50 Cheltenham Way, San Jose, California 95139, San Jose, 95139 - 3 bed, 2 bath
ACTIVE UNDER CONTRACT$1,350,000
50 Cheltenham Way, San Jose, California 95139
3Beds
2Baths
1,120Sqft
8,400Lot
Price Vs. Estimate
The estimated value ($1,161,147.445) is $188,852.555 (13%) lower than the list price ($1,350,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8400, living area = 1120.
Top Cons:
High Price Point for Square Footage: At $1.35M for 1120 sqft, the property commands a premium price per square foot, which may limit the buyer pool.
Compared to the nearby listings
Price:$1.35M vs avg $1.41M ($-60,000)44%
Size:1,120 sqft vs avg 1,743 sqft11%
Price/sqft:$1.2K vs avg $83789%
More Insights
This property has been on the market for 69 days.
Built in 1972 (53 years old).
Condition: Built in 1972, this property has undergone significant updates, making it move-in ready. The kitchen features modern white shaker cabinets, dark countertops, and updated appliances. Bathrooms are also updated with contemporary vanities, fixtures, and subway tile. Flooring throughout, including hardwood, carpet, and tile, appears to be in good condition. While the home presents a modern aesthetic and is well-maintained, the underlying structure's age (over 50 years) and the absence of explicit details regarding major system replacements (e.g., plumbing, electrical, roof) prevent an 'Excellent' rating. The updates align well with a property extensively renovated within the last 5-15 years, fitting the 'Good' condition criteria.
Year Built
1972
Close
-
List price
$1.35M
Original List price
$1.35M
Price/Sqft
$1,205
HOA
$800
Days on market
69 Days
Sold On
2026-01-06
MLS number
ML82025709
Home ConditionGood
Features
Patio
ViewNeighborhood
About this home
Don't miss your chance to own this updated 3 bedroom, 2 bath, Santa Teresa Los Paseos neighborhood home. The sophisticated design utilizes chrome, glass, porcelain tile and concrete to give you a mid-century modern feel. Your indoor living space blends seamlessly to the oversized 8,400 square foot lot. Enjoy outdoor entertaining under your covered patio dining area. Then relax around the fire pit. Multiple outdoor areas give you so many options for entertaining guests and family. Convenient to shopping and 101, 85 & 87 freeways. Optional HOA with pool, BBQ area, Club House, Game court, Playground, Recreation Room, Bocce Ball and Pickle Ball courts.
Condition Rating
Good
Built in 1972, this property has undergone significant updates, making it move-in ready. The kitchen features modern white shaker cabinets, dark countertops, and updated appliances. Bathrooms are also updated with contemporary vanities, fixtures, and subway tile. Flooring throughout, including hardwood, carpet, and tile, appears to be in good condition. While the home presents a modern aesthetic and is well-maintained, the underlying structure's age (over 50 years) and the absence of explicit details regarding major system replacements (e.g., plumbing, electrical, roof) prevent an 'Excellent' rating. The updates align well with a property extensively renovated within the last 5-15 years, fitting the 'Good' condition criteria.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8400, living area = 1120.
Modern Aesthetic & Updates: The property features an updated interior with a sophisticated mid-century modern design, incorporating premium materials like chrome, glass, porcelain tile, and concrete.
Expansive Outdoor Living Space: Boasts an oversized 8,400 sqft lot with a covered patio dining area, fire pit, and multiple outdoor zones, perfect for entertaining and relaxation.
Desirable Community Amenities: Access to an optional HOA offering a wide array of recreational facilities including a pool, BBQ area, clubhouse, game court, playground, recreation room, bocce ball, and pickleball courts.
Excellent Commuter Location: Strategically located with convenient access to major freeways (101, 85, & 87) and shopping, enhancing daily convenience for residents.
Neighborhood View: The property offers a pleasant neighborhood view, contributing to its residential appeal.
Cons
High Price Point for Square Footage: At $1.35M for 1120 sqft, the property commands a premium price per square foot, which may limit the buyer pool.
Age of Structure: Built in 1972, the home is over 50 years old. While updated, potential buyers may have concerns about the age of underlying systems (e.g., plumbing, electrical, roof) not explicitly mentioned as replaced.
Ambiguous HOA Fee: The 'optional HOA fee of $800' is unclear whether it's a monthly or annual charge. If monthly, it represents a significant ongoing cost; if annual, it's reasonable but the ambiguity could be a point of concern for potential buyers.