Or for additional 170k you could have this on the same street. 
https://www.redfin.com/CA/Santa-Clara/2169-Cabrillo-Ave-95050/home/1165806
Crazy to see the busy thoroughfares get these prices.
This one actually increased listing price! Must be feeling FOMO.
https://www.redfin.com/CA/Santa-Clara/558-Saratoga-Ave-95050/home/1323636
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There are two strategies in selling
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Keep low price, make competition and sell it high. This was what they tried by listing at 1.288M
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Keep the price high, whatever seller preferred price, whoever is near or above will be accepted. This is what the changed price reflect.
Not all the homes can have low LP and bring competition. This home is one of them as Saratoga avenue is high speed road and very less people bid for it.
They should have listed properly first time itself. On any case, this home will struggle to get a buyer. Not only owner find it hard to back up, but children can not come out/play, noise pollutionâŚetc issues of high speed 35 Mph road.
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Itâs on a busy street and likely didnât get the desired offer price seller had in mind. So seller wants to be blatant about what he actually wanted, which is 1.588.
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duckduckgo picking up momentum
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