2516 Parkland Court, Santa Clara, California 95051, Santa Clara, 95051 - 6 bed, 4 bath
ACTIVE$1,990,000$2,240/sqft
Est. Value: $2,112,819
6%
BelowEstimate
2516 Parkland Court, Santa Clara, California 95051
6Beds
4Baths
2,240Sqft
4,912Lot
Price Vs. Estimate
The estimated value ($2,112,818.575) is $122,818.575 (6%) higher than the list price ($1,990,000). This property may be underpriced.
Key pros and cons
Top Pros:
Exceptional Income Potential & Flexible Living: The property features a main house, an attached Junior ADU (JADU), and a detached ADU, providing multiple independent living spaces ideal for rental income, multi-generational living, or a combination of both.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4912, other record lot size in square feet = 8400. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2240, other record living area = 1540. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
Compared to the nearby listings
Price:$1.99M vs avg $2.23M ($-235,000)40%
Size:2,240 sqft vs avg 1,568.5 sqft87%
Price/sqft:$888 vs avg $1.4K6%
More Insights
Built in 1954 (72 years old).
Condition: Despite being built in 1954, the property has undergone an extensive and very recent renovation, likely within the last 5 years. All visible components, including the kitchens, bathrooms, flooring, light fixtures, and appliances, are new, modern, and meet current quality standards. The addition of a JADU and detached ADU further indicates significant recent construction/renovation, resulting in a virtually new interior and exterior condition with no deferred maintenance.
Year Built
1954
Close
-
List price
$1.99M
Original List price
$1.99M
Price/Sqft
$888
HOA
-
Days on market
-
Sold On
-
MLS number
ML82030859
Home ConditionExcellent
Features
View-
About this home
Welcome to this versatile property offering 6 bedrooms and 4 bathrooms, featuring a 3-bedroom, 3-bathroom main house with an attached Junior ADU (JADU) and a detached 2-bedroom, 1-bathroom ADU. With multiple independent living spaces, this property offers flexible owner-occupancy and income opportunities. Located in a quiet and convenient Silicon Valley neighborhood, just minutes from major tech employers including NVIDIA, Apple, and Alphabet, as well as shopping, dining, and easy freeway access. A rare opportunity combining flexible living configuration, income potential, and a highly desirable Silicon Valley location.
M
Mona Wang
Listing Agent
Nearby schools
6/10
Bracher Elementary School
Public,•K-5•0.3mi
6/10
Juan Cabrillo Middle School
Public,•6-8•0.9mi
7/10
Adrian Wilcox High School
Public,•9-12•0.4mi
Price History
Date
Event
Price
10/31/24
Sold
$1,450,000
03/08/22
Sold
$1,589,000
10/06/21
Sold
$1,000,000
Condition Rating
Excellent
Despite being built in 1954, the property has undergone an extensive and very recent renovation, likely within the last 5 years. All visible components, including the kitchens, bathrooms, flooring, light fixtures, and appliances, are new, modern, and meet current quality standards. The addition of a JADU and detached ADU further indicates significant recent construction/renovation, resulting in a virtually new interior and exterior condition with no deferred maintenance.
Pros & Cons
Pros
Exceptional Income Potential & Flexible Living: The property features a main house, an attached Junior ADU (JADU), and a detached ADU, providing multiple independent living spaces ideal for rental income, multi-generational living, or a combination of both.
Prime Silicon Valley Location: Situated in a highly desirable Silicon Valley neighborhood, offering close proximity to major tech employers like NVIDIA, Apple, and Alphabet, ensuring strong demand and potential for appreciation.
Convenient Neighborhood Amenities: Located in a quiet neighborhood with easy access to shopping, dining, and major freeways, enhancing daily convenience and overall lifestyle.
Access to Well-Rated Schools: The property benefits from proximity to well-rated public schools, including Adrian Wilcox High (7/10), Bracher Elementary (6/10), and Juan Cabrillo Middle (6/10), making it attractive to families.
Strong Market Appreciation Trend: The sales history indicates a robust appreciation trend in recent years within this market, suggesting a strong investment potential for future value growth.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4912, other record lot size in square feet = 8400. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2240, other record living area = 1540. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
Older Construction (Year Built 1954): Built in 1954, the main house may require significant updates or renovations to meet modern aesthetic and functional standards, potentially incurring additional costs for the buyer.
Modest Lot Size: The 4912 sqft lot is relatively small for a property with 6 bedrooms and multiple independent units, which could limit outdoor living space or future expansion possibilities.
High Entry Price Point: The $1.99M list price represents a significant investment, which, while typical for the Silicon Valley market, might limit the pool of potential buyers, especially considering the age of the original structure.