565 Marge Way, San Jose, California 95117, San Jose, 95117 - 4 bed, 2 bath

565 Marge Way, San Jose, California 95117 home-pic-0

565 Marge Way

San Jose, California 95117

ACTIVE
CONDITION: POOR
4Beds
2Baths
1,500Sq Ft
13,477Lot Size

Property Price

LIST PRICE$1,848,888
EST. MARKET VALUE
$1,839,099

SUMMARY

Analysis of 565 Marge Way, San Jose, California 95117 reveals a Fairly Priced Property with a current list price of $1,848,888  aligned with the estimated $1,839,099 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the San Jose Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Estimated Market Value

$1,839,099
Based on Realkey algorithm analyzing recent comparable sales in San Jose.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
565 Marge Way
Subject
$1,848,888*
List Price
421,500$1,226-
A
764 Onyx Court
Sold
$1,730,000321,291$1,3400.3 mi
B
358 Spar Avenue
Active
$1,780,000
List Price
421,722$1,0340.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Built in 1955 and sold in 'as-is' condition, the property is explicitly marketed as a fixer-upper requiring a full remodel and substantial rehabilitation. The listing description and property analysis confirm that the home needs significant capital investment to update outdated systems, kitchen, and bathrooms to meet modern standards.

PROSSTRENGTHS & OPPORTUNITIES

  • 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 = 13477, living area = 1500.

  • Exceptional Lot Size & ADU Potential

    The massive 13,477 sq. ft. lot is double the size of standard parcels in the area, offering rare flexibility for a high-yield ADU, a multi-generational compound, or a significant residential expansion.

  • Prime Silicon Valley Connectivity

    Located in the Winchester Orchard area, the property boasts a walk score proximity to Santana Row and Westfield Valley Fair, with a 15-minute commute to Apple Park and instant access to major highways.

CONSRISKS & DEFICIENCIES

  • As-Is Condition & Immediate Capital Outlay

    The property requires a full remodel and is sold as-is, necessitating significant additional liquid capital and construction management immediately following the purchase.

  • Small Existing Living Footprint

    The current 1,500 sq. ft. structure is relatively small for the price point and lot size, making an expansion almost mandatory to achieve the projected $2.5M+ market valuation.

About 565 Marge Way

FINAL CALL: Harvest $400K+ in upside Equity Before Tuesday. Secure your Winchester Orchard Estate at a discount before we pull the plug. We've reduced the price for a fast "as-is" sale. If this home is not under contract by Tuesday the 10th, it's coming off the market and we'll execute the remodel ourselves, relisting at a significantly higher price point. Rare Opportunity: Buy Wholesale, Not Retail Why pay for someone else's design choices? Lock in this prime estate today for $1.84M, capture the $400k+ upside yourself or we've negotiated a remodel for you, handing you a renovated luxury home in 30 days. Massive 13,477 sq. ft. sprawling lot, twice the size of standard parcels. Remodel with your own colors, materials, and finishes. We have contractors standing by to start your project immediately. The Expansion: Add 500-600 sq. ft. for a $2.5M+ valuation. Passive Income: The oversized lot easily accommodates an ADU, creating a high-yield rental compound or a multi-generational estate. The Location: The Heart of Silicon Valley Walkable Luxury: 10 minutes to the world-class dining and shopping at Santana Row and Westfield Valley Fair. Tech Proximity: 15 minutes to Apple Park and major tech hubs. Ultimate Connectivity: Instant access to 280, 880, and 17.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1955
Lot Size
13,477 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
58%
Baths2.02.0
50%
Square foot1,5001,584
42%
Lot Size13,4778,344
92%
Price$1.85M$1.97M
42%
Price per sq ft$1.2K$1.2K
50%
Built year19551955
50%
HOA$0$0
50%
Days on market40151
8%

Pricing History

Listed for Sale

Mar 5, 2026

$1,848,888

$1,870,000

-1% Price Drop

Initial Listing

Price Change

Jan 26, 2026

$1,870,000

Initial Listing

Browse Properties by State Browse housing market trends by state