
Milpitas, California 95035
This Spacious Modern Condominium is a Strong Value Opportunity, listed at $849,000—positioned well below the $865,901 Fair Market Value by 2%. This valuation gap offers $16,901 in Instant Equity. Featuring a Condition Rating of 3, the unit includes updated LVP flooring and resort-style amenities like a pool and spa. Located near Milpitas High School (9/10), this home balances urban convenience with a tranquil greenbelt view. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 700 S Abel Street 317 Subject | $849,000* List Price | 2 | 2 | 1,309 | $661 | - |
A 600 S Abel Street 224 Sold | $780,000 | 2 | 2 | 1,259 | $620 | 0.1 mi |
B 600 S Abel St 214 Sold | $1,010,001 | 3 | 2 | 1,421 | $711 | 0.1 mi |
C 700 S Abel St 411 Sold | $750,000 | 2 | 2 | 1,108 | $677 | 0.0 mi |
D 800 S Abel Street 219 Sold | $849,000 | 2 | 2 | 1,259 | $674 | 0.1 mi |
E 700 S Abel Street 415 Pending | $799,000 List Price | 2 | 2 | 1,309 | $610 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007 (19 years old), the property falls within the 10-20 year age bracket for well-maintained, move-in ready homes. It features recent updates including new LVP flooring, while the kitchen and bathrooms remain in functional, contemporary condition consistent with the original construction.
High School: Milpitas High School (9/10).
Situated in the heart of Silicon Valley near the Great Mall and top-rated schools, this community offers resort-style amenities including a pool, fitness center, and on-site EV charging.
Featuring one of the largest floor plans at 1,309 sqft, the unit boasts updated LVP flooring and a single-level open-concept design that maximizes natural light and functional living space.
The monthly association fee of $621 is significant, which may impact overall affordability and debt-to-income ratios for prospective buyers.
With 59 days on the market and a recent $50,000 price reduction, the property is experiencing slower momentum compared to typical Silicon Valley turnover rates.
Price Improvement! Located on the third floor of the highly desirable gated community at Terra Serena Luna, this beautifully updated 2-bedroom, 2-bath residence offers one of the largest and most popular floor plans in the building. With elevator access and no interior stairs, the layout maximizes every square foot while creating a bright, open living space. Expansive windows and sliding glass doors bring in natural light and offer a sense of privacy and tranquility. Upgraded LVP flooring throughout, the home features an open-concept living and dining area ideal for both daily living and entertaining. Additional highlights include two side-by-side assigned parking spaces in the secured garage and on-site EV charging stations. Residents enjoy resort-style amenities including a clubhouse, pool, spa, fitness center, and BBQ area within a well-maintained contemporary community that blends urban convenience with a relaxed residential atmosphere. Ideally situated in the heart of Silicon Valley, the home is just minutes from Great Mall, Trader Joes, popular dining destinations, parks, playgrounds, and the Milpitas Library. With top-rated schools and easy access to major commuter routes, this is an exceptional opportunity to enjoy comfort, convenience, and lifestyle in one place.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-6 • 0.9 mi
Grades 7-8 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,309 | 1,211 |
| Lot Size | - | 2,091 |
| Price | $849.0K | $725.0K |
| Price per sq ft | $649 | $653 |
| Built year | 2007 | 2000 |
| HOA | $621.0 | $622 |
| Days on market | 63 | 58 |
Jul 18, 2026
$849,000
$899,000
-6% Price Drop
Initial Listing
May 20, 2026
$899,000
Initial Listing
Oct 30, 2007
$515,000
Public Record