
Santa Clara, California 95051
This property presents a High-Potential Investment Opportunity with a List Price of $1,499,999—positioned above the $1,404,975 Fair Market Value. While the current Condition Rating of 5 reflects its age, the property offers significant upside through its 6,740 sq ft lot and approved expansion permits. Located in a prime tech hub near major employers, this asset is ideal for Fix-and-Flip Investors or Contractors capable of executing a full renovation to maximize the long-term value of this Santa Clara location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3059 Agate Subject | $1,499,999* List Price | 3 | 1 | 897 | $1,566 | - |
A 2536 Pilot Knob Drive Sold | $1,300,000 | 3 | 1 | 897 | $1,449 | 0.3 mi |
B 2697 Cabrillo Avenue Sold | $1,390,000 | 4 | 2 | 1,158 | $1,200 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955 (69 years old) with no evidence of recent renovations, this property is marketed as a short sale and a 'foundation for renovation.' The listing's focus on expansion permits and 'reimagining' the space, combined with the aged exterior, indicates the home requires a full rehab to address its dated condition and likely original systems.
Situated in a highly sought-after Santa Clara neighborhood near major employers like NVIDIA, Apple, and Google, ensuring strong long-term demand and convenience for Silicon Valley professionals.
The property features a generous 6,740 sq ft lot with an approved permit for a 499 sq ft expansion, providing a clear path for buyers to increase square footage and build immediate equity.
Located within the Santa Clara Unified School District and within walking distance to Adrian Wilcox High School, making it an attractive option for families prioritizing educational access.
As a short sale, the transaction involves a more complex and potentially lengthy closing process subject to third-party lender approval, which may not suit buyers on a tight timeline.
With only 897 square feet of living space and a single bathroom, the current layout is undersized for modern standards and will likely require immediate renovation or expansion.
Shortsale! Charming 3BD/1BA home situated on a generous 6,740 sq ft lot. The existing 897 sq ft floor plan features a functional kitchen/family room layout and provides a solid foundation for renovation. A permit has been approved for an approximate 499 sq ft expansion (buyer to verify), presenting excellent potential to increase both living space and long-term value. Additional features include central forced-air gas heating, an attached garage, and indoor laundry. Located within the Santa Clara Unified School District, the property offers flexibility for future expansion, ADU potential, or a complete reimaginingmaking it well-suited for developers or end-users looking for a starter home with growth potential. Highly desirable location near major Silicon Valley employers such as NVIDIA, Apple, and Google, with convenient access to Costco, Whole Foods, Caltrain, Levis Stadium, dining, and major freeways. A great opportunity to build equity in a sought-after Santa Clara neighborhood.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 1.0 | 2.0 | 5% |
| Square foot | 897 | 1,533.5 | 3% |
| Lot Size | 6,740 | 6,000 | 59% |
| Price | $1.50M | $2.24M | 5% |
| Price per sq ft | $1.7K | $1.4K | 78% |
| Built year | 1955 | 1958 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 108 | 2% |
May 8, 2026
$1,499,999
Initial Listing