761 Margaret Lane, Campbell, California 95008, Campbell, 95008 - 2 bed, 1 bath
Loading property details...
Campbell, California 95008
This property presents a High-Potential Investment Opportunity with a List Price of $1,749,995—positioned well above the $1,631,984 Fair Market Value by 7%. While the pricing reflects a premium, the 8,750-square-foot lot and Dual-Unit Versatility provide significant upside for forced appreciation. With a Condition Rating of 4, the property requires modernization, making it a strategic Value-Add Asset. The layout is ideal for multi-generational living or rental income. This is a compelling acquisition for Buy-and-Hold Investors or Developers seeking to maximize density in a prime Campbell location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 761 Margaret Lane Subject | $1,749,995* List Price | 2 | 1 | 1,152 | $1,417 | - |
A 912 Connie Drive Sold | $1,560,000 | 4 | 2 | 1,189 | $1,312 | 0.5 mi |
B 670 W Rincon Avenue Active | $1,668,000 List Price | 3 | 1 | 1,104 | $1,511 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, the property features a dated kitchen with oak cabinetry and tile countertops, along with older bathroom fixtures likely exceeding 20-30 years in age. While the interior has been refreshed with newer laminate flooring and paint, the listing explicitly identifies it as a 'fix-and-flip' or development opportunity, suggesting that major systems and finishes are nearing the end of their functional life.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8750, living area = 1152.
The property features two separate homes on a single lot, providing exceptional flexibility for rental income, multi-generational living, or a private guest house.
Situated on a generous 8,750-square-foot lot, the property offers significant upside for investors or homeowners looking to expand, remodel, or redevelop in a high-demand area.
Built in 1948, the main residence and secondary unit likely require substantial modernization and repairs to meet contemporary living standards.
With 62 days on the market and a significant price reduction of over $125,000, the property has struggled to find a buyer at its initial valuation, potentially indicating underlying condition or pricing concerns.
$125K PRICE REDUCTION!! Rare opportunity in a desirable Campbell location! This unique property features two homes on one lot, offering exceptional flexibility for homeowners, investors, or developers. The main residence offers 1,152 square feet with 2 bedrooms and 1 bathroom, providing a comfortable layout with great natural light and plenty of potential to update, expand, or reimagine. The second home is approximately 600 square feet and includes 1 bedroom and 1 bathroom, making it ideal for extended family, guests, rental income, or a private home office. Situated on a generous lot, the property presents multiple possibilities perfect for multi-generational living, an investment opportunity, a fix-and-flip project, or potential future development. Located in a convenient Campbell neighborhood close to shopping, dining, parks, and commuter routes, this is a rare chance to own a versatile property with significant upside potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,152 | 2,062 |
| Lot Size | 8,750 | 9,100 |
| Price | $1.75M | $2.53M |
| Price per sq ft | $1.5K | $1.2K |
| Built year | 1948 | 1951 |
| HOA | $0 | $179 |
| Days on market | 85 | 34 |
Jun 30, 2026
$1,749,995
$1,875,995
-7% Price Drop
Initial Listing
Apr 29, 2026
$1,875,995
Initial Listing