$2,800,000
Sold Price21851 Almaden Avenue, Cupertino, CA 95014
About this home
Tired of mediocre $3.5-6 million dollar houses in Cupertino on undersized lots with limited appreciation potential? Consider this unique opportunity in Monta Vista. Exceptional location. Looking for buyer that wants to capture $2 million profit/equity while creating beautiful peaceful residence(s). My lot allows new owner to build a custom 4,200 sq. ft. SFR (& some ADUs). It also allows, for example, a 3,000 sq. ft. principal residence, a large ADU and small ADU. The ADUs would be detached structures with lots of sunlight and you would have a private rear yard behind your principal residence. Or you might build two x 2,000 ft. houses surrounded by garden. That's three desirable alternates. These build-out options were not permitted until recently by Cupertino. This is a beautiful and private lot. Convert your stagnant appreciated equities into an investment vehicle for inflation safe, high appreciation, real estate in a privileged location. For total investment of approx. $5 million, projected ROI is $2 million. And you may generate over $100k/year income. Desirable location; high investment return; income; privacy; exclusivity; community; and natural beauty.
infoProperty Facts
Bedrooms
2
Bathrooms
1
Square Feet
1,109
Lot Size
9,900 sqft
Year Built
1942
Property Type
Single Family Residence
Days on Market
123
HOA Fee
N/A
Garage Total
0
MLS #
ML82010766
chairInterior Details
General Interior
Flooring
Carpet
Fireplace
Living Room, Wood Burning
Climate Control
Heating
Wall Furnace
deckExterior & Lot
Building & Construction
Construction
Stucco
Roof
Composition
Nearby Schools
| Rating | School Name |
|---|---|
| 9 | GreatSchools High (Demo) public |
| 7 | Valley View Elementary (Demo) public |
| 6 | Lincoln Middle School (Demo) public |
| NR | St. Mary Example Academy (Demo) private |
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