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.
For sale
$6,600,000
1995 Old Calaveras Rd, Milpitas, CA 95035
3beds
1,750sqft
Est.:
Single Family Residence, Residential
Built in 1933
19.72 Acres Lot
$6,051,700 Zestimate®
$3,771/sqft
$-- HOA
What's special
- 86 days |
- 1,388 |
- 18 |
Zillow last checked: 8 hours ago
Listing updated: October 27, 2025 at 07:26am
Listed by:
Joe Velasco 01309200 650-833-8498,
Coldwell Banker Realty 408-355-1500,
Jake Serpa 02213639 408-421-5962,
Coldwell Banker Realty
Source: MLSListings Inc,MLS#: ML82026011
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Dining room
- Features: DiningArea
Family room
- Features: NoFamilyRoom
Heating
- Central Forced Air Gas
Cooling
- Other
Interior area
- Total structure area: 1,750
- Total interior livable area: 1,750 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Detached, Oversized
- Garage spaces: 6
Lot
- Size: 19.72 Acres
Details
- Parcel number: 02930016
- Zoning: HS-D2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1933
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Well
- Utilities for property: Public Utilities
Community & HOA
Location
- Region: Milpitas
Financial & listing details
- Price per square foot: $3,771/sqft
- Tax assessed value: $915,367
- Annual tax amount: $10,849
- Date on market: 10/27/2025
- Listing agreement: ExclusiveRightToSell
Estimated market value
$6,051,700
$5.69M - $6.41M
$4,277/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/27/2025 | Listed for sale | $6,600,000$3,771/sqft |
Source:  MLSListings Inc #ML82026011 Report a problem | ||
| 6/14/2025 | Price change | $6,600,000-17.5%$3,771/sqft |
Source: MLSListings Inc #ML81967988 Report a problem | ||
| 2/14/2025 | Price change | $8,000,000-33.3%$4,571/sqft |
Source: MLSListings Inc #ML81967988 Report a problem | ||
| 1/3/2025 | Listed for sale | $11,990,000$6,851/sqft |
Source: MLSListings Inc #ML81970811 Report a problem | ||
| 10/2/2024 | Price change | $11,990,000+71.3%$6,851/sqft |
Source: MLSListings Inc #ML81967988 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,849 +2.8% | $915,367 +2% |
| 2024 | $10,557 +0.3% | $897,420 +2% |
| 2023 | $10,524 +0.4% | $879,825 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$41,537/mo
Principal & interest
$32682
Property taxes
$6545
Home insurance
$2310
Climate risks
Neighborhood: 95035
Nearby schools
GreatSchools rating
- 7/10William Burnett Elementary SchoolGrades: K-6Distance: 0.4 mi
- 8/10Thomas Russell Middle SchoolGrades: 7-8Distance: 1.5 mi
- 9/10Milpitas High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- 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.
