Incredible development opportunity with 1.5 acres of land and beautiful city views in San Joses East Foothills! This property includes two adjoining parcels (APN 601-31-062 & 601-31-061) being sold together, offering flexibility for developers, investors, or multi-generational living. Currently, the property features two separate structures: 2-bedroom, 1-bath home and another 2-bedroom, 1-bath home. Perfect for immediate rental income, extended family living, or redevelopment. Significant groundwork has already been completed toward new construction on APN 601-31-062, saving the future owner valuable time and resources. Couple steps left to obtain final building approval. New plans are for 5 bed / 3.5 bath and total living space of 2,508 sqft. Nestled in the serene San Jose foothills, this property offers quiet hillside living with easy access to freeways, shopping, schools, and downtown San Jose. With the added benefit of two parcels, the possibilities are endless expand, rebuild, or create your dream estate. Don't miss this unique chance to own a multi-parcel property with tremendous potential and permitting progress already underway!
MLS #
ML82023249
MLS Source
MLSListings, Inc.
Days on Site
36
Dining Room
Dining Area
Family Room
Kitchen/Family Room Combo
Fireplace
Living Room
Cooling
None
Heating
Central Forced Air
Roof
Composition
Foundation
Slab
Garage/Parking
Detached, Parking Area, Garage: 1 Car(s)
Elementary District
Berryessa Union Elementary
High School District
East Side Union High
Sewer
Septic Tank
Water
Public
Zoning
R1-10
14862 Watters Dr is a Single Family Residence in San Jose, CA 95127. This 1,080 square foot property sits on a 1.552 Acres Lot and features 2 bedrooms & 1 full bathrooms. It is currently priced at $1,499,888 and was built in 1946. This address can also be written as 14862 Watters 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.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of October 14, 2025. For the most current information, please contact Anton Lazarenko, (650) 862-3173