Set on approximately 10 rare acres of mostly flat to gently rolling terrain, this exceptional Milpitas property offers a unique opportunity to create a private custom estate with breathtaking 360-degree views of the Bay, city lights, and surrounding foothills. An existing ~1,339 sq ft residence (buyer to verify) features 2 bedrooms and 2 bathrooms, providing immediate livability or potential for ADU conversion while you design and build your dream home. The property includes a detached 2-car garage, expansive workshop, covered RV/boat parking, large parking area, mobile home, and a cabana building with an indoor fire pit/BBQ for flexible living and entertaining. The grounds are suited for outdoor recreation, including hiking, horseback riding, ATVs, and dirt biking, offering a rare blend of usable land and natural beauty. Utilities include AT&T fiber, PG&E electricity, a deep private well, natural spring, propane, and septic system. Enjoy unmatched privacy in a nature-filled setting just minutes from downtown Milpitas, shopping, dining, major freeways, and Silicon Valleys leading tech campuses. With potential for expansion, customization, or possible subdivision (buyer to investigate), this is a rare offering with endless possibilities. A must-see property with incredible views.
For sale
$5,498,000
2375 Old Calaveras Rd, Milpitas, CA 95035
2beds
1,339sqft
Single Family Residence, Residential
Built in 1937
10.01 Acres Lot
$5,137,200 Zestimate®
$4,106/sqft
$-- HOA
What's special
Expansive workshopLarge parking area
- 87 days |
- 482 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
John Chung 01720510 650-269-7538,
Keller Williams Palo Alto 650-331-3133
Source: MLSListings Inc,MLS#: ML82049197
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Workshop
Bedroom
- Features: GroundFloorBedroom
Bathroom
- Features: ShowerandTub, UpdatedBaths, FullonGroundFloor
Dining room
- Features: DiningAreainLivingRoom, NoFormalDiningRoom
Family room
- Features: NoFamilyRoom
Kitchen
- Features: Countertop_Tile
Heating
- Central Forced Air
Cooling
- Central Air
Appliances
- Included: Disposal, Range Hood, Microwave, Gas Oven/Range, Refrigerator, Washer/Dryer, Water Softener
- Laundry: Inside, In Utility Room
Features
- Flooring: Carpet, Laminate
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 1,339
- Total interior livable area: 1,339 sqft
Property
Parking
- Total spaces: 3
- Parking features: Carport, Detached, Parking Area
- Garage spaces: 2
- Carport spaces: 1
- Covered spaces: 3
Features
- Stories: 1
- Patio & porch: Balcony/Patio
- Exterior features: Back Yard, Fenced
- Fencing: Front Yard
Lot
- Size: 10.01 Acres
Details
- Additional structures: MobileHome
- Parcel number: 02930009
- Zoning: HS-D2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Concrete Perimeter and Slab
- Roof: Composition, Shingle
Condition
- New construction: No
- Year built: 1937
Utilities & green energy
- Gas: PropaneOnSite
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Propane
Community & HOA
Location
- Region: Milpitas
Financial & listing details
- Price per square foot: $4,106/sqft
- Tax assessed value: $2,649,790
- Date on market: 5/30/2026
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan
Estimated market value
Zestimate®
$5,137,200
Estimated sales range
$4.88M - $5.39M
Rent Zestimate®
$4,033/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/30/2026 | Listed for sale | $5,498,000+129.1%$4,106/sqft |
Source: | ||
| 4/30/2021 | Sold | $2,400,000-11%$1,792/sqft |
Source: | ||
| 4/1/2021 | Contingent | $2,698,000$2,015/sqft |
Source: | ||
| 2/23/2021 | Price change | $2,698,000-22.9%$2,015/sqft |
Source: Corcoran Global Living #ML81821616 Report a problem | ||
| 1/21/2021 | Price change | $3,498,888-12.4%$2,613/sqft |
Source: Corcoran Global Living #ML81821616 Report a problem | ||
| 12/1/2020 | Listed for sale | $3,995,000$2,984/sqft |
Source: Coldwell Banker Realty #ML81821616 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $2,649,790 +2% |
| 2025 | $29,982 +2.1% | $2,597,835 +2% |
| 2024 | $29,374 +0.3% | $2,546,898 +2% |
| 2023 | $29,286 +0.3% | $2,496,960 +2% |
| 2022 | $29,190 +523.4% | $2,448,000 +564% |
| 2021 | $4,682 +1.7% | $368,649 +1% |
| 2020 | $4,602 | $364,870 +2% |
| 2019 | $4,602 +7.5% | $357,717 +2% |
| 2018 | $4,282 | $350,704 +3.5% |
| 2017 | $4,282 +2.8% | $338,742 +10.8% |
| 2016 | $4,167 +15.6% | $305,764 +3.2% |
| 2015 | $3,604 +5.1% | $296,196 +4.2% |
| 2014 | $3,428 | $284,253 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 95035
Nearby schools
GreatSchools rating
- 9/10William Burnett Elementary SchoolGrades: K-6Distance: 0.6 mi
- 9/10Thomas Russell Middle SchoolGrades: 7-8Distance: 1.5 mi
- 9/10Milpitas High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- High: MilpitasHigh
- District: MilpitasUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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