1355 Lilac Way, Milpitas, California 95035, Milpitas, - bed, bath
ACTIVE$1,248,781
1355 Lilac Way, Milpitas, California 95035
3Beds
2Baths
1,585Sqft
Lot
Year Built
2025
Close
-
List price
$1.25M
Original List price
$1.32M
Price/Sqft
-
HOA
$409
Days on market
-
Sold On
-
MLS number
ML82014104
Home ConditionExcellent
Features
View-
About this home
Rise Plan 2 at the District offers two- story living with the living, kitchen, family room, and bedrooms on one floor. This home includes upgraded quartz countertops, luxury vinyl plank flooring throughout, and upgraded KitchenAid appliances.
Price History
Date
Event
Price
09/27/25
Price Change
$1,248,781-1.9%
08/23/25
Price Change
$1,273,000+2.5%
08/12/25
Price Change
$1,241,531
07/10/25
Listing
$1,316,531
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (22 Listings) | |
|---|---|---|---|
| Beds | 3 | 3 | 50% |
| Baths | 2 | 3 | 35% |
| Square foot | 1,585 | 1,584 | 52% |
| Lot Size | 0 | 682 | |
| Price | $1.25M | $1.18M | 61% |
| Price per square foot | $788 | $743 | 74% |
| Built year | 2025 | 2015 | 96% |
| HOA | $409 | $390 | 57% |
| Days on market | 117 | 153 | 35% |
Condition Rating
Excellent
This property is listed with a 'year_built' of 2025, indicating it is brand new construction. The description highlights upgraded quartz countertops, luxury vinyl plank flooring throughout, and upgraded KitchenAid appliances, all of which are high-quality, modern features. The exterior image also depicts a contemporary, newly built townhouse complex. All components are new, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
Brand New Construction: Built in 2025, this property offers modern design, energy efficiency, and the peace of mind of builder warranties, requiring no immediate repairs or updates.
Premium Interior Upgrades: The home boasts high-end finishes including upgraded quartz countertops, luxury vinyl plank flooring throughout, and upgraded KitchenAid appliances, enhancing its appeal and value.
Functional Two-Story Layout: The 'Rise Plan 2' design features a thoughtful two-story layout with the main living areas and bedrooms efficiently arranged on one floor, optimizing space and flow.
Desirable Milpitas Location: Situated in Milpitas, a highly sought-after Bay Area city, offering strong job markets, excellent amenities, and convenient access to major tech hubs.
Reduced Price from Original Listing: The current list price is notably lower than its initial offering, potentially presenting a more attractive and competitive entry point for prospective buyers.
Cons
High Monthly Association Fee: A substantial $409.0 monthly association fee adds a significant recurring cost to homeownership, which could impact affordability for some buyers.
Townhouse Limitations: As a townhouse, the property may involve shared walls, potentially less private outdoor space, and adherence to community rules, which might not suit all buyer preferences for single-family homes.
Inconsistent Price Adjustments: The property has experienced multiple price changes, including both increases and decreases, which could signal market uncertainty or challenges in attracting offers at previous price points.