Property Overview:
881 Water Walk is a condominium unit in Milpitas, CA, built in 2000. It features 2 bedrooms, 2 bathrooms, and 1,353 sq. ft. of living space. The home includes a parking garage and heating system. The estimated home value is $917,200.
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%).
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Schools:
Nearby schools include Pearl Zanker Elementary, Calaveras Hills, Rancho Milpitas Middle, and Santa Clara County Court.- Average SAT score: 1015 (531 Math, 484 English)—above state average of 975.
- Also near Mattos Elementary, Rancho Middle, and Milpitas High School (top-rated).
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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 group: 25-34 years (16.33%), followed by 35-44 years (16.32%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake 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:
- Meticulously maintained and beautifully staged.
- Low HOA fee with access to parks, swimming pool, and playground.
- Gourmet kitchen: Granite countertops, stainless steel appliances, ample cabinetry.
- Open-concept second floor: Living, dining, and kitchen areas—ideal for entertaining.
- Third floor:
- Primary suite with walk-in closet and dual vanities.
- Second bedroom with full ensuite bath.
- Ground floor:
- Versatile den opening to a private backyard (perfect for home office, guest room, or flex space).
- Parking: Side-by-side two-car garage with level 2 charging port.
Location Benefits:
- Prime location: Steps from Great Mall, theater, Home Depot, BART, light rail, Trader Joe’s, restaurants, and supermarkets.
- Family-friendly community with top-rated schools.
- Commuter-friendly with easy access to public transportation and major amenities.