3024 Machado Avenue, Santa Clara, California 95051, Santa Clara, 95051 - 4 bed, 2 bath
3024 Machado Avenue
Santa Clara, California 95051
Property Price
SUMMARY
Analysis of 3024 Machado Avenue, Santa Clara, California 95051 reveals a Prime Investment Opportunity with a current list price of $1,799,000—significantly undercutting the $1,903,644 Fair Market Value by 5%. This valuation gap indicates a +$104,644 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Santa Clara Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3024 Machado Avenue Subject | $1,799,000* List Price | 4 | 2 | 1,608 | $1,184 | - |
A 2994 Jerald Avenue Sold | $1,920,000 | 3 | 2 | 1,499 | $1,281 | 0.7 mi |
B 2546 Amethyst Drive Sold | $1,630,000 | 3 | 2 | 1,290 | $1,264 | 0.4 mi |
C 2230 Crocker Way Sold | $2,135,000 | 4 | 2 | 1,689 | $1,264 | 0.8 mi |
D 3443 Fowler Avenue Sold | $1,958,000 | 3 | 2 | 1,444 | $1,356 | 0.7 mi |
E 2898 Barkley Avenue Active | $1,988,888 List Price | 3 | 2 | 1,494 | $1,331 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and exceptionally well-maintained for its 1959 build date. It features a functional kitchen updated with stainless steel appliances and stone countertops, along with updated bathroom vanities and clean hardwood flooring. While it retains its mid-century character and isn't a 'full' recent renovation, the lack of deferred maintenance and the quality of existing updates align with the 'good' criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Tech Hub Location
Situated in the heart of Santa Clara near NVIDIA and major Silicon Valley employers, this property offers an exceptional commute and high desirability for tech professionals.
- Versatile Living Space
With 4 bedrooms and over 1,600 sq ft of living space on a 6,000 sq ft lot, the home provides a functional layout with significant potential for expansion or outdoor entertaining.
- Proximity to Quality Education
The home is conveniently located within walking distance to well-rated schools, including Adrian Wilcox High and Briarwood Elementary, making it ideal for families.
CONSRISKS & DEFICIENCIES
- Significant Price Adjustments
The property has undergone multiple price reductions from an initial $2.2M to $1.799M, which may indicate previous overvaluation or extended days on market.
- Mid-Century Infrastructure
Built in 1959, the home may require modernization of core systems or cosmetic updates to align with the contemporary preferences of today's buyers in the area.
About 3024 Machado Avenue
Welcome to this beautifully maintained 4-bedroom, 2-bath home offering 1,608 sq ft of comfortable living in the heart of Santa Clara. Priced transparently to reflect true market value, this home presents a rare opportunity for buyers who appreciate clarity, quality, and long-term value. Situated just minutes from NVIDIA, major Silicon Valley employers, and convenient freeway access, this location is hard to beat for both commuters and families alike. Enjoy proximity to top-rated schools, neighborhood parks, shopping, dining, and everyday essentials - all while being tucked into a quiet, established residential setting. The home features classic curb appeal, a functional layout, and warm natural light throughout. The spacious backyard offers room to relax, entertain, or expand, making it ideal for both todays lifestyle and future potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- 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
Santa Clara Unified Schools
Briarwood Elementary School
Grades K-5 • 0.5 mi
Bowers Elementary School
Grades K-5 • 0.5 mi
Juan Cabrillo Middle School
Grades 6-8 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 52% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,608 | 1,594 | 50% |
| Lot Size | 6,000 | 6,000 | 50% |
| Price | $1.80M | $2.15M | 25% |
| Price per sq ft | $1.1K | $1.4K | 23% |
| Built year | 1959 | 1958 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 129 | 8% |
Pricing History
Listed for Sale
Feb 28, 2026
$1,799,000
$1,999,888
-10% Price Drop
Initial Listing
Price Change
Feb 1, 2026
$1,999,888
$2,200,000
-9% Price Drop
Initial Listing
Price Change
Jan 21, 2026
$2,200,000
Initial Listing