Price Reduced ListingOpportunity for investors, builders, and developers! Discover 1551 Walters Avenue, an approximately 15,360 sq ft residential property in Campbells established San Tomas neighborhood with significant potential to reimagine the site. The existing five-bedroom, 3.5-bath split-level home is offered as-is, creating multiple paths forward: renovate the existing residence, explore an SB-9 lot split for two homes, or investigate the potential for a small-scale multi-unit development of up to 10 units under SB-1123, subject to applicable requirements and buyer verification. The substantial lot, desirable West Valley location, and range of potential development strategies make this an opportunity worth exploring. Minutes to Downtown Campbell, The Pruneyard, parks, trails, shopping, and dining, with convenient access to San Tomas Expressway, Highways 17 and 85, and Interstate 280. Unlock the potential of this substantial Campbell property and envision what could be created here.
| MLS # | ML82063487 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 25 |
| Listing Provided By | Real Estate Experts ERA Powered | Brett Jennings |
| Zoning | R-1-9 |
|---|---|
| Acreage | 0.35 |
| Lot Features | Level |
|---|
| Sewer | Public Sewer |
|---|
| State | CA |
|---|---|
| County | Santa Clara |
| City | Campbell |
| Zip Code | 95008 |
| Area | 699 Not Defined |
| Listing VS Median (in 95008) | |
Price: $2,888,888 low | high Med: $1,600,000 On site: 25 low | high Med: 873 | |
| State | CA |
|---|---|
| County | Santa Clara |
| City | Campbell |
| Zip Code | 95008 |
| Area | 699 Not Defined |
| Listing VS Median (in 95008) | |
Price: $2,888,888 low | high Med: $1,600,000 On site: 25 low | high Med: 873 | |
![]() | $2,888,8881551 Walters AvenueCampbell, CA 95008 |