
Cupertino, California 95014
This High-Potential Development Asset is listed at $2,838,000, positioned below the $2,880,398 Fair Market Value by 1%. This acquisition provides $42,398 in Instant Equity for a property currently in Condition Rating 6. The primary value is the expansive ~16,178 sq ft level lot with permits in progress for a 4,668 sq ft luxury estate. Located in the elite Monta Vista High district with mountain views, this is a rare Value-Add opportunity for Luxury Home Builders or Owner-Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22645 San Juan Road Subject | $2,838,000* List Price | 2 | 1 | 1,042 | $2,764 | - |
A 10614 Merriman Road Sold | $2,900,000 | 3 | 1 | 1,047 | $2,770 | 0.2 mi |
B 21851 Almaden Avenue Sold | $2,900,000 | 2 | 1 | 1,109 | $2,615 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1937 and over 80 years old with no significant renovations. The listing is marketed as a development opportunity for a new luxury estate, focusing on land value and building permits rather than the existing unlivable structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16178, living area = 1042.
Situated in the prestigious Monta Vista enclave, the property offers access to top-tier schools and a serene, exclusive Cupertino Hills setting.
With permits in progress for a ~4,668 sq ft luxury residence and ADU, this lot offers a rare 'shovel-ready' opportunity to build a modern legacy estate.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =16178, other record lot size in square feet = 10660.
The property was recently sold within the past year on 2025-10-24. The sold price is $2,700,000.00.
The existing 1937 structure is small and dated, meaning the value is primarily in the land and requires a full redevelopment to realize its potential.
An exceptional opportunity to craft a legacy estate in Cupertino's most coveted Monta Vista enclave - where privacy, prestige, and top-tier Monta Vista school converge. Set on a ~16,178sq ft mostly level lot in the scenic Cupertino Hills. Currently in progress for new construction permits, the vision is a refined modern residence featuring ~3,867 sq ft of thoughtfully designed living space with 3 bedrooms and 3.5 bathrooms, complemented by a ~800 sq ft 3 bed, 3 bath attached ADU, maximize the total living area expands to ~4,668 sq ft across ~16,178 sq ft lot, delivering scale and versatility rarely found in this location. Tailored pathways to match your vision and timeline: 1.Acquire as-is for immediate ownership and complete design freedom. 2.Secure the land with seller-delivered, finalized building plans and permits - saving months and accelerating your build. 3.Own the land and partner with AL Homes to create your own design precision-built luxury home - modern, sustainable, and truly fitting your lifestyle move-in ready. Desirable location, strong investment potential, income opportunities, and a rare blend of privacy, exclusivity, community, and natural beauty. Reach out now!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 5% |
| Baths | 1.0 | 3.0 | 9% |
| Square foot | 1,042 | 2,177 | 2% |
| Lot Size | 16,178 | 7,597 | 93% |
| Price | $2.84M | $3.40M | 15% |
| Price per sq ft | $2.7K | $1.5K | 96% |
| Built year | 1937 | 1969 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 85 | 2% |
Apr 2, 2026
$2,838,000
Initial Listing
Oct 24, 2025
$2,700,000
Public Record