2261 Central Park Drive, Campbell, California 95008, Campbell, 95008 - 4 bed, 2 bath
2261 Central Park Drive
Campbell, California 95008
Property Price
SUMMARY
Analysis of 2261 Central Park Drive, Campbell, California 95008 reveals a Prime Investment Opportunity with a current list price of $1,688,000—significantly undercutting the $1,748,741 Fair Market Value by 3%. This valuation gap indicates a +$60,741 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Campbell Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1961, this 'well-loved' home is well-maintained but retains many dated features consistent with its age. While the property shows pride of ownership and functional living spaces, the kitchen and bathrooms lack modern renovations, featuring older appliances and traditional fixtures. The flooring and overall aesthetic suggest the home has not undergone a comprehensive update in over 20 years, making it a prime candidate for modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Campbell Location
Situated in a highly desirable neighborhood near Downtown Campbell and The Pruneyard, the property offers exceptional access to premier dining, boutiques, and the Los Gatos Creek Trail.
- Versatile Floor Plan
The layout includes a rare downstairs bedroom and full bath, providing ideal flexibility for multi-generational living, guests, or a dedicated home office.
- Highly Rated Schools
The home is served by a strong school cluster, including Branham High and Bagby Elementary, which consistently drives long-term property value and appeal for families.
CONSRISKS & DEFICIENCIES
- Potential for Modernization
Built in 1961 and described as 'well-loved,' the interior likely requires significant cosmetic or structural updates to meet the expectations of modern luxury buyers.
- Compact Bedroom Proportions
With four bedrooms distributed across 1,687 square feet, individual room sizes may feel constrained compared to newer builds with larger footprints.
About 2261 Central Park Drive
Welcome to 2261 Central Park Dr, located in a desirable Campbell neighborhood. Set along wide, tree-lined streets in a quiet residential pocket, this home offers the kind of setting buyers consistently seek. Mature landscaping, pride of ownership & a strong sense of community. The location alone makes it a compelling opportunity. This well-loved home offers 4 Beds, 2 Baths, 1,687 SF on a generous 6,600 SF lot. Functional and flexible floor plan. The spacious living room is anchored by a classic fireplace, great natural light & a sliding door that opens to the lush backyard for indoor-outdoor living. The kitchen includes a cozy breakfast nook for comfortable everyday living. A downstairs bed & full bath provide versatility for guests or extended living. 3 upstairs good-sized beds & full bath, creating a thoughtful separation between living & private spaces. The beautiful backyard offers mature privacy trees, lawn space & fruit trees. Highly regarded Bagby Elem, Price Middle & Branham High. Moments away from Downtown Campbell & The Pruneyard, home to exceptional restaurants, boutiques & entertainment. Close proximity to Los Gatos Creek Trail, parks & recreational options. Easy access to freeways & San Tomas Expy. A fantastic opportunity awaits in a prime Campbell location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- 6,600 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Campbell Unified Schools
Bagby Elementary School
Grades K-5 • 1.1 mi
Leigh High School
Grades 9-12 • 2.5 mi
Branham High School
Grades 9-12 • 2.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,687 | 1,693 | 49% |
| Lot Size | 6,600 | 6,750 | 47% |
| Price | $1.69M | $2.10M | 20% |
| Price per sq ft | $1.0K | $1.2K | 12% |
| Built year | 1961 | 1962 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 164 | 2% |
Pricing History
Listed for Sale
Mar 4, 2026
$1,688,000
Initial Listing