
San Jose, California 95129
This Updated Happy Valley Residence is a High-Potential Investment Opportunity, listed at $2,188,000—positioned well below the $2,448,952 Fair Market Value by 10%. This valuation gap provides $260,952 in Instant Equity. Featuring a Move-in Ready Condition Rating, the home offers a versatile 5-bedroom layout, a bonus sunroom, and a granite kitchen. Located steps from top-rated Country Lane Elementary and the Apple campus, it balances lifestyle excellence with significant financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5142 Bela Drive Subject | $2,188,000* List Price | 5 | 3 | 1,625 | $1,507 | - |
A 4890 Doyle Road Sold | $2,075,000 | 3 | 2 | 1,400 | $1,482 | 0.3 mi |
B 1416 Constanso Way Sold | $2,385,000 | 3 | 2 | 1,364 | $1,749 | 0.3 mi |
C 1002 Oaktree Drive Sold | $2,682,000 | 3 | 2 | 1,609 | $1,667 | 0.9 mi |
D 4694 Strawberry Park Drive Sold | $2,204,000 | 3 | 2 | 1,666 | $1,323 | 0.9 mi |
E 1335 Teresita Drive Sold | $2,700,000 | 5 | 3 | 2,155 | $1,253 | 0.1 mi |
F 1154 Bentoak Lane Sold | $2,645,000 | 4 | 2 | 1,736 | $1,524 | 0.5 mi |
G 1463 Teresita Drive Pending | $2,600,000 List Price | 3 | 2 | 1,570 | $1,656 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant updates that exceed its 1959 build year. It features modern luxury vinyl flooring, dual-pane windows, and recessed lighting throughout. The kitchen is well-maintained with granite countertops and stainless steel appliances, and the bathrooms have been updated with glass enclosures and tile walls. While the cabinetry and overall layout reflect a traditional footprint, the systems and finishes are in good condition with no immediate renovation required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7339, living area = 1625.
Situated in the prestigious Happy Valley neighborhood near the Apple campus, the property offers access to highly-rated schools like Country Lane Elementary, ensuring strong long-term investment value.
Beyond the official living area, the home includes a 260 SF sunroom and a bonus hobby room, providing substantial additional functional space for a home office or recreation.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7339, other record lot size in square feet = 5940.
With five bedrooms configured within 1,625 square feet, the individual room sizes and common living areas may feel constrained for larger families accustomed to more spacious layouts.
Originally constructed in 1959, the property may require future capital improvements to its core systems to align with modern energy efficiency and building standards.
A single-story home in the highly sought-after Happy Valley neighborhood, Additional features include a bonus/hobby room and a sunroom around 260 SF per county records (not part of the sq ft). This well-maintained home features luxury vinyl flooring throughout with tile flooring at entry, coat closet, dual-pane windows, & two skylights. Bright living spaces include sliding glass doors. The kitchen offers stainless steel appliances including refrigerator, cooktop, hood, microwave, dishwasher, & garbage disposal, along with granite countertops and ample cabinet storage. Spacious bedrooms feature built-in closets, while the primary bedroom provides direct backyard access. Bathrooms include a shower stall with glass enclosure, vanity, and tile shower walls. Enjoy a private backyard with mature landscaping and fruit-bearing trees, plus a large front yard. The property also offers RV/boat parking, concrete driveway, and an epoxy-floored 2-car garage with ample storage. Conveniently located near shopping, dining, parks, and Apple campus, with easy access to Lawrence Expressway and Saratoga Avenue. Located within top-rated schools: Country Lane Elementary, Moreland Middle, and Prospect High. Enjoy community events such as horse-drawn carriage rides around year-end.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 78% |
| Baths | 3.0 | 2.0 | 59% |
| Square foot | 1,625 | 1,625 | 50% |
| Lot Size | 7,339 | 6,825 | 70% |
| Price | $2.19M | $2.68M | 19% |
| Price per sq ft | $1.3K | $1.6K | 22% |
| Built year | 1959 | 1959 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 124 | 4% |
Mar 26, 2026
$2,188,000
Initial Listing
Mar 8, 2010
$808,000
Public Record
Oct 5, 2006
$905,000
Public Record