Description

Opportunity 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.

Property details

Property type

Land

Lot size

15,360 sqft

Location

1551 Walters Avenue • Campbell, CA 95008

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Listed by

Brett Jennings · Real Estate Experts ERA Powered

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Recent sales near 1551 Walters Avenue

1631 Fawn Court: Sold $2,600,000 · 4 bd · 2 ba · 1,520 sqft · Jul 2026 · 0.2 mi
Bailey Properties | DRE #01459135
Buyer's agent: Denise Welsh, Compass | DRE #00939903
1270 Burrows Road: Sold $3,200,000 · 5 bd · 3 ba · 2,703 sqft · May 2026 · 0.3 mi
Portico Realty and Investment | DRE #01336306
Buyer's agent: Joe Velasco, Coldwell Banker Realty | DRE #01309200
1659 Silacci Drive: Sold $1,768,000 · 4 bd · 2 ba · 1,322 sqft · Sep 2026 · 0.5 mi
1049 Lucot Way: Sold $2,085,000 · 3 bd · 2 ba · 1,520 sqft · Jul 2026 · 0.6 mi
DPL Real Estate | DRE #01803836
Buyer's agent: David Lillo, DPL Real Estate | DRE #01803836
956 W Hacienda: Sold $1,975,000 · Jun 2026 · 0.6 mi
Intero Real Estate Services | DRE #01957109
Buyer's agent: Joanne Antolin, Intero Real Estate Services | DRE #02010172
5020 Pine Tree Terrace: Sold $622,000 · 2 bd · 1 ba · 920 sqft · Aug 2026 · 0.7 mi
Gentry Real Estate | DRE #01945258
Buyer's agent: Spencer Hsu, eXp Realty of California Inc | DRE #02077253
5025 Pine Tree Terrace: Sold $610,000 · 2 bd · 2 ba · 970 sqft · Sep 2026 · 0.7 mi
2293 Middletown Drive: Sold $1,990,000 · 4 bd · 2 ba · 1,512 sqft · Aug 2026 · 0.9 mi
Christie's International Real Estate Sereno | DRE #01161920
Buyer's agent: Nicole Wyatt | DRE #02106586

Closed sales reported in 95008, nearest first, last 12 months. All recent sales in Campbell →

Land - 1551 Walters Avenue, Campbell, CA