4892 Indian River Drive, San Jose, California 95136, San Jose, 95136 - 3 bed, 3 bath
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4892 Indian River Drive
San Jose, California 95136
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,452Sq Ft
6,872Lot Size
Property Price
LIST PRICE$950,000
EST. MARKET VALUE
$890,585
6% AboveMARKET VALUE
SUMMARY
This Spacious Townhouse represents a Strong Value Opportunity, listed at $950,000—positioned well above the $890,585 Fair Market Value by 6%. While currently priced above market, the property maintains a Good Condition Rating with modern updates like an induction cooktop and central HVAC. Residents enjoy a private patio and community pool access, perfectly situated near major commute routes and Oakridge Mall. This property offers a balanced lifestyle for Owner-Occupants or first-time buyers seeking a well-maintained, move-in ready home in a convenient San Jose location.
Estimated Market Value
$890,585
Based on Realkey algorithm analyzing recent comparable sales in San Jose.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4892 Indian River Drive Subject 3 bd · 3 ba · 1,452 sqft · $613 | $950,000* List Price | 3 | 3 | 1,452 | $613 | - |
A 81 Frontier Trail Drive Sold 3 bd · 3 ba · 1,360 sqft · $669 · 0.2 mi | $910,000 | 3 | 3 | 1,360 | $669 | 0.2 mi |
B 84 Saddletree Court Sold 3 bd · 3 ba · 1,360 sqft · $651 · 0.3 mi | $885,000 | 3 | 3 | 1,360 | $651 | 0.3 mi |
C 4926 Red Creek Dr Sold 3 bd · 3 ba · 1,452 sqft · $682 · 0.1 mi | $990,000 | 3 | 3 | 1,452 | $682 | 0.1 mi |
D 4824 River Trail Court Sold 2 bd · 3 ba · 1,196 sqft · $710 · 0.2 mi | $849,000 | 2 | 3 | 1,196 | $710 | 0.2 mi |
E 97 97 Deer Run Cir Sold 2 bd · 3 ba · 1,196 sqft · $638 · 0.3 mi | $762,500 | 2 | 3 | 1,196 | $638 | 0.3 mi |
F 2505 Olivegate Lane Sold 3 bd · 2 ba · 1,296 sqft · $633 · 0.4 mi | $820,000 | 3 | 2 | 1,296 | $633 | 0.4 mi |
G 102 Path Active 3 bd · 3 ba · 1,268 sqft · $591 · 0.1 mi | $749,000 List Price | 3 | 3 | 1,268 | $591 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1985 (39 years old), the property is well-maintained and move-in ready with several mid-life updates. It features modern laminate flooring, recessed lighting, double-pane windows, and updated GE appliances including an induction cooktop. While the kitchen tile countertops are dated, the functional central HVAC system and overall clean condition align with the 'Good' criteria for a 15-30 year renovation cycle or high-level maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior & Layout
The home features desirable vaulted ceilings, recessed lighting, and a modern kitchen equipped with a 5-burner induction cooktop, creating a bright and contemporary living space.
- Strategic Location
Ideally situated near major commute routes including Highways 85, 87, and 101, as well as Oakridge Mall, offering excellent convenience for professionals and families.
- Comprehensive Amenities
The property includes essential modern comforts such as central heating and cooling, an attached 2-car garage, and access to community facilities including a pool and hot tub.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6872, other record lot size in square feet = 1272.
- Extended Market Time
With 100 days on the market, the property may face perception challenges regarding its pricing or condition relative to the current local real estate climate.
- High Monthly HOA Dues
The $589 monthly association fee represents a significant ongoing carrying cost that may impact the overall affordability for budget-conscious buyers.
About 4892 Indian River Drive
Welcome to 4892 Indian River Dr, a spacious 3-bedroom, 2.5-bath townhome-style condo offering approximately 1,452 sq ft of comfortable living space in a quiet, well-maintained Blossom Hill community. This desirable floor plan features a bright living and dining area with vaulted ceilings, recessed lighting, laminate flooring, and a cozy wood-burning fireplace with brick surround. The kitchen offers maple wood cabinetry, tile countertops, GE appliances, a 5-burner induction cooktop, dishwasher, refrigerator, and an eat-in dining area. Upstairs, the primary bedroom features laminate flooring and a large walk-in closet, while the additional bedrooms offer flexibility for family, guests, or a home office. Additional highlights include central heating and cooling, double-pane windows, indoor laundry hookups, and an attached 2-car garage with added storage potential. Enjoy a spacious, low-maintenance backyard/patio ideal for relaxing, gardening, weekend BBQs, or entertaining. Community amenities include a pool and hot tub. Conveniently located near Oakridge Mall, dining, shopping, 20-acre Edenvale Gardens Park, and major commute routes including Highways 85, 87, and 101!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1985
- Lot Size
- 6,872 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $589.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,452 | 1,448.469 |
| Lot Size | 6,872 | 1,326.75 |
| Price | $950.0K | $970.7K |
| Price per sq ft | $654 | $657 |
| Built year | 1985 | 1997 |
| HOA | $589.0 | $424 |
| Days on market | 106 | 43 |
Pricing History
Listed for Sale
Jul 10, 2026
$950,000
Initial Listing
Sold
Mar 22, 2018
$760,000
Public Record