$125K PRICE REDUCTION!! Rare opportunity in a desirable Campbell location! This unique property features two homes on one lot, offering exceptional flexibility for homeowners, investors, or developers.
The main residence offers 1,152 square feet with 2 bedrooms and 1 bathroom, providing a comfortable layout with great natural light and plenty of potential to update, expand, or reimagine. The second home is approximately 600 square feet and includes 1 bedroom and 1 bathroom, making it ideal for extended family, guests, rental income, or a private home office.
Situated on a generous lot, the property presents multiple possibilities perfect for multi-generational living, an investment opportunity, a fix-and-flip project, or potential future development. Located in a convenient Campbell neighborhood close to shopping, dining, parks, and commuter routes, this is a rare chance to own a versatile property with significant upside potential.
For sale
Price cut: $126K (6/29)
$1,749,995
761 Margaret Ln, Campbell, CA 95008
2beds
1,152sqft
:
Get pre-qualified$11,183/mo
Single Family Residence, Residential
Built in 1948
8,750 Square Feet Lot
$1,709,400 Zestimate®
$1,519/sqft
$-- HOA
What's special
- 105 days |
- 725 |
- 28 |
Zillow last checked:
Listing updated:
Listed by:
Mike Gaines 01244568 408-568-2800,
Compass 408-427-8963
Source: MLSListings Inc,MLS#: ML82037997
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Features: PrimaryBedroomonGroundFloor, BedroomonGroundFloor2plus
Bathroom
- Features: FullonGroundFloor
Dining room
- Features: EatinKitchen
Family room
- Features: Other
Heating
- Other
Cooling
- Other
Features
- Flooring: Other
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,152
- Total interior livable area: 1,152 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off Street
- Garage spaces: 2
Features
- Stories: 1
Lot
- Size: 8,750 Square Feet
Details
- Parcel number: 40309021
- Zoning: R-1-6
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Concrete Perimeter
- Roof: Other
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Gas: PublicUtilities
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: Campbell
Financial & listing details
- Price per square foot: $1,519/sqft
- Tax assessed value: $721,003
- Annual tax amount: $9,842
- Date on market: 4/29/2026
- Listing agreement: ExclusiveRightToSell
Estimated market value
Zestimate®
$1,709,400
Estimated sales range
$1.62M - $1.79M
Rent Zestimate®
$3,257/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Price change | $1,749,995-6.7%$1,519/sqft |
Source: | ||
| 4/30/2026 | Listed for sale | $1,875,995$1,628/sqft |
Source: | ||
| 3/10/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/5/2019 | Listing removed | $2,000$2/sqft |
Source: Owner Report a problem | ||
| 8/29/2019 | Listed for rent | $2,000-28.6%$2/sqft |
Source: Owner Report a problem | ||
| 2/18/2019 | Listing removed | $2,800$2/sqft |
Source: Owner Report a problem | ||
| 12/12/2018 | Listed for rent | $2,800$2/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,842 +3% | $721,003 +2% |
| 2024 | $9,558 +1.3% | $706,867 +2% |
| 2023 | $9,431 +0.4% | $693,008 +2% |
| 2022 | $9,394 +1.9% | $679,420 +2% |
| 2021 | $9,217 +2.7% | $666,099 +1% |
| 2020 | $8,975 | $659,270 +2% |
| 2019 | $8,975 +4.7% | $646,344 +2% |
| 2018 | $8,569 | $633,671 +2% |
| 2017 | $8,569 +1.5% | $621,247 +2% |
| 2016 | $8,441 +8.3% | $609,067 +1.5% |
| 2015 | $7,797 +3.9% | $599,919 +2% |
| 2014 | $7,504 | $588,168 +0.5% |
| 2013 | -- | $585,511 +2% |
| 2012 | -- | $574,031 +2% |
| 2011 | -- | $562,776 +5.2% |
| 2010 | -- | $535,000 -4.4% |
| 2009 | -- | $559,899 +2% |
| 2008 | -- | $548,922 +2% |
| 2007 | -- | $538,160 +2% |
| 2006 | -- | $527,609 +2% |
| 2005 | -- | $517,265 +2% |
| 2004 | -- | $507,124 +6.9% |
| 2003 | -- | $474,200 +8% |
| 2002 | -- | $439,100 +48.7% |
| 2001 | -- | $295,348 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: San Tomas
Nearby schools
GreatSchools rating
- 9/10Forest Hill Elementary SchoolGrades: K-5Distance: 0.5 mi
- 9/10Rolling Hills Middle SchoolGrades: 6-8Distance: 1.1 mi
- 9/10Westmont High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- District: CampbellUnionElementary
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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