352 Montecito Way, Milpitas, California 95035, Milpitas, 95035 - 3 bed, 3 bath
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352 Montecito Way
Milpitas, California 95035
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,375Sq Ft
806Lot Size
Property Price
LIST PRICE$1,050,000
EST. MARKET VALUE
$1,080,000
SUMMARY
This Turnkey Townhouse is a High-Potential Investment Opportunity, listed at $1,050,000—positioned well below the $1,080,000 Fair Market Value by 2%. This valuation gap offers $30,000 in Instant Equity. Featuring a Good Condition Rating with recent HVAC, flooring, and EV charger upgrades, this home is zoned for Top-Rated Schools (9/10). Its proximity to BART and major freeways ensures strong demand. This is an ideal acquisition for Owner-Occupants seeking a move-in ready lifestyle or first-time buyers prioritizing long-term value.
Estimated Market Value
$1,080,000
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 |
|---|---|---|---|---|---|---|
★ 352 Montecito Way Subject | $1,050,000* List Price | 3 | 3 | 1,375 | $785 | - |
A 1481 Gingerwood Drive Active | $1,075,000 List Price | 3 | 3 | 1,547 | $695 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1992, the property is well-maintained and move-in ready due to significant recent updates. Key improvements include a new HVAC system, new flooring and carpet, fresh interior paint, and a newer water heater. The kitchen has been refreshed with repainted cabinets and modern stainless steel appliances, placing it firmly in the 'Good' category despite its chronological age.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Thomas Russell Middle School (9/10). High School: Milpitas High School (9/10).
- Modern Upgrades & Move-in Ready
The property features significant recent improvements including a new HVAC system, Level 2 EV charger, new flooring, and fresh interior paint, ensuring a turnkey experience for the buyer.
- Excellent Commuter Location
Ideally situated with easy access to major Silicon Valley freeways (880/680/237) and two BART stations, offering a highly convenient lifestyle for tech professionals.
CONSRISKS & DEFICIENCIES
- Limited Private Outdoor Space
With a small lot size of 806 sqft, the property lacks a traditional private backyard, which may be a drawback for buyers seeking more personal outdoor area beyond the front patio.
- Market Stagnation
The property has been on the market for 45 days and has already undergone a price reduction, potentially indicating a mismatch between the initial asking price and current buyer demand.
About 352 Montecito Way
Come home & enjoy one of the most sought after neighborhoods in Milpitas. Relax yourself inside this townhouse while enjoying Silicon Valley lifestyle, with close proximity to Dixon Landing park. Dont miss the Great Mall. Milpitas Bart Station & Warm Springs Bart station are 10 to 15 minutes away. This End-Unit Townhouse has 3 Bedrooms/2.5 Baths with 2 cars side by side garage. Major upgrades include a New interior painting, Repaint kitchen cabinets, New level 2 EV charger, New HVAC, New carpet/flooring, Newer water heater as well as Newer garage door/opener. Enjoy morning coffee on the front patio while reading books. The upstairs primary bedroom has a high ceiling and double vanities. Washer & dryer are inside the garage for your convenience. Mini playground, & swimming pool are nearby. Have a BBQ & play at basketball & tennis court for your summer enjoyment.This home goes to distinguished Marshall Pomeroy Elementary 9/10, Thomas Russell Middle 9/10 & Milpitas High School 9/10. Convenient to major freeways 880/680/237. This is a PUD (Planned Unit Development).
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1992
- Lot Size
- 806 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $295.0 / Month
Neighborhood Insights
Milpitas Unified Schools
Marshall Pomeroy Elementary School
Grades K-6 • 0.8 mi
7/10
Thomas Russell Middle School
Grades 7-8 • 0.8 mi
9/10
Milpitas High School
Grades 9-12 • 0.9 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,375 | 1,561.5 |
| Lot Size | 806 | 1,315.455 |
| Price | $1.05M | $1.18M |
| Price per sq ft | $764 | $743 |
| Built year | 1992 | 2015 |
| HOA | $295.0 | $407 |
| Days on market | 61 | 47 |
Pricing History
Listed for Sale
Aug 22, 2026
$1,050,000
$1,080,000
-3% Price Drop
Initial Listing
Price Change
Jul 10, 2026
$1,080,000
Initial Listing
Sold
Jun 20, 2018
$1,035,000
Public Record
Sold
Feb 9, 2007
$590,000
Public Record
Sold
Feb 10, 2003
$410,000
Public Record