862 Brea Lane, San Jose, California 95138, San Jose, 95138 - 2 bed, 2 bath
Loading property details...
San Jose, California 95138
This Townhome-Style Condo is a High-Potential Investment Opportunity, listed at $898,000—positioned well above the $746,183 Fair Market Value by -20%. While the property requires a premium, it offers a Fair Condition Rating with significant upside through cosmetic updates. Featuring a private 2-car garage, double-sided fireplace, and community pool/spa, it provides a lifestyle-focused layout in the tranquil Basking Ridge neighborhood. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a spacious, well-located residence with long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 862 Brea Lane Subject | $850,000* List Price | 2 | 2 | 1,257 | $570 | - |
A 6995 Rodling Drive F Sold | $835,000 | 3 | 3 | 1,335 | $625 | 0.7 mi |
B 808 Monarch Court Sold | $975,000 | 3 | 3 | 1,705 | $572 | 0.1 mi |
C 1114 Niguel Lane Active | $639,888 List Price | 1 | 2 | 1,003 | $638 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999 (25 years old), the property falls into the 'Fair' category based on age and dated finishes. While the unit is well-maintained and move-in ready with upgraded laminate flooring, the bathrooms show original oak-style cabinetry and white tile surfaces from the late 90s. The kitchen and systems are likely of a similar age, suggesting a need for cosmetic updates to meet modern 'Excellent' or 'Good' standards.
As an end-unit with soaring ceilings, massive windows, and a private two-car garage, this property offers the privacy and spacious feel of a townhome rather than a traditional condo.
Situated in the tranquil Basking Ridge area, the home is within walking distance to Rita Ledesma Elementary and Coyote Creek trails, while providing quick access to Highways 101 and 85.
The open floor plan is enhanced by upgraded laminate flooring, a unique double-sided gas fireplace, and a primary suite featuring a large walk-in closet.
While the elementary school is conveniently close, the assigned middle and high schools carry average ratings of 6 and 5, which may be a consideration for education-focused buyers.
The $438 monthly association fee represents a significant recurring expense that buyers must factor into their overall monthly carrying costs.
An Incredible Opportunity Awaits! Welcome home to this bright and beautiful 2-bed, 2-bath end-unit condo that truly lives like a townhome! Complete with a private 2-car garage, the sweeping open floor plan feels instantly inviting, highlighted by towering ceilings and massive windows that pour in natural light. Modern, comfortable touches are everywhere from the upgraded laminate floors to the stunning double-sided gas fireplace that perfectly anchors the large living and dining spaces. A peaceful private balcony for winding down. The chef-friendly kitchen is exceptionally roomy, offering tons of storage and a large breakfast bar for casual morning coffee. Relax in two oversized bedrooms; the primary suite even boasts a large walk-in closet. Located in the highly sought-after, tranquil Basking Ridge neighborhood, you can easily walk to the excellent Rita Ledesma Elementary and miles of nature along the Coyote Creek trails. Commuting and running errands are an absolute breeze with Highways 101/85, Costco, and bustling shopping plazas just minutes away. Complete with a community pool and hot tub to enjoy on weekends. Come and see, you will love it.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades 7-8 • 1.9 mi
Grades 9-12 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,257 | 1,335 | 40% |
| Lot Size | - | 436 | 40% |
| Price | $850.0K | $850.0K | 50% |
| Price per sq ft | $676 | $643 | 60% |
| Built year | 1999 | 1995 | 60% |
| HOA | $438.0 | $438 | 50% |
| Days on market | 16 | 101 | 20% |
Jun 5, 2026
$850,000
$898,000
-5% Price Drop
Initial Listing
May 21, 2026
$898,000
Initial Listing
May 21, 2021
$805,000
Public Record
Jul 27, 2010
$460,000
Public Record
Aug 1, 2003
$400,000
Public Record
Apr 23, 1999
$265,500
Public Record