800 Los Positos Drive, Milpitas, California 95035, Milpitas, 95035 - 4 bed, 3 bath
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Milpitas, California 95035
Analysis of 800 Los Positos Drive, Milpitas, California 95035 reveals a Prime Investment Opportunity with a current list price of $1,988,000—significantly undercutting the $2,314,344 Fair Market Value by 14%. This valuation gap indicates a +$326,344 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Milpitas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 800 Los Positos Drive Subject | $2,300,000 | 4 | 3 | 2,566 | $902 | - |
A 808 Cameron Circle Active Under Contract | $1,975,000 List Price | 5 | 3 | 2,304 | $857 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, this home has been well-maintained with functional systems and some updates like laminate flooring, double-pane windows, and central AC/heating. The kitchen features granite countertops and stainless steel appliances, but the cabinet style and backsplash appear to be from an update 15-20 years ago, not a recent renovation. The bathrooms are clean and functional but clearly show outdated styles in their vanities, countertops, and tile work. While move-in ready, the property requires minor cosmetic updates, particularly in the kitchen and bathrooms, to meet current aesthetic standards, aligning with the 'Fair' condition criteria.
Located in a highly sought-after Milpitas neighborhood, offering proximity to top-rated schools, local parks, shopping centers, major tech employers, and effortless access to I-880, I-680, and BART for convenient commuting.
This 4-bed, 3-bath, 2,566 sq. ft. home features a highly functional floor plan, including a valuable downstairs bedroom and full bath ideal for guests or multi-generational living, plus an oversized bonus room for flexible use.
The property boasts desirable modern amenities such as laminate floors, designer light fixtures, double pane windows, central AC and heating, and a dedicated laundry room, enhancing comfort and efficiency.
The 5,000 sq. ft. lot is relatively modest for a home of this size (2,566 sq. ft.), potentially limiting extensive outdoor living space or future expansion opportunities compared to larger parcels in the area.
Built in 1981, while updated with modern amenities, the underlying infrastructure of the 40+ year old property may require future maintenance or upgrades to systems not explicitly mentioned as replaced (e.g., plumbing, electrical, roof).
Described as 'low-maintenance,' the backyard may lack the extensive landscaping, large entertaining areas, or significant gardening space that some buyers might desire for outdoor activities.
800 Los Positos Drive, 4-bed, 3-bath Shapell home located in one of Milpitas' most sought-after neighborhoods. This two-story home offers 2,566 sq. ft. of thoughtfully designed living space on a 5,000 sq. ft. lot. The home boasts bright and open layout, featuring high vaulted ceilings in the formal living and dining area with large windows flooding the room with natural light. The spacious kitchen has ample cabinet space with granite countertops that flow seamlessly into the family room with a cozy fireplace and sliding glass doors that lead to the backyard. The downstairs bedroom and full bath are perfect for guests or multigenerational living. Upstairs, you'll find spacious bedrooms and a large primary suite with an en-suite bathroom and walk-in closet. An additional oversized bonus room that could be used as an office, 5th bedroom, or gym is located on the second floor. Modern amenities include laminate floors, designer light fixtures, double pane windows, central AC and heating, plus a laundry room. The low-maintenance backyard is perfect for relaxing, gardening, or hosting gatherings. Located near top-rated schools, local parks, shopping centers, and major tech employers, this home also offers easy access to I-880, I-680, and BART, making your daily commute effortless.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 56% |
| Square foot | 2,566 | 1,482.5 | 92% |
| Lot Size | 5,000 | 5,940 | 44% |
| Price | $2.30M | $1.50M | 89% |
| Price per sq ft | $896 | $997 | 25% |
| Built year | 1981 | 1974 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 300 | 103 | 0% |
Jun 26, 2025
$1,988,000
Initial Listing