Property Overview:
298 Gemstone Way is a townhome in Milpitas, CA, built in 1996. It features 4 bedrooms, 3 bathrooms, and 1,522 sq. ft. of living space. The home includes an attached two-car garage, heating system, and a spacious, private backyard. The estimated home value is $1,129,000.
Neighborhood Highlights:
-
Crime Rate:
- Personal crime risk: 8% (lower than state average of 11.8%).
- Property crime risk: 7.9% (lower than state average of 10.8%).
-
Schools:
Nearby schools include Anthony Spangler Elementary, Thomas Russell Middle, and Milpitas High.- Average SAT score: 1015 (higher than state average of 975).
-
Job Market:
- 62.2% white-collar jobs, 37.8% blue-collar jobs.
- Unemployment rate: 3.4% (lower than state average of 4.7%).
-
Demographics:
- Community population: 58,229 (25% growth since 2000).
- 80% families with children.
- Largest age group: 25-34 years (16.33%), followed by 35-44 years (16.32%).
-
Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
-
Weather:
- Average temperature: 45.2°F (January), 76.9°F (July).
- Average rainfall: 10.7 inches/year.
- Average snowfall: 0 inches/year.
-
Cost of Living:
- Median household income: $98,135.
- Average annual spending: $67,221.
Property Features:
- Light-filled and immaculate, with fresh paint and brand new carpeting.
- Two-story layout:
- First floor: Versatile office/4th bedroom with full bath and direct garage access.
- Second floor: 3 bedrooms and 2 bathrooms.
- Primary suite:
- Large walk-in closet
- Luxurious double sink
- Mountain views from the shower
- Quality finishes:
- Crown molding, recessed LED lighting, gas log fireplace
- Refinished hardwood floors
- Granite slab countertops and stainless-steel appliances in kitchen
- Spacious, lush backyard—rare for a townhome, feels like a single-family home.
- Attached two-car garage with direct entry.
Location Benefits:
- Commuter-friendly: Quick access to Highways 880, 680, 237, and BART.
- Shopping & Dining: Close to Great Mall, Ranch 99, New India Bazaar, Marina Grocery, India Metro Hypermarket, Safeway, and diverse restaurants (all within 1.9 miles).
- Family-oriented community with excellent amenities and schools.