3281 Lantern Way, San Jose, California 95111, San Jose, 95111 - 4 bed, 3 bath
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San Jose, California 95111
This Versatile Multi-Unit Residence is a Strong Value Opportunity, listed at $1,150,000—positioned well above the $1,113,523 Fair Market Value. Despite the premium, the property features a Mint Condition Rating with a brand-new roof and modern interior finishes. The inclusion of a private 1-bedroom ADU provides significant income potential or multi-generational flexibility. With its gated corner-lot security and proximity to Hellyer County Park, this home balances lifestyle convenience with financial utility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3281 Lantern Way Subject | $1,150,000* List Price | 4 | 3 | 1,742 | $639 | - |
A 3622 Safe Haven Court Sold | $1,205,000 | 4 | 3 | 2,174 | $554 | 0.3 mi |
B 3617 Safe Haven Court Pending | $1,248,888 List Price | 5 | 3 | 1,768 | $706 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive renovation within the last 5 years, featuring a brand-new permitted roof, a modern white kitchen with stainless steel appliances, updated bathrooms, new laminate flooring, and newer dual-pane windows. Despite the 1977 build date, the interior and systems are in mint, move-in-ready condition.
The property features a private 1-bedroom, 1-bath ADU with a separate entrance, providing an excellent opportunity for rental income or multi-generational living.
A brand-new permitted roof, fresh interior paint, and updated bathrooms offer immediate move-in readiness and reduced maintenance costs for the new owner.
The north-facing corner lot is fully gated with a secure carport, offering superior privacy and curb appeal compared to standard interior lots.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3535, other record lot size in square feet = 5000.
With a lot size of only 3,535 sqft and much of the exterior paved for low maintenance, there is very little traditional green space or backyard for gardening and play.
The presence of both a 1,742 sq. ft. main home and an ADU on a smaller lot results in a high density that may feel cramped to buyers seeking more open outdoor areas.
Exceptional value meets incredible versatility in this north-facing corner-lot home with gated entry and beautiful curb appeal in the desirable Sylvandale neighborhood. This move-in-ready property offers approximately 2,122 sq. ft. of total living space, including a 4-bedroom, 2.5-bath main residence (1,742 sq. ft.) and a private 1-bedroom, 1-bath ADU (approximately 380 sq. ft.) with its own separate entranceideal for rental income, multi-generational life, guests, or home office. Inside, find new roof, fresh interior paint, newer dual-pane windows, laminate flooring, recessed lighting, and beautifully updated bathrooms. The bright white kitchen flows seamlessly into the spacious living and dining areas, where a cozy fireplace creates the perfect gathering space for family and friends. Step outside to enjoy covered front and side patios, low-maintenance paved outdoor spaces, a secure gated carport, and abundant street parking. Adding even more value, the seller has just installed a brand-new roof with permits, giving buyers added peace of mind. Nestled in a quiet, friendly neighborhood near Coyote Creek and Hellyer County Park, this home offers convenient access to Highways 101 and 680, along with nearby shopping, dining, and recreation. A spacious home with income potential
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,742 | 1,683.5 |
| Lot Size | 3,535 | 6,300 |
| Price | $1.15M | $1.70M |
| Price per sq ft | $660 | $1000 |
| Built year | 1977 | 1966 |
| HOA | $0 | $160 |
| Days on market | 9 | 35 |
Jul 14, 2026
$1,150,000
Initial Listing
Apr 1, 2025
$205,000
Public Record
Jun 28, 2021
$1,070,000
Public Record
Jun 20, 2012
$300,000
Public Record
Dec 31, 2007
$515,000
Public Record
Aug 16, 2006
$660,000
Public Record
Dec 16, 2004
$570,000
Public Record
Aug 31, 2004
$30,000
Public Record