691 Elderberry Drive, Milpitas, California 95035, Milpitas, 95035 - 3 bed, 3 bath
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691 Elderberry Drive
Milpitas, California 95035
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,980Sq Ft
1,350Lot Size
Property Price
LIST PRICE$1,375,000
EST. MARKET VALUE
$1,317,963
4% AboveMARKET VALUE
SUMMARY
This Turnkey Townhouse is a Strong Value Opportunity, listed at $1,375,000—positioned slightly above the $1,317,963 Fair Market Value. While currently priced for the market, the home features an Excellent Condition Rating with recent HOA-led upgrades, including a new roof and FAU system. Residents enjoy a Gourmet Kitchen, a Dedicated Office, and a Private Balcony in a prime tech-hub location near top-rated Milpitas High School (9/10). This residence offers a seamless, low-maintenance lifestyle, making it an ideal acquisition for Silicon Valley Professionals or Owner-Occupants seeking a move-in ready sanctuary.
Estimated Market Value
$1,317,963
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 |
|---|---|---|---|---|---|---|
★ 691 Elderberry Drive Subject | $1,375,000* List Price | 3 | 3 | 1,980 | $666 | - |
A 857 Luz Del Sol Loop Sold | $1,145,000 | 3 | 3 | 1,817 | $630 | 0.9 mi |
B 1369 Coyote Creek Way Sold | $1,295,000 | 3 | 4 | 1,788 | $724 | 0.1 mi |
C 651 Elderberry Dr Sold | $978,000 | 2 | 2 | 1,316 | $743 | 0.0 mi |
D 1339 Nestwood Active | $1,298,000 List Price | 3 | 2 | 1,951 | $665 | 0.1 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 2013 (13 years old), this property falls within the 10-20 year age bracket for 'Good' condition. The home is well-maintained and move-in ready, featuring a functional gourmet kitchen with granite countertops and stainless steel appliances. It also boasts significant recent system and structural maintenance, including a tankless water heater, FAU upgrades, and a new roof.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Thomas Russell Middle School (9/10). High School: Milpitas High School (9/10).
- Prime Tech Hub Location
Ideally situated within walking distance to major employers like Cisco and SanDisk, with immediate access to Google shuttles and major highways, offering exceptional convenience for Silicon Valley professionals.
- Turnkey Condition & Recent Upgrades
This rarely occupied 2013 build features extensive recent HOA-led improvements including a new roof, stucco repairs, and FAU upgrades, ensuring a move-in ready experience with minimized immediate maintenance needs.
CONSRISKS & DEFICIENCIES
- Market Stagnation & Price Correction
The property has been on the market for over 30 days and has already undergone a price reduction, suggesting the initial list price may have exceeded current buyer valuation for the specific sub-market.
- Limited Private Outdoor Space
With a small lot footprint typical of high-density townhomes, outdoor living is restricted to balconies, which may be a drawback for buyers seeking a private yard or garden space.
About 691 Elderberry Drive
Welcome to this beautifully maintained, rarely occupied home in one of Milpitas' most desirable communities, ideal for both owner-occupants and investors alike! Built in 2013, this exceptional residence offers nearly 2,000 sq. ft., featuring 3 bedrooms, a dedicated office with custom floor-to-ceiling built-in shelving, and 2.5 bathrooms. Bright and airy, the open-concept layout seamlessly connects the gourmet kitchen- boasting granite countertops, stainless steel appliances, abundant cabinetry, and a private balcony- to the spacious living and dining areas. The lavish primary suite features a walk-in closet and an oversized private balcony. Premium upgrades include hardwood flooring, dual-pane windows, custom window treatments, an attached side-by-side two-car garage with freshly updated epoxy flooring, tankless water heater, recently updated central A/C system, and high-quality HOA enhancements including a brand-new roof and complete exterior painting. Enjoy resort-style community amenities: clubhouse, swimming pool, fitness center, and BBQ area. Steps from Cerano Park, tennis/basketball courts, playgrounds, and scenic Coyote Creek Trail. Walk to Cisco, KLA, and SanDisk, with adjacent Google and major tech shuttle stops. Quick access to Hwys 880/237 & Montague Expwy.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2013
- Lot Size
- 1,350 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $285.0 / Month
Neighborhood Insights
Milpitas Unified Schools
Anthony Spangler Elementary School
Grades K-6 • 1.2 mi
7/10
Thomas Russell Middle School
Grades 7-8 • 2.9 mi
9/10
Milpitas High School
Grades 9-12 • 2.8 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 | 1,980 | 1,561.5 |
| Lot Size | 1,350 | 1,315.455 |
| Price | $1.38M | $1.18M |
| Price per sq ft | $694 | $743 |
| Built year | 2013 | 2015 |
| HOA | $285.0 | $407 |
| Days on market | 43 | 47 |
Pricing History
Listed for Sale
Aug 26, 2026
$1,375,000
$1,398,800
-2% Price Drop
Initial Listing
Price Change
Jul 28, 2026
$1,398,800
Initial Listing
Sold
Oct 26, 2016
$945,000
Public Record
Sold
Mar 19, 2014
$794,500
Public Record