600 S Abel Street 505, Milpitas, California 95035, Milpitas, 95035 - 2 bed, 2 bath
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600 S Abel Street 505
Milpitas, California 95035
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,259Sq Ft
1,158Lot Size
Property Price
LIST PRICE$775,000
EST. MARKET VALUE
$794,229
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $799,000—positioned well below the $824,829 Fair Market Value by 3%. This valuation gap offers $25,829 in Instant Equity. Featuring a Good Condition Rating, this top-floor corner unit offers privacy, high ceilings, and resort-style amenities including a pool and spa. Located near Milpitas High School (9/10), this property is an ideal choice for first-time buyers or Owner-Occupants seeking a move-in ready home in Silicon Valley.
Estimated Market Value
$794,229
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 |
|---|---|---|---|---|---|---|
★ 600 S Abel Street 505 Subject | $775,000* List Price | 2 | 2 | 1,259 | $631 | - |
A 600 S Abel Street 224 Sold | $780,000 | 2 | 2 | 1,259 | $620 | 0.0 mi |
B 700 S Abel Street 415 Sold | $797,000 | 2 | 2 | 1,309 | $609 | 0.1 mi |
C 800 S Abel Street 219 Sold | $849,000 | 2 | 2 | 1,259 | $674 | 0.2 mi |
D 367 San Miguel Court 2 Sold | $565,000 | 2 | 1 | 882 | $641 | 0.3 mi |
E 700 S Abel Street 101 Active | $749,999 List Price | 2 | 2 | 1,309 | $573 | 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 2007 (17 years old), the property falls within the 10-20 year range for 'Good' condition. It is well-maintained and move-in ready with a functional kitchen featuring granite countertops and stainless steel appliances, upgraded hard surface flooring, and central HVAC.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Milpitas High School (9/10).
- Premium Unit Positioning
As a top-floor corner unit with no neighbors above and only one shared wall, this property offers exceptional privacy and quiet within a high-density community.
- Functional Modern Layout
The 1,259 sqft floor plan features high ceilings, an open-concept living area, and bedrooms separated for maximum privacy, complemented by upgraded hard surface flooring.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1158, other record lot size in square feet = 435.
- High Monthly HOA Fees
The $612 monthly association fee represents a significant recurring cost that impacts the overall monthly affordability for potential buyers.
- Urban Density
Located in a large, high-density complex near major commercial hubs, the property may experience more ambient noise and traffic compared to lower-density residential neighborhoods.
About 600 S Abel Street 505
Top floor corner unit looking into courtyard. Highly desirable gated community at Terra Serena Luna. Enjoy the convenience of elevator and no stairs. Only one neighbor and no one on top. Quiet inside location. High ceiling and bright open concept layout. Peaceful courtyard views from private balcony. Plenty of cabinet and countertop space. Both bedrooms with own bathroom and walk-in closet. Bedrooms separated from the living area. Upgraded hard surface flooring throughout. Central heating and AC. One large storage room and one storage cabinet in balcony. Two assigned parking spaces. Residents enjoy resort-style amenities including gated entry with smart phone access, clubhouse, pool, spa, fitness center, EV charging stations and BBQ area. Ideally situated in the heart of Silicon Valley, the home is just minutes from Great Mall, VTA, Trader Joes, popular dining destinations, parks, playgrounds, and the Milpitas Library.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2007
- Lot Size
- 1,158 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $612.0 / Month
Neighborhood Insights
Milpitas Unified Schools
Anthony Spangler Elementary School
Grades K-6 • 0.8 mi
7/10
Pearl Zanker Elementary School
Grades K-6 • 1.0 mi
7/10
Rancho Milpitas Middle School
Grades 7-8 • 2.0 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.7 |
| Baths | 2.0 | 1.9 |
| Square foot | 1,259 | 1,168.6 |
| Lot Size | 1,158 | 1,523.222 |
| Price | $775.0K | $693.2K |
| Price per sq ft | $616 | $653 |
| Built year | 2007 | 1997 |
| HOA | $612.0 | $526 |
| Days on market | 46 | 54 |
Pricing History
Listed for Sale
Aug 20, 2026
$775,000
$799,000
-3% Price Drop
Initial Listing
Price Change
Jul 25, 2026
$799,000
Initial Listing
Sold
Apr 11, 2008
$481,500
Public Record