
San Jose, California 95111
This Versatile Single-Family Residence is a Strong Value Opportunity, listed at $1,298,000—positioned slightly above the $1,276,203 Fair Market Value. While the property is priced at market, it offers a Condition Rating of 3, featuring modern laminate flooring and updated appliances. The home’s standout 180-degree panoramic views and a permitted garage conversion provide exceptional flexibility for multi-generational living or a home office. With its expansive outdoor deck and patio, this property is an ideal acquisition for Owner-Occupants or multi-generational families seeking a scenic, move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4787 Allegro Lane Subject 4 bd · 2 ba · 1,686 sqft · $757 | $1,298,000* List Price | 4 | 2 | 1,686 | $757 | - |
A 452 Skyway Drive Sold 3 bd · 2 ba · 1,363 sqft · $844 · 0.1 mi | $1,150,000 | 3 | 2 | 1,363 | $844 | 0.1 mi |
B 632 Serenade Court Sold 6 bd · 3 ba · 1,834 sqft · $649 · 0.3 mi | $1,190,000 | 6 | 3 | 1,834 | $649 | 0.3 mi |
C 4791 Plainfield Drive Sold 4 bd · 2 ba · 1,353 sqft · $887 · 0.1 mi | $1,200,000 | 4 | 2 | 1,353 | $887 | 0.1 mi |
D 4930 Dickinson Drive Sold 4 bd · 3 ba · 1,969 sqft · $609 · 0.3 mi | $1,200,000 | 4 | 3 | 1,969 | $609 | 0.3 mi |
E 4172 Ridgebrook Way Sold 4 bd · 2 ba · 1,220 sqft · $943 · 0.7 mi | $1,150,000 | 4 | 2 | 1,220 | $943 | 0.7 mi |
F 515 Fontanelle Court Sold 4 bd · 3 ba · 2,000 sqft · $719 · 1.0 mi | $1,438,000 | 4 | 3 | 2,000 | $719 | 1.0 mi |
G 4120 San Ramon Way Sold 4 bd · 2 ba · 1,308 sqft · $822 · 0.9 mi | $1,075,000 | 4 | 2 | 1,308 | $822 | 0.9 mi |
H 411 Grey Ghost Avenue Sold 3 bd · 3 ba · 1,440 sqft · $708 · 0.8 mi | $1,020,000 | 3 | 3 | 1,440 | $708 | 0.8 mi |
I 598 Blom Drive Active 4 bd · 2 ba · 1,826 sqft · $685 · 0.4 mi | $1,250,000 List Price | 4 | 2 | 1,826 | $685 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1972, the property has been well-maintained and refreshed with modern laminate flooring, recessed lighting, and updated kitchen appliances. The kitchen and bathrooms show some older design elements but are fully functional, clean, and move-in ready.
Perched in the foothills, the property offers exceptional 180-degree valley and mountain views, providing a high-end aesthetic and a serene atmosphere for residents.
The permitted garage conversion adds significant functional value, offering a flexible floor plan suitable for multi-generational living, a home office, or a guest suite.
The backyard is thoughtfully designed for entertaining, featuring a covered patio with a ceiling fan, a deck, and raised garden beds that facilitate a seamless indoor-outdoor lifestyle.
The conversion of the garage into living space removes enclosed parking and traditional storage, which may be a deterrent for buyers prioritizing vehicle protection.
With 37 days on the market and a recent price reduction from the original list price, the property is experiencing slower-than-average absorption for the San Jose market.
Perched in the scenic San Jose foothills, 4787 Allegro Lane captures beautiful valley and mountain views stretching nearly 180 degrees, creating an impressive backdrop for everyday living. This versatile 4-bedroom, 2-bathroom home offers a flexible floor plan, generous living spaces, and effortless indoor-outdoor flow. Step inside to a bright and spacious living room where a large picture window frames the surrounding mountain views. Recessed lighting and updated laminate flooring give the home a clean, refreshed feel. The living area flows naturally into the dining space and kitchen, making the heart of the home ideal for both daily life and entertaining. The kitchen features ample counter space and updated appliances. A separate family room offers another inviting place to gather, complete with a wood-burning fireplace and sliding glass door opening to the covered backyard patio. The spacious primary bedroom features an en-suite bath and direct access to the backyard. The permitted garage conversion provides valuable additional living space, whether used for multi-generational living, a home office, or guests. Outside, enjoy the covered patio w/ ceiling fan, deck and patio areas, raised garden beds + planters, and plenty of room to gather with family and friends.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,686 | 1,721.238 |
| Lot Size | 6,800 | 6,271.145 |
| Price | $1.30M | $1.67M |
| Price per sq ft | $770 | $972 |
| Built year | 1972 | 1965 |
| HOA | $0 | $190 |
| Days on market | 65 | 38 |
Sep 18, 2026
$1,298,000
$1,349,000
-4% Price Drop
Initial Listing
Aug 20, 2026
$1,349,000
Initial Listing
Feb 26, 2024
$1,200,000
Public Record