1821 Burley Drive, Milpitas, California 95035, Milpitas, 95035 - 4 bed, 3 bath
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1821 Burley Drive
Milpitas, California 95035
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
1,822Sq Ft
6,000Lot Size
Property Price
LIST PRICE$1,588,888
EST. MARKET VALUE
$1,705,463
6% BelowMARKET VALUE
SUMMARY
This Turnkey Multi-Generational Residence is a Strong Value Opportunity, listed at $1,588,888—positioned well below the $1,705,464 Fair Market Value by 6%. This valuation gap offers $116,576 in Instant Equity. Featuring a Complete Down-to-the-Studs Transformation and a Permitted ADU, the property boasts an Excellent Condition Rating. Located near Milpitas High School (9/10), it balances modern luxury with income potential. This is an ideal acquisition for House-Hacking Investors or Owner-Occupants seeking a high-quality, income-generating home.
Estimated Market Value
$1,705,463+$116,575 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 |
|---|---|---|---|---|---|---|
★ 1821 Burley Drive Subject 4 bd · 3 ba · 1,822 sqft · $936 | $1,588,888* List Price | 4 | 3 | 1,822 | $936 | - |
A 1490 Olympic Drive Sold 4 bd · 3 ba · 1,769 sqft · $1,032 · 0.8 mi | $1,825,000 | 4 | 3 | 1,769 | $1,032 | 0.8 mi |
B 1371 Lassen Avenue Sold 4 bd · 3 ba · 1,769 sqft · $1,063 · 0.8 mi | $1,880,000 | 4 | 3 | 1,769 | $1,063 | 0.8 mi |
C 529 Bryce Court Sold 4 bd · 3 ba · 2,030 sqft · $887 · 0.7 mi | $1,800,000 | 4 | 3 | 2,030 | $887 | 0.7 mi |
D 2073 Yosemite Drive Sold 4 bd · 3 ba · 2,029 sqft · $993 · 0.5 mi | $2,015,000 | 4 | 3 | 2,029 | $993 | 0.5 mi |
E 292 Falcato Drive Sold 4 bd · 3 ba · 1,910 sqft · $973 · 0.3 mi | $1,858,000 | 4 | 3 | 1,910 | $973 | 0.3 mi |
F 136 Lawton Drive Sold 3 bd · 2 ba · 1,427 sqft · $981 · 0.2 mi | $1,400,000 | 3 | 2 | 1,427 | $981 | 0.2 mi |
G 560 Cestaric Drive Sold 5 bd · 2 ba · 2,101 sqft · $766 · 0.9 mi | $1,610,000 | 5 | 2 | 2,101 | $766 | 0.9 mi |
H 1323 Canton Dr Sold 4 bd · 2 ba · 1,549 sqft · $1,046 · 0.5 mi | $1,620,000 | 4 | 2 | 1,549 | $1,046 | 0.5 mi |
I 100 Beacon Drive Active 5 bd · 3 ba · 1,966 sqft · $864 · 0.1 mi | $1,699,000 List Price | 5 | 3 | 1,966 | $864 | 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.
Complete down-to-the-studs transformation with over $350K in recent improvements. Features a brand-new designer kitchen, spa-inspired bathrooms, and fully updated major systems including HVAC, 200-amp electrical, plumbing, and roof.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Milpitas High School (9/10).
- Comprehensive Modern Renovation
A $350K+ down-to-the-studs transformation includes new essential systems like HVAC, plumbing, and electrical, offering a turnkey experience with long-term peace of mind.
- Income-Generating ADU
The fully permitted ADU with a private entrance and kitchen provides excellent flexibility for rental income, house hacking, or multigenerational living.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2026-02-06. The sold price is $1,150,000.00.
- Significant Price Adjustment
A recent $300,000 price reduction after just three weeks on the market may signal initial overpricing and could affect buyer perception regarding the home's true market value.
- Compact Lot Size
At 6,000 square feet, the lot size is standard for the area but may feel restrictive for buyers seeking expansive outdoor space, especially with the addition of the ADU footprint.
About 1821 Burley Drive
Welcome to 1821 Burley Dr, a stunning down-to-the-studs transformation offering modern luxury plus a fully permitted ADU with income potential. Extensively renovated with over $350K in improvements, this 4-bedroom, 3-bath home offers 1,800+ sqft of beautifully finished living space designed for both lifestyle and flexibility. Nearly everything is new: roof, windows, plumbing, sewer lateral, 200-amp electrical, HVAC, insulation, flooring, designer kitchen, spa-inspired bathrooms, appliances, and landscaping. Bright, open living spaces feature abundant natural light and elevated finishes throughout.The fully permitted ADU features its own private entrance, full kitchen, bathroom, and balcony with scenic views, making it ideal for multigenerational living, extended family, guests, or rental income. For savvy buyers looking to house hack, offset their monthly mortgage, or generate income from day one, this home offers a unique opportunity to live comfortably while putting part of the property to work. Outside, enjoy the curb appeal, an expanded driveway, new fencing, artificial turf, and a redesigned backyard ready for entertaining. Located near the Milpitas foothills with excellent Milpitas schools, parks, shopping, dining, and convenient access to Silicon Valley's major tech hubs.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 6,000 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Milpitas Unified Schools
Alexander Rose Elementary School
Grades K-6 • 0.4 mi
6/10
Rancho Milpitas Middle School
Grades 7-8 • 0.8 mi
7/10
Milpitas High School
Grades 9-12 • 1.7 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.4 |
| Square foot | 1,822 | 1,651 |
| Lot Size | 6,000 | 5,842.029 |
| Price | $1.59M | $1.63M |
| Price per sq ft | $872 | $968 |
| Built year | 1960 | 1971 |
| HOA | $0 | $256 |
| Days on market | 53 | 36 |
Pricing History
Listed for Sale
Sep 17, 2026
$1,588,888
$1,888,888
-16% Price Drop
Initial Listing
Price Change
Sep 1, 2026
$1,888,888
Initial Listing
Sold
Feb 6, 2026
$1,150,000
Public Record
Sold
Apr 22, 2009
$395,000
Public Record