Buy this home with a down payment as low as $17,000 vs $338,000 through Jubilees Joint Purchase Program You purchase the house, Jubilee purchases the land and then leases it to you. Your total monthly cost (mortgage + ground rent) is comparable to a traditional mortgage payment on the full property value. You can buy the land at any time within 99 years. This renovated 4-bed, 2-bath home in San Jose sits on a rare half-acre lot and includes nearly $200,000 in upgrades. Highlights include vaulted ceilings, bamboo floors, a quartz fireplace, and a modern kitchen with a marble island, quartz countertops, and designer finishes. Both bathrooms feature quartz vanities and glass showers. The spacious primary suite offers dual closets, and a converted garage provides a private in-law suite. The backyard is ideal for entertaining, with lush landscaping, a gazebo, and a storage shed. Jubilee Details: The initial ground rent is approximately $7,000/month in Year 1, adjusted annually for inflation thereafter. If you decide to buy the land, the buyout price is based on the greater of our initial investment and the fair market value of the property. Terms vary based on loan approval and program eligibility.
MLS #
ML82000797
MLS Source
MLSListings, Inc.
Days on Site
38
Bedrooms
Walk-in Closet
Bathrooms
Dual Flush Toilet, Primary - Stall Shower(s), Stall Shower, Updated Bath(s)
Kitchen
Island
Appliances
Cooktop - Gas, Dishwasher, Garbage Disposal, Hood Over Range, Ice Maker, Microwave, Oven - Built-In, Refrigerator, Washer/Dryer
Dining Room
Eat in Kitchen
Family Room
Separate Family Room
Fireplace
Other
Flooring
Laminate, Tile
Laundry
Inside
Cooling
Central Forced Air
Heating
Central Forced Air - Gas
Roof
Composition
Foundation
Concrete Perimeter, Crawl Space
Pool
Spa/Hot Tub
Garage/Parking
Attached Garage, On Street, Parking Area, Garage: 0 Car(s)
Elementary District
Mt. Pleasant Elementary
High School District
East Side Union High
Sewer
Public Sewer
E.V. Hookup
Electric Vehicle Hookup Level 2 (240 volts)
Water
Public
Zoning
A-PD
Listing Agent
Thao Nguyen
Real Estate Experts
License #: 02092505
Phone: (408) 686-2468
Co-Listing Agent
Lin Lin Tsou
Real Estate Experts
License #: 01909440
Phone: (408) 605-0114
1241 Renraw Dr is a Single Family Residence in San Jose, CA 95127. This 1,841 square foot property sits on a 0.641 Acres Lot and features 4 bedrooms & 2 full bathrooms. It is currently priced at $1,688,888 and was built in 1978.
This address can also be written as 1241 Renraw Dr, San Jose, CA 95127.©2025 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of May 23, 2025. For the most current information, please contact Thao Nguyen, (408) 686-2468