Santa Clara · Santa Clara County

Rivermark

Rivermark is a master-planned community in the northern part of the city near Levi's Stadium and Great America.

Median Sale
$2,035,000
March 2026 · 45 closings

Rivermark Real Estate Market Snapshot

Median Sale Price
$2,035,000
+1.2% vs prior-year median
Avg. Days on Market
13
% List Price Received
108%
Homes Sold (March 2026)
45
Median price trend
2025 · $2,010,000 March 2026 · $2,035,000
List-price received
108%
90%100%120%+

As of March 2026 · Source: SCCAOR/MLSListings

Living in Rivermark

Rivermark is a master-planned community on the north side of Santa Clara, bounded roughly by Tasman Drive, Lafayette Street, Montague Expressway, and the Guadalupe River corridor. Built out in the early 2000s on the former Agnews Developmental Center grounds, the neighborhood combines townhomes, condominium courts, and detached single-family homes around a Town Center anchored by a Safeway, Starbucks, restaurants, and a public library branch. The pedestrian street grid and central plaza give the pocket a walkable rhythm uncommon in greater Santa Clara, where most residential blocks were laid out for cars first.

The pocket sits within walking distance of Levi's Stadium, the Great America VTA light-rail line, and the corporate campuses along Tasman, including Intel and Marvell. Day-to-day life centers on the Town Center plaza, the Rivermark Library, the Don Callejon K-8 school site, and the Guadalupe River trail, which connects north to Alviso and south through downtown San Jose. For broader context on the surrounding city, see the Santa Clara overview.

Schools

Rivermark addresses fall inside the Santa Clara Unified School District (SCUSD), which serves the city's central and northern neighborhoods (Santa Clara Unified School District). Don Callejon School, located on Rivermark Parkway, is the K-8 attendance-area campus and was built specifically to serve the master plan. High-school students attend one of the SCUSD comprehensive high schools, with assignment based on address. Buyers should confirm current attendance boundaries with SCUSD directly, since the city is split among four districts and boundary lines have shifted as enrollment patterns moved.

Lifestyle

The Rivermark Town Center plaza concentrates daily errands within a short walk of most front doors: Safeway, a small library branch, casual restaurants, a coffee shop, and neighborhood services. The Guadalupe River trail forms the eastern edge and links to a regional trail network. Levi's Stadium event traffic on game and concert weekends affects access along Tasman and Lafayette, which is a known trade-off for this address. The Rivermark HOA governs common landscaping, the central park, and shared amenities; mandatory dues vary by sub-association (City of Santa Clara Planning Division).

Commute

Rivermark sits at the intersection of three commute spines: US-101 via the Great America Parkway and Montague interchanges, SR-237 to the north, and the VTA Tasman light-rail corridor (Great America and Old Ironsides stations are walkable from most of the pocket). The Lafayette Street arterial connects south to El Camino Real and downtown Santa Clara. Caltrain access is via the Lawrence or Santa Clara stations, both about a 10-15 minute drive. The location places residents inside the cluster of major North Santa Clara employers (Intel, Marvell, Applied Materials, NVIDIA's nearby Santa Clara campus) without requiring a freeway commute.

Market

The Rivermark Market Right Now

Rivermark inventory is dominated by attached product (townhomes and condominiums) with a smaller share of detached single-family homes, so the Santa Clara condo segment is the more relevant benchmark. Citywide condo activity through March 2026 showed a median sale price of $830,000 on 31 closings with average days-on-market of 29 and a list-to-sale ratio of 102 percent (SCCAOR/MLSListings, 2026-03). The 2025 annual condo median for Santa Clara was $1,025,000 across 264 closings, indicating that early-2026 closings cleared at a lower price band as more entry-level units traded (SCCAOR/MLSListings, 2025 annual). Rivermark detached homes generally price above the citywide condo median and align more closely with Santa Clara's single-family numbers - a $2,035,000 median through March 2026 with 13 average days on market - though the Rivermark-specific subset is smaller and individual closings can swing the local read materially.
Transactions

What Buyers and Sellers Should Know About Rivermark

Buyers should pull the Rivermark sub-association CC&Rs and the master HOA budget early; the City of Santa Clara confirms Rivermark is the city's largest mandatory-HOA presence and individual courts within the master plan have their own dues, reserve studies, and rental-cap rules (City of Santa Clara Planning Division). Standard California state disclosures (TDS, NHD, SPQ) apply, plus Santa Clara County standard forms; the City of Santa Clara has no city-specific supplemental disclosure form on the SCCAOR Local Disclosures list, which is a contrast to neighboring Sunnyvale and San Jose (Santa Clara County Association of REALTORS - Local Disclosures). Transfer tax in the City of Santa Clara is the standard split rate of $1.10 per $1,000 of consideration - $0.55 city plus $0.55 county - not an enhanced charter-city rate (Santa Clara Municipal Code Chapter 3.35). Sellers contemplating second-story additions or significant exterior changes should note that any new or expanded second story requires a public Architectural Review hearing and cannot be approved administratively (Zoning Code Chapter 18.120).
Field Notes

Market Notes by Lisa M. Lum

Frequently Asked Questions about Rivermark

What school district serves Rivermark addresses?
Rivermark falls within Santa Clara Unified School District. Don Callejon K-8 was built to serve the master plan and is the attendance-area campus. High-school assignment is by address within SCUSD; confirm current boundaries with the district before writing an offer.
Is there one HOA for all of Rivermark?
No. Rivermark is a master plan with multiple sub-associations layered under a master HOA. Each court or product type has its own CC&Rs, dues, reserve study, and rental-cap rules. Buyers should request the specific sub-association's documents during the disclosure period.
How does Levi's Stadium affect daily life in Rivermark?
Stadium and Great America event traffic concentrates on Tasman Drive, Great America Parkway, and Lafayette Street. On non-event days the pocket is quiet. Buyers sensitive to weekend traffic should drive the area during a 49ers home game or major concert before writing an offer.
Are most Rivermark homes attached or detached?
Both, but attached product (townhomes and condominium flats) makes up the larger share. Detached single-family homes are clustered in specific courts within the master plan and trade at a meaningful premium over the attached segment.
What is the closest light-rail access from Rivermark?
The VTA Great America and Old Ironsides stations on the Tasman corridor are within walking distance of most of the pocket. The light-rail line connects west toward Mountain View and south toward downtown San Jose with transfer to other lines.
What is the transfer tax in Rivermark, Santa Clara County?
Santa Clara County charges a base transfer tax of $1.10 per $1,000 of consideration. The county's largest cities (San Jose, Mountain View, Palo Alto) impose additional municipal transfer taxes — confirm the rate that applies to Rivermark with escrow.
What disclosures are required when selling a home in Rivermark?
California requires Transfer Disclosure Statement, Natural Hazard Disclosure, lead-based paint (pre-1978), water-conserving plumbing fixtures, and smoke and carbon monoxide alarm certifications. Santa Clara County properties may also need to comply with local supplemental disclosures depending on the city.
What is the difference between median and average home price in Rivermark?
Median price is the middle number when all sale prices are sorted — half of homes sold above, half below. It resists distortion from a few very expensive sales. Average price is the arithmetic mean and can be skewed upward by individual high-end transactions. Median is the more reliable indicator of typical Rivermark home pricing.

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Last updated 2026-05-06 · By Lisa M. Lum, Realtor® · Coldwell Banker Realty · DRE 02005150