Residential

Milpitas, CA Residential Land & Home Lots for Sale

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9.44 Acres Milpitas Land
Updated: Mar 25
9.44 Acres Milpitas Land

2155 Old Calaveras Road, Milpitas, CA 95035

$3,500,000
9 sqft 9.44 AC lot
9.44 acre lot with 180 degree views
Well on site
Zoned HS‑D2, permitted uses include agriculture, outdoor recreation, stables
Ideal for your dream home
APN: 029‑30‑008
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Development Opportunity in Milpitas
Updated: May 6, 2025
Development Opportunity in Milpitas

Marylinn Drive, Milpitas, CA 95035

$990,000
0.45 AC lot
High‑density residential zoning (R3B) allowing up to 9 units, ideal for residential development.
Potential for a 35% density bonus through affordable housing incentives.
Versatile first‑floor options suitable for medical, retail, office, or senior housing, enabling mixed‑use development.
Potential for up to 13,305 SF, 3‑story build (subject to city approval and based on prior plans).
Opportunity for zoning change to IND (subject to city planner approval).
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2 active listings match your search: Residential Lot for sale in Milpitas, CA. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Medium-Density Residential Development Land
Medium-Density Residential Development Land

41426 Roberts Ave, Fremont, CA 94538

$1,098,000

R-3-18 zoned Fremont lot suitable for multiple dwellings near Downtown Irvington and major commute routes.

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San Jose Land with Views
San Jose Land with Views

San Jose, CA 95132

$1,499,000
18.74 AC lot

18.65 acres of land with views near Highway 680.

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Land, SanJose, CA
Land, SanJose, CA

San Jose, CA 95132

$288,000
0.47 AC lot

Land · 0.47 Acres

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Pre-Entitlement Hillside Development Land
Pre-Entitlement Hillside Development Land

501 Crystalline Place, Fremont, CA 94539

Contact for pricing
18.30 AC lot

Hillside development site with prior conceptual planning for residential use, currently in a pre-entitlement stage.

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Milpitas, CA Residential Land & Home Lots Market Trends and Statistics

Explore 2 residential land & home lots for sale in Milpitas, CA on our real estate platform. These investment opportunities span a total of 430,808 square feet of properties for sale, with an estimated market value of $4,490,000.

Sale prices for home sites in Milpitas, CA start at $990,000, averaging $2,245,000, and reaching up to $3,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 5
Residential land & home lots 4
Agricultural land / Farmland 3

Demographics Overview

Population 78K
Population Growth (5Y) +1.2%
Median Household Income $176,723
College Educated 42.3%

High-Yield Neighborhoods for Investment

Identify Milpitas submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
95035 $2.2M

Taxes & Financing

Tax Rate (average for all types) 1.19%
Property Tax per SF $9.87 per SF
Tax Rate vs County Average 0.02 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Santa Clara County

New Delisted

Total CRE Inventory on Market (SF)

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