
Milpitas, California 95035
This Luxury New Construction Townhouse is a Strong Value Opportunity, listed at $1,199,000—positioned well below the $1,249,612 Fair Market Value by 4%. This valuation gap provides $50,612 in Instant Equity for a property boasting a Condition Rating of 2. The all-electric design features a chef-inspired kitchen, pre-wired EV charging, and a spa-like primary suite. Located steps from the Milpitas Transit Center and top-tier amenities, it offers a sustainable, high-end lifestyle. This is an ideal match for Silicon Valley professionals or modern families seeking a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 648 S Main Street Subject | $1,199,000* List Price | 3 | 3 | 1,565 | $798 | - |
A 885 Spirit Walk Sold | $1,180,000 | 3 | 3 | 1,353 | $872 | 0.3 mi |
B 1603 Canal Street Sold | $1,200,000 | 3 | 3 | 1,413 | $849 | 0.9 mi |
C 660 660 S Main Street Active | $1,251,302 List Price | 3 | 3 | 1,565 | $800 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2026 construction featuring modern, high-end finishes including a luxury kitchen with quartz countertops, stainless steel appliances, and shaker cabinetry. The home includes contemporary energy-efficient systems like a tankless water heater and pre-wired EV charging, meeting the highest current quality standards with no physical depreciation.
As a new 2026 all-electric construction, the home features eco-friendly amenities including a pre-wired EV charger and a tankless water heater, catering to the modern, environmentally-conscious buyer.
The property is ideally situated near the Milpitas Transit Center (BART/VTA) and provides rapid access to Highways 680, 880, and 237, making it a premier choice for Silicon Valley professionals.
The three-story design offers excellent separation of space, featuring an open-concept main floor for entertaining and a dedicated third floor for private living and laundry convenience.
The three-level townhouse configuration requires frequent stair climbing, which may be a drawback for buyers with mobility concerns or families with very young children.
The reliance on marketing-only photos rather than images of the actual unit may make it difficult for prospective buyers to assess the specific finishes and natural light of the home.
Find your new luxury home at South Main, an exclusive all-electric community of new townhomes in Milpitas. offers modern comfort across three thoughtfully designed levels. First floor access to the two-car garage with pre-wired EV charger, and tankless water heater. Second level, open-concept layout connects the great room and casual dining area to the kitchen, a center island with breakfast bar. Covered balcony off the main living area creates space for outdoor dining or relaxing. Secondary bedroom with access to a full hall bath provides flexibility for guests or extended stays. Third floor dedicated to private living, with a luxurious primary suite a generous walk-in closet, a spa-inspired bath, dual vanities, shower with seat, and a private water closet. Secondary bedroom with a private bath a convenient third-floor laundry area. Intimate enclave boasts a community park with tot lot, picnic areas. Its central location provides walkability to world-class shopping, dining, recreation such as Great Mall, Big Dog Vineyards, and Hidden Lake Park. Near the new Milpitas Transit Center featuring BART / VTA and convenient access to highways 680 / 880 / 237. (photos not of actual home, for marketing only)
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,565 | 1,535.5 | 53% |
| Lot Size | - | - | 50% |
| Price | $1.20M | $1.19M | 50% |
| Price per sq ft | $766 | $748 | 63% |
| Built year | 2026 | 2016 | 97% |
| HOA | $428.0 | $396 | 83% |
| Days on market | 35 | 114 | 3% |
Mar 18, 2026
$1,199,000
Initial Listing