1357 Lilac Way, Milpitas, California 95035, Milpitas, 95035 - 3 bed, 3 bath
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1357 Lilac Way
Milpitas, California 95035
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,762Sq Ft
0Lot Size
Property Price
LIST PRICE$1,092,949
EST. MARKET VALUE
$1,092,949
SUMMARY
This Modern Townhouse represents a Strong Value Opportunity, listed at $1,092,949, which aligns with its $1,092,949 Fair Market Value. As a Brand New 2025 Construction with an Excellent Condition Rating, this home features a modern kitchen, quartz countertops, and a private deck. While the property has seen an extended market stay, the significant price reduction from its original list price makes it a compelling, move-in ready choice. This residence is an ideal acquisition for Silicon Valley Professionals or Owner-Occupants seeking a high-efficiency, low-maintenance lifestyle.
Estimated Market Value
$1,092,949
Based on Realkey algorithm analyzing recent comparable sales in Milpitas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1357 Lilac Way Subject | $1,092,949* List Price | 3 | 3 | 1,762 | $620 | - |
A 1363 Lilac Way Sold | $1,005,000 | 3 | 3 | 1,604 | $627 | 0.0 mi |
B 491 Snap Dragon Street Sold | $1,250,000 | 3 | 4 | 1,832 | $682 | 0.1 mi |
C 1355 Lilac Way Sold | $1,143,881 | 3 | 2 | 1,585 | $722 | 0.0 mi |
D 1359 Lilac Way Active | $1,206,789 List Price | 3 | 3 | 1,949 | $619 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Brand new 2025 construction by Pulte Homes. Features mint condition modern kitchen with quartz countertops and stainless steel appliances, contemporary bathrooms, and brand new HVAC/electrical systems.
PROSSTRENGTHS & OPPORTUNITIES
- Brand New Construction
Built in 2025, this townhouse offers the latest in modern building standards, energy efficiency, and contemporary finishes, ensuring minimal immediate maintenance for the buyer.
- Significant Price Improvement
The property has seen a substantial price reduction from its original list price of $1.48M to $1.09M, representing a high-value opportunity in the competitive Milpitas market.
- Spacious Modern Layout
With 1,762 square feet and a 3-bedroom, 3-bathroom configuration, the home provides a generous and functional floor plan ideal for families or professionals working in Silicon Valley.
CONSRISKS & DEFICIENCIES
- Extended Days on Market
At 253 days on the market, the property may carry a perceived stigma or suggest initial overpricing, which can lead to buyer hesitation despite the recent price adjustments.
- Ongoing Association Fees
The monthly HOA fee of $409 adds a significant recurring expense to the total cost of ownership, which may impact the overall affordability for budget-conscious buyers.
About 1357 Lilac Way
Exceptional opportunity in Milpitas. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2025
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,762 | 1,561.5 |
| Lot Size | - | 1,315.455 |
| Price | $1.09M | $1.18M |
| Price per sq ft | $620 | $743 |
| Built year | 2025 | 2015 |
| HOA | $409.0 | $407 |
| Days on market | 260 | 47 |
Pricing History
Listed for Sale
Sep 2, 2026
$1,092,949
$1,218,999
-10% Price Drop
Initial Listing
Price Change
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