4915 Formby Court, San Jose, California 95138, San Jose, 95138 - 4 bed, 6 bath
Loading property details...
4915 Formby Court
San Jose, California 95138
ACTIVE
CONDITION: FAIR
4Beds
6Baths
4,650Sq Ft
15,667Lot Size
Property Price
LIST PRICE$6,400,000
EST. MARKET VALUE
$5,753,528
11% AboveMARKET VALUE
SUMMARY
This Luxury Single Family Residence is a High-Potential Investment Opportunity, listed at $6,400,000—positioned above the $5,753,529 Fair Market Value by 11%. While priced as a premium asset, the property features a Condition Rating of 4, offering significant upside for buyers to modernize the late-90s interiors. Boasting a 180-degree valley view, a blue-bottom swimming pool, and proximity to top-rated schools like Silver Oak Elementary, this home provides a rare lifestyle sanctuary. It is an ideal acquisition for Luxury Homeowners or Value-Add Investors seeking a prestigious Silver Creek address.
Estimated Market Value
$5,753,528
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 |
|---|---|---|---|---|---|---|
★ 4915 Formby Court Subject 4 bd · 6 ba · 4,650 sqft · $1,237 | $6,400,000* List Price | 4 | 6 | 4,650 | $1,237 | - |
A 5360 Laurel Canyon Drive Sold 5 bd · 5 ba · 4,477 sqft · $1,061 · 0.6 mi | $4,750,000 | 5 | 5 | 4,477 | $1,061 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1999, the property is approximately 25 years old and appears to retain most of its original finishes. While the home is well-maintained and functional, the kitchen and bathrooms are dated, featuring late-90s cabinetry and white tile countertops that require modern updates to align with current luxury standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Silver Oak Elementary School (9/10).
- Premier Gated Community
Located in the prestigious Silver Creek Valley Country Club, the property offers an exclusive lifestyle with 24/7 security and access to elite golf, tennis, and dining amenities.
- Exceptional Outdoor Living
The nearly 16,000 sq. ft. lot features a resort-style backyard with 180-degree valley views, a blue-bottom swimming pool, and a unique connection to a natural monarch butterfly habitat.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4650, other record living area = 4500.
- Listing Data Discrepancies
Conflicting information regarding the bedroom and bathroom count between the marketing description and the metadata may cause confusion for prospective buyers.
- Potential for Modernization
Built in 1999, the home may require aesthetic or system updates to meet the ultra-modern luxury standards expected at the $6.4 million price point.
About 4915 Formby Court
Exceptional Luxury Living in Silver Creek Valley Country Club. Discover an extraordinary home in the prestigious, gated Silver Creek Valley Country Club community, where luxury, privacy, and resort-style living meet. This impressive residence features approximately 4,650 sq. ft. of interior living space on an expansive lot of nearly 16,000 sq. ft., offering 5 bedrooms, including a spacious primary suite, and 5.5 bathrooms. Enjoy a spectacular backyard with stunning valley 180 degree views, a beautiful blue-bottom swimming pool, a barbeque island with new appliances, and endless possibilities for outdoor entertaining and relaxation. Two secluded side yards offer exciting potential for a charming treehouse, a tranquil secret garden, or your own private sanctuary. The generously sized front yard borders a natural habitat for the endangered monarch butterfly, creating a unique connection to nature and adding to the property's special appeal. Residents enjoy the exclusive country club lifestyle, with golf, tennis, swimming, and dining amenities within this sought-after gated community. A rare opportunity to experience elegant living, exceptional privacy, breathtaking views, and the freedom to create your own outdoor paradise in one of the area's most desirable neighborhoods!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 15,667 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $220.0 / Month
Neighborhood Insights
San Jose Unified Schools
Silver Oak Elementary School
Grades K-6 • 0.5 mi
9/10
James Franklin Smith Elementary School
Grades K-6 • 0.9 mi
8/10
Ledesma (Rita) Elementary School
Grades K-6 • 3.1 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 6.0 | 2.0 |
| Square foot | 4,650 | 1,721.238 |
| Lot Size | 15,667 | 6,271.145 |
| Price | $6.40M | $1.67M |
| Price per sq ft | $1.4K | $972 |
| Built year | 1999 | 1965 |
| HOA | $220.0 | $190 |
| Days on market | 9 | 38 |
Pricing History
Listed for Sale
Oct 15, 2026
$6,400,000
Initial Listing
Sold
Aug 18, 1999
$848,000
Public Record