See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1060 Wallace Dr, San Jose, CA, 95120

4beds
2baths
1,350sqft
$1,649,000
$1,221price/sqft
$10,658/moest. monthly cost
$426,320/yrincome needed

About This Home

Tastefully updated 4 bedroom, 2 bathroom north-facing home in Almaden with vaulted ceilings, skylights, recessed lighting, original hardwood floors, and abundant natural light throughout. The living and dining areas feel open and connected, leading into a bright kitchen with stainless steel appliances and gas cooking. Updated bathrooms, clean finishes, and flexible rooms offer space for work, guests, hobbies, or everyday living. The backyard features a large patio for outdoor dining, gardening, relaxing, or gathering with friends and family. A long driveway and attached garage add valuable parking, storage, home gym, or workshop potential, while the updated electrical panel, EV charger, and tankless water heater add modern utility. Enjoy a comfortable Almaden setting close to the foothills, outdoor recreation, and neighborhood amenities. Located near highly rated Almaden schools, parks, hiking and biking trails, shopping, and dining. Includes 1-year home warranty.

Getting Around

47
WalkingCar-Dependent
25
TransitSome Transit
71
BikeVery Bikeable

Schools

9/10
7/10
Castillero Middle SchoolGrades 6-80.9 mi
10/10
Leland High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1962

Materials

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Gas Cooktop,Dishwasher,Disposal,Microwave,Built In Oven,Refrigerator,Washer/Dryer
  • Laundry features: In Garage

Bathroom

  • Features: PrimaryStallShowers, ShoweroverTub1, SolidSurface, StallShower, Tile, UpdatedBaths

Bedroom

  • Features: GroundFloorBedroom, PrimaryBedroomonGroundFloor, BedroomonGroundFloor2plus

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: DiningArea

Family Room

  • Features: NoFamilyRoom

Features

  • High Ceilings,One Or More Skylights,Vaulted Ceiling(s),Open Beam Ceiling
  • Flooring: Hardwood,Tile

Heating & Cooling

  • Heating features: Central Forced Air Gas
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 1,350
  • Total interior livable area: 1,350 sqft

Kitchen

  • Features: Pantry, Skylights

Property

Details

  • Parcel number: 69621042
  • Zoning: R1-8
  • Special condition: Standard

Features

  • Stories: 1
  • Pool features: None
  • Patio & porch: Balcony/Patio
  • Exterior features: Back Yard,Barbecue,Fenced
  • Fencing: Back Yard
  • Has view: Yes
  • View description: Hills,Mountain(s)

Lot

  • Lot size: 6,000 sqft

Parking

  • Total spaces: 2
  • Parking features: Attached,On Street,Oversized
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Heat Wave

FEMA Declared Disasters in Santa Clara County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,338$100,056
Home Insurance *$155$1,860
Property Taxes $1,767$21,204
Electricity $398$4,786
Total$10,658$127,896
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$365,417/yr
40% on housing$319,740/yr
45% on housing$284,213/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,221This listing

vs Other Active Listings

Avg $/sqft

ZIP 95120$884
Santa Clara County$789

vs Homes Sold Last Month

Median $/sqft

ZIP 95120$997
Santa Clara County$1,052

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-09Listed for sale$1,649,000
2022-01-04Sold$1,550,000
2021-11-17Listing removed--
2021-10-29Price change$3,990
2021-10-19Price change$4,200
2021-10-14Listed for rent$4,500
2016-07-22Sold$854,000
2016-06-13Price change$900,000
2016-05-18Listed for sale$950,000
2016-03-22Listing removed$950,000
2016-03-19Listed for sale$950,000

For Sale by Agent

AgentOmid Larijani
BrokerageAlliance Bay Realty

Similar Homes