1440 Norman Drive, Sunnyvale, California 94087, Sunnyvale, - bed, bath

home-pic
ACTIVE$2,288,888
1440 Norman Drive, Sunnyvale, California 94087
2Beds
1Bath
900Sqft
9,600Lot
Year Built
1951
Close
-
List price
$2.29M
Original List price
$2.9M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82020971
Home ConditionTear down
Features
Patio
View-

About this home

Welcome to this incredible opportunity to own and build a modern 5-bedroom & 5.5-bathroom home with a fully approved plan from the City of Sunnyvale. Seller has a fully approved plan that can be transferred over to the new owner. This is your opportunity to own and build your dream home in the prestigious Sunnyvale area of 94087.

Nearby schools

8/10
Laurelwood Elementary School
Public,K-50.5mi
6/10
Marian A. Peterson Middle School
Public,6-80.2mi
7/10
Adrian Wilcox High School
Public,9-121.9mi

Price History

Date
Event
Price
09/19/25
Price Change
$2,288,888-21.1%
09/17/25
Listing
$2,899,888
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (81 Listings)
Beds24
4%
Baths12
5%
Square foot9001,743
2%
Lot Size9,6007,048
90%
Price$2.29M$2.9M
4%
Price per square foot$2,543$1,664.5
96%
Built year19519805981
7%
HOA
Days on market49147
11%
Condition Rating
Tear down

The property was built in 1951, making it 73 years old. The images reveal an extremely dated interior with worn carpets, basic and old light fixtures, and a kitchen featuring original-era oak cabinets, basic sink, and dated tile flooring, with no visible modern appliances. There are no images of the bathroom, but it is highly likely to be in a similar condition. The listing description explicitly states this is an 'opportunity to own and build a modern 5-bedroom & 5.5-bathroom home with a fully approved plan,' indicating that the value is in the land and the approved plans for a new construction, rather than the existing structure. The current structure appears to have had no major renovations in decades and is considered obsolete, aligning with the criteria for a 'tear-down' where the value is based solely on the land and its potential for redevelopment.
Pros & Cons

Pros

Fully Approved Building Plans: The property comes with fully approved plans for a modern 5-bedroom, 5.5-bathroom home, significantly reducing the time, cost, and uncertainty typically associated with the permitting process for new construction.
Prime Sunnyvale Location: Located in the prestigious 94087 zip code of Sunnyvale, a highly sought-after Silicon Valley area known for its strong real estate market, excellent schools, and proximity to major tech employers.
Generous Lot Size: The 9600 sqft lot provides ample space for the proposed large new home, offering potential for extensive landscaping, outdoor living areas, or additional amenities in a desirable urban setting.
Significant Price Reduction: The list price has seen a substantial reduction from its original amount, potentially offering a more attractive entry point and increased value for a buyer willing to undertake construction.
Opportunity for Customization: This offering allows a buyer to build their 'dream home' from the ground up, customizing finishes, features, and layout to their exact specifications within the framework of the approved modern design.

Cons

Requires Full Construction Project: The property is essentially a land and plans package, meaning the buyer must undertake and finance the entire construction process, including demolition of the existing structure, which is a significant undertaking.
High Total Investment: Beyond the purchase price, buyers must factor in substantial construction costs, demolition expenses, and potential carrying costs during the building phase, leading to a very high overall financial commitment.
Existing Structure is Obsolete: The current 1951-built, 2-bed, 1-bath, 900 sqft home is likely a teardown, offering no immediate habitable value and requiring additional expense for its removal.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse market stats by State