3463 Calaveras Road, Milpitas, California 95035, Milpitas, 95035 - 3 bed, 2 bath
ACTIVE$6,988,000
3463 Calaveras Road, Milpitas, California 95035
3Beds
2Baths
1,700Sqft
1,156,953.625Lot
Year Built
1970
Close
-
List price
$6.99M
Original List price
$6.99M
Price/Sqft
$4,111
HOA
-
Days on market
-
Sold On
-
MLS number
ML82001169
Home ConditionTear down
Features
Excellent View:
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $6.99M(98th), sqft - 1700(48th), beds - 3(38th), baths - 2(44th).
Absolutely breathtaking views in every direction! From the lush, rolling hills of Spring Valley to the sparkling vistas of the South Bay, this 26-acre property offers a stunning canvas to build your dream home. Picture yourself surrounded by nature's beauty, with your very own natural spring, an equestrian arena, and endless possibilities for outdoor living. Just minutes from world-class wineries, golf courses, and the vibrant energy of city life, this is a rare opportunity to own a piece of paradise. The perfect blend of tranquility and conveniencedont miss out on making this incredible property your own!
Price History
Date
Event
Price
04/04/25
Listing
$6,988,000
Condition Rating
Tear down
The property was built in 1970, making it 54 years old. The listing description heavily emphasizes the 26-acre land and the opportunity to 'build your dream home,' rather than highlighting the existing 1700 sqft residence. Crucially, there are no interior images provided, especially of the kitchen and bathrooms, which are essential for assessing the condition of the current structure. This omission, combined with the age and the description's focus on land value and redevelopment potential, strongly suggests the existing house is considered a tear-down, with its value based solely on the land.
Pros & Cons
Pros
Expansive Acreage & Development Potential: A vast 26-acre parcel offering an exceptional opportunity to build a custom dream home, a significant and rare asset in the Milpitas area.
Unparalleled Panoramic Views: Boasts 'breathtaking views in every direction,' encompassing lush rolling hills of Spring Valley and sparkling South Bay vistas, providing a stunning backdrop.
Exclusive Natural Amenities: Features a private natural spring and an equestrian arena, offering unique recreational and lifestyle opportunities for a discerning buyer.
Strategic Location Balance: Offers a rare combination of serene natural tranquility while being conveniently located minutes from world-class wineries, golf courses, and city amenities.
Rarity and Investment Value: Described as a 'rare opportunity,' its substantial size, unique features, and prime location suggest significant long-term investment potential.
Cons
Premium Price Point: The list price of nearly $7 million significantly narrows the buyer pool, targeting only ultra-high-net-worth individuals or developers.
Ambiguous Existing Structure & Additional Investment: While the land is prime, the existing 1970-built 1700 sqft home may require extensive renovation or demolition, implying substantial additional investment for a buyer looking to build their 'dream home.'
Limited Local Area Specificity: The 'MLS Area: Not Defined' and 'High School District: Other' could be perceived as a lack of specific, desirable neighborhood context, potentially requiring more due diligence from buyers regarding local amenities and school ratings.