
Milpitas, California 95035
This Modern New Construction Townhouse offers a premium turnkey lifestyle, listed at $1,126,863—reflecting a stable valuation right at its $1,126,863 Fair Market Value. Boasting an Excellent Condition Rating, this 2026-built residence features the latest energy-efficient technology and contemporary finishes across a functional 1,604-square-foot layout. Located in the heart of Milpitas near major Silicon Valley tech hubs and Highly Ranked Milpitas Schools, the home provides a sophisticated sanctuary with zero deferred maintenance. It is a perfect acquisition for Owner-Occupants or Growing Families seeking a move-in-ready, high-standard home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1363 Lilac Way Subject | $1,126,863* List Price | 3 | 3 | 1,604 | $703 | - |
A 1377 California Circle Sold | $1,234,254 | 3 | 2 | 1,537 | $803 | 0.0 mi |
B 1357 California Circle Sold | $1,428,902 | 3 | 8 | 1,911 | $748 | 0.0 mi |
C 1375 California Circle Sold | $1,430,000 | 3 | 4 | 1,911 | $748 | 0.0 mi |
D 1359 California Circle Pending | $1,290,079 List Price | 3 | 3 | 1,537 | $839 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new construction townhouse built in 2026. It features the latest energy-efficient technology, modern building standards, and contemporary finishes. All components, including the kitchen, bathrooms, flooring, and mechanical systems, are new with no physical depreciation or deferred maintenance.
Built in 2026, this townhouse offers the latest in energy-efficient technology, modern building standards, and contemporary finishes, ensuring a move-in-ready experience with minimal immediate maintenance.
The 3-bedroom, 3-bathroom configuration across 1,604 square feet provides a highly functional and versatile living space, ideal for families or professionals requiring a home office.
A significant reduction from the original list price of $1,203,063 to $1,126,863 enhances the property's value proposition and makes it a more competitive option within the Milpitas market.
The monthly association fee of $409 represents a significant recurring carrying cost that may impact the overall debt-to-income ratio and purchasing power for potential buyers.
Multiple price reductions since the initial listing date suggest a lack of early buyer traction, which may lead to concerns regarding the property's initial market positioning or local demand.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,604 | 1,535.5 | 57% |
| Lot Size | - | - | 50% |
| Price | $1.13M | $1.19M | 30% |
| Price per sq ft | $703 | $748 | 23% |
| Built year | 2026 | 2016 | 97% |
| HOA | $409.0 | $396 | 63% |
| Days on market | 99 | 113 | 40% |
Feb 28, 2026
$1,126,863
$1,151,863
-2% Price Drop
Initial Listing
Feb 11, 2026
$1,151,863
$1,203,063
-4% Price Drop
Initial Listing
Jan 13, 2026
$1,203,063
Initial Listing