854 Lakewood Drive, Sunnyvale, California 94089, Sunnyvale, 94089 - 3 bed, 2 bath
Loading property details...
Sunnyvale, California 94089
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,600,000—positioned well below the $1,742,628 Fair Market Value by 8%. This valuation gap offers $142,628 in Instant Equity. Featuring a comprehensive gut rehab, chef's kitchen, and private orchard backyard, the property maintains an Excellent Condition Rating. While local school ratings are moderate, the home’s proximity to major tech hubs provides significant lifestyle appeal. This is an ideal acquisition for tech-sector professionals or owner-occupants seeking a modern, move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 854 Lakewood Drive Subject | $1,600,000* List Price | 3 | 2 | 1,484 | $1,174 | - |
A 710 Lakechime Drive Sold | $1,750,000 | 4 | 2 | 1,375 | $1,273 | 0.5 mi |
B 1297 Socorro Avenue Sold | $1,480,000 | 3 | 2 | 1,108 | $1,336 | 0.6 mi |
C 734 Lakewood Drive Active | $1,299,000 List Price | 3 | 2 | 1,234 | $1,053 | 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 gut rehab and is fully modernized. It features a chef's kitchen with premium appliances, updated designer bathrooms, and upgraded systems including new HVAC, central A/C, and a 200-amp electrical panel, meeting the criteria for a recent high-end renovation.
The property has undergone a complete gut rehab, featuring a chef's kitchen with a sky roof, designer bathrooms, and updated systems like a 200-amp panel and central A/C, offering a true turnkey experience.
Ideally situated in the heart of Silicon Valley, the home offers unparalleled access to major employers like Google, Meta, and Amazon, as well as the brand-new Lakewood Library.
The generous 6,360 sqft lot includes a private front deck and a massive orchard backyard with mature fruit trees and raised beds, providing a rare urban oasis for gardening and entertaining.
The property is served by schools with lower performance ratings, such as Lakewood Elementary (4/10) and Columbia Middle (3/10), which may impact appeal for education-focused families.
A significant list price increase from approximately $1.4M to $1.6M within a short timeframe may lead to appraisal challenges or buyer hesitation regarding the current market valuation.
TRANSPARENT PRICE Welcome to your Silicon Valley sanctuary, this fully modernized, North-facing turnkey home offers 3 bed, 2 bath, and 1,484 square feet of reimagined living space. Following a comprehensive gut rehab, the property perfectly balances a peaceful residential retreat with unbeatable access to the tech corridor. The interior boasts gleaming hardwood floors, fully updated designer bathrooms, and a chefs kitchen equipped with premium appliances and a stunning sky roof. A gorgeous, sunlit family room addition features a beautiful skylight, while the primary suite provides a serene escape complete with a coveted walk-in closet. Upgraded for modern living, the home includes HVAC, central A/C, double-pane windows, and a 200-amp electrical panel. Outside, a private front approach with a raised fence, custom deck, and bay window leads to a massive, sun-soaked orchard backyard filled with raised beds and mature fruit trees, including oranges, lemons, grapes. The fully finished garage also comes equipped with an integrated Tesla EV charger. Situated just minutes from major tech hubs like Google, Meta, Amazon, and the upcoming OpenAI campus, the home is steps away from the brand-new 20,000 sqft Lakewood Library and within a mile of groceries, and diverse dining options.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 2.9 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 | 1,484 | 1,429.5 | 50% |
| Lot Size | 6,360 | 5,967.5 | 75% |
| Price | $1.60M | $1.77M | 25% |
| Price per sq ft | $1.1K | $1.3K | 25% |
| Built year | 1957 | 1957 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 115 | 8% |
May 26, 2026
$1,600,000
Initial Listing
May 25, 2026
$1,399,888
Initial Listing
Feb 21, 2018
$1,099,000
Public Record