
San Jose, California 95135
This property presents a High-Potential Investment Opportunity with a List Price of $2,328,000—positioned well below the $2,275,755 Fair Market Value by -2%. While the property is currently priced slightly above market, the rare Detached 1BD/1BA Cottage and Paid Solar with Tesla Powerwall provide significant long-term value. With a Fair Condition Rating, the home is ready for modernization to unlock its full potential. This versatile asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack in a prime Evergreen location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3350 Ariel Joshua Court Subject | $2,328,000* List Price | 4 | 4 | 2,468 | $922 | - |
A 4562 Encanto Way Sold | $2,628,000 | 6 | 3 | 2,473 | $1,063 | 0.4 mi |
B 3037 Rosato Court Sold | $2,780,000 | 4 | 3 | 2,663 | $1,044 | 0.9 mi |
C 3283 Brittany Court Sold | $2,750,000 | 5 | 5 | 3,130 | $879 | 0.7 mi |
D 3237 Falls Creek Sold | $1,900,000 | 5 | 3 | 2,314 | $821 | 0.8 mi |
E 3301 Villa Contessa Court Sold | $1,960,000 | 3 | 3 | 2,162 | $907 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999 (25 years old) with mostly original interior finishes. While the property features modern energy upgrades like solar and a Tesla Powerwall, the kitchen cabinetry, mirrored closet doors, and worn carpeting are dated. The listing description explicitly states the home is 'ready for modernization,' placing it firmly in the Fair category based on age and the need for cosmetic updates.
The property features a rare detached builder-built 1BD/1BA cottage above the garage, providing excellent opportunities for rental income, multi-generational living, or a private home office.
Equipped with a fully paid 6.44 kW solar system and a Tesla Powerwall, this home offers significant long-term utility savings and sustainable energy independence.
Situated in the highly desirable Evergreen area, this Shapell residence boasts a functional floor plan with soaring ceilings, abundant natural light, and scenic mountain views.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The interior is described as being ready for modernization, suggesting that the finishes may be dated and will require additional capital investment to meet contemporary luxury standards.
At 4,642 square feet, the lot is relatively small for the price point and area, which may limit outdoor recreational space given the footprint of two separate living structures.
TWO separate living spaces on ONE lot in prime Evergreen! With flexibility to enjoy the entire living spaces / live in the Main House and potentially rent the Cottage / or simply a dual rental opportunities to maximize income potential and long-term value. Nestled in a quiet neighborhood, this home offers flexibility, separation and privacy, enhanced by Paid Solar (6.44 kW 14 panels) and a Tesla Powerwall for energy efficiency and long-term savings! This Shapell residence features a 3BD/2.5BA main home filled with abundant natural light and soaring ceilings, offering great bones, a functional layout and solid foundation, ready for modernization and your personal vision. A rare highlight is the detached builder-built 1BD/1BA cottage above the 3-car garage, complete with it's private entrance, laundry and parking space. The backyard is thoughtfully designed as a peaceful garden retreat, featuring a cascading water feature that can also be used as Koi Pond, creating a serene outdoor environment. Additional upgrades include under-sink water filtration and water softener, enhancing everyday comfort. A compelling opportunity to create your own style while enjoying space, flexibility, energy efficiency, future potential and long-term value in highly desirable location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 79% |
| Square foot | 2,468 | 2,484.5 | 46% |
| Lot Size | 4,642 | 7,261.5 | 17% |
| Price | $2.33M | $2.55M | 42% |
| Price per sq ft | $943 | $941 | 50% |
| Built year | 1999 | 1996 | 71% |
| HOA | $178.0 | $0 | 79% |
| Days on market | 17 | 93 | 4% |
May 30, 2026
$2,328,000
$2,438,000
-5% Price Drop
Initial Listing
May 20, 2026
$2,438,000
Initial Listing
Aug 31, 2001
$800,000
Public Record