
Milpitas, California 95035
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $2,999,888—positioned well below the $3,124,029 Fair Market Value by 3%. This valuation gap offers $124,141 in Instant Equity for the buyer. Featuring a 3,748 SF layout, panoramic valley views, and a Fair Condition Rating, the home provides a solid foundation for personalization. Its expansive floor plan and prime location make it an ideal acquisition for Owner-Occupants seeking long-term appreciation or discerning investors targeting high-end Milpitas real estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 122 Piedmont Road Subject | $3,100,000* List Price | 4 | 4 | 3,748 | $913 | - |
A 2235 Skyline Dr Sold | $2,625,000 | 4 | 3 | 2,460 | $1,067 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, the property is now 24 years old, placing it in the 'Fair' category based on age. While the home is exceptionally well-maintained with fresh paint and functional multi-zone HVAC, the kitchen and bathrooms remain dated with original oak cabinetry and tile finishes that have not seen a major renovation in over 20 years.
Boasting 3,748 SF of living space with soaring cathedral ceilings and a flexible bonus room, this home offers exceptional scale and adaptability for large families or professional home offices.
The primary retreat features a spa-like granite bathroom with a jacuzzi tub, stall shower, and dual walk-in closets, providing a high-end sanctuary for the homeowner.
Equipped with multi-zone A/C, double-pane windows, and water-saving landscaping, the property ensures modern comfort and lower maintenance requirements.
Listed at nearly $3M, the property is positioned at the highest end of the Milpitas market, which may narrow the pool of qualified buyers compared to neighboring areas.
The low-maintenance, water-saving landscaping may lack the expansive green space or traditional backyard feel desired by buyers looking for a lot of this size.
ENJOY LUXURIOUS LIVING IN EXCLUSIVE PIEDMONT HEIGHTS! Imagine yourself coming home to this stunning 4-bedroom, 3.5-bath Milpitas home offering 3,748 SF of refined living space on a 9,147 SF lot. A 3-car garage and a versatile bonus room, ideal as a fifth bedroom, office, or gym complete this exceptional home. Enter through a grand granite foyer into an expansive interior with soaring two-story cathedral ceilings, abundant natural light, and fresh paint. The gourmet kitchen features a gas cooktop, microwave, double ovens, and dishwasher ideal for daily living and entertaining. Multiple living areas include a formal living room, separate family room, and formal dining room, highlighted by elegant fireplaces. Flooring includes carpet, tile, and laminate for comfort and style. The luxurious primary suite offers a spa-like granite bathroom with makeup vanity, jacuzzi tub, stall shower, and dual walk-in closets. Additional bathrooms include double sinks and updated finishes. Enjoy central forced air heating, multi-zone A/C, and double-pane windows. The laundry room has gas and electric hookups. Outside, relax in low-maintenance, water-saving landscaping. The home is in the Milpitas Unified school district, close to parks, shopping, dining, and major commute routes nearby.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 86% |
| Square foot | 3,748 | 1,615 | 95% |
| Lot Size | 9,147 | 5,900 | 92% |
| Price | $3.10M | $1.50M | 95% |
| Price per sq ft | $827 | $985 | 22% |
| Built year | 2000 | 1977 | 81% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 124 | 19% |
Jun 6, 2026
$3,100,000
$2,788,000
+11% Price Increase
Initial Listing
May 17, 2026
$2,788,000
$2,999,888
-7% Price Drop
Initial Listing
Apr 21, 2026
$2,999,888
Initial Listing
Jul 8, 2016
$1,650,000
Public Record
May 8, 2001
$769,000
Public Record