1361 Lilac Avenue, Milpitas, California 95035, Milpitas, 95035 - 2 bed, 1 bath

1361 Lilac Avenue, Milpitas, California 95035 home-pic-0
ACTIVE$1,176,881
1361 Lilac Avenue, Milpitas, California 95035
2Beds
1Bath
1,518Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
New Construction: Built in 2025, this property offers modern design, energy efficiency, and minimal immediate maintenance, appealing to buyers seeking a move-in ready home.
Top Cons:
Conflicting Room Count: A significant discrepancy exists between the description (3 beds, 2 baths) and the structured data (2 beds, 1 bath), which requires immediate clarification for potential buyers.

Compared to the nearby listings

Price:$1.18M vs avg $710.0K (+$466,881)87%
Size:1,518 sqft vs avg 1,050 sqft73%
Price/sqft:$775 vs avg $68387%

More Insights

Built in 2025 (0 years old).
Condition: This property is a brand new construction, built in 2025. As such, all components, including the kitchen with upgraded quartz countertops, upgraded cabinets, and a chef's kitchen, as well as all bathrooms, appliances, and systems, are new and meet current quality standards. There is no deferred maintenance or physical depreciation, aligning perfectly with the 'excellent' condition criteria.
Year Built
2025
Close
-
List price
$1.18M
Original List price
$1.27M
Price/Sqft
$775
HOA
$409
Days on market
-
Sold On
-
MLS number
ML82012704
Home ConditionExcellent
Features
Deck
View-

About this home

Rise Plan 1 offers 3 bedrooms, 2 bathrooms with a flex office space at the entry of the home. This home includes upgraded quartz countertops, upgraded cabinets and a chef's kitchen. Photos are of model home not of actual home.

Condition Rating
Excellent

This property is a brand new construction, built in 2025. As such, all components, including the kitchen with upgraded quartz countertops, upgraded cabinets, and a chef's kitchen, as well as all bathrooms, appliances, and systems, are new and meet current quality standards. There is no deferred maintenance or physical depreciation, aligning perfectly with the 'excellent' condition criteria.
Pros & Cons

Pros

New Construction: Built in 2025, this property offers modern design, energy efficiency, and minimal immediate maintenance, appealing to buyers seeking a move-in ready home.
Premium Interior Finishes: The home boasts upgraded quartz countertops, upgraded cabinets, and a chef's kitchen, providing a high-end aesthetic and functional cooking space.
Flexible Living Space: Includes a dedicated flex office space at the entry, catering to modern work-from-home needs or offering versatile use as a den or guest area.
Desirable Bay Area Location: Located in Milpitas, California, a sought-after city in the Silicon Valley known for its strong job market, amenities, and convenient access to tech hubs.
Recent Price Reduction: The current list price reflects multiple reductions from the original, potentially offering a more competitive and attractive value proposition for buyers.

Cons

Conflicting Room Count: A significant discrepancy exists between the description (3 beds, 2 baths) and the structured data (2 beds, 1 bath), which requires immediate clarification for potential buyers.
Model Home Imagery: Photos are of a model home, not the actual unit, which can create uncertainty and manage buyer expectations regarding the final product's appearance and features.
Substantial HOA Fees: A monthly association fee of $409 represents a notable recurring cost that impacts the overall affordability and monthly budget for homeowners.

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