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.

Listed by of Brett Jennings of Real Estate Experts ERA Powered (408) 807-4541



The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than eXp Realty are marked with the Internet Data Exchange icon and detailed information about them includes the names of the listing brokers and listing agents. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, MLS Listings, Inc..
Last checked: 2026-10-10 11:22 AM UTC