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2305 La Terrace Circle, San Jose, California 95123, San Jose, - bed, bath

home-pic
ACTIVE$480,000
2305 La Terrace Circle, San Jose, California 95123
1Bed
1Bath
543Sqft
Lot
Year Built
1985
Close
-
List price
$480K
Original List price
$498K
Price/Sqft
-
HOA
$660
Days on market
-
Sold On
-
MLS number
ML82019970
Home ConditionGood
Features
Patio
View-

About this home

Welcome to this inviting ground level condo located in the sought after Lakeview Terrace community, just a short stroll to Almaden Lake Park. The kitchen features sleek quartz countertops and a dining area that opens to the private patio, filling the home with natural light. Enjoy a spacious living room, a newly installed electrical sub-panel, and a furnace thats only two years old. The patio offers a planting area, storage closet, and privacy fencing, perfect for relaxing or gardening. Additional conveniences include an in-unit laundry room with washer and dryer. Community amenities include a sparkling pool and clubhouse. Across the street, Almaden Lake Park offers playgrounds, bocce ball courts, and scenic paved trails that connect to Los Alamitos Creek Trail. You will also love the easy access to shopping, restaurants, movie theaters, and highways 85 & 87.

Nearby schools

3/10
Allen at Steinbeck School
Public,•K-5•0.7mi
6/10
Castillero Middle School
Public,•6-8•1.6mi
4/10
Gunderson High School
Public,•9-12•1.4mi

Price History

Date
Event
Price
10/08/25
Price Change
$480,000-1.8%
09/23/25
Price Change
$489,000-1.8%
09/03/25
Listing
$498,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (41 Listings)
Beds12
12%
Baths11.5
50%
Square foot543986
2%
Lot Size00
Price$480K$643K
19%
Price per square foot$884$645.5
98%
Built year19859925993
64%
HOA$660$536
71%
Days on market63132
12%
Condition Rating
Good
The property, built in 1985, benefits from significant recent updates to critical systems, including a newly installed electrical sub-panel and a furnace that is only two years old. The kitchen features sleek quartz countertops, modern white cabinets, and stainless steel appliances, indicating a recent and tasteful renovation. While the bathroom's flooring and wall tiles appear dated, the overall property is move-in ready. The updated kitchen and major system replacements elevate the property's condition beyond 'Fair', aligning it with 'Good' as it is well-maintained and has updated components, even if not a full recent renovation throughout.
Pros & Cons

Pros

Exceptional Location & Recreation: Direct access to Almaden Lake Park, offering extensive outdoor activities, trails, and playgrounds, coupled with convenient access to shopping, dining, and major highways (85 & 87).
Key System Updates: Benefits from a newly installed electrical sub-panel and a furnace that is only two years old, minimizing immediate capital expenditures on critical infrastructure.
Modern Interior & Natural Light: Features a kitchen with sleek quartz countertops and a dining area that opens to a private patio, ensuring abundant natural light and a contemporary feel.
Desirable Community Amenities: Access to a sparkling community pool and clubhouse enhances the lifestyle offerings and overall appeal of the sought-after Lakeview Terrace community.
Convenient In-Unit Features: Includes the highly sought-after convenience of an in-unit laundry room with washer and dryer, and a private patio with a planting area and storage, adding practical value.

Cons

Substantial HOA Fees: The monthly association fee of $660 is notably high for a 1-bedroom condominium, potentially impacting affordability and long-term ownership costs.
Limited Living Space: At 543 square feet with one bedroom and one bathroom, the unit offers restricted living space, which may not suit all buyer needs or preferences.
Price History & School Performance: Multiple price reductions from the original list price indicate potential market resistance or initial overpricing. Furthermore, the assigned elementary and high schools have lower ratings (3 and 4), which could be a drawback for families.

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