876 Dry Creek Road, Campbell, California 95008, Campbell, 95008 - 3 bed, 2 bath

876 Dry Creek Road, Campbell, California 95008 home-pic-0
ACTIVE UNDER CONTRACT$2,199,000
876 Dry Creek Road, Campbell, California 95008
3Beds
2Baths
2,392Sqft
13,068Lot

Price Vs. Estimate

The estimated value ($2,179,593.69) is $19,406.31 (0%) lower than the list price ($2,199,000). 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 = 13068, living area = 2392.
Top Cons:
Extensive Renovation Required: The property is not move-in ready, requiring substantial financial investment and time for a complete remodel, including installation of new cabinets, appliances, and finishes.

Compared to the nearby listings

Price:$2.20M vs avg $2.06M (+$139,000)63%
Size:2,392 sqft vs avg 1,665 sqft85%
Price/sqft:$919 vs avg $1.2K4%

More Insights

This property has been on the market for 45 days.
Built in 1950 (75 years old).
Condition: Built in 1950, this property has undergone 'light demo with cabinets and appliances removed,' as confirmed by the images showing gutted kitchen and bathroom areas, exposed framing, and bare subfloors. It is explicitly stated as a 'blank canvas' requiring a complete remodel, including new cabinets, appliances, and finishes. Major systems (electrical, plumbing, HVAC) are likely original and will require significant upgrades. While the structure is described as solid, the interior is currently unlivable and requires substantial repairs and rehabilitation, aligning with the 'poor' condition criteria.
Year Built
1950
Close
-
List price
$2.2M
Original List price
$2.29M
Price/Sqft
$919
HOA
-
Days on market
45 Days
Sold On
2025-12-01
MLS number
ML82023931
Home ConditionPoor
Features
Patio
ViewHills, Neighborhood

About this home

Calling all contractors, investors, and visionaries! This 3BD + upstairs loft, 2BA home (approx. 2,392 sq. ft.) has undergone light demo with cabinets and appliances removedcreating a true blank canvas for your remodel or redevelopment vision. Functional layout and solid structure set the stage for a high-end transformation. Storybook curb appeal and completed prep work save time and upfront costs. Located in a desirable San Jose neighborhood with top-rated schools and close proximity to shopping, dining, and commuter routes. Enter this area below the latest $3M sale and bring your vision to life!

Condition Rating
Poor

Built in 1950, this property has undergone 'light demo with cabinets and appliances removed,' as confirmed by the images showing gutted kitchen and bathroom areas, exposed framing, and bare subfloors. It is explicitly stated as a 'blank canvas' requiring a complete remodel, including new cabinets, appliances, and finishes. Major systems (electrical, plumbing, HVAC) are likely original and will require significant upgrades. While the structure is described as solid, the interior is currently unlivable and requires substantial repairs and rehabilitation, aligning with the 'poor' condition criteria.
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 = 13068, living area = 2392.
Prime Location: Located in a desirable San Jose neighborhood, offering top-rated schools and excellent proximity to shopping, dining, and major commuter routes, enhancing long-term value.
Significant Renovation Potential: Presented as a 'true blank canvas' with light demolition already completed, providing a solid foundation and saving initial costs for a high-end custom transformation.
Generous Lot Size: A substantial 13,068 sq. ft. lot offers ample space for potential expansion, extensive landscaping, or the addition of an Accessory Dwelling Unit (ADU), subject to local regulations.
Competitive Market Positioning: Priced to 'enter this area below the latest $3M sale,' suggesting a compelling investment opportunity with significant potential for value appreciation post-renovation.
Solid Structural Foundation: Described as having a 'functional layout and solid structure,' which is crucial for investors and contractors looking to undertake a major remodel without significant foundational issues.

Cons

Extensive Renovation Required: The property is not move-in ready, requiring substantial financial investment and time for a complete remodel, including installation of new cabinets, appliances, and finishes.
Age of Systems: Built in 1950, the home likely has original or outdated electrical, plumbing, and HVAC systems that will require significant upgrades to meet modern standards and efficiency expectations.
Uncertain Total Cost: As a 'blank canvas,' the total cost of ownership is highly variable and dependent on the buyer's renovation vision, making it challenging for some buyers to budget accurately.

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