62 Washington Square Drive, Milpitas, California 95035, Milpitas, 95035 - 2 bed, 3 bath
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Milpitas, California 95035
This Spacious Dual-Suite Townhouse is a Prime Investment Opportunity, listed at $859,000—positioned below the $879,000 Fair Market Value by 2%. This valuation gap offers $20,000 in Instant Equity for buyers. The property maintains a Fair Condition Rating, featuring a Move-In Ready interior with fresh paint and a Rare Private Backyard. While functional, the 1990s-style finishes provide clear upside for value-add cosmetic updates. Located near Excellent Milpitas Schools, this is an ideal acquisition for Owner-Occupants or first-time buyers.
Property is moderate renovation needed.
Built in 1990 (34 years old), the property is well-maintained and move-in ready with fresh paint and granite countertops. However, it remains dated with original 1990s-style cabinetry and older architectural finishes, fitting the 'Fair' criteria for homes over 20 years old that require cosmetic updates to meet modern standards.
The floor plan features two spacious master suites, providing an ideal layout for roommates or small families seeking maximum privacy and convenience.
This property includes a spacious backyard, a rare and highly desirable feature for a townhouse that offers significant space for gardening and outdoor entertaining.
The interior has been freshly painted and features clean carpeting, allowing for immediate occupancy without the need for costly or time-consuming initial renovations.
The association fee of $474 per month adds a significant recurring cost to the property's ownership, which may impact the overall affordability for some buyers.
The property has undergone a price reduction from its original listing, which can sometimes indicate a lack of initial market traction or a shift in local buyer demand.
Welcome to this inviting townhouse in prime location of Milpitas! Located inside the most sought-after community, it is well maintained with a relaxing community pool. The property offers spacious well-designed living space, perfect for comfortable living, including 2 master suites and attached garage. Enjoy cozy dining and living area enhance by a welcoming fireplace. This rare hidden gem comes with spacious backyard that can be ideal for gardening and family/friends gathering. Freshly painted interior and clean carpet are move-in ready. Easy access to major freeways and walking distance to community stores and excellent Milpitas schools. Additional amenities include access to a fenced community pool, ideal for relaxation and recreation.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 20% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,238 | 1,528 | 10% |
| Lot Size | - | - | 50% |
| Price | $859.0K | $1.19M | 7% |
| Price per sq ft | $694 | $748 | 17% |
| Built year | 1990 | 2015 | 7% |
| HOA | $474.0 | $396 | 93% |
| Days on market | 35 | 114 | 3% |
Apr 16, 2026
$859,000
$879,000
-2% Price Drop
Initial Listing
Mar 18, 2026
$879,000
Initial Listing