1357 Lilac Way, Milpitas, California 95035, Milpitas, 95035 - 3 bed, 4 bath
1357 Lilac Way
Milpitas, California 95035
Property Price
SUMMARY
Analysis of 1357 Lilac Way, Milpitas, California 95035 is currently available with a list price of $1,218,999. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Milpitas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This is a brand-new 2025 construction featuring modern architectural design and high-end contemporary finishes. The property includes a modern kitchen with new stainless steel appliances, quartz countertops, and updated cabinetry. All systems, including flooring, recessed lighting, and HVAC, are brand new and meet current energy-efficiency standards, with zero deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Brand New Construction
Built in 2025, this home features the latest in modern architectural design, energy-efficient systems, and contemporary finishes, ensuring no immediate maintenance or renovation costs.
- Significant Price Improvement
The property has seen a substantial price reduction from its original list of $1.48M to $1.219M, offering exceptional value and a competitive entry point for a new-build in the Silicon Valley market.
- Spacious Multi-Bath Layout
With 1,911 square feet of living space and four bathrooms, the floor plan is highly functional for families or professionals, providing rare convenience and privacy for every bedroom.
CONSRISKS & DEFICIENCIES
- Recurring HOA Expenses
The monthly association fee of $409 adds a significant non-equity-building expense to the monthly carrying costs, which may impact overall affordability for some buyers.
- Attached Living Limitations
As a townhouse, the property includes shared walls and likely lacks the private yard space and total autonomy found in detached single-family homes.
About 1357 Lilac Way
Exceptional opportunity in Milpitas. This spacious 4-bedroom residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area, the home features a large living area, updated kitchen potential, and a private backyard.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2025
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $409.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 3.0 | 78% |
| Square foot | 1,911 | 1,467 | 87% |
| Lot Size | - | - | 50% |
| Price | $1.22M | $1.19M | 70% |
| Price per sq ft | $638 | $783 | 4% |
| Built year | 2025 | 2018 | 87% |
| HOA | $409.0 | $390 | 65% |
| Days on market | 74 | 164 | 13% |
Pricing History
Listed for Sale
Feb 28, 2026
$1,218,999
$1,268,999
-4% Price Drop
Initial Listing
Price Change
Feb 11, 2026
$1,268,999
$1,294,899
-2% Price Drop
Initial Listing
Price Change
Jan 10, 2026
$1,294,899
$1,483,902
-13% Price Drop
Initial Listing
Price Change
Dec 23, 2025
$1,483,902
Initial Listing