2831 Monroe Street, Santa Clara, California 95051, Santa Clara, 95051 - 4 bed, 2 bath
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2831 Monroe Street
Santa Clara, California 95051
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,815Sq Ft
7,000Lot Size
Property Price
LIST PRICE$1,988,888
EST. MARKET VALUE
$2,071,933
4% BelowMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home represents a Strong Value Opportunity, listed at $1,988,888—positioned well below the $2,071,933 Fair Market Value by 4%. This valuation gap offers $83,045 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the property includes a fully permitted modern renovation, white oak luxury vinyl plank flooring, and a finished garage. Ideally located near NVIDIA, this home is a perfect fit for Tech Professionals or Owner-Occupants seeking a turnkey, high-end lifestyle in Santa Clara.
Estimated Market Value
$2,071,933+$83,045 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santa Clara.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2831 Monroe Street Subject 4 bd · 2 ba · 1,815 sqft · $1,142 | $1,988,888* List Price | 4 | 2 | 1,815 | $1,142 | - |
A 3069 Agate Drive Sold 4 bd · 3 ba · 1,873 sqft · $875 · 0.5 mi | $1,638,000 | 4 | 3 | 1,873 | $875 | 0.5 mi |
B 3158 Fowler Avenue Sold 4 bd · 3 ba · 1,534 sqft · $1,219 · 0.6 mi | $1,870,000 | 4 | 3 | 1,534 | $1,219 | 0.6 mi |
C 3024 Machado Avenue Sold 4 bd · 2 ba · 1,608 sqft · $1,150 · 0.2 mi | $1,850,000 | 4 | 2 | 1,608 | $1,150 | 0.2 mi |
D 3334 Marchese Court Sold 3 bd · 3 ba · 1,455 sqft · $1,271 · 0.6 mi | $1,850,000 | 3 | 3 | 1,455 | $1,271 | 0.6 mi |
E 3417 Cooper Drive Sold 4 bd · 3 ba · 1,874 sqft · $1,297 · 0.7 mi | $2,430,000 | 4 | 3 | 1,874 | $1,297 | 0.7 mi |
F 1402 Alpine Avenue Sold 3 bd · 3 ba · 2,060 sqft · $1,165 · 0.9 mi | $2,400,000 | 3 | 3 | 2,060 | $1,165 | 0.9 mi |
G 2640 Monroe Street Active 3 bd · 2 ba · 1,742 sqft · $1,262 · 0.2 mi | $2,199,000 List Price | 3 | 2 | 1,742 | $1,262 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive, fully permitted modern renovation within the last 5 years. It features a brand-new open-concept kitchen with a waterfall quartz island, completely updated contemporary bathrooms with dual showerheads, new white oak luxury vinyl plank flooring, recessed lighting, and a freshly updated exterior and garage. The home is in mint, move-in ready condition with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Turnkey Renovation
This fully permitted, reimagined home features high-end finishes including white oak luxury vinyl plank flooring and a primary suite with dual showerheads, offering a move-in ready experience.
- Strategic Tech Hub Location
Situated in the heart of Santa Clara, the property offers exceptional proximity to NVIDIA and other major Silicon Valley employers, significantly reducing commute times for tech professionals.
- Versatile Finished Garage
The fully finished garage with LED lighting provides valuable flexible square footage, ideal for a home office, gym, or recreation room to suit modern lifestyle needs.
CONSRISKS & DEFICIENCIES
- Market Stagnation and Price Volatility
A substantial price reduction of over $400,000 and 38 days on the market suggest the property faced initial overpricing challenges relative to current buyer demand.
- Corner Lot Exposure
While offering a larger feel, the corner lot positioning may result in increased street noise and reduced privacy compared to more secluded interior lots.
About 2831 Monroe Street
Extensively renovated in 20252026, this beautifully updated Santa Clara home combines modern design, thoughtful upgrades, and everyday functionality. Offering 1,815 sq. ft. of living space, 4 bedrooms, and 2 bathrooms, the home features a spacious open-concept floor plan with white oak luxury vinyl plank flooring, a contemporary electric fireplace, and convenient indoor laundry. The primary suite offers a spa-inspired bathroom with dual vanities, dual showerheads, and a separate water closet. A fully finished garage with LED lighting provides versatile space for a home gym, office, or recreation area. Situated on a 7,000 sq. ft. corner lot, the property also features rear parking and a generous concrete patio for outdoor entertaining. Conveniently located near NVIDIA, major Silicon Valley employers, shopping, dining, and commuter routes. With extensive recent improvements and a functional layout, this move-in-ready home offers an exceptional opportunity in the heart of Santa Clara.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 7,000 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,815 | 1,494.966 |
| Lot Size | 7,000 | 5,938.954 |
| Price | $1.99M | $1.88M |
| Price per sq ft | $1.1K | $1.3K |
| Built year | 1958 | 1956 |
| HOA | $0 | $180 |
| Days on market | 65 | 37 |
Pricing History
Listed for Sale
Sep 10, 2026
$1,988,888
$2,399,000
-17% Price Drop
Initial Listing
Price Change
Aug 20, 2026
$2,399,000
Initial Listing
Sold
Mar 21, 2025
$1,864,000
Public Record
Sold
Dec 17, 2004
$630,000
Public Record