4292 Meg Drive, San Jose, California 95136, San Jose, 95136 - 5 bed, 3 bath
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San Jose, California 95136
This Extensively Renovated Multi-Generational Residence is a Prime Investment Opportunity, listed at $1,748,000—positioned well below the $1,821,516 Fair Market Value by 4%. This valuation gap provides $73,516 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating, the home features a new roof, copper repiping, and remodeled bathrooms. The massive 9,375 sqft lot offers significant ADU potential, while the San Jose Unified district location ensures long-term desirability. This turn-key gem is ideal for Owner-Occupants seeking a modern sanctuary or Multi-generational Families needing versatile space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4292 Meg Drive Subject | $1,748,000* List Price | 5 | 3 | 2,609 | $698 | - |
A 632 Lanfair Drive Sold | $1,760,000 | 5 | 3 | 2,554 | $689 | 0.3 mi |
B 4430 Heppner Lane Sold | $1,670,000 | 5 | 4 | 2,195 | $761 | 0.5 mi |
C 495 Churchill Park Drive Sold | $1,570,000 | 5 | 3 | 2,533 | $620 | 0.7 mi |
D 5031 Massachusetts Drive Sold | $1,699,000 | 5 | 3 | 2,533 | $671 | 0.7 mi |
E 887 Kozera Drive Sold | $1,430,000 | 5 | 3 | 2,134 | $670 | 0.8 mi |
F 4974 Massachusetts Drive Pending | $1,728,000 List Price | 5 | 3 | 2,533 | $682 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations that meet the criteria for excellent condition. Major structural and system upgrades include a newly installed roof, foundation underpinning, copper repiping, and a new heat pump system. The interior is fully modernized with new luxury vinyl plank (LVP) flooring, fresh paint, and completely remodeled bathrooms. The kitchen is updated with modern stainless steel appliances, recessed lighting, and a large island, making the home entirely turn-key and move-in ready.
The home features significant high-value improvements including foundation underpinning, a new roof, copper repiping, and a modern heat pump system, providing exceptional peace of mind and reduced future maintenance costs.
With a 5-bedroom layout and separate living spaces on both floors, including a second-story den and living area, the property is perfectly configured for extended families or long-term guests.
The massive 9,375 sqft pie-shaped lot on a quiet court offers rare privacy and a large side yard that provides a prime opportunity for an Accessory Dwelling Unit (ADU) or additional parking.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
While the bathrooms and flooring are newly updated, the kitchen is described as 'updated' rather than fully remodeled, which may feel less contemporary compared to the high-end finishes in the rest of the home.
Despite extensive renovations, the 1969 construction may still retain some original layout limitations or aesthetic elements that lack the open-concept flow found in newer luxury builds.
WOW Factor Alert! This is the one buyers have been waiting for! Stunning 5BD/3BA, 2,609sf gem sits on a quiet court w/ a massive 9,375sf pie-shaped lot. Offered at $1,748,000 & packed w/ major upgrades. The foundation has been underpinned for lasting structural integrity. New roof just installed. Copper repiping throughout. New water line to street. Dual-pane windows. Heat pump system added upstairs for full home heating & cooling. Both downstairs bathrooms fully remodeled. Fresh interior paint & new LVP flooring throughout. Updated lighting in kitchen, dining & living areas. Primary suite features a custom walk-in closet. Downstairs offers 3BD, 2 remodeled BAs, dedicated living room w/ gas fireplace & slider to backyard, separate dining area & a large bright kitchen w/ 3+ seats at the counter, bay window breakfast nook & French doors to the yard. Upstairs delivers a 2nd large living space, 2BD, full BA & a den ideal for multi-generational living or guests. Backyard is big & beautiful. Side yard offers ADU potential or extra parking. Court location means no through traffic & extra privacy. This home truly has it all turn-key, thoughtfully upgraded & move-in ready. Open House Sat 1:00pm to 4PM.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 75% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,609 | 2,046 | 93% |
| Lot Size | 9,375 | 6,231 | 98% |
| Price | $1.75M | $1.51M | 80% |
| Price per sq ft | $670 | $794 | 20% |
| Built year | 1969 | 1974 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 99 | 7% |
Mar 25, 2026
$1,748,000
Initial Listing
Dec 4, 2015
$835,500
Public Record
Jul 27, 1995
$251,500
Public Record