734 Lakewood Drive, Sunnyvale, California 94089, Sunnyvale, 94089 - 3 bed, 2 bath
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Sunnyvale, California 94089
This Move-In Ready Single-Family Residence represents a Strong Value Opportunity, listed at $1,350,000—positioned well below the $1,481,885 Fair Market Value by 8%. This valuation gap provides $131,885 in Instant Equity. Featuring a Mint Condition Rating with modern renovations and a 400-sqft permitted bonus structure, the home offers exceptional utility for remote work. While local school ratings are modest, the proximity to major tech hubs ensures high demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey Silicon Valley asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 734 Lakewood Drive Subject | $1,350,000* List Price | 3 | 2 | 1,234 | $1,201 | - |
A 710 Lakechime Drive Sold | $1,750,000 | 4 | 2 | 1,375 | $1,273 | 0.3 mi |
B 1297 Socorro Avenue Sold | $1,480,000 | 3 | 2 | 1,108 | $1,336 | 0.9 mi |
C 854 Lakewood Drive Active | $1,600,000 List Price | 3 | 2 | 1,484 | $1,078 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive modern renovation within the last 5 years. It features a fully updated kitchen with stainless steel appliances and quartz countertops, along with high-end remodeled bathrooms showcasing contemporary tile work and fixtures. With new flooring, updated lighting, and a move-in-ready interior, it meets the criteria for mint condition.
The property features a permitted 400-square-foot bonus structure in the backyard, providing rare flexibility for a home office, gym, or studio, which is highly valued in the Silicon Valley market.
Situated with excellent proximity to major employers like Google, Apple, Meta, and Nvidia, this home offers a prime location for commuters and tech professionals.
The home boasts significant modern updates, including beautifully renovated bathrooms and updated lighting, ensuring a functional and aesthetic living space without the need for immediate repairs.
The assigned elementary and middle schools have lower ratings (4/10 and 3/10 respectively), which may impact the property's appeal to families prioritizing high-performing educational districts.
At 1,234 square feet, the main residence is relatively small for a three-bedroom home, potentially feeling restrictive for buyers seeking spacious common areas or larger bedrooms.
Welcome to 734 Lakewood Drive in Sunnyvale's desirable Lakewood Village neighborhood. This move-in-ready single-story home offers 3 bedrooms, 2 beautifully renovated bathrooms, and approximately 1,234 square feet of living space on a spacious 6,307-square-foot lot. The bright and functional floor plan features the modern updates throughout, including remodeled bathrooms, updated lighting, and inviting living spaces designed for comfortable everyday living. A standout feature is the permitted approximately 400-square-foot bonus structure in the backyard, providing exceptional flexibility for a home office, gym, studio, recreation room, or additional workspace. The expansive yard offers ample room for outdoor entertaining, gardening, and future possibilities. Conveniently located near major tech employers (Google, Apple, Meta, Nvidia, and more), shopping, dining, parks, schools, and commuter routes, this home presents an outstanding opportunity to enjoy Silicon Valley living in a well-established neighborhood.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-5 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.5 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,234 | 1,304.5 | 50% |
| Lot Size | 6,307 | 5,967.5 | 75% |
| Price | $1.35M | $1.77M | 8% |
| Price per sq ft | $1.1K | $1.3K | 25% |
| Built year | 1957 | 1957 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 115 | 8% |
Jun 13, 2026
$1,350,000
$1,299,000
+4% Price Increase
Initial Listing
Jun 4, 2026
$1,299,000
Initial Listing
May 23, 2011
$350,000
Public Record