2645 Rebeiro Avenue, Santa Clara, California 95051, Santa Clara, 95051 - 3 bed, 2 bath
Loading property details...
Santa Clara, California 95051
This Prime Development Asset is listed at $2,198,888, reflecting the premium land value of this centrally located Santa Clara site. While the $1,799,077 Fair Market Value accounts for the existing 1954 structure, the property offers immense upside through its Fair Condition Rating and submitted conceptual plans for a 2,819 sq. ft. modern home. Situated on a 5,292 sq. ft. lot near major tech campuses and Sutter Elementary, this property is a premier canvas for new construction. This strategic acquisition is ideal for Builders or Investors.
Property is land value only, full reconstruction required.
The property is marketed as a prime development opportunity for builders and investors, with the list price reflecting land value in Santa Clara. The listing explicitly states that all interior and exterior images provided are AI-generated renderings of a proposed 2,819 sq. ft. residence and do not represent the current condition of the 1954 structure. The existing 1,166 sq. ft. home is positioned as a candidate for demolition to make way for new construction, fitting the criteria where value is based primarily on the land and development potential.
Centrally located in a highly desirable Santa Clara neighborhood near major tech campuses and key commute routes, offering exceptional long-term value and convenience.
Conceptual plans for a 2,819 sq. ft. modern residence have already been submitted to the city, providing a head start for buyers looking to build a custom luxury home.
Surrounded by established, high-value homes, the property offers a strong investment foundation with a high ceiling for resale value after renovation or reconstruction.
The property was recently sold within the past year on 2025-08-04. The sold price is $1,700,000.00.
The list price of nearly $2.2M for a modest 1,166 sq. ft. structure built in 1954 reflects land value, making it a high-cost entry point for a project property.
As a primary candidate for teardown or major renovation, the property requires significant additional capital and time for construction beyond the initial purchase price.
Opportunities like this dont come up often in Santa Clara. This is an exceptional opportunity for buyers, builders, or investors to create a custom home in one of Santa Claras most desirable and centrally located neighborhoods. Surrounded by high-value homes. This property offers the flexibility to renovate the existing home or explore a new construction vision. Conceptual plans have been submitted to the City of Santa Clara for a thoughtfully designed two-story residence featuring approximately 2,819 sq. ft. of living space with 4 bedrooms and 3 bathrooms. The existing home includes 3 bedrooms, 2 bathrooms, and approximately 1,166 sq. ft. on a 5,292 sq. ft. lot, providing a functional layout for renovation or expansion. Surrounded by established homes and located near major tech campuses, shopping, and key commute routes, this property presents a compelling opportunity to invest in a high-demand Silicon Valley location with long-term potential. Renderings are AI-generated and provided for illustrative purposes only. They are intended to showcase possible design concepts and do not represent approved plans or the current condition of the property. Buyers to verify all permits, plans, and development potential with the City of Santa Clara.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,166 | 1,569 | 16% |
| Lot Size | 5,292 | 6,000 | 25% |
| Price | $2.20M | $2.20M | 50% |
| Price per sq ft | $1.9K | $1.4K | 96% |
| Built year | 1954 | 1958 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 107 | 4% |
Mar 24, 2026
$2,198,888
Initial Listing
Aug 4, 2025
$1,700,000
Public Record
Sep 1, 1998
$111,000
Public Record