397 S Park Victoria Drive, Milpitas, California 95035, Milpitas, 95035 - 3 bed, 2 bath
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Milpitas, California 95035
Analysis of 397 S Park Victoria Drive, Milpitas, California 95035 is currently available with a list price of $1,700,999. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
Built in 1966 with some functional updates including double-paned windows and central A/C. While it has new interior paint and some updated flooring, the property is dated with popcorn ceilings and budget bathroom finishes. Significant concern exists regarding unpermitted additions (second kitchen, extra bedroom, and third bathroom) which may require repairs or legalizing to meet modern standards.
The property is ideally situated near schools, restaurants, and grocery stores, with convenient access to major freeways, making it a highly desirable spot for commuters and families.
Equipped with central A/C, double-paned windows, and fresh interior paint, the home offers essential modern upgrades that enhance energy efficiency and move-in readiness.
The property features a large backyard and a substantial side yard capable of parking two additional vehicles, providing rare outdoor utility and storage space for the area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 6283, other record living area = 1517.
The conversion of the family room into a second kitchen and the addition of a bedroom and third bathroom have unknown permit status, which poses significant risks for financing, insurance, and future resale.
There is notable ambiguity regarding the square footage and room count, as the listed living area matches the lot size and the physical layout differs from official records, necessitating thorough buyer due diligence.
Welcome to 397 S. Park Victoria Dr. Milpitas . Excellent location near school restaurants. Church and groceries market , Easy to access to all major freeways Spacious floor plan. Bright and Airy. Double paned window. Central A/C. New interior paint. family room converted to a 2nd kitchen permit unknown , Seller added on another bedroom and 3rd bathroom at the hall way permit unknown . Large back yard .Large side yard can park 2 cars Escrow with Fidelity National Title. Escrow #FSBC-4032500530-PD
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 6,283 | 1,482.5 | 97% |
| Lot Size | 6,283 | 5,995 | 75% |
| Price | $1.70M | $1.50M | 69% |
| Price per sq ft | $271 | $997 | 3% |
| Built year | 1966 | 1971 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 70 | 100 | 22% |
Feb 11, 2026
$1,700,999
Initial Listing