1506 Bond Street, Milpitas, California 95035, Milpitas, 95035 - 3 bed, 2 bath
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1506 Bond Street
Milpitas, California 95035
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,838Sq Ft
0Lot Size
Property Price
LIST PRICE$1,175,000
EST. MARKET VALUE
$1,221,611
3% BelowMARKET VALUE
SUMMARY
This Stunning Penthouse Condominium is a Strong Value Opportunity, listed at $1,175,000—positioned well below the $1,256,879 Fair Market Value by 6%. This valuation gap offers $81,879 in Instant Equity for the buyer. Featuring a gourmet kitchen, dark walnut floors, and an Excellent Condition Rating, this 2018-built home provides a turnkey lifestyle. With its prime location near major transit and award-winning schools, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking luxury and long-term value.
Estimated Market Value
$1,221,611+$46,611 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 1506 Bond Street Subject | $1,175,000* List Price | 3 | 2 | 1,838 | $665 | - |
A 208 Market Street Sold | $1,371,250 | 3 | 2 | 2,296 | $597 | 0.1 mi |
B 1427 Lavender Loop Sold | $1,150,000 | 3 | 3 | 1,997 | $576 | 0.6 mi |
C 1607 Centre Pointe Drive Sold | $930,000 | 2 | 2 | 1,449 | $642 | 0.1 mi |
D 1357 Merry Loop Sold | $1,190,000 | 3 | 3 | 1,643 | $724 | 0.5 mi |
E 241 Wild Rose Way Sold | $1,300,000 | 3 | 4 | 1,687 | $771 | 0.1 mi |
F 762 Amalfi Loop Sold | $1,190,000 | 3 | 3 | 1,622 | $734 | 0.6 mi |
G 1963 Joshua Tree Circle Sold | $1,315,000 | 3 | 3 | 1,782 | $738 | 0.5 mi |
H 1953 Journey Street Sold | $1,220,000 | 3 | 3 | 1,709 | $714 | 0.5 mi |
I 273 Baja Rose Street Active | $1,149,000 List Price | 3 | 2 | 1,569 | $732 | 0.1 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.
Built in 2018, this property is less than 10 years old and in mint condition. The interior features a modern gourmet kitchen with stainless steel appliances, contemporary dark walnut flooring, and updated bathrooms. Systems are current, including a tankless water heater and a dedicated EV charger outlet in the garage.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Penthouse Design
Built in 2018, this penthouse unit features soaring ceilings, premium dark walnut flooring, and a gourmet kitchen with a massive central island, offering a contemporary luxury aesthetic.
- Functional Modern Amenities
The home is thoughtfully equipped with an attached garage featuring a dedicated EV charger, an interior laundry room, and a spacious 1,838 sqft layout that maximizes storage and comfort.
- Prime Commuter Location
Situated in a premier Milpitas neighborhood, the property provides exceptional access to major travel routes, award-winning schools, and premium shopping and dining destinations.
CONSRISKS & DEFICIENCIES
- Recurring Association Fees
The monthly association fee of $362 adds a permanent carrying cost to the property, which may be a consideration for budget-conscious buyers.
- High-Density Living
As a townhouse-style condominium, the property involves shared walls and common community elements, offering less privacy and autonomy than a detached single-family home.
About 1506 Bond Street
Welcome to luxury living at its finest in this stunning 3 bed, 2 bath penthouse condominium at 1506 Bond St! Showcasing the communitys best floor plan, this home boasts soaring tall ceilings, rich dark walnut floors, and a wide-open entertaining concept designed for effortless hosting. At the heart of the home sits a giant gourmet kitchen featuring a expansive central islandperfect for culinary creations and casual gatherings alike. Perfectly situated off the kitchen you can escape to a quiet balcony that's perfect for outdoor relaxation or morning coffee/tea. The tranquil primary suite features a large footprint, huge walk in closet, and a gorgeous master bath s beautifully designed with a serene, blue oasis style for ultimate relaxation. Second and third rooms are ample sized for any use. Thoughtfully equipped with an abundance of storage throughout, the home also includes the added convenience interior laundry room, and of an attached garage featuring a dedicated EV charger outlet. Located in a premier Milpitas neighborhood with access to award-winning schools, you are just moments away from premium dining, world-class shopping, and exceptional access to major travel routes for an effortless commute. This rare penthouse offer combines style, space, and top-tier location!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2018
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $362.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,838 | 1,561.5 |
| Lot Size | - | 1,315.455 |
| Price | $1.18M | $1.18M |
| Price per sq ft | $639 | $743 |
| Built year | 2018 | 2015 |
| HOA | $362.0 | $407 |
| Days on market | 35 | 47 |
Pricing History
Listed for Sale
Aug 5, 2026
$1,175,000
Initial Listing
Sold
Jan 7, 2019
$990,000
Public Record