506 Alexander Way is a 1,660 square foot house on a 5,000 square foot lot with 3 bedrooms and 2 bathrooms. - it last sold on April 01, 1994 for $238,000. Based on Redfin's Milpitas data, we estimate the home's value is $1,575,029.
Single-familyProperty Type
1984Year Built
5,000 sq ftLot Size
$949Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$1,575,029
$1.3M since sold in April 1994$3,000 since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 1.4% lower than the average sale price ($1.60M) 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
R1-6
Single-Family Residential Zone
The purpose and intent of this zone is to stabilize and protect the residential characteristics of the District and to promote and encourage a suitable environment for family life. The R1 District is intended for the suburban family home and the services appurtenant thereto.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Housing-Other
Housing-Mobile home park
Planned unit development (pud)
Dec 6, 2021 • Final
Onl sol with panel
Install roof-mounted solar panels on a residential building.
Electrical
Solar
Feb 8, 2006 • Final
Conv_building
Overlay existing wood shake with steel tile on a residential building.
Roofing
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
Heating & Cooling
Air Conditioning Type: Wall Unit
Heating Fuel Type: Gas
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Room Information
# of Rooms: 8
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Raised W/Crawlspace
Building Style Type: L-Shape
Construction Type: Wood
Building Construction Quality: Average
Exterior Wall: Wood
Roof Framing Type: Wood
Property Information
Living Sq. Ft: 1,660
Ground Floor Sq. Ft: 1,468
Building Sq. Ft: 1,660
# of Stories: 1
Legal Description: TRACT 7345 BOOK 519 PAGE 47 PAGE 48 LOT 12
Parking & Garage Information
Garage/Parking Sq. Ft: 437
Lot Information
# of Buildings: 1
Land Sq. Ft: 5,000
Legal Lot Number: 12
Municipality Name: MILPITAS CITY
Acres: 0.1148
Depth Footage: 100
Front Footage: 50
Zoning Code: R1
County Use Description: RESID SINGLE FAMILY
Utility Information
Sewer Type: Public
Water Service Type: Public
Financial
Assessor Information
Assessment Year: 2026
Tax Area: MILPITAS CITY
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,660
Stories: 1.0
Lot Size: 5,000 square feet
Style: Single Family Residential
Year Built: 1984
Year Renovated: 1985
County: Santa Clara County
APN: 02957012
Home facts updated by county records on Aug 21, 2026
Around this home
Schools
K - 12
Preschool & daycare
William Burnett Elementary School
Public K-6 • Assigned • 0.3mi
9/10
Thomas Russell Middle School
Public 7-8 • Assigned • 1.5mi
9/10
Milpitas High School
Public 9-12 • Assigned • 1.4mi
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....