1545 Stone Creek Drive, San Jose, California 95132, San Jose, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$8,700,000
1545 Stone Creek Drive, San Jose, California 95132
4Beds
2Baths
2,475Sqft
112,806Lot
Year Built
1965
Close
-
List price
$8.7M
Original List price
$8.7M
Price/Sqft
-
HOA
-
Days on market
489 Days
Sold On
2026-10-28
MLS number
ML82012612
Home ConditionFair
Features
Good View: Hills
ViewHills

About this home

Exceptional Residential Development Opportunity! 1545 & 1501 Stone Creek Drive, San Jose, CA 95312. Offering four contiguous parcels totaling approximately 2.59 acres, this prime San Jose property presents a rare and highly desirable opportunity for multi-home residential development. Located in a terrific Berryessa neighborhood with sought-after schools, dining, parks, & convenient access to HWYS 680 & 880, these parcels are being sold together as a single offering. Currently situated on the property is a nicely maintained 4 bed / 3 bath 2,475 sq ft home, along with a small apricot orchard. Don't miss your chance to acquire a substantial landholding in the Bay Area market. Perfect for builders, developers, investors focused on residential projects, or someone looking to create their own private oasis.

Price History

Date
Event
Price
06/26/25
Listing
$8,700,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (40 Listings)
Beds44
50%
Baths22
50%
Square foot2,4751,667
93%
Lot Size112,8066,090
95%
Price$8.7M$1.69M
98%
Price per square foot$3,515$983
98%
Built year19651971
24%
HOA
Days on market132143
44%
Condition Rating
Fair

The property was built in 1965, making it nearly 60 years old. While the listing description states it is 'nicely maintained,' there are no interior images provided to assess the condition, style, and features of the kitchen, bathrooms, appliances, flooring, or light fixtures. Given its age, it is highly probable that these key areas are dated and would require minor to substantial updates to meet current aesthetic and functional standards, even if well-kept. This aligns with the 'Fair' category, indicating the home is aged but maintained, with major components functional but showing signs of being outdated.
Pros & Cons

Pros

Exceptional Development Opportunity: The property offers a rare and highly desirable opportunity for multi-home residential development across four contiguous parcels, appealing directly to builders and investors.
Substantial Landholding: Comprising approximately 2.59 acres (112,806 sq ft), this is a significant and rare landholding in the competitive Bay Area market, providing ample space for large-scale projects or a private estate.
Prime San Jose Location: Situated in a terrific Berryessa neighborhood of San Jose, known for sought-after schools, dining, parks, and convenient access to major highways (680 & 880), enhancing its desirability.
Existing Maintained Residence: Includes a nicely maintained 4 bed/3 bath, 2,475 sq ft home, which can provide immediate utility, potential rental income during development planning, or serve as a base for a private oasis.
Versatile Investment Appeal: The offering is ideal for a wide range of high-value buyers including builders, developers, investors focused on residential projects, or individuals seeking to create a substantial private estate.

Cons

Active Under Contract Status: The property is currently under contract, meaning it is not immediately available for new offers or purchase, which can deter interested parties.
Prolonged Market Duration: With 489 days on market, the property has experienced an unusually long listing period, which may indicate pricing challenges, market resistance, or other underlying issues.
High Capital Investment: The $8.7 million list price represents a substantial financial commitment, potentially narrowing the pool of qualified buyers despite its significant development potential.

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