
Milpitas, California 95035
This Northeast-Facing Penthouse is a Strong Value Opportunity, listed at $749,888—positioned well below the $770,424 Fair Market Value by 2%. This valuation gap offers $20,536 in Instant Equity for the buyer. The property maintains a Good Condition Rating and features a Private Balcony, Soaring Ceilings, and On-site EV Charging. Its strategic location near the Great Mall and future BART station ensures high demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium, well-connected Silicon Valley residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 800 S Abel Street 519 Subject 2 bd · 2 ba · 1,259 sqft · $612 | $749,888* List Price | 2 | 2 | 1,259 | $612 | - |
A 700 S Abel Street 101 Sold 2 bd · 2 ba · 1,309 sqft · $617 · 0.2 mi | $807,500 | 2 | 2 | 1,309 | $617 | 0.2 mi |
B 700 S Abel Street 415 Sold 2 bd · 2 ba · 1,309 sqft · $609 · 0.1 mi | $797,000 | 2 | 2 | 1,309 | $609 | 0.1 mi |
C 600 S Abel Street 224 Sold 2 bd · 2 ba · 1,259 sqft · $620 · 0.2 mi | $780,000 | 2 | 2 | 1,259 | $620 | 0.2 mi |
D 367 San Miguel Court 2 Sold 2 bd · 1 ba · 882 sqft · $641 · 0.5 mi | $565,000 | 2 | 1 | 882 | $641 | 0.5 mi |
E 600 S Abel Street 505 Pending 2 bd · 2 ba · 1,259 sqft · $596 · 0.2 mi | $750,000 List Price | 2 | 2 | 1,259 | $596 | 0.2 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 'Good' condition. The kitchen is well-maintained with stainless steel appliances and clean cabinetry, and the bathrooms are functional and move-in ready. Systems including central HVAC and in-unit laundry are present and appear to be in good working order.
As a northeast-facing corner penthouse, this unit features soaring ceilings and enhanced natural light, offering superior privacy and architectural volume compared to standard interior units.
The property is ideally situated near the Great Mall, VTA, and major freeways with close proximity to the future BART station, providing exceptional connectivity for Silicon Valley professionals.
This condo includes highly desirable practical features such as two assigned parking spaces, two dedicated storage areas, in-unit laundry, and access to a gated community with EV charging and a fitness center.
The $569 monthly association fee represents a significant recurring expense that buyers must factor into their total monthly debt-to-income ratio and long-term budget.
The listing identifies the high school district as 'Other' and the area as 'Not Defined,' which may necessitate additional due diligence for families prioritizing specific public school assignments.
Welcome to 800 S Abel St #519, a northeast-facing corner penthouse in Milpitas gated Terra Serena Luna community. This two-bedroom, two-bathroom condo offers 1,259 square feet with soaring ceilings, abundant natural light, and an open-concept living and dining area. The kitchen includes stainless steel appliances, countertops, backsplash, ample cabinetry, and direct connection to the main living spaces. A private balcony overlooks the community courtyard. The primary suite includes dual sinks, a soaking tub, oversized shower, and walk-in closet. The secondary bedroom has a built-in closet and flexible use as a guest room or home office. Additional features include in-unit laundry, central heating and air conditioning, two storage areas, and two assigned parking spaces. Community amenities include gated entry, clubhouse, pool, spa, fitness center, parks, and on-site EV charging. Conveniently located near Great Mall, Trader Joes, shopping, dining, VTA transportation, and major freeways, this home offers access throughout the South Bay and Silicon Valley. It is also near the future BART station.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 2.0 | 1.9 |
| Square foot | 1,259 | 1,184.154 |
| Lot Size | - | 1,312.292 |
| Price | $749.9K | $732.9K |
| Price per sq ft | $596 | $649 |
| Built year | 2007 | 1999 |
| HOA | $569.0 | $508 |
| Days on market | 15 | 56 |
Oct 9, 2026
$749,888
Initial Listing
Sep 27, 2024
$870,000
Public Record
Oct 7, 2016
$633,000
Public Record
Sep 16, 2009
$378,000
Public Record