696 Margaret Street, San Jose, California 95112, San Jose, 95112 - 4 bed, 3 bath

696 Margaret Street, San Jose, California 95112 home-pic-0
ACTIVE UNDER CONTRACT$3,298,000
696 Margaret Street, San Jose, California 95112
4Beds
3Baths
3,901Sqft
27,940Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
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 = 27940, living area = 3901.
Top Cons:
Age of Property/Potential for System Updates: As a 1928 build, despite modern updates, some core systems (e.g., plumbing, electrical) may still be original or require future attention, potentially leading to higher maintenance costs.

Compared to the nearby listings

Price:$3.30M vs avg $1.20M (+$2,098,000)97%
Size:3,901 sqft vs avg 1,430.5 sqft97%
Price/sqft:$845 vs avg $85350%

More Insights

This property has been on the market for 42 days.
Built in 1928 (97 years old).
Condition: Despite being built in 1928, this Spanish Hacienda estate has undergone extensive, high-quality modern renovations. The kitchen features new stone countertops, designer tile, and top-of-the-line Sub-Zero and Bertazzoni appliances, appearing virtually new. The primary ensuite bathroom is fully remodeled with dual vanities and a custom shower, showcasing modern finishes. Other bathrooms also appear updated and in excellent condition. The property boasts well-maintained hardwood and terracotta tile flooring, modern light fixtures, and a finished basement with a kitchenette. The overall condition reflects a recent, comprehensive renovation that seamlessly blends historic charm with contemporary luxury, meeting current quality standards with minimal physical depreciation. The only notable functional absence is central air conditioning, but this does not detract from the excellent condition of the existing features.
Year Built
1928
Close
-
List price
$3.3M
Original List price
$3.3M
Price/Sqft
$845
HOA
-
Days on market
42 Days
Sold On
2025-11-24
MLS number
ML82024659
Home ConditionExcellent
Features
ViewNeighborhood

About this home

Welcome to this exceptional 1928 Spanish Hacienda style estate, an architectural gem in San Joses prestigious Naglee Park. Gated and private, this 4BD/3BA residence offers 3,901 sq. ft. of refined living on nearly 2/3 acre of landscaped grounds. Inside, Old-World craftsmanship blends seamlessly with modern updates. A dramatic mahogany foyer opens to a sun-filled formal living room with grand fireplace ideal for entertaining. The open chef's kitchen features new stone countertops, designer tile, Sub-Zero refrigerator, and Bertazzoni appliances including double ovens and a 5-burner cooktop, plus a sous prep area. The upper-level primary suite is a private retreat with fireplace, Juliet balcony, and flexible sitting/office area. The remodeled ensuite boasts dual vanities, custom shower, and generous walk-in closet. A finished 400 sq. ft. basement adds versatility with kitchenette, wine cellar, and walk-out access to the stunning yard. Outdoors, enjoy a resort-style setting with flagstone patios, pool/spa, bocce court, alfresco kitchen, terraced lawns, rose garden, raised beds, and children's play area. Three-car garage plus space for pool house or ADU. Prime location minutes from Downtown San Jose, with easy access to 280/680/101/87 and top employers like Adobe, Google, and Zoom.

Nearby schools

2/10
Selma Olinder Elementary School
Public,K-50.4mi
3/10
Lowell Elementary School
Public,K-50.5mi
4/10
Horace Mann Elementary School
Public,K-51.1mi
4/10
Peter Burnett Middle School
Public,6-82.3mi
3/10
San Jose High School
Public,9-121.3mi
Condition Rating
Excellent

Despite being built in 1928, this Spanish Hacienda estate has undergone extensive, high-quality modern renovations. The kitchen features new stone countertops, designer tile, and top-of-the-line Sub-Zero and Bertazzoni appliances, appearing virtually new. The primary ensuite bathroom is fully remodeled with dual vanities and a custom shower, showcasing modern finishes. Other bathrooms also appear updated and in excellent condition. The property boasts well-maintained hardwood and terracotta tile flooring, modern light fixtures, and a finished basement with a kitchenette. The overall condition reflects a recent, comprehensive renovation that seamlessly blends historic charm with contemporary luxury, meeting current quality standards with minimal physical depreciation. The only notable functional absence is central air conditioning, but this does not detract from the excellent condition of the existing features.
Pros & Cons

Pros

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 = 27940, living area = 3901.
Architectural Significance & Historic Charm: An exceptional 1928 Spanish Hacienda style estate, an architectural gem in Naglee Park, blending Old-World craftsmanship with modern updates.
Expansive & Resort-Style Outdoor Living: Nearly 2/3 acre of private, landscaped grounds featuring a pool/spa, bocce court, alfresco kitchen, terraced lawns, rose garden, and children's play area.
Gourmet Chef's Kitchen: An open chef's kitchen equipped with high-end Sub-Zero and Bertazzoni appliances, new stone countertops, designer tile, and a dedicated sous prep area.
Prime Location with Excellent Commuter Access: Situated in prestigious Naglee Park, minutes from Downtown San Jose with easy access to major freeways (280/680/101/87) and proximity to top tech employers like Adobe, Google, and Zoom.
Versatile Additional Spaces: Includes a finished 400 sq. ft. basement with a kitchenette and wine cellar, offering versatile use, plus potential for a pool house or ADU.

Cons

Age of Property/Potential for System Updates: As a 1928 build, despite modern updates, some core systems (e.g., plumbing, electrical) may still be original or require future attention, potentially leading to higher maintenance costs.
High Maintenance for Extensive Grounds: The nearly 2/3 acre resort-style grounds, including a pool, spa, and elaborate landscaping, will require significant ongoing maintenance, time, and financial investment.
Lack of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant drawback during San Jose's warmer months.

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