
San Jose, California 95120
This property presents a High-Potential Investment Opportunity with a List Price of $1,250,000, positioned slightly above the $1,233,581 Fair Market Value. While the home carries a Condition Rating of 5, the expansive 42,253 sqft lot offers significant development potential for expansion or ADU construction. Located in the historic New Almaden hills with access to top-rated San Jose Unified schools, this asset provides a rare blend of rural privacy and long-term appreciation. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a custom renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21400 Bertram Road Subject 2 bd · 1 ba · 1,020 sqft · $1,209 | $1,250,000* List Price | 2 | 1 | 1,020 | $1,209 | - |
A 21300 Almaden Road Sold 0 bd · 1 ba · 1,101 sqft · $1,067 · 0.1 mi | $1,175,000 | 0 | 1 | 1,101 | $1,067 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1947, this 77-year-old cottage exceeds the 30-50 year threshold for a major rehab. The interior shows dated wood paneling and older fixtures, and the listing description emphasizes the land value and 'possibilities to update or expand,' suggesting that the primary systems and kitchen/baths require significant modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 42253, living area = 1020.
The property sits on nearly an acre of land with generous level grounds, offering a rare opportunity for significant expansion, ADU construction, or a complete custom rebuild in a high-value area.
Located in the prestigious New Almaden hills, the home offers a unique blend of rural privacy and community charm, with immediate access to top-rated schools and miles of trails at Almaden Quicksilver County Park.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =42253, other record lot size in square feet = 20400. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1020, other record living area = 988.
With only 1,020 square feet of living space and a single bathroom, the current configuration is quite modest for the price point and may require immediate expansion to suit modern family needs.
Built in 1947, the cottage likely requires substantial updates to its core systems and interior finishes to meet contemporary standards, adding to the overall investment cost.
Hidden in the hills of historic New Almaden is the kind of place people dream about finding and rarely do. Welcome to this charming 1947 cottage with two bedrooms, one bath, approx 200sf bonus room, 2 car garage, and an additional 25x20 detached garage/workshop, all on nearly an acre in a peaceful, private setting. Perched on a gentle knoll with generous level grounds offer possibilities to update or expand, and is surrounded by mature trees and natural beauty. Enjoy the charm of country living without sacrificing convenience, with highly rated Almaden schools, shopping, dining and major commute routes just minutes away. A short stroll brings you to historic La Forêt restaurant, while nearby Almaden Quicksilver County Park offers miles of hiking, biking and equestrian trails. Beyond its natural beauty, New Almaden is a community rich in history, neighborhood connections and cherished traditions. The local community club brings neighbors together for events including an Easter egg hunt, the New Almaden Days parade and Fourth of July celebrations. For those seeking privacy, character, usable land and a genuine sense of community, all within easy reach of Silicon Valley, this is a rare opportunity to enjoy the best of both worlds.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,020 | 1,721.238 |
| Lot Size | 42,253 | 6,271.145 |
| Price | $1.25M | $1.67M |
| Price per sq ft | $1.2K | $972 |
| Built year | 1947 | 1965 |
| HOA | $0 | $190 |
| Days on market | 16 | 38 |
Oct 8, 2026
$1,250,000
Initial Listing
Aug 2, 2012
$520,000
Public Record
Jan 14, 2011
$454,000
Public Record