
San Jose, California 95129
Analysis of 7246 Sharon Drive, San Jose, California 95129 is currently available with a list price of $13,500,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
New construction project with a 2026 completion date. Features modern 4-story detached townhouses with contemporary open-concept floor plans, brand-new systems, and high-end finishes as per development plans.
The property is located within the highly coveted Lynbrook High School boundary, one of the top-rated districts in California, ensuring sustained high demand and premium resale value.
With approved rezoning and special use permits for 10 detached units, the project significantly reduces entitlement risk and allows for an immediate transition into the construction phase.
The proposed development features detached four-story units rather than attached walls, offering superior privacy and larger floor plans (3,200+ sqft) that command a higher price point than standard townhomes.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2400, other record living area = 9867.
The $13.5 million acquisition price represents a substantial upfront investment for land and entitlements, which may limit the pool of potential buyers to high-liquidity developers.
Building 10 four-story live/work units on a single lot involves significant vertical construction and logistical challenges that could impact the overall development timeline and budget.
10 detached townhouses ready to build. nearby townhouse along Cox sold for $2.7M+ with attached walls (Campbell School also). This is one of the best school district (Lynbrook High) FILE NOS: (GP21-004/C21-009) General Plan Amendment and Conforming Rezoning to change the General Plan designation from Neighborhood/Community Commercial to Mixed-Use Neighborhood, and the zoning from CP Commercial Pedestrian District to MUN Mixed-Use Neighborhood District. There is no specific development project proposed, however it is anticipated that future development would result in of ten mixed-use townhouse residential units. SP22-016/T22-017: Special Use Permit for the demolition of the existing office building and subdivision of the lot into 10 residential lots and one common lot to construct 10 live/work residential units. The four-story units would be detached and would have common walkways, driveways, and guest parking. Each unit would range from 3,240 to 3,270 square feet in size.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,400 | 1,431 |
| Lot Size | - | 1,025 |
| Price | $13.50M | $1.01M |
| Price per sq ft | $5.6K | $671 |
| Built year | 2026 | 2004 |
| HOA | $0 | $383 |
| Days on market | 7 | 41 |
Jul 15, 2026
$13,500,000
Initial Listing
Feb 5, 2013
$1,600,000
Public Record
Mar 31, 1994
$753,000
Public Record