696 Margaret Street, San Jose, California 95112, San Jose, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$3,298,000
696 Margaret Street, San Jose, California 95112
4Beds
3Baths
3,901Sqft
27,940Lot
Year Built
1928
Close
-
List price
$3.3M
Original List price
$3.3M
Price/Sqft
-
HOA
-
Days on market
42 Days
Sold On
2025-11-24
MLS number
ML82024659
Home ConditionExcellent
Features
Pool
Spa
Patio
ViewNeighborhood

About this home

Welcome to this exceptional 1928 Spanish Hacienda style estate, an architectural gem in San Joses prestigious Naglee Park. Gated and private, this 4BD/3BA residence offers 3,901 sq. ft. of refined living on nearly 2/3 acre of landscaped grounds. Inside, Old-World craftsmanship blends seamlessly with modern updates. A dramatic mahogany foyer opens to a sun-filled formal living room with grand fireplace ideal for entertaining. The open chef's kitchen features new stone countertops, designer tile, Sub-Zero refrigerator, and Bertazzoni appliances including double ovens and a 5-burner cooktop, plus a sous prep area. The upper-level primary suite is a private retreat with fireplace, Juliet balcony, and flexible sitting/office area. The remodeled ensuite boasts dual vanities, custom shower, and generous walk-in closet. A finished 400 sq. ft. basement adds versatility with kitchenette, wine cellar, and walk-out access to the stunning yard. Outdoors, enjoy a resort-style setting with flagstone patios, pool/spa, bocce court, alfresco kitchen, terraced lawns, rose garden, raised beds, and children's play area. Three-car garage plus space for pool house or ADU. Prime location minutes from Downtown San Jose, with easy access to 280/680/101/87 and top employers like Adobe, Google, and Zoom.

Nearby schools

2/10
Selma Olinder Elementary School
Public,K-50.4mi
3/10
Lowell Elementary School
Public,K-50.5mi
4/10
Horace Mann Elementary School
Public,K-51.1mi
4/10
Peter Burnett Middle School
Public,6-82.3mi
3/10
San Jose High School
Public,9-121.3mi

Price History

Date
Event
Price
10/13/25
Listing
$3,298,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (44 Listings)
Beds43
71%
Baths32
62%
Square foot3,9011,568
96%
Lot Size27,9406,000
98%
Price$3.3M$1.26M
96%
Price per square foot$845$861
49%
Built year19281922
60%
HOA
Days on market23147
2%
Condition Rating
Excellent

Despite being built in 1928, this Spanish Hacienda estate has undergone extensive, high-quality modern updates, particularly in the kitchen and primary bathroom. The kitchen features new stone countertops, designer tile, and high-end Sub-Zero and Bertazzoni appliances, indicating a very recent and top-tier renovation. The primary ensuite is also described as 'remodeled' with dual vanities and a custom shower. The property showcases a seamless blend of Old-World craftsmanship with contemporary finishes, recessed lighting, well-maintained hardwood and tile flooring, and immaculate landscaping, suggesting no deferred maintenance and components that are virtually new or extensively updated to current quality standards.
Pros & Cons

Pros

Prime Location & Connectivity: Situated in prestigious Naglee Park, offering excellent access to Downtown San Jose, major freeways (280/680/101/87), and proximity to top tech employers like Adobe, Google, and Zoom.
Resort-Style Outdoor Living: Expansive nearly 2/3 acre grounds feature a private pool/spa, bocce court, alfresco kitchen, and meticulously landscaped gardens, providing exceptional entertainment and relaxation spaces.
Historic Architectural Elegance: A rare 1928 Spanish Hacienda, showcasing original Old-World craftsmanship beautifully integrated with significant modern updates, preserving its unique character while offering contemporary comfort.
High-End Kitchen & Primary Suite: Features an open chef's kitchen equipped with new stone countertops, designer tile, Sub-Zero, and Bertazzoni appliances, complemented by a remodeled primary ensuite with luxury finishes.
Flexible & Expanded Living Space: Includes a versatile 400 sq. ft. finished basement with a kitchenette and wine cellar, plus potential for an ADU or pool house, adding significant functional value.

Cons

Potential for System Obsolescence: While updated, the 1928 construction year suggests potential for original or aging core systems (e.g., electrical, plumbing, HVAC) that may require future investment or maintenance.
High Maintenance Demands: The extensive 2/3 acre property with a pool, spa, and elaborate landscaping implies considerable ongoing time and financial commitment for upkeep.
Absence of Central Cooling System: The property description does not specify a central air conditioning system, which could be a comfort concern and potential upgrade cost for buyers in warmer climates.

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