318 El Molino Way, San Jose, California 95119, San Jose, 95119 - 4 bed, 3 bath

318 El Molino Way, San Jose, California 95119 home-pic-0
ACTIVE$1,598,000
318 El Molino Way, San Jose, California 95119
4Beds
3Baths
2,124Sqft
6,000Lot
Year Built
1972
Close
-
List price
$1.6M
Original List price
$1.6M
Price/Sqft
$752
HOA
$132
Days on market
-
Sold On
-
MLS number
ML82027496
Home ConditionExcellent
Features
Good View:
Deck
View-

About this home

Great Deal:The estimated price is 3% above the list price. We found 4 Cons,5 Pros. Rank: price - $1.60M(71th), sqft - 2124(81th), beds - 4(50th), baths - 3(67th).

318 El Molino Way, Where modern design meets suburban charm in the highly desirable Rancho Santa Teresa neighborhood, this elevated designer home has been exquisitely modernized and tastefully revitalized. Step inside to a split-level layout filled with natural light, warm tones, and thoughtful designer finishes that create an effortless sense of comfort and sophistication. The inviting living area features newly installed LVP flooring throughout and a statement painted-brick fireplace that adds warmth and character. The elevated dining area flows into a fully renovated kitchen with custom light-wood cabinetry, quartz countertops, and stainless-steel appliances, the perfect space to gather and entertain. Upstairs, the spacious primary suite offers a tranquil retreat with an ensuite bathroom and serene neighborhood views. Three additional bedrooms provide flexible options for family, guests, or a home office. A conveniently located laundry room adds everyday function. Outside, enjoy freshly landscaped grounds ideal for outdoor gatherings, play, or peaceful relaxation. Conveniently located near Foothill Trails, Kaiser Medical Center, Village Oaks Shopping Center, with easy access to Hwy 85/87/101 and Light Rail. Great Neighborhood & Great Schools.

Nearby schools

6/10
Santa Teresa Elementary School
Public,K-60.4mi
6/10
Taylor (Bertha) Elementary School
Public,K-60.5mi
4/10
Baldwin (Julia) Elementary School
Public,K-61.0mi
6/10
Bernal Intermediate School
Public,7-80.5mi
8/10
Santa Teresa High School
Public,9-121.7mi

Price History

Date
Event
Price
11/13/25
Listing
$1,598,000
05/13/25
Sold
$1,250,000
Condition Rating
Excellent

This property has undergone an extensive and very recent renovation, as described by 'exquisitely modernized and tastefully revitalized,' and evidenced by the images. The kitchen features brand-new custom light-wood cabinetry, quartz countertops, and stainless-steel appliances, all in a contemporary style. Bathrooms are also fully updated with modern vanities, fixtures, and tiling. Newly installed LVP flooring throughout, recessed lighting, and fresh paint contribute to a virtually new interior. While the original build year is 1972, the comprehensive modernization, likely completed within the last year based on the sales history, brings the property's condition to an excellent standard, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Extensive Modernization & Renovation: The property has been 'exquisitely modernized and tastefully revitalized,' featuring a 'fully renovated kitchen with custom light-wood cabinetry, quartz countertops, and stainless-steel appliances,' and 'newly installed LVP flooring,' offering a contemporary, move-in ready appeal.
Prime Location & Accessibility: Situated in the 'highly desirable Rancho Santa Teresa neighborhood,' the home boasts 'easy access to Hwy 85/87/101 and Light Rail,' and is conveniently located near 'Foothill Trails, Kaiser Medical Center, and Village Oaks Shopping Center'.
Strong School Ratings: The property benefits from being in a 'Great Schools' area, notably with Santa Teresa High School holding a strong rating of 8, which is a significant advantage for families.
Appealing Design & Natural Light: An 'elevated designer home' with a 'split-level layout filled with natural light, warm tones, and thoughtful designer finishes' creates an inviting and sophisticated living environment.
Potential for Immediate Equity: The current listing price of $1,598,000 is below the estimated property value of $1,668,506.88, suggesting potential for immediate equity for the buyer.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-05-13. The sold price is $1,250,000.00.
Age of Underlying Systems: Built in 1972, while modernized, some core systems (e.g., plumbing, electrical, HVAC if not explicitly updated) may still be original or older, potentially requiring future maintenance or upgrades.
Ongoing Association Fees: A monthly association fee of $132.0 adds to the recurring costs of homeownership, which some buyers might prefer to avoid.
Varied Elementary School Performance: While the high school is highly rated, one nearby elementary school (Baldwin Elementary) has a lower rating of 4, which could be a concern for families prioritizing top-tier elementary education.

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