1216 Moonlight Way, Milpitas, California 95035, Milpitas, 95035 - 4 bed, 3 bath
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Milpitas, California 95035
This Stunning Move-In Ready Home is a Prime Investment Opportunity, listed at $1,849,000—positioned well below the $1,903,274 Fair Market Value by 2%. This valuation gap offers $54,274 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home includes a modern quartz kitchen, downstairs bedroom, and mountain views. Located near Milpitas High School (9/10), this property is an ideal sanctuary for growing families or Silicon Valley professionals seeking a turnkey, commuter-friendly lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1216 Moonlight Way Subject | $1,849,000* List Price | 4 | 3 | 1,820 | $1,046 | - |
A 1111 1111 Stellar Way Sold | $1,620,000 | 3 | 3 | 1,531 | $1,058 | 0.2 mi |
B 1292 Sunrise Way Active | $1,998,888 List Price | 4 | 3 | 1,920 | $1,041 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1970, the home has undergone a comprehensive recent renovation within the last 5 years. It features a modern kitchen with quartz countertops and stainless steel appliances, updated flooring, recessed lighting, dual-pane windows, and a fully finished garage. The property is in mint, move-in ready condition with no visible deferred maintenance.
High School: Milpitas High School (9/10).
The home features a highly desirable downstairs bedroom and full bathroom, providing essential flexibility for guests, multi-generational living, or a private home office.
Ideally positioned for Silicon Valley professionals, the property offers proximity to Milpitas BART, the Great Mall, and major tech campuses with quick access to the 880 and 680 freeways.
While well-maintained and renovated, the 1970 build date may present long-term maintenance considerations for original infrastructure compared to modern new-build standards.
The 5,000-square-foot lot, while featuring mature fruit trees, may feel restrictive for buyers seeking expansive outdoor recreation space or significant property extensions.
MOVE-IN READY SINGLE-FAMILY HOME in a PRIME MILPITAS LOCATION designed for COMFORT, MODERN LIVING, and PEACEFUL MEMORIES with MOUNTAIN VIEWS. PRIVATE BACKYARD enhances a HIGH-QUALITY LIFESTYLE. Features include SPACIOUS OPEN-Concept GREAT ROOM, SEPARATE FAMILY ROOM opening to the Backyard for INDOOR-OUTDOOR LIVING. Enhanced by DUAL-PANE WINDOWS, the home feels Airy, Warm, and inviting throughout. MODERN KITCHEN with QUARTZ COUNTERTOPS and STAINLESS STEEL APPLIANCES. Desirable 1 BEDROOM & 1 FULL BATH DOWNSTAIRS, ideal for Parents, In-Laws, Guests, Office, or Multigenerational needs. Upstairs, additional bedrooms provide comfort and privacy, including a peaceful OFFICE/GUEST ROOM with beautiful MOUNTAIN VIEWS. Enjoy a LOW-MAINTENANCE LARGE BACKYARD with paving, ARTIFICIAL GRASS, mature ORANGE, LEMON, and GUAVA TREES, plus colorful flower plantings. Recent upgrades include a NEW REFRIGERATOR, GAS RANGE, GAS CONNECTION, POWER CONNECTION, and a FULLY RENOVATED ATTACHED 2-CAR GARAGE, which includes PAINT, WALL REPAIRS, and FLOORING. Close to PINES PARK, MILPITAS BART, GREAT MALL, schools, shopping, dining, Silicon Valley tech companies, and 880/680. BRIGHT, comfortable Milpitas home ready for your NEXT chapter.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-8 • 2.3 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,820 | 1,615 | 59% |
| Lot Size | 5,000 | 5,885 | 46% |
| Price | $1.85M | $1.50M | 78% |
| Price per sq ft | $1.0K | $1.0K | 68% |
| Built year | 1970 | 1970 | 50% |
| HOA | $31.0 | $0 | 59% |
| Days on market | 23 | 122 | 3% |
May 21, 2026
$1,849,000
Initial Listing
Mar 25, 2024
$1,810,500
Public Record
May 24, 2018
$1,050,000
Public Record