289 Martinvale Lane, San Jose, California 95119, San Jose, 95119 - 4 bed, 2 bath
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289 Martinvale Lane
San Jose, California 95119
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,308Sq Ft
6,000Lot Size
Property Price
LIST PRICE$1,280,000
EST. MARKET VALUE
$1,379,688
7% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,280,000—positioned well below the $1,379,688 Fair Market Value by 7%. This valuation gap offers $99,688 in Instant Equity. Featuring an Excellent Condition Rating, the home includes a Granite Kitchen, central HVAC, and a versatile sunroom. Located in the Santa Teresa High School district, it offers a perfect balance of modern comfort and commuter convenience. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home.
Estimated Market Value
$1,379,688+$99,688 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Jose.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 289 Martinvale Lane Subject 4 bd · 2 ba · 1,308 sqft · $1,055 | $1,280,000* List Price | 4 | 2 | 1,308 | $1,055 | - |
A 238 Arbor Valley Dr Sold 4 bd · 2 ba · 1,308 sqft · $1,046 · 0.2 mi | $1,368,000 | 4 | 2 | 1,308 | $1,046 | 0.2 mi |
B 236 Arbor Valley Dr Sold 3 bd · 2 ba · 1,067 sqft · $1,172 · 0.3 mi | $1,250,000 | 3 | 2 | 1,067 | $1,172 | 0.3 mi |
C 204 Vineyard Drive Sold 4 bd · 2 ba · 1,308 sqft · $1,147 · 0.5 mi | $1,500,000 | 4 | 2 | 1,308 | $1,147 | 0.5 mi |
D 6383 San Anselmo Way Sold 2 bd · 2 ba · 1,076 sqft · $1,208 · 0.8 mi | $1,300,000 | 2 | 2 | 1,076 | $1,208 | 0.8 mi |
E 268 Jaggers Drive Sold 3 bd · 2 ba · 1,137 sqft · $1,152 · 0.6 mi | $1,310,000 | 3 | 2 | 1,137 | $1,152 | 0.6 mi |
F 327 Saint Julie Drive Sold 4 bd · 2 ba · 1,553 sqft · $934 · 0.9 mi | $1,450,000 | 4 | 2 | 1,553 | $934 | 0.9 mi |
G 283 Vineyard Drive Active 4 bd · 2 ba · 1,509 sqft · $920 · 0.2 mi | $1,388,888 List Price | 4 | 2 | 1,509 | $920 | 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.
While originally built in 1970, the home has undergone a high-quality, modern renovation within the last 5 years. The kitchen features updated white shaker cabinetry and stone countertops, bathrooms have been modernized with granite surfaces, and the interior boasts new flooring and recessed lighting throughout. The presence of central HVAC and the overall mint, move-in-ready condition meet the criteria for Excellent.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Schools
Situated in the desirable Santa Teresa High School attendance area (8/10 rating) with excellent proximity to Highways 85 and 101, offering a perfect balance for commuters and outdoor enthusiasts.
- Versatile Bonus Space
The inclusion of a large enclosed sunroom provides significant flexible square footage, ideal for a home office, gym, or hobby room, which is a rare find in this price point.
- Modern Comforts
The home is move-in ready with essential upgrades including central forced air heating and cooling, plus updated bathrooms featuring granite surfaces and modern fixtures.
CONSRISKS & DEFICIENCIES
- Compact Living Area
At approximately 1,308 square feet for a 4-bedroom configuration, the interior layout may feel tight, particularly in the bedroom sizes and shared living spaces.
- Inconsistent School Ratings
While the high school is highly rated, the assigned elementary school has a lower rating (4/10), which may impact long-term appeal for families with younger children.
About 289 Martinvale Lane
This beautiful 4-bedroom, 2-bathroom home is located in South San Jose within the Santa Teresa High School (8/10) attendance area. It offers approximately 1,308 square feet with an open living/dining layout and features central forced air heating and central air conditioning for year-round comfort. The bathrooms include updated fixtures with granite surfaces, showers, and tubs. The kitchen provides an eat-in area, while the dining space is integrated into the living room. Bonus enclosed sunroom off the rear of the home adds generous flexible space home office, studio, gym, or hobby room. Additional amenities include a two-car garage, enhancing convenience and storage options. Just minutes to shopping, dining, hiking trails, Santa Teresa Golf Club and Highway 85/101 commute routes.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1970
- Lot Size
- 6,000 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
San Jose Unified Schools
Baldwin (Julia) Elementary School
Grades K-6 • 0.1 mi
4/10
Bernal Intermediate School
Grades 7-8 • 0.4 mi
6/10
Santa Teresa High School
Grades 9-12 • 2.7 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,308 | 1,721.238 |
| Lot Size | 6,000 | 6,271.145 |
| Price | $1.28M | $1.67M |
| Price per sq ft | $979 | $972 |
| Built year | 1970 | 1965 |
| HOA | $0 | $190 |
| Days on market | 22 | 38 |
Pricing History
Listed for Sale
Oct 2, 2026
$1,280,000
Initial Listing
Sold
Apr 21, 2025
$1,425,000
Public Record