
Milpitas, California 95035
This Modern New Construction Townhouse is a Strong Value Opportunity, listed at $1,279,436—positioned well below the $1,187,967 Fair Market Value by 7%. Built in 2026, the property features an Excellent Condition Rating with high-end quartz countertops and luxury vinyl plank flooring. Its prime location adjacent to a neighborhood park offers immediate access to green space. This turnkey residence balances modern lifestyle perks with financial stability, making it an ideal acquisition for Owner-Occupants or first-time buyers seeking a premium, low-maintenance home in Milpitas.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1325 Lilac Way Subject 3 bd · 3 ba · 1,537 sqft · $773 | $1,279,436* List Price | 3 | 3 | 1,537 | $773 | - |
A 1363 Lilac Way Sold 3 bd · 3 ba · 1,604 sqft · $627 · 0.6 mi | $1,005,000 | 3 | 3 | 1,604 | $627 | 0.6 mi |
B 491 Snap Dragon Street Sold 3 bd · 4 ba · 1,832 sqft · $682 · 0.6 mi | $1,250,000 | 3 | 4 | 1,832 | $682 | 0.6 mi |
C 612 Chamise Way Active 3 bd · 3 ba · 1,537 sqft · $781 | $1,199,703 List Price | 3 | 3 | 1,537 | $781 | - |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
New construction (built 2026) in mint condition. Features a modern open-concept kitchen with quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and brand new HVAC and electrical systems.
Built in 2026, this home features contemporary finishes including quartz countertops, luxury vinyl plank flooring, and an open-concept layout that appeals to modern buyers.
The property is ideally situated adjacent to a neighborhood park, providing immediate access to green space and outdoor recreation right outside the door.
A recent price reduction of $70,000 makes this new-build townhouse more competitively priced within the Milpitas market compared to its original listing.
The $409 monthly association fee adds a significant recurring expense to the total cost of ownership, which may impact buyer affordability.
With 49 days on the market, the property has surpassed the typical quick-turnaround time for the area, potentially indicating a mismatch between initial pricing and buyer expectations.
Plan 3 offers an open concept floor plan with a covered patio, spacious dining room and kitchen, quartz kitchen countertops, grey cabinetry, stainless steel appliances and luxury vinyl plank flooring. This home is adjacent to the neighborhood park.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,537 | 1,564.8 |
| Lot Size | - | 1,262.308 |
| Price | $1.28M | $1.11M |
| Price per sq ft | $832 | $723 |
| Built year | 2026 | 2015 |
| HOA | $409.0 | $402 |
| Days on market | 57 | 48 |
Oct 16, 2026
$1,279,436
$1,349,436
-5% Price Drop
Initial Listing
Aug 28, 2026
$1,349,436
Initial Listing