10024 Bret Avenue, Cupertino, California 95014, Cupertino, - bed, bath
ACTIVE$3,498,000
10024 Bret Avenue, Cupertino, California 95014
2Beds
1Bath
1,063Sqft
9,375Lot
Year Built
1948
Close
-
List price
$3.5M
Original List price
$3.5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82013042
Home ConditionTear down
Features
View-
About this home
Two adjacent parcels (APN: 375-11-048 & 375-11-047) present exceptional development potential in a coveted Silicon Valley location. Situated minutes from Apple Park and Main Street Cupertino's premier dining and retail destinations. Both properties feature P(CG, Res) zoning, permitting residential and commercial mixed-use development. Located within highly sought-after Cupertino school boundaries: Sedgwick Elementary, Hyde Middle, and Cupertino High School (buyer to verify). This rare offering provides developers, investors, and owner-users the opportunity to create high-value assets in one of Cupertino's most desirable neighborhoods. Parcels available for purchase individually or together.
Nearby schools
7/10
D. J. Sedgwick Elementary School
Public,•PK-5•0.5mi
7/10
Warren E. Hyde Middle School
Public,•6-8•0.9mi
9/10
Cupertino High School
Public,•9-12•0.4mi
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (52 Listings) | |
|---|---|---|---|
| Beds | 2 | 4 | 6% |
| Baths | 1 | 3 | 8% |
| Square foot | 1,063 | 2,152 | 2% |
| Lot Size | 9,375 | 7,203 | 77% |
| Price | $3.5M | $3.43M | 55% |
| Price per square foot | $3,291 | $1,606 | 98% |
| Built year | 1948 | 1963 | 6% |
| HOA | $300 | ||
| Days on market | 127 | 147 | 43% |
Condition Rating
Tear down
The property was built in 1948 and the listing focuses on development potential, suggesting the existing structure is not a primary asset. Given the age and emphasis on redevelopment, it's likely the house requires demolition or extensive renovation, fitting the tear-down category. The description highlights the land's value for new construction rather than the existing home's condition.
Pros & Cons
Pros
Development Potential: Two adjacent parcels with P(CG, Res) zoning offer significant development potential for residential and commercial mixed-use projects.
Prime Location: Located in a highly desirable Silicon Valley location, minutes from Apple Park and Main Street Cupertino.
Excellent School District: Situated within the highly sought-after Cupertino school boundaries (Sedgwick Elementary, Hyde Middle, and Cupertino High School).
Large Lot Size: The combined lot size of 9375 sqft provides ample space for development or expansion.
Investment Opportunity: Presents a rare opportunity for developers, investors, and owner-users to create high-value assets in a prime Cupertino neighborhood.
Cons
Existing Structure Condition: The existing single-family residence, built in 1948 with 2 beds and 1 bath, may require significant renovation or demolition depending on development plans.
High List Price: The list price of $3,498,000 reflects the land value and development potential, which may limit the pool of potential buyers.
Uncertainty of Development Process: Navigating the development process, including permits and approvals, can be complex and time-consuming.