
San Jose, California 95119
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $1,499,888—positioned well below the $1,522,367 Fair Market Value by 1.5%. This valuation gap offers $22,479 in Instant Equity. With a Condition Rating of 4, the home features updated copper plumbing and HVAC, while offering room for cosmetic modernization. Residents enjoy exclusive access to the Rancho Santa Teresa Swim & Racquet Club. This is an ideal acquisition for Owner-Occupants seeking long-term value or first-time buyers prioritizing a prime, amenity-rich location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 277 Moraga Way Subject | $1,399,998* List Price | 4 | 3 | 2,124 | $686 | - |
A 279 Cresta Vista Way Sold | $1,400,000 | 4 | 2 | 1,652 | $847 | 0.2 mi |
B 269 Los Palmos Way Sold | $1,800,000 | 5 | 3 | 2,337 | $770 | 0.3 mi |
C 6489 San Anselmo Way Sold | $1,310,000 | 2 | 2 | 1,779 | $736 | 0.1 mi |
D 309 El Portal Way Sold | $1,576,000 | 4 | 2 | 2,017 | $781 | 0.3 mi |
E 243 Moselle Ct Sold | $1,100,000 | 4 | 2 | 1,308 | $841 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, the home is well-maintained but aesthetically dated. While systems like copper plumbing and the water heater are newer (5 years), the kitchen's ceramic tile countertops and oak cabinetry, along with interior features like popcorn ceilings and dated wallpaper, indicate the last major renovation was over 20 years ago.
Residents benefit from the highly desirable Rancho Santa Teresa Swim & Racquet Club, offering three pools, tennis and pickleball courts, and a clubhouse, fostering a strong sense of community for a low monthly fee.
The generous 2,124 sq. ft. floor plan includes walk-in closets in all four bedrooms and an oversized two-car garage, providing exceptional storage and functional space rarely found in homes of this vintage.
The home features significant high-value improvements, including five-year-old copper plumbing, a newer water heater, and central air conditioning, offering immediate comfort and reducing near-term maintenance costs.
The presence of ceramic countertops and 1970s-era styling suggests the property may require cosmetic modernization to align with contemporary luxury standards and maximize its market value.
While the local high school is highly rated at an 8/10, the assigned elementary and middle schools have more moderate ratings, which may be a consideration for families prioritizing top-tier primary education.
Tremendous upside potential for this tri-level home sitting on a prime location near the Santa Teresa Hills! The kitchen was designed with a eye for enjoying the lush landscaping while dining & cooking & the large deck is perfect for BBQ's. The spacious family room adjoining the kitchen features a fireplace, providing a cozy gathering space. The separate formal dining room and large living room offer a perfect place to entertain & celebrate those special occasions. The primary suite includes a walk-in closet and an upgraded private bathroom with a stall shower. Additional bathrooms feature solid surface finishes and a half bath is located on the ground floor for convenience. Central forced air gas heating & central AC provide climate control. The laundry is conveniently situated inside with newer washer/dryer The home includes an oversized two-car garage and is within the high scoring Santa Teresa Elem, Bernal Middle & S.T High School boundaries. Stroll to the local Swim & Tennis Club, take a walk on nearby hiking trails, visit the library, nearby parks & golf course, shop at many local stores including Costco or visit a doctor at Kaiser Medical! Commuters will appreciate the easy access to the light rail, Highways 85/87/101, and Cal Train! Fun times await for you to enjoy!
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.7 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,124 | 1,706.046 |
| Lot Size | 6,000 | 6,261.966 |
| Price | $1.40M | $1.68M |
| Price per sq ft | $659 | $979 |
| Built year | 1972 | 1965 |
| HOA | $50.0 | $200 |
| Days on market | 56 | 37 |
Sep 4, 2026
$1,399,998
$1,499,888
-7% Price Drop
Initial Listing
Jul 15, 2026
$1,499,888
Initial Listing