22141 Wallace Drive, Cupertino, California 95014, Cupertino, 95014 - 3 bed, 2 bath
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Cupertino, California 95014
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $2,980,000—positioned above the $2,855,152 Fair Market Value. While currently priced at a premium, the property features a Good Condition Rating with a modernized Granite Kitchen and Hardwood Floors. The massive 9,375 SF lot and included rebuild design plan offer significant long-term value-add potential. Located near Top-Rated Schools like West Valley Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prime Cupertino location with future development upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22141 Wallace Drive Subject | $2,980,000* List Price | 3 | 2 | 1,531 | $1,865 | - |
A 22051 Hibiscus Drive Sold | $2,600,000 | 3 | 1 | 1,506 | $1,726 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1952, the property has undergone significant renovations likely within the last 5-15 years. The kitchen features granite countertops and stainless steel appliances, bathrooms are remodeled, and the home includes dual-pane windows and hardwood floors. It is well-maintained and move-in ready, fitting the 'Good' criteria despite the listing mentioning future rebuild potential.
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 = 1531.
Elementary School: West Valley Elementary School (9/10).
The property is ideally situated on the Cupertino/Los Altos border, within walking distance to West Valley Elementary, Cupertino Middle, and Homestead High, as well as popular amenities like Trader Joe's and Starbucks.
The property was recently sold within the past year on 2025-07-17. The sold price is $2,325,000.00.
Originally built in 1952, the home's core infrastructure is over 70 years old, which may necessitate ongoing maintenance or significant upgrades despite recent cosmetic renovations.
At a list price of nearly $3M for 1,531 square feet of living space, the property commands a significant premium that is heavily weighted toward land value and future potential rather than the current dwelling.
Located on border of Cupertino/ Los Altos/Sunnyvale, 9,375 SF lot size offers exceptional space, flexibility, and future potential. Solidly built house, updating includes a modernized kitchen with granite countertop, remolded bathrooms, dual panel windows, hardwood floor throughout, a bonus 283 SF Sunroom and a 1,438 SF detached 4-car garage. Come to feel the quality of construction throughout the home. Easy access to Highways 85 and 280, major tech campuses, downtown Los Altos, shopping and dining options. Walking to top-rated Cupertino schools, Trader Joe's, Starbucks, and Peet's Coffee. A rebuild design plan for a new two-story home featuring 4 bedrooms + loft and approximately 3,792 sq ft is available for the next owner.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.4 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 | 37% |
| Baths | 2.0 | 3.0 | 42% |
| Square foot | 1,531 | 2,167.5 | 18% |
| Lot Size | 9,375 | 7,897 | 63% |
| Price | $2.98M | $3.45M | 20% |
| Price per sq ft | $1.9K | $1.7K | 73% |
| Built year | 1952 | 1969 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 102 | 2% |
May 14, 2026
$2,980,000
Initial Listing
Jul 17, 2025
$2,325,000
Public Record
Oct 18, 2000
$750,000
Public Record