587 Cambridge Drive, Santa Clara, California 95051, Santa Clara, 95051 - 4 bed, 3 bath
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Santa Clara, California 95051
This Spacious Multi-Generational Residence is a Strong Value Opportunity, listed at $2,288,000, which aligns with its $2,288,000 Fair Market Value. Featuring a Condition Rating of 4, the home offers updated major systems like a 200 AMP panel and copper plumbing, while providing room for aesthetic modernization. The Upstairs ADU Potential and Prime Silicon Valley Location near Apple Park make this a versatile asset. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage low-cost utility rates and flexible living space.
Spacious Santa Clara home with ADU potential near Apple Park. Updated systems, 4 beds, 3 baths, and low-cost power. Perfect for multi-generational living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 587 Cambridge Drive Subject | $2,288,000* List Price | 4 | 3 | 2,162 | $1,058 | - |
A 756 Cornell Drive Sold | $2,613,000 | 4 | 2 | 1,976 | $1,322 | 0.3 mi |
B 3037 Stevenson Street Sold | $1,700,000 | 4 | 2 | 1,300 | $1,308 | 0.4 mi |
C 3010 Miles Drive Sold | $1,750,000 | 3 | 3 | 1,326 | $1,320 | 0.6 mi |
D 736 Pomeroy Avenue Active | $1,999,888 List Price | 5 | 3 | 2,116 | $945 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property boasts excellent 'big-ticket' system updates including a 200 AMP electrical panel, newer copper/ABS plumbing, and central HVAC, the home is 60+ years old. The kitchen and bathrooms are functional but significantly dated (likely >20 years old) with older cabinetry and tile countertops, requiring aesthetic modernization to meet current market standards.
The spacious upstairs unit with a full bath provides a rare opportunity for an ADU, home office, or extended family living, offering significant flexibility and value-add potential.
Situated within minutes of Apple Park and NVIDIA, the property also benefits from Santa Clara’s low-cost Silicon Valley Power utility rates, providing long-term financial savings.
The home features essential modern upgrades including central HVAC, dual-pane windows, a 200 AMP electrical panel, and newer copper and ABS plumbing, reducing immediate maintenance concerns.
At 95 days on market, the property may be perceived as a 'stale' listing, which can lead to lower offers and increased buyer scrutiny regarding its marketability.
The history of multiple price reductions from the original $2.499M list price suggests initial overpricing and may create buyer hesitation regarding the home's true market value.
Spacious Killarney Farms home located on a quiet street. This versatile residence is a perfect home for large or extended family. The heart of the home is a stunning living room featuring floor-to-ceiling windows that bathe the rich wood floors in natural light. A dedicated family room, anchored by a cozy fireplace and sliding glass doors, leading to a large backyard patio, an ideal setting for outdoor dining and entertaining. The main level features three bedrooms, including a primary suite with a walk-in shower, complemented by a dining area off the kitchen. Modern essentials include central heating and cooling, dual-pane windows, upgradee 200 AMP service and electrical panel, newer copper and ABS plumbing. Home features a spacious attached 2-car garage with automatic opener and remote. A standout feature is the spacious upstairs unit with a full bathroom. This flexible space offers a rare opportunity for multi-generational living, a home office, or a high-yield ADU, with potential for a kitchen and separate entrance to be added. Enjoy walking distance to Sutter Elementary, Maywood Park, and Kaiser Hospital. A short 5-10 minute drive puts you at Apple Park, Santana Row, and NVIDIA. Plus, take advantage of Santa Claras low-cost Silicon Valley Power utility rates!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 66% |
| Square foot | 2,162 | 1,559 | 86% |
| Lot Size | 5,900 | 6,000 | 42% |
| Price | $2.29M | $2.25M | 54% |
| Price per sq ft | $1.1K | $1.4K | 17% |
| Built year | 1961 | 1958 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 103 | 112 | 44% |
May 14, 2026
$2,288,000
$2,350,000
-3% Price Drop
Initial Listing
Apr 4, 2026
$2,350,000
$2,499,000
-6% Price Drop
Initial Listing
Mar 5, 2026
$2,499,000
Initial Listing