586 Marble Arch Avenue, San Jose, California 95136, San Jose, 95136 - 3 bed, 3 bath

586 Marble Arch Avenue, San Jose, California 95136 home-pic-0
ACTIVE$1,198,000
586 Marble Arch Avenue, San Jose, California 95136
3Beds
3Baths
1,894Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Accessibility: Strategically located at the base of Communications Hill, offering easy access to VTA Light Rail, Caltrain, downtown San Jose, shopping, and major freeways (87, 85, 280, 101), enhancing convenience for commuters and urban dwellers.
Top Cons:
Ongoing HOA Fees & Restrictions: Despite being described as 'low,' the monthly HOA fee of $325 is an additional recurring cost and typically comes with community rules and restrictions that may not appeal to all buyers seeking complete autonomy over their property.

Compared to the nearby listings

Price:$1.20M vs avg $763.0K (+$435,000)87%
Size:1,894 sqft vs avg 1,012 sqft93%
Price/sqft:$633 vs avg $64340%

More Insights

Built in 2000 (25 years old).
Condition: Built in 2000, this townhome is 24 years old. While well-maintained with functional systems like central A/C and double-pane windows, the kitchen and bathrooms, though clean, exhibit styles and features (e.g., granite countertops, cabinet design, bathroom light fixtures) that are characteristic of its original construction era and are now considered somewhat outdated. The property is move-in ready but would benefit from cosmetic updates in these key areas to align with current market trends and buyer preferences.
Year Built
2000
Close
-
List price
$1.2M
Original List price
$1.22M
Price/Sqft
$633
HOA
$325
Days on market
-
Sold On
-
MLS number
ML82025442
Home ConditionFair
Features
Good View: City Lights, Mountain(s)
Deck
ViewCity Lights,Mountain(s)

About this home

End-unit townhome in Lancaster Gate at the base of Communications Hill. Three ensuite bedrooms with walk-in closets, including a main-level suite and two additional suites on second level. The primary with vaulted ceilings, fireplace, and private balcony. Living room with tall ceilings, dining room and abundant light, tons of windows, and French door to balcony. Kitchen includes stainless appliances, gas cooktop, granite counters, casual eating area and glass sliding door to side entrance. Double pane windows, central A/C and 2 car attached garage. Steps from the renowned Comm Hill Grand Staircase, scenic walking and biking trails, and neighborhood parks with playgrounds. The community enhances your lifestyle with a sparkling pool, relaxing spa, and low HOA fees, while its prime location provides easy access to VTA Light Rail, Caltrain, downtown San Jose, shopping, and freeways 87, 85, 280, and 101.

Nearby schools

5/10
Shirakawa (George, Sr.) Elementary School
Public,K-82.4mi
4/10
Andrew P. Hill High School
Public,9-121.7mi
Condition Rating
Fair

Built in 2000, this townhome is 24 years old. While well-maintained with functional systems like central A/C and double-pane windows, the kitchen and bathrooms, though clean, exhibit styles and features (e.g., granite countertops, cabinet design, bathroom light fixtures) that are characteristic of its original construction era and are now considered somewhat outdated. The property is move-in ready but would benefit from cosmetic updates in these key areas to align with current market trends and buyer preferences.
Pros & Cons

Pros

Prime Location & Accessibility: Strategically located at the base of Communications Hill, offering easy access to VTA Light Rail, Caltrain, downtown San Jose, shopping, and major freeways (87, 85, 280, 101), enhancing convenience for commuters and urban dwellers.
Desirable Unit Type & Layout: As an end-unit townhome, it provides increased privacy and natural light. The layout features three ensuite bedrooms with walk-in closets, including a versatile main-level suite, and a primary suite with vaulted ceilings, fireplace, and a private balcony.
Community Amenities & Low HOA: The Lancaster Gate community offers a sparkling pool, relaxing spa, and is steps away from the renowned Comm Hill Grand Staircase, scenic trails, and parks. These amenities are complemented by relatively low HOA fees ($325/month).
Modern Interior Features: The home boasts central A/C, double-pane windows, stainless steel appliances, a gas cooktop, granite counters, tall ceilings, abundant natural light, and a convenient 2-car attached garage, providing comfort and modern living.
Scenic Views: The property offers desirable City Lights and Mountain views, adding aesthetic appeal and value to the living experience.

Cons

Ongoing HOA Fees & Restrictions: Despite being described as 'low,' the monthly HOA fee of $325 is an additional recurring cost and typically comes with community rules and restrictions that may not appeal to all buyers seeking complete autonomy over their property.
Price Reduction History: The property has undergone a price reduction from its original list price, which could suggest it was initially overpriced or has experienced slower market interest, potentially influencing buyer perception or negotiation leverage.
Limited Private Outdoor Space: As a townhome, while it includes balconies, the property likely offers limited private outdoor space compared to a single-family home, which might be a drawback for buyers prioritizing a private yard or garden.

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