1363 Lilac Way, Milpitas, California 95035, Milpitas, 95035 - 3 bed, 3 bath
1363 Lilac Way
Milpitas, California 95035
Property Price
SUMMARY
Analysis of 1363 Lilac Way, Milpitas, California 95035 is currently available with a list price of $1,126,863. 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 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.
PROSSTRENGTHS & OPPORTUNITIES
- Brand New Construction
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.
- Optimal Layout
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.
- Aggressive Price Adjustment
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.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
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.
- Market Momentum Concerns
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.
About 1363 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
- 2026
- 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,604 | 1,467 | 65% |
| Lot Size | - | - | 50% |
| Price | $1.13M | $1.18M | 39% |
| Price per sq ft | $703 | $783 | 22% |
| Built year | 2026 | 2018 | 96% |
| HOA | $409.0 | $390 | 65% |
| Days on market | 53 | 164 | 4% |
Pricing History
Listed for Sale
Feb 28, 2026
$1,126,863
$1,151,863
-2% Price Drop
Initial Listing
Price Change
Feb 11, 2026
$1,151,863
$1,203,063
-4% Price Drop
Initial Listing
Price Change
Jan 13, 2026
$1,203,063
Initial Listing