsplash, custom cabinetry, and premium appliances. Luxury additions include a newly built wine cellar. Bathrooms are fully transformed with new tile, vanities, and fixtures. High ceilings and crown molding perfectly complement modern upgrades like fresh interior paint and designer lighting. The massive backyard presents a rare development play with ample space for a detached ADU with a separate entrance. Per AB1033, explore the potential for an ADU-to-condo conversion, offering the possibility to sell the ADU as a separate unit later. Enjoy multiple balconies and an expansive front patio just minutes from Santa Clara University, Valley Fair, Santana Row, and Downtown San Jose. With easy access to HWY 880, this property is an unbeatable commuters delight and a savvy investment. Your future starts here!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.5 | 50% |
| Square foot | 2,305 | 1,564.5 | 72% |
| Lot Size | 8,276 | 5,525 | 83% |
| Price | $2.05M | $1.64M | 67% |
| Price per sq ft | $889 | $1.0K | 11% |
| Built year | 1910 | 1936 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 101 | 6% |
May 7, 2026
$2,048,800
Initial Listing
Apr 1, 2025
$1,700,000
Public Record
May 10, 2002
$860,000
Public Record
Dec 13, 2001
$675,000
Public Record
Nov 2, 1995
$270,000
Public Record