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551 S 15th Street, San Jose, California 95112, San Jose, 95112 - 5 bed, 4 bath

551 S 15th Street, San Jose, California 95112 home-pic-0
ACTIVE$2,498,000
551 S 15th Street, San Jose, California 95112
5Beds
4Baths
2,948Sqft
10,080Lot

Price Vs. Estimate

The estimated value ($2,498,000) is $0 (0%) lower than the list price ($2,498,000). This property may be overpriced.

Key pros and cons

Top Pros:
Brand New Construction & Modern Design: Built in 2025, this Veev residence boasts clean architectural lines, open-concept layouts, expansive windows, and premium finishes, offering a contemporary and luxurious living experience.
Top Cons:
Potential Overpricing: The current list price of $2.498M is approximately 4% higher than the estimated property value of $2.375M, which may indicate a premium for new construction or require a price adjustment to align with market expectations.

Compared to the nearby listings

Price:$2.50M vs avg $1.20M (+$1,298,000)97%
Size:2,948 sqft vs avg 1,430.5 sqft95%
Price/sqft:$847 vs avg $85450%

More Insights

Built in 2025 (0 years old).
Condition: This property is listed with a build year of 2025, indicating it is brand new construction. The description highlights a 'modern Veev residence' with 'sustainable construction' and 'cutting-edge smart-home technology.' The images, although conceptual, consistently showcase a contemporary design with premium finishes, including modern flat-panel cabinetry, stainless steel appliances, sleek countertops, light wood flooring throughout, and state-of-the-art lighting in the kitchen and bathrooms. All components appear new, meeting current quality standards with no signs of wear or deferred maintenance.
Year Built
2025
Close
-
List price
$2.5M
Original List price
$2.5M
Price/Sqft
$847
HOA
-
Days on market
-
Sold On
-
MLS number
ML82022918
Home ConditionExcellent
Features
Good View:
View-

About this home

Experience elevated city living at 551 S 15th Street, San Jose - a modern Veev residence that redefines urban luxury. Designed with clean architectural lines, sustainable construction, and cutting-edge smart-home technology, this home offers a seamless blend of sophistication and function. Expansive windows, open-concept layouts, and premium finishes create a living space that feels both refined and effortlessly modern. Just minutes from the heart of Downtown San Jose, youll be steps away from acclaimed dining, nightlife, and cultural attractions like San Pedro Square Market, SAP Center, and the Tech Interactive. Nearby parks, trails, and local events bring balance to the citys vibrant energy. As the Bay Areas hub for innovation, Downtown San Jose offers unmatched connectivity - with major tech campuses, a growing arts scene, and excellent transit options including Caltrain, VTA Light Rail, and easy freeway access (I-280, 101, 87). 551 S 15th Street delivers a bold modern lifestyle, set within the dynamic and thriving core of Downtown San Jose.

Condition Rating
Excellent
This property is listed with a build year of 2025, indicating it is brand new construction. The description highlights a 'modern Veev residence' with 'sustainable construction' and 'cutting-edge smart-home technology.' The images, although conceptual, consistently showcase a contemporary design with premium finishes, including modern flat-panel cabinetry, stainless steel appliances, sleek countertops, light wood flooring throughout, and state-of-the-art lighting in the kitchen and bathrooms. All components appear new, meeting current quality standards with no signs of wear or deferred maintenance.
Pros & Cons

Pros

Brand New Construction & Modern Design: Built in 2025, this Veev residence boasts clean architectural lines, open-concept layouts, expansive windows, and premium finishes, offering a contemporary and luxurious living experience.
Cutting-Edge Smart-Home Technology: The property is equipped with cutting-edge smart-home technology, providing enhanced convenience, security, and energy efficiency for modern urban living.
Prime Downtown San Jose Location: Strategically located just minutes from the heart of Downtown San Jose, offering immediate access to acclaimed dining, nightlife, and cultural attractions like San Pedro Square Market and SAP Center.
Exceptional Connectivity & Transit: Benefits from unmatched connectivity to major tech campuses and excellent transit options including Caltrain, VTA Light Rail, and easy freeway access (I-280, 101, 87).
Sustainable Construction: Designed with sustainable construction practices, appealing to environmentally conscious buyers and potentially offering long-term benefits in terms of energy consumption and environmental impact.

Cons

Potential Overpricing: The current list price of $2.498M is approximately 4% higher than the estimated property value of $2.375M, which may indicate a premium for new construction or require a price adjustment to align with market expectations.
Urban Living Trade-offs: While the downtown location is a major draw, it inherently comes with potential trade-offs such as higher ambient noise levels, reduced privacy, and typically smaller private outdoor spaces compared to suburban properties.
Modest Lot Size for Price Point: The lot size of 10,080 sqft, while adequate for an urban setting, might be considered modest by some luxury buyers expecting more expansive grounds for a single-family residence at this price point.

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