Property Overview:
385 Montecito Way is a townhouse-style condo in Milpitas, CA 95035, built in 1992. It features 2 bedrooms, 2.5 bathrooms, 1,165 sq. ft. of living space, and sits on a 557 sq. ft. lot. The home includes a parking garage, central heating & air, and a fireplace. The property last sold for $745,000 in May 2020, with recent estimates ranging from $873,000 to $1,046,000.
Neighborhood Highlights:
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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%).
- Low overall crime risk; 6 criminal and sex offenders within 1 mile.
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Schools:
- Nearby top-rated schools: Curtner Elementary, Marshall Pomeroy Elementary, Thomas Russell Middle, and Milpitas High.
- Average SAT score: 1015 (higher than state average of 975).
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Job Market:
- 62.2% white-collar jobs, 37.8% blue-collar jobs.
- Unemployment rate: 3.4% (lower than state average of 4.7%).
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Demographics:
- Community population: 58,229 (25% growth since 2000).
- 80% families with children.
- Largest age groups: 25-34 years (16.3%), 35-44 years (16.3%).
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Natural Disaster Risk:
- Very high earthquake risk, very low tornado risk, moderate to low flood risk.
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Weather:
- Average temperature: 45.2°F (January), 76.9°F (July).
- Average rainfall: 10.7 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $98,135.
- Average annual spending: $67,221.
Property Features:
- Fully upgraded and move-in ready.
- Bamboo flooring and recessed LED lighting throughout.
- Kitchen: Granite countertops, maple wood cabinets, newer appliances.
- Primary suite: Custom shower with porcelain tiles and tall sliding glass doors.
- Junior suite: Upgraded bathtub and matching porcelain tiles.
- Central heating & air for year-round comfort.
- Community amenities:
- Gated pool
- Children’s play area
- Adjacent to Dixon Landing Park
- Quiet neighborhood with minimal through traffic, perfect for walks.
- 1-car garage and additional parking.
Location Benefits:
- Commuter-friendly: Quick access to 880 freeway via California Circle, but far enough from noise.
- Close to major tech companies, future BART station, library, and Great Mall.
- Nearby shopping & dining: Lion Food Center, Smart & Final, Starbucks, Tea Villa, Subway, Wayback Burgers, Burma House, and more.
- Excellent for families: Great schools, parks, and a safe, vibrant community.