209 Beegum Way, San Jose, California 95123, San Jose, 95123 - 3 bed, 2 bath
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San Jose, California 95123
This Value-Add Residential Asset is listed at $1,098,000, representing a project-ready opportunity with a Poor Condition Rating. While the list price is positioned above the $1,022,958 Fair Market Value, the property’s intrinsic worth is driven by an expansive 10,200 sq ft lot offering significant ADU potential and expansion upside. Located near Santa Teresa High School and Miner Elementary with immediate access to Highway 87, the 1963 structure requires a comprehensive rehab to modernize its systems. This is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking to build equity through forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 209 Beegum Way Subject | $1,098,000* List Price | 3 | 2 | 1,237 | $827 | - |
A 358 Conestoga Way Active | $1,250,000 List Price | 4 | 2 | 1,688 | $741 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1963 and largely in original condition, this property shows significant signs of neglect and unfinished projects. Interior photos reveal missing cabinet doors/drawers in the bathroom, exposed drywall/unpainted patches in multiple rooms, dated kitchen fixtures, and popcorn ceilings. The listing description explicitly targets contractors and investors for a full rehab, confirming the need for major updates to systems and finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10200, living area = 1237.
The oversized 10,200 sq ft lot is a rare find in San Jose, providing significant space for future home expansion or the construction of a detached Accessory Dwelling Unit (ADU).
Ideally situated with immediate access to Highways 87 and 85, this property offers an efficient commute to Silicon Valley tech hubs and is within walking distance of local schools.
The home is in original 1963 condition and requires comprehensive interior and exterior updates, which will necessitate a substantial additional capital investment after purchase.
At just 1,237 sq ft, the current living space is relatively modest compared to the lot size, which may feel cramped for modern families until an expansion is completed.
Opportunity knocks! This home is situated on an expansive 10,200 sq ft lot with a 3-bedroom, 2-bath home in need of updating but offers incredible potential to add value. Ideal for contractors, investors, or buyers ready to bring their vision to life and build equity. The oversized lot offers endless possibilities to explore future expansion potential or possibly build an ADU. Enjoy easy access to Highways 87 and 85. Plus close proximity to schools and parks. This property offers comfort, convenience, and exceptional value, ideal for both long-term living and investment.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.2 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,237 | 1,633 | 15% |
| Lot Size | 10,200 | 6,120 | 93% |
| Price | $1.10M | $1.55M | 1% |
| Price per sq ft | $888 | $924 | 34% |
| Built year | 1963 | 1968 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 100 | 1% |
Apr 15, 2026
$1,098,000
Initial Listing