The median home value in Milpitas, CA is $1,255,000.
This is
lower than
the county median home value of $1,312,000.
The national median home value is $308,980.
The average price of homes sold in Milpitas, CA is $1,255,000.
Approximately 63% of Milpitas homes are owned,
compared to 34% rented, while
3% are vacant.
Milpitas real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Milpitas real estate agent to arrange a tour today!
Learn more about Milpitas.
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
Perfect high traffic location to run a grocery/convenience store with beer and wine license located in Central Milpitas. New POS (Point of Sale) system with 2 registers and new security Camera system with 12 Cameras. Two new walk-in coolers with 10 Refrigerators doors and 5 freezer doors and one walk-in cooler with 4 doors. Store has Beer and Wine License.
High class, well kept restaurant in a soon to be area of 400+ new apartments & townhomes. Close to the Great Mall, this portion of South Main Street in Milpitas is ongoing with new developments and mixed use projects. A new residential community is slated to be built across from the restaurant on South Main Street, a mixed-use residential and retail complex, and a project with housing units near Main Street. Lots of room for large parties. dancing, buffets and special events. Excellent opportunity for the right group to take over and enjoy a profitable venture. Owner will consider all offers.
27 S Main St, Milpitas that spans 0.34 acres,15,000 sqft, zoned for mixed-use development. The land is primed for development and capable of accommodating a seven-story building, with approximately 75,000 square feet total building floor area. It can be designed for 48 combination of one, two and three bedroom condo units and 1062 square feet commercial unit area, along with an underground garage.This land is located in a rapidly growing region,and the development of this property offers a unique opportunity to capitalize on the growing demand for mixed-use developments in the area. With its proximity to Silicon Valley, Milpitas has seen a surge in innovation and economic growth, making it an ideal location for this project. The property is conveniently located near public transportation, shopping, and entertainment destinations, making it an attractive destination for businesses and residents alike.
Prime Development Opportunity Subject to city planner approval, this property offers: Up to 19,602 SF, 3-story build (based on prior plans) R3B zoning with potential (recently changed zone into Industry by mistake) and it could be medical office or clinic High-density residential: Up to 9 units Affordable housing incentives: Density bonus up to 35% Versatile First Floor Options: Medical, retail, showroom, early education, offices, or senior housing. Ideal for developers seeking residential or mixed-use projects in a city that welcomes affordable housing initiatives.

Website designed by Constellation1, a division of Constellation Web Solutions, Inc.