
San Jose, California 95132
This property presents a High-Potential Investment Opportunity with a List Price of $1,399,999—positioned well below the $1,440,900 Fair Market Value by 2%. This valuation gap offers $40,901 in Instant Equity. Featuring a Fair Condition Rating and original 1960s construction, the home offers significant value-add potential through modernization. The lower level with a private entrance and massive lot size provide excellent flexibility for ADU expansion. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a project in a top-tier school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3279 Ruskin Dr Subject | $1,399,999* List Price | 5 | 2 | 1,998 | $721 | - |
A 1137 Champagne Lane Sold | $1,615,000 | 3 | 2 | 2,196 | $735 | 0.7 mi |
B 1177 Morrill Sold | $1,050,000 | 3 | 2 | 1,805 | $582 | 1.0 mi |
C 1475 Cliff Drive Sold | $1,650,000 | 4 | 2 | 2,031 | $812 | 0.4 mi |
D 3248 Woody Lane Sold | $1,500,000 | 4 | 3 | 1,868 | $803 | 1.0 mi |
E 3284 Mattos Avenue Sold | $1,050,000 | 3 | 2 | 1,322 | $794 | 0.0 mi |
F 3229 Knights Bridge Road Active | $1,649,000 List Price | 3 | 2 | 1,918 | $860 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1961 (63 years old) with no evidence of recent major renovations. Interior photos show significant dating, including wood paneling, drop ceilings, and popcorn ceilings. The property appears to be in mostly original or 30+ year old condition, requiring a full rehab of kitchens, baths, and systems to meet modern standards.
The home features a lower level with a private entrance, providing excellent flexibility for extended family, guests, or potential rental income opportunities.
Situated in the desirable Piedmont Hills area, the property offers access to highly-ranked schools including Ruskin Elementary and Piedmont Hills High School.
The 6,200 sqft lot includes a massive backyard with a concrete pad and storage, offering significant space for a future Accessory Dwelling Unit (ADU) or expansion.
With five bedrooms but only two bathrooms, the home's layout may be underserved for large families or multi-generational living arrangements.
Built in 1961, the property likely requires modernization of core systems and cosmetic updates to align with contemporary market standards.
Welcome to 3279 Ruskin Dr located in the highly desirable Piedmont Hills area of San Jose! This spacious 5-bedroom, 2-bath home offers nearly 2,000 sq ft of flexible living space perfect for multigenerational living, growing families, or investment potential. The lower level features its own private entrance, creating excellent flexibility for extended family, guests, or potential rental opportunities. Conveniently located close to top-ranking schools, including Piedmont Hills High School, Sierramont Middle School, and Ruskin Elementary. This home also offers easy access to shopping, dining, BART, light rail, and major freeways. The massive backyard offers endless possibilities with potential ADU space, a 10x10 concrete pad, large storage room, and plenty of room for entertaining, gatherings, or future expansion. A rare opportunity with flexibility, functionality, and incredible potential all in one!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 90% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,998 | 1,598 | 83% |
| Lot Size | 6,200 | 6,300 | 41% |
| Price | $1.40M | $1.61M | 24% |
| Price per sq ft | $701 | $1.0K | 7% |
| Built year | 1961 | 1970 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 110 | 3% |
May 18, 2026
$1,399,999
Initial Listing