https://www.latimes.com/california/story/2024-04-19/tiny-cupertino-home-is-selling-for-over-1-7-million * News + Home Page + California + Election 2024 + Housing & Homelessness + Politics + Science & Medicine + World & Nation * Business + Artificial Intelligence + Autos + Jobs, Labor & Workplace + Real Estate + Technology and the Internet * California + California Politics + Earthquakes + Education + Housing & Homelessness + L.A. Politics + Mental Health * Climate & Environment + Global Warming + Water & Drought * Entertainment & Arts + Arts + Books + Stand-Up Comedy + Company Town + The Envelope (Awards) + Movies + Music + Television + Things to Do * De Los * En Espanol * Food + 101 best restaurants in L.A. + Recipes * Image * Lifestyle + Health & Wellness + Home Design + L.A. 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Times? + Hot Property Sections + Place an Open House + Sotheby's International Realty * Bestcovery + Compare * B2B Publishing * Business Visionaries * Hot Property * Crossword & Games * L.A. Times Events * L.A. Times Store * Subscriptions + Manage Subscription + EZPAY + Delivery Issue + eNewspaper + Students & Educators + Subscribe + Subscriber Terms + Gift Subscription Terms * Special Supplements + Escapes. Travel. Adventure (ETA) + Healthy Living + Las Vegas Guide + Philanthropy Copyright (c) 2024, Los Angeles Times | Terms of Service | Privacy Policy | CA Notice of Collection | Do Not Sell or Share My Personal Information Sections Tap to enable a layout that focuses on the article. Focus mode Show Search [ ] Search Query Submit Search Advertisement California Significantly tiny in size, a Cupertino home is selling for big bucks: $1.7 million A home in Cupertino that measures less than 400 square feet has an asking price of more than $1.7 million. A home in Cupertino, Calif., that measures less than 400 square feet was listed for more than $1.7 million. It sits on 7,900 square feet of land. (Cyrus Yazdani) By Karen GarciaStaff Writer April 19, 2024 10:49 AM PT * Facebook * Twitter * Show more sharing options Share Close extra sharing options * Facebook * Twitter * LinkedIn * Email * Copy Link URLCopied! * Print A home in Cupertino, Calif., that measures less than 400 square feet is making headlines across the U.S. for its surprising asking price: more than $1.7 million. Some are comparing the one-bedroom and one-bathroom home to a hotel room, so small that there isn't enough space in the kitchen for a full size refrigerator or stove. What's also drawing people's attention is the size of the lot the home sits on: nearly 7,900 square feet. Advertisement It received eight offers, all above the asking price, and the winning bidder is expected to close escrow in May. "The marketing strategy was to market the [listing] as a home and to get as many eyes on it as possible and it obviously worked," said Faviola Perez, a broker with the Compass Bonafede Team. High real estate prices are not uncommon in California's Silicon Valley, home to tech giants such as Apple, Google and Oracle. The median price for homes sold in Cupertino is $2 million, according to a recent report by Rocket Homes. And the tiny house on Carmen Road shows that size doesn't always matter. Tustin, CA - April 12: Aerial view of housing in Tustin Friday, April 12, 2024. Tustin, a once modest places join California's long list of 'million dollar cities.' (Allen J. Schaben / Los Angeles Times) California For Subscribers California housing crisis so bad once-modest towns have become 'million-dollar cities' After adding 12 this year, California accounts for 210 of the country's 550 cities where the typical home value is more than $1 million, according to an analysis by Zillow. April 15, 2024 Perez, the co-listing agent for the home, said the team knew the bulk of the value of the property was in the land. The property has potential for expansion or building on, but the "shock factor" for everyone was the size of the home and its accompanying price tag, she said. The Zillow listing says the home is nestled at the end of a cul-de-sac, near hiking trails and Silicon Valley's tech hubs. Advertisement More importantly, Perez said, the home is close to the Los Altos Hills border, an area where home values start at an estimated $5 million, according to Zillow. Los Altos Hills home values influence those in adjacent communities, an added bonus for someone who wants to build. Perez said the city of Cupertino's planning department will allow the property owner to build a home that's more than 3,600 square feet in size. "It definitely is location, location, location, as cliche as that may sound," she said. Los Angeles, CA - October 11: A complex of homes on Benton Way is seen for sale in Silverlake on Tuesday, Oct. 11, 2022 in Los Angeles, CA. (Dania Maxwell / Los Angeles Times) Housing & Homelessness All-cash offers, wealthy buyers push Southern California home prices to a record Southern California home prices have hit a record despite high interest rates, a reflection of a shortage of inventory and the region's wealth disparity. April 11, 2024 The broker could not disclose the total price tag until the sale is final but said it's selling for "considerably over asking." Neighbors told Perez that the home was initially used as a hunting cabin. "The home was actually built brick by brick in the 1940s by the family that is currently selling it," she said. It was later used by the family as a rental but became vacant for some time. More to Read * Trona, CA - July 27: A view of Searles Valley Minerals facility in on Tuesday, July 27, 2021 in Trona, CA. 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[] Karen Garcia Follow Us * Twitter * Instagram * Email * Facebook Karen Garcia is a reporter on the Fast Break Desk, the team that has a pulse on breaking news at the Los Angeles Times. She was previously a reporter on the Utility Journalism Team, which focused on service journalism. Her previous stints include reporting for the San Luis Obispo New Times and KCBX Central Coast Public Radio. More From the Los Angeles Times * George Harrison plays John Lennon's Framus 12-string Hootenanny acoustic guitar. California An NDA and a prayer to John Lennon's ghost: How an L.A. guitar repairman fixed a Beatles relic * Los Angeles, CA - September 30: Kaiser Permanente's Los Angeles Medical Center on Sunset Blvd. on Thursday, Sept. 30, 2021 in Los Angeles, CA. (Irfan Khan / Los Angeles Times) California Kaiser Permanente notifies 13.4 million members of data breach. 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