
Cupertino, California 95014
This property presents a High-Potential Investment Opportunity with a List Price of $2,398,000, which aligns with the $2,398,000 Fair Market Value. While the home carries a Condition Rating of 6, it offers significant upside through its 9,375 sqft lot and ready-to-build plans for a 3,791 sqft residence. Located near top-rated schools like West Valley Elementary, this asset provides a rare development play in a prime Cupertino pocket. It is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking to execute a luxury custom rebuild.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22081 Caroline Drive Subject | $2,398,000* List Price | 3 | 2 | 1,416 | $1,694 | - |
A 10150 Hillcrest Road Sold | $3,100,000 | 3 | 2 | 1,723 | $1,799 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1952 (>50 years old) with no evidence of a comprehensive modern renovation. The listing explicitly markets the property as a rebuild opportunity, noting that plans for a new 3,791sf home are already prepared. Interior details like acoustic tile ceilings and window AC units indicate outdated systems and a structure that has reached the end of its functional lifespan relative to the land value.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9375, living area = 1416.
Elementary School: West Valley Elementary School (9/10).
Situated in a highly desirable pocket bordering Los Altos and Sunnyvale, the property offers walking distance to top-tier Cupertino schools including West Valley Elementary and Homestead High.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1416, other record living area = 1071. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The property was recently sold within the past year on 2025-09-19. The sold price is $2,388,000.00. The property was recently sold within the past year on 2025-09-18. The sold price is $2,260,000.00.
Built in 1952, the existing 1,416 sqft home is modest and likely requires extensive modernization or a complete teardown to meet contemporary luxury standards.
Adjusted new price!!! The best value property in Cupertino. This home sits in the heart of a quaint pocket neighborhood at the borders of Cupertino, Los Altos, and Sunnyvale. It features 3 bedrooms and 2 baths 1,416 square feet living space on a huge lot 9,375 square feet. This prime location provides easy access to Highways 280 & 85, foothill expressway, allowing you to avoid traffic. Short drive to top local tech companies, downtown Los Altos, shopping, dining, & more. Walk to top-rated Cupertino schools, Trader Joe's, Starbucks & Peet's Coffee. Make this your dream home and potential to expansion and rebuild. The plan to build a new two-story 3791sf is ready. The property can be sold with new build as well.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 35% |
| Baths | 2.0 | 3.0 | 40% |
| Square foot | 1,416 | 2,167.5 | 10% |
| Lot Size | 9,375 | 7,782.5 | 65% |
| Price | $2.40M | $3.50M | 3% |
| Price per sq ft | $1.7K | $1.7K | 57% |
| Built year | 1952 | 1969 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 122 | 110 | 63% |
Apr 9, 2026
$2,398,000
$2,580,000
-7% Price Drop
Initial Listing
Feb 12, 2026
$2,580,000
Initial Listing
Sep 19, 2025
$2,388,000
Public Record
Sep 18, 2025
$2,260,000
Public Record