October 9, 2012

Cupertino Cubic Cutie for under a CCC note

Today’s featured home is an architectural aristocrat among stupendous school districts.  Translation: wtf?  Thanks very much to Burbed reader wahnny for sending this Cupertino castle in!

121008-rainbow-redfin7367 RAINBOW Dr
Cupertino, CA 95014
$995,000

3 Beds 
2.5 Baths 
1,523 Sq. Ft.
$653 / Sq. Ft.
Status: Pending Without Release
Built: 1995 
Lot Size: 1,742 Sq. Ft. 
On Redfin: 20 days
HOA Dues: $150/month
Stories: 3
County: Santa Clara
Property Type: Detached Single Family
Community: Cupertino
MLS#: 81234699

This is one of the only two single family homes in this five unit complex. 17 years new. Comtemporary floor plan and bright, sunny natural lighting. New carpets. Newer paint. Crown molding. Hardwood floor in living and family room. Granite kitchen counter top. Private back yard. Award winning Cupertino school Regnart Elementary, Kennedy Middle and Monta Vista High.

121008-rainbow-diningHere’s what wahnny had to say about why this building block became Burbed:

Just came across this gem in Cupertino.

Asking price is just under $1million for a “17 year new” 3-story 1500+sqft cube house on 1700+ sqft lot.  Not exactly a “crapshack”, but it does seem pretty cramped (small rooms) and probably noisy too (close to highway, major thoroughfares).  Perhaps a small price to pay for access to the “award winning Cupertino schools”, and/or bee-line to Apple Inc.

It can’t be that bad.  The lot is 200 square feet bigger than the house, and there is some green amid all that low-maintenance cement. Plus, fewer windows means less work cleaning them and less sun damage to your drapes and artwork.  We’d say this detached home features all the benefits of townhouse living, right down to the HOA fees!

And wahnny must have been exaggerating for comic effect about the thoroughfare and highway nearby. 

121008-rainbow-satellite

See?  We know it wasn’t that bad! There’s a handy offramp as a buffer zone!

Comments (11) -- Posted by: madhaus @ 5:04 am

11 Responses to “Cupertino Cubic Cutie for under a CCC note”

  1. black_dong Says:

    653$/sq.ft. all I can say is Shiiite.

    I would like to buy a small house (circa 1500 sq foot, with a backyard and sorta low obstruction so I can trot out my telescopes at night) for one person, schools be damned. Is this even possible in San Mateo (not sure if San Mateo is considered Fortress)

    -black_dong

  2. nomadic Says:

    It’s pretty darn close to being a “crapshack.” But what is with the disappointing appreciation? It’s listed for exactly what the sellers paid for it in 2008. I guess it’s taking a rest after the meteoric increase in value (> 3x) in the prior 12 years.

    Note to realtard: you cannot call someplace “17 years new.” After five years it’s pathetic, and this place is waiting for its third owner.

  3. nomadic Says:

    Zestimate: $829k
    http://www.zillow.com/homedetails/7367-Rainbow-Dr-Cupertino-CA-95014/19637081_zpid/

  4. Divasm Says:

    Cupertino seems to be very masterful at finding “new land” to build houses. There was a Chevron gas station on the corner of Homestead and 85 while I was growing up, that sometime after that became a housing development, featuring like 6 new homes.

    http://www.zillow.com/homedetails/10985-Acacia-Way-Cupertino-CA-95014/79844146_zpid/

    They even created a little street, Acacia Way. Seriously, the only thing there before was a gas station. Just think – once we all have plug-in cars we can turn all the gas stations into housing developments!

  5. SEA Says:

    “This is one of the only two single family homes in this five unit complex.”

    Very special: One out of two out of three out of five.

  6. AstroWallaby Says:

    Is that a house or a fire station? Seriously:

    http://www.charlesandhudson.com/archives/ghostbusters-fire-station.jpg

    “… dogs and cats living together… mass hysteria!”

    If it had a pole running from the upstairs bedroom to the garage that would be sort of awesome, granted. Too awesome for Cupertino.

  7. sfbubblebuyer Says:

    The bay area is full of crappy additions on top of people’s garages. They just took it to the logical extreme of building the entire house on top of the garage. BRILLIANT!

  8. nomadic Says:

    Awesome find, AstroWallaby!

  9. madhaus Says:

    The bay area is full of crappy additions on top of people’s garages. They just took it to the logical extreme of building the entire house on top of the garage. BRILLIANT!

    That’s even better than a townhouse. Most of them have some kind of “bunus” room behind the garage. Maybe all this one has is a stairway to, well, hard to call this part of Cupertino “heaven.”

  10. madhaus Says:

    #1, there are plenty of crappy parts of San Mateo (*cough* North Shoreview *cough*) where you could buy a house for not a lot of money. Guess I should warn you that “not a lot of money” on Burbed means $500,000.

    Anyway, click on the San Mateo category at right and check out the range of housing fail we’ve already covered. Even more San Mateo goodness under the tag (which covers any mention of the city, even in passing.)

  11. Jb Says:

    There’s a condo building going in (not RBA) on a former gas station lot – ashby and telegraph – and I heard its got – 30 units in 5 stories. Gas station! Parking by some automated thing (one spot per unit). Anyway, those gas station lots – who knew?


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