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.
Single-familyProperty Type
1933Year Built
19.72 acresLot Size
$3,771Price/Sq.Ft.
6 car garageParking
Listed by Joe Velasco•DRE #01309200• Coldwell Banker Realty
Listed by Jake Serpa•DRE #02213639• Coldwell Banker Realty
The property includes a combination of open, usable terrain and natural hillside areas, along with two onsite structures—one larger, climate-controlled building and a separate single-story dwelling. The site has both garage and surface parking...
spaces, and its elevated setting provides a secluded environment with views of the surrounding landscape. The location offers proximity to major regional employment corridors while maintaining a private, expansive layout uncommon within this part of the valley.
11 months ago• May not reflect the current state of the home
Northeastern Milpitas, located between Interstate 880 and Ed R. Levin County Park, is a residential and hillside Milpitas neighborhood with curving foothill streets and wide-open bay views. The neighborhood’s character concentrates around the Calaveras Blvd and N Milpitas Blvd corridor, where plazas, small eateries, and everyday errands create a steady, on-the-go rhythm. Local pillars include the Milpitas Community Museum, the Milpitas Library, and the Milpitas Community Center for exhibits, reading rooms, and classes. Housing leans toward late-20th-century subdivisions and townhome pockets, with greener edges near the foothills. Trails and picnic areas at Ed R. Levin set an outdoorsy counterpoint to the city grid. Commuter flow tracks along I-880 and the nearby BART station, keeping the area connected without changing its suburban cadence.
Provided by Walk Score and Local Logic
Market insights
1995 Old Calaveras Rd · $6,600,000
DAYS ON MARKET
371 days
The average home goes pending in 15 days.
SALE-TO-LIST
103.3%
Most homes are selling 3% above list price.
LIST PRICE
$6,600,000
Median sale price in this area is $1,868,636. (72% lower than this home)
PRICE DROP
0 price drops
18% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Dining area
No family room
Bathrooms
2 full bathrooms
Heating & cooling
Central forced-air heating (gas)
Exterior features
Well water
Home design
Single-family property
1,750 sq. ft. building area
Parking
Detached garage with room for an oversized vehicle
6 garage spaces
Construction
Composition roof
Concrete perimeter foundation
Built in 6
Utilities
Public sewer
Public gas and other public utilities
Well water
Electricity and solar
View estimated energy costs and solar savings for this home
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML82026011
Jun 1, 2026
Pending
—
Jun 1, 2026
Contingent
—
Oct 27, 2025
Listed
$6,600,000
$3,771/sq ft
+48
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.
MLSListings #ML81967988
Sep 1, 2025
Listing Removed
—
Jun 14, 2025
Price Changed
$6,600,000
$3,771/sq ft
Feb 14, 2025
Price Changed
$8,000,000
$4,571/sq ft
Jan 1, 2025
Listing Removed
—
Oct 2, 2024
Price Changed
$11,990,000
$6,851/sq ft
Jun 23, 2024
Listed
$6,999,888
$4,000/sq ft
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML81919373
Jun 15, 2025
Listing Removed
—
Dec 21, 2023
Price Changed
$9,000,000
$5,143/sq ft
Dec 21, 2023
Listing Removed
—
Dec 19, 2023
Price Changed
$4,900,000
$2,800/sq ft
Feb 21, 2023
Price Changed
$11,990,000
$6,851/sq ft
Feb 20, 2023
Listed
$11,999,000
$6,857/sq ft
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML81911879
Jun 15, 2025
Listing Removed
—
Dec 21, 2023
Price Changed
$9,000,000
$5,143/sq ft
Dec 21, 2023
Listing Removed
—
Dec 19, 2023
Price Changed
$4,900,000
$2,800/sq ft
Feb 20, 2023
Listed
$11,990,000
$6,851/sq ft
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML80953283
May 1, 2025
Listing Removed
—
MLSListings #ML81880188
Jun 29, 2022
Listing Removed
—
Feb 28, 2022
Listed
$12,000,000
$6,857/sq ft
MLSListings #ML81880186
Jun 29, 2022
Listing Removed
—
Feb 28, 2022
Listed
$12,000,000
$6,857/sq ft
MLSListings #ML81819721
Apr 15, 2021
Listing Removed
—
Nov 10, 2020
Listed
$12,000,000
$6,857/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Permits
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
—
Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
—
Style
Single Family Residential
County
Santa Clara County
APN
—
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Apr 11, 2023.
Jun 9, 2026 • Final
Development permit request (building, grading, and drainage permit)
New construction
Feb 18, 2025 • Final
Construction
Convert an existing agricultural exempt storage building with a concrete slab into a garage to abate a violation.
Demolition
Grading
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
5/10 Heat Factor
8 days above 92° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
14 unhealthy days expected this year, 16 days in 30 years
Provided by First Street
Historical weather
Milpitas, CA • 95035
Average low and high temperatures (°F)
63
44
64
47
70
49
70
50
74
53
78
55
80
58
83
60
81
62
73
55
66
50
62
47
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 30% for direct sun exposure in Milpitas. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.5 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1995 Old Calaveras Rd
$6,102,006
$498K under list price of $6.60M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.4M to $2.7M.