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466 N 18th Street, San Jose, California 95112, San Jose, 95112 - 5 bed, 4 bath

466 N 18th Street, San Jose, California 95112 home-pic-0
ACTIVE$1,649,000
466 N 18th Street, San Jose, California 95112
5Beds
4Baths
2,352Sqft
5,625Lot

Price Vs. Estimate

The estimated value ($1,649,000) is $0 (0%) lower than the list price ($1,649,000). This property may be overpriced.

Key pros and cons

Top Pros:
Brand New Luxury Construction: Built in 2025, this is a 'Brand-New Luxury Home' with modern design, soaring ceilings, and an open-concept layout, appealing to buyers seeking contemporary living without immediate maintenance concerns.
Top Cons:
Recent Price Reduction: The property has seen a recent price reduction from its original list price ($1,699,888 to $1,649,000), which could suggest initial overpricing or market resistance, potentially impacting perceived value.

Compared to the nearby listings

Price:$1.65M vs avg $1.20M (+$449,000)84%
Size:2,352 sqft vs avg 1,430.5 sqft87%
Price/sqft:$701 vs avg $83129%

More Insights

Built in 2025 (0 years old).
Condition: This property is listed with a year built of 2025, indicating it is a brand-new construction. The description explicitly states it's a 'Brand-New Luxury Home' with 'modern luxury, comfort, and style.' Images confirm this with a chef-inspired kitchen featuring sleek quartz countertops, new stainless steel appliances, and modern white cabinetry with gold hardware. Bathrooms are also new with contemporary vanities, fixtures, and tiling. All components, including flooring, lighting, and systems (A/C, paid solar, EV charger), are new and meet current quality standards, aligning perfectly with the 'Excellent' condition criteria.
Year Built
2025
Close
-
List price
$1.65M
Original List price
$1.7M
Price/Sqft
$701
HOA
-
Days on market
-
Sold On
-
MLS number
ML82014568
Home ConditionExcellent
Features
Deck
View-

About this home

WOW Brand-New Luxury Home | Absolutely Stunning! Welcome to this gorgeous, newly built home in the heart of vibrant and desirable Downtown San Jose! Spanning 2,352 sq ft, this 5-bedroom, 4-bathroom residence is thoughtfully designed to offer modern luxury, comfort, and style. Step inside to soaring ceilings and a bright, open-concept layout. The chef-inspired kitchen features sleek quartz countertops, a large center island with seating, and a formal dining areaall flowing seamlessly into a spacious living room with a cozy electric fireplace, perfect for entertaining. The ground level features two bedrooms and a full bathroomideal for guests, a home office, or multigenerational living. Upstairs, you'll find three additional bedrooms, each with its own private bathroom, including a luxurious primary suite with an oversized balcony overlooking the backyard. Additional highlights include A/C, paid solar panels, an EV charger, and an indoor laundry area for ultimate convenience. The expansive private backyard offers plenty of space for relaxing, entertaining, playtime, or even adding a pool or ADU for extra income potential. Ideally located just minutes from Japantown, Downtown San Jose, BART, and major freeways (101, 280, 880), and only 1015 minutes to major tech campuses.

Condition Rating
Excellent
This property is listed with a year built of 2025, indicating it is a brand-new construction. The description explicitly states it's a 'Brand-New Luxury Home' with 'modern luxury, comfort, and style.' Images confirm this with a chef-inspired kitchen featuring sleek quartz countertops, new stainless steel appliances, and modern white cabinetry with gold hardware. Bathrooms are also new with contemporary vanities, fixtures, and tiling. All components, including flooring, lighting, and systems (A/C, paid solar, EV charger), are new and meet current quality standards, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

Brand New Luxury Construction: Built in 2025, this is a 'Brand-New Luxury Home' with modern design, soaring ceilings, and an open-concept layout, appealing to buyers seeking contemporary living without immediate maintenance concerns.
High-End Features & Smart Home Amenities: The property boasts a chef-inspired kitchen with quartz countertops, a large island, an electric fireplace, A/C, paid solar panels, and an EV charger, offering significant value and convenience.
Versatile & Spacious Layout: With 5 bedrooms and 4 bathrooms across 2,352 sq ft, including two ground-level bedrooms ideal for guests/office/multigenerational living and a primary suite with a private balcony, the layout is highly functional and adaptable.
Prime Downtown San Jose Location: Strategically located in the 'heart of vibrant and desirable Downtown San Jose,' it offers excellent accessibility to Japantown, BART, major freeways (101, 280, 880), and major tech campuses within 10-15 minutes.
ADU & Expansion Potential: The expansive private backyard provides ample space for entertaining, playtime, or the significant potential to add a pool or an Accessory Dwelling Unit (ADU) for extra income, enhancing long-term value.

Cons

Recent Price Reduction: The property has seen a recent price reduction from its original list price ($1,699,888 to $1,649,000), which could suggest initial overpricing or market resistance, potentially impacting perceived value.
Urban Environment Trade-offs: While centrally located, downtown living can come with increased noise levels, traffic, and a less traditional suburban feel, which might not appeal to all luxury home buyers seeking tranquility.
Lot Size for Luxury Home: The 5,625 sq ft lot, while offering ADU potential, might be considered modest for a 2,352 sq ft luxury 5-bedroom home in this price range, potentially limiting extensive private outdoor living space for some buyers.

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