374 Montecito Way is a 1,375 square foot condo with 3 bedrooms and 3 bathrooms. - it last sold on August 27, 1992 for $216,500. Based on Redfin's Milpitas data, we estimate the home's value is $987,485.
CondoProperty Type
1992Year Built
$718Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$987,485
$771K since sold in August 1992$21K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 12.4% lower than the average sale price ($1.13M) of 6 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
R3
Multi-Family High Density Residential Zone
The purpose and intent of this zone is to stabilize and protect the residential characteristics of the District and to promote, insofar as compatible with the intensity of land use, a suitable environment for family life.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Multiple units
Housing-Other
Planned unit development (pud)
Jul 27, 2025 • Final
Onl ac
Replace a condenser and indoor coil in the left side yard.
HVAC
Mar 30, 1999 • Final
Conv_building
Replace the water heater.
Plumbing
Water heater
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.
Property details
Interior
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: L-Shape
Construction Type: Wood
Building Construction Quality: Average
Roof Framing Type: Wood
Property Information
Living Sq. Ft: 1,375
Ground Floor Sq. Ft: 609
Building Sq. Ft: 1,375
# of Stories: 3
Legal Description: TRACT 8461 LOT 136
Parking & Garage Information
Garage/Parking Sq. Ft: 475
Lot Information
# of Buildings: 1
Legal Lot Number: 136
Municipality Name: MILPITAS CITY
Zoning Code: R1
County Use Description: CONDO/TOWNHOUSE
Financial
Assessor Information
Assessment Year: 2026
Tax Area: MILPITAS CITY
Public facts
Beds: 3
Baths: 3.0
Sq. Ft.: 1,375
Stories: 3.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1992
Year Renovated: 1992
County: Santa Clara County
APN: 02251013
Home facts updated by county records on Aug 21, 2026
Around this home
Schools
Marshall Pomeroy Elementary School
Public K-6 • Assigned • 0.8mi
9/10
Thomas Russell Middle School
Public 7-8 • Assigned • 0.9mi
9/10
Milpitas High School
Public 9-12 • Assigned • 0.7mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
Milpitas’s housing market is cooling, with median sale prices down 9.4% year over year to $1.29 million. Buyers may find more negotiating opportunities as inventory rises, while sellers should price competitively and prepare their homes well for...
Milpitas' fall market offers balanced opportunities. Median prices sit near $1.3M with homes averaging 18 days on market. While move-in-ready properties still spark quick bidding wars, you'll find breathing room to negotiate on homes needing updates....