743 Promenade Lane, San Jose, California 95138, San Jose, 95138 - 3 bed, 3 bath

743 Promenade Lane, San Jose, California 95138 home-pic-0
ACTIVE$1,698,000
743 Promenade Lane, San Jose, California 95138
3Beds
3Baths
1,792Sqft
8,450Lot

Price Vs. Estimate

The estimated value ($1,654,937.675) is $43,062.325 (2%) lower than the list price ($1,698,000). This property may be overpriced.

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 = 8450, living area = 1792.
Top Cons:
Potential for Older Core Systems: Built in 1997, while the interior is updated, major systems such as HVAC, roof, or water heater may be original or nearing the end of their typical lifespan, potentially requiring future investment for maintenance or replacement.

Compared to the nearby listings

Price:$1.70M vs avg $3.04M ($-1,344,000)30%
Size:1,792 sqft vs avg 3,155 sqft17%
Price/sqft:$948 vs avg $92861%

More Insights

Built in 1997 (28 years old).
Condition: This property, built in 1997, presents as move-in ready with significant recent updates. The kitchen has been extensively remodeled with brand new quartz countertops, stainless steel appliances, and modern soft-close cabinets, placing it in excellent condition. The interior boasts gleaming floors, new baseboards, and modern updates throughout, including new flooring in additional bedrooms. While the bathrooms are clean and functional with dual vanities, their style (e.g., tile countertops in the primary bath) suggests they have not been renovated to the same 'brand new' standard as the kitchen, showing some signs of being outdated. The primary concern, as noted in the property analysis, is the potential for older core systems (HVAC, roof, water heater) which, at 27 years old, may be nearing the end of their expected lifespan. Despite this, the extensive cosmetic renovations and the excellent condition of the kitchen elevate the property beyond 'Fair', making it a strong 'Good' score.
Year Built
1997
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
$948
HOA
$41
Days on market
-
Sold On
-
MLS number
ML82009077
Home ConditionGood
Features
Good View: Mountain(s), Neighborhood
Patio
ViewMountain(s), Neighborhood

About this home

Welcome to this stunning 3-bedroom, 2.5-bathroom home on a rare 8,450 SqFt lot in Basking Ridge. Offering 1,792 SqFt of well-designed living space, it blends comfort, functionality, and modern finishes. Inside, enjoy a bright open floor plan with soaring ceilings and expansive windows that flood the home with natural light. Sunlit living spaces feature gleaming floors and modern updates throughout. The remodeled kitchen boasts brand new quartz countertops, stainless steel appliances, brand new soft-close cabinets with Lazy Susan, a center island, and a pantry. Separate living and family rooms provide versatile spaces for everyday living and entertaining. Upstairs, the primary suite includes vaulted ceilings, a walk-in closet, and dual vanity. Two additional bedrooms with new flooring share a Jack & Jill bathroom. New baseboards add a fresh touch throughout. Step outside to a remarkable oversized backyard with low-maintenance landscaping ideal for entertaining or family play. Additional highlights include an attached two-car garage with built-in cabinetry and a water softener. Located within walking distance to scenic Coyote Creek trails, parks, top-rated school, and easy access to Highways 85 and 101, this home blends lifestyle, location, and livability perfectly.

Nearby schools

6/10
Ledesma (Rita) Elementary School
Public,K-60.3mi
6/10
Bernal Intermediate School
Public,7-81.9mi
5/10
Oak Grove High School
Public,9-123.0mi
Condition Rating
Good

This property, built in 1997, presents as move-in ready with significant recent updates. The kitchen has been extensively remodeled with brand new quartz countertops, stainless steel appliances, and modern soft-close cabinets, placing it in excellent condition. The interior boasts gleaming floors, new baseboards, and modern updates throughout, including new flooring in additional bedrooms. While the bathrooms are clean and functional with dual vanities, their style (e.g., tile countertops in the primary bath) suggests they have not been renovated to the same 'brand new' standard as the kitchen, showing some signs of being outdated. The primary concern, as noted in the property analysis, is the potential for older core systems (HVAC, roof, water heater) which, at 27 years old, may be nearing the end of their expected lifespan. Despite this, the extensive cosmetic renovations and the excellent condition of the kitchen elevate the property beyond 'Fair', making it a strong 'Good' score.
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 = 8450, living area = 1792.
Remodeled Kitchen: The kitchen has been extensively remodeled with brand new quartz countertops, stainless steel appliances, soft-close cabinets with Lazy Susan, a center island, and a pantry, offering a modern and highly functional space.
Expansive Outdoor Living: Features a remarkable oversized 8,450 SqFt backyard with low-maintenance landscaping, providing ample space ideal for entertaining, family play, and outdoor enjoyment.
Bright & Modern Interior: The home boasts a bright open floor plan with soaring ceilings, expansive windows for abundant natural light, gleaming floors, and modern updates throughout, including new baseboards.
Prime Location & Accessibility: Strategically located within walking distance to scenic Coyote Creek trails, parks, and a top-rated elementary school, with easy access to Highways 85 and 101, enhancing convenience and lifestyle.
Top-Rated Local Schools: Benefits from proximity to highly-rated schools, including Ledesma Elementary (rated 6) within 0.3 miles and Bernal Intermediate (rated 6) within 1.9 miles, appealing to families.

Cons

Potential for Older Core Systems: Built in 1997, while the interior is updated, major systems such as HVAC, roof, or water heater may be original or nearing the end of their typical lifespan, potentially requiring future investment for maintenance or replacement.
Lack of Mentioned Central Air Conditioning: The property description does not specify the presence of a central cooling system, which could be a significant drawback for comfort during San Jose's warmer months.
Monthly Association Fee: A recurring monthly association fee of $41.0 adds to the overall cost of homeownership, which some buyers may prefer to avoid.

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