1995 Old Calaveras Road, Milpitas, California 95035, Milpitas, - bed, bath

home-pic
ACTIVE$6,600,000
1995 Old Calaveras Road, Milpitas, California 95035
3Beds
2Baths
1,750Sqft
859,003Lot
Year Built
1933
Close
-
List price
$6.6M
Original List price
$6.6M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82026011
Home ConditionPoor
Features
Excellent View:
View-

About this home

Welcome to 1995 Old Calaveras Road, a truly rare 20-acre estate in the heart of Silicon Valley. This one-of-a-kind Milpitas property offers 10 acres of flat and 10 hillside, providing endless potential for personal or business use. The property features a 9,600 sq. ft. air-conditioned building. Ideal for a business owner, investor, or visionary looking for storage, workspace, or commercial flexibility. The 1,750 sqft single-story home makes an excellent guest house, second home, or temporary residence while you design and build your dream estate. Imagine your own private horse ranch, vineyard, or creative compound. All just minutes from major tech campuses like Google, Meta, Netflix, and Adobe. Properties like this rarely come to market. Experience the perfect blend of space, privacy, and opportunity. Right in Silicon Valley.

Price History

Date
Event
Price
10/27/25
Listing
$6,600,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (57 Listings)
Beds34
34%
Baths23
40%
Square foot1,7501,824
45%
Lot Size859,0035,738
98%
Price$6.6M$1.81M
98%
Price per square foot$3,771$985.5
98%
Built year19339860989
2%
HOA
Days on market9140
2%
Condition Rating
Poor

The residential home, built in 1933, is significantly outdated. The kitchen features older, light wood cabinets, laminate countertops, white appliances, and dated linoleum flooring with fluorescent lighting. The bathrooms also show very dated vanities, fixtures, and flooring. While functional, the interior requires substantial cosmetic rehabilitation to meet modern standards, aligning with a 'poor' condition where major components require extensive updates and the living space would be uncomfortable for most without significant investment. The property's primary value appears to be in the land and commercial building, with the house serving as a temporary or secondary residence.
Pros & Cons

Pros

Expansive Land & Development Potential: A truly rare 20-acre estate (10 flat, 10 hillside) offering endless potential for personal or business use, such as a private horse ranch, vineyard, or custom dream estate.
Prime Silicon Valley Location: Strategically located in the heart of Silicon Valley, just minutes from major tech campuses like Google, Meta, Netflix, and Adobe, ensuring high demand and investment value.
Significant Commercial/Flex Space: Features a substantial 9,600 sq. ft. air-conditioned building, ideal for a business owner, investor, or visionary seeking storage, workspace, or commercial flexibility.
Existing Residential/Guest House: Includes a 1,750 sqft single-story home that can serve as an excellent guest house, second home, or temporary residence while developing the main estate.
Rarity & Uniqueness: Described as a 'truly rare' and 'one-of-a-kind' property, offering an unparalleled blend of space, privacy, and opportunity that rarely comes to market in this region.

Cons

Age of Residential Structure: The 1933-built 1,750 sqft home is quite old and may require significant renovations or updates to meet modern luxury living standards expected for an estate of this caliber.
High Initial Investment & Development Costs: The $6.6 million list price is substantial, and realizing the property's full potential (e.g., building a new dream estate, extensive landscaping, business development) will necessitate significant additional capital investment and planning.
Limited Primary Residence Size: The existing 1,750 sqft residential home is relatively modest for a 20-acre estate, suggesting that the primary value lies in the land and commercial building rather than the current residential dwelling.

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