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2498 Raleigh Drive, San Jose, California 95124, San Jose, 95124 - 4 bed, 2 bath

2498 Raleigh Drive, San Jose, California 95124 home-pic-0
ACTIVE$2,200,000
2498 Raleigh Drive, San Jose, California 95124
4Beds
2Baths
1,573Sqft
7,548Lot

Price Vs. Estimate

The estimated value ($2,046,897.335) is $153,102.665 (6%) lower than the list price ($2,200,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7548, living area = 1573.
Top Cons:
High Price Point: The list price of $2.2 million represents a significant investment, potentially narrowing the pool of eligible buyers despite the extensive renovations and prime Silicon Valley location.

Compared to the nearby listings

Price:$2.20M vs avg $2.05M (+$150,000)62%
Size:1,573 sqft vs avg 1,574 sqft49%
Price/sqft:$1.4K vs avg $1.2K78%

More Insights

Built in 1964 (61 years old).
Condition: This property has undergone a recent and complete renovation, transforming the 1964-built home into a virtually new condition. It features a designer kitchen with high-end Wolf & Bosch appliances, new bathrooms, new wide plank white oak flooring throughout, a brand new AC system, a full house electrical system, and new dual-pane windows. The roof was also replaced in 2020, all indicating extensive updates within the last 5 years, meeting current quality standards with no deferred maintenance.
Year Built
1964
Close
-
List price
$2.2M
Original List price
$1.95M
Price/Sqft
$1,399
HOA
-
Days on market
-
Sold On
-
MLS number
ML82022923
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

BOOKSIN ELEM! EXQUISITELY REMODELED 4 BEDROOM STUNNER LOCATED IN THE PRESTIGIOUS DOERR PARK NEIGHBORHOOD. THE HOME RECENTLY UNDERWENT A COMPLETE RENOVATION OVERSEEN BY ONE OF THE BAY AREA'S PREMIER DESIGN/BUILD TEAMS. FEATURING A BEAUTIFUL DESIGNER KITCHEN W/ HIGH-END S/S WOLF & BOSCH APPLIANCES, AMPLE COUNTERSPACE, ADD'T FLOOR TO CEILING PANTRY CABINETRY & BREAKFAST NOOK PERFECT FOR MORNING COFFEE OR TEA. THE SPACIOUS INTERIOR OFFERS A FLEXIBLE FLOORPLAN FOR ALL LIFESTYLES W/ 4 BEDROOMS & 2 LIVING AREAS OR A FORMAL DINING ROOM, ALL W/ NEW WIDE PLANK WHITE OAK FLOORS THROUGHOUT. THE HOUSE IS SITUATED ON AN OVERSIZED LOT W/ A BRAND-NEW GRASS & LANDSCAPING W/ AN ALL NEW IRRIGATION & DRIP SYSTEM. IT'S JUST A SHORT DISTANCE TO DOERR PARK (PERFECT FOR EXERCISE AND PLAY), AS WELL AS TOP-RATED PRIVATE & PUBLIC SCHOOLS INCLUDING COVETED BOOKSIN ELEMENTARY. OTHER UPGRADES INCLUDE BRAND NEW AC, FULL HOUSE ELECTRICAL SYSTEM, NEW BATHROOMS, ALL NEW DUAL PANE WINDOWS, NEWER ROOF (2020) & MORE. THE PROPERTY IS CENTRALLY LOCATED WITHIN THE SOUGHT-AFTER WILLOW GLEN/CAMBRIAN COMMUNITIES, CLOSE TO PREMIER SHOPPING, TRAILS, HIGH-TECH COMPANIES & MAJOR HIGHWAYS 280, 880, 85 + 17. COMPLETELY TURNKEY & MOVE-IN READY; HOME IS LOCATED IN ONE OF SILICON VALLEY'S MOST DESIRABLE NEIGHBORHOODS

Condition Rating
Excellent
This property has undergone a recent and complete renovation, transforming the 1964-built home into a virtually new condition. It features a designer kitchen with high-end Wolf & Bosch appliances, new bathrooms, new wide plank white oak flooring throughout, a brand new AC system, a full house electrical system, and new dual-pane windows. The roof was also replaced in 2020, all indicating extensive updates within the last 5 years, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7548, living area = 1573.
Comprehensive Renovation: The property has undergone a complete, high-quality renovation overseen by a premier design/build team, making it turnkey and move-in ready with significant system upgrades including new AC, electrical, bathrooms, dual-pane windows, and a newer roof (2020).
Gourmet Designer Kitchen: Features a beautiful designer kitchen equipped with high-end Wolf & Bosch stainless steel appliances, ample counter space, floor-to-ceiling pantry cabinetry, and a breakfast nook.
Premium Location & Schools: Situated in the prestigious Doerr Park neighborhood, offering access to top-rated Booksin Elementary and centrally located within the sought-after Willow Glen/Cambrian communities, close to high-tech companies, shopping, trails, and major highways.
Generous & Landscaped Lot: The home is situated on an oversized 7,548 sqft lot with brand-new grass and landscaping, complete with an all-new irrigation and drip system, enhancing curb appeal and outdoor living.
Flexible & Modern Interior: The interior offers a flexible 4-bedroom floorplan with two living areas or a formal dining room, all featuring new wide plank white oak floors throughout, catering to diverse lifestyle needs.

Cons

High Price Point: The list price of $2.2 million represents a significant investment, potentially narrowing the pool of eligible buyers despite the extensive renovations and prime Silicon Valley location.
Modest Interior Square Footage: With 1,573 sqft for four bedrooms, the interior living space may be considered modest by some buyers, particularly given the high price per square foot in this market.
Recent Price Adjustment: The property experienced a notable price increase from its original listing of $1.948 million to $2.2 million, which might prompt buyer scrutiny regarding valuation or market strategy.

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