502 Ellicott Loop, San Jose, California 95123, San Jose, 95123 - 4 bed, 4 bath
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502 Ellicott Loop
San Jose, California 95123
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
2,173Sq Ft
830Lot Size
Property Price
LIST PRICE$1,239,888
EST. MARKET VALUE
$1,299,000
4% BelowMARKET VALUE
SUMMARY
This Stunning Move-In Ready Townhouse is a Strong Value Opportunity, listed at $1,239,888—positioned well below the $1,299,000 Fair Market Value by 4%. This valuation gap offers $59,112 in Instant Equity for the buyer. Featuring an Excellent Condition Rating and over $106K in builder upgrades, this former model home includes a ground-floor bedroom and four-car parking. It is an ideal sanctuary for Owner-Occupants or Silicon Valley professionals seeking a premium, low-maintenance residence near major tech employers.
Estimated Market Value
$1,299,000+$59,112 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 502 Ellicott Loop Subject | $1,239,888* List Price | 4 | 4 | 2,173 | $598 | - |
A 5954 Larkstone Loop Sold | $1,120,000 | 3 | 4 | 2,093 | $535 | 0.4 mi |
B 6063 Raleigh Road Sold | $1,145,000 | 3 | 4 | 1,793 | $639 | 0.5 mi |
C 890 White Moonstone Loop Sold | $1,080,000 | 3 | 4 | 1,793 | $602 | 0.6 mi |
D 446 Ellicott Loop Active | $1,029,800 List Price | 3 | 4 | 1,822 | $565 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2016, this property is less than 10 years old and remains in mint condition. As a former model home, it features over $106K in builder upgrades, including a modern kitchen with quartz countertops, premium herringbone flooring, and designer bathrooms. All major systems (HVAC/Electric) are contemporary, and the home is fully move-in ready with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Model Home Upgrades
As a former showcase model, the home features over $106K in builder upgrades, including designer lighting, custom accent walls, and high-end finishes that distinguish it from standard units.
- Exceptional Parking Capacity
The property offers a rare four-car parking configuration, consisting of an attached two-car garage plus a private two-car driveway, a significant advantage for townhome living in San Jose.
- Functional Multi-Level Layout
The 2,173 sq. ft. floor plan includes a highly desirable ground-floor bedroom and full bathroom, providing excellent flexibility for guests, multi-generational living, or a private home office.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =830, other record lot size in square feet = 2157. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Extended Days on Market
With 45 days on the market and multiple price reductions from the original list price, the property may be facing challenges in buyer perception or initial overpricing.
- Average School Ratings
The assigned public schools have modest ratings (ranging from 4 to 6), which may be a drawback for families seeking the high-performing school districts typically found in other Silicon Valley neighborhoods.
About 502 Ellicott Loop
Exceptional northeast-facing former Taylor Morrison model home with over $106K in builder upgrades, a premium lot, and designer finishes throughout. This spacious 2,173 sq. ft. residence offers 4 bedrooms and 3.5 bathrooms across three levels, including a highly desirable ground-floor bedroom and full bath. The open-concept main living area features premium flooring, quartz countertops, upgraded cabinetry, stainless steel appliances, a large kitchen island, and abundant natural light. Upstairs, the luxurious primary suite includes a spa-inspired bathroom and walk-in closet. Originally designed as the community showcase home, the property features custom accent walls, designer lighting, elegant stair railings, upgraded tile work, built-in features, and a fully finished garage. Rare four-car parking includes an attached two-car garage plus a private driveway. Conveniently located near Caltrain, VTA light rail, Highways 101 and 85, shopping, dining, parks, and major tech employers. Move-in ready and ideal for both homeowners and investors seeking a premium Silicon Valley property.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2016
- Lot Size
- 830 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $242.0 / Month
Neighborhood Insights
San Jose Unified Schools
Anderson (Alex) Elementary School
Grades K-6 • 0.8 mi
4/10
Bernal Intermediate School
Grades 7-8 • 1.6 mi
6/10
Oak Grove High School
Grades 9-12 • 1.2 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,173 | 1,430.394 |
| Lot Size | 830 | 1,287.486 |
| Price | $1.24M | $963.3K |
| Price per sq ft | $571 | $648 |
| Built year | 2016 | 1999 |
| HOA | $242.0 | $424 |
| Days on market | 55 | 43 |
Pricing History
Listed for Sale
Aug 21, 2026
$1,239,888
$1,269,000
-2% Price Drop
Initial Listing
Price Change
Aug 8, 2026
$1,269,000
$1,278,000
-1% Price Drop
Initial Listing
Price Change
Aug 2, 2026
$1,278,000
$1,299,000
-2% Price Drop
Initial Listing
Price Change
Jul 16, 2026
$1,299,000
Initial Listing
Sold
Oct 31, 2017
$940,000
Public Record