Rare development opportunity in the heart of Silicon Valley. This strategically located parcel in Milpitas is zoned NCMU-3 (Neighborhood Commercial Mixed-Use), offering exceptional flexibility for a variety of potential uses (buyer to verify with the City of Milpitas). Possible development options include residential projects such as townhomes, condominiums, apartments, or multi-family housing, as well as commercial retail, office, or mixed-use configurations with ground-floor commercial and residential units above. Ideally situated near major transportation corridors including I-880, I-680, and Highway 237, and with convenient access to BART and VTA transit, the property benefits from strong regional connectivity. The surrounding area is supported by a robust local economy, proximity to major Silicon Valley employers, and continued growth and investment. With strong housing demand and long-term appreciation potential, this property presents a compelling opportunity for developers, investors, and builders seeking a well-located site in a high demand market. ( confirm with city)
Spectacular 26.5-Acre Estate Site with Panoramic Views and Boundless Possibilities: Breathtaking, unobstructed 360-degree views from rolling Spring Valley hills to Silicon Valley city lights. This rare parcel is minutes from Milpitas, offering exceptional privacy with convenient access to major tech hubs, dining, and regional amenities. An on-site natural spring provides a unique water feature and potential sustainable design element. Property highlights include expansive outdoor living spaces, a large equestrian arena, and ample room for recreation, vineyards, or wellness amenities; proximity to Calaveras Reservoir, golf courses, and the Bay Areas vibrant energy, and flexible development potential to accommodate a private compound, multiple residences, guest quarters, or executive estate concepts. Investment and lifestyle benefits feature a large-format parcel in a premier Silicon Valley vicinity with long-term value and legacy opportunities, dramatic sunsets, and a natural landscape with significant architectural expression potential, all in a quiet, private setting with easy access to major transport corridors, tech employers, and regional services.
Build your dream home on this exceptional 2 acre parcel located in one of Milpitas' most sought-after gated communities. Rarely available, this expansive lot offer privacy, exclusivity, and breathtaking surroundings- an ideal canvas for a luxury custom residence. The property comes with thoughtfully designed architectural plans for an approximately 6,000 sq ft custom home plus a 1,000 sq ft ADU, offering a seamless blend of sophistication and functionality. Whether you move forward with the existing plans or bring your own vision, this premium homesite provides the space and setting to create a truly remarkable estate. Close to Ed Levin park, trail and golf course. Community has state water loan of $355 per month per owner until 2030. Buyer to verify. Permit to put a Septic on site.
An incredible opportunity to acquire approximately 336 acres of county land immediately adjacent to Silicon Valley. The property includes the original ranch house, fishing pond, meadows, views of the bay, and is in a private setting immediately adjacent to Ed Levin County Park. Additionally, the property enjoys income from an existing quarry operation that the new owner can chose to continue or not. The property consists of multiple parcels(3) and also includes parcels 029-01-002 and 029-01-004. Multiple uses for the property, private estate, future development, ongoing quarry operations. Quarry has approved reclamation plan that is bonded should new owner desire not to continue with the quarry lease.
An incredible opportunity to acquire approximately 336 acres of county land immediately adjacent to Silicon Valley. The property includes the original ranch house, fishing pond, meadows, views of the bay, and is in a private setting immediately adjacent to Ed Levin County Park. Additionally, the property enjoys income from an existing quarry operation that the new owner can chose to continue or not. The property consists of multiple parcels(3) and also includes parcels 029-01-002 and 029-01-004. Multiple uses for the property, private estate, future development, ongoing quarry operations. Quarry has approved reclamation plan that is bonded should new owner desire not to continue with the quarry lease.
AS PER THE AI - 27 S MAIN STREET, MILPITAS 95035 - WITH THE ARRIVAL COURT / DROP-OFF ON S MAIN, RETAINING WALLS TERRACING THE PODIUM, POOL AND OUTDOOR LIVING DECKS IN THE CENTER, AND RETAIL AT THE STREET. HOW MANY UNITS CAN BE BUILT: LOT IS 14,720 SQ FT, 0.34 ACRES, ZONING: MXD - MIXED-USE / DOWNTOWN SPECIFIC PLAN, CURRENT ENTITLED CONCEPT ON FILE: 48 COMBINATION OF ONE, TWO AND THREE BEDROOM CONDO UNITS AND 1062 SQ FT COMMERCIAL + UNDERGROUND GARAGE. ALSO MARKETED AS PROPOSED CONSTRUCTION OF 7-STORY, 48 CONDO UNITS. IN MILPITAS METRO / GATEWAY-MAIN STREET SPECIFIC PLAN, THE CITY IS SUPPORTING HIGHER RESIDENTIAL DENSITIES AND BUILDING HEIGHTS NEAR TRANSIT, SO WITH DENSITY BONUS / AFFORDABLE OVERLAY, 48 UNITS IS THE BASE APPROVED CONCEPT, UP TO 50-60 UNITS POSSIBLE IF YOU MAX OUT STATE DENSITY BONUS ON THIS 0.34AC MXD SITE..
Permitted use: warehouse, distribution, public utility, vehicle repair, services, sales and leasing, industrial research and development use, vehicle storage; recycle facilities; caretaker's residence Conditional use permit for large format retail, vehicle service station, gas station, energy/hy station. car dealers, vehicle fleet-based service, MCS to Auto Broker, custom and artisan manufacturing; parcel hub Prime Location: Located in the heart of Silicon Valley and within Milpitas Midtown Specific Plan (high priority) Highly Desirable Neighborhood: Next to Milpitas main Library and Valley Medical Center POSSIBLE RE-ZONE back to R3B(1.5years leadtime): MAX 9 units(could be more than 10 units if low-income housing), 3-story, 4435 SF per story (per old plan): Multiple Development Options: Max. ~10,000+ SF Possible professional clinic office, retails, showroom, restaurants or OEM/branch/sales office and 2nd and 3rd floor are perfect for big family or 3 individual condos. Convenient Access: Just minutes away from downtown, FWY 880/237/680 Amenities Galore: Very convenient location: ~2 miles to Great Mall, Milpitas Transit Center, Traders Joe, Safeway, Smart & Final, Ranch 99, restaurants, Walmart, schools, trails, and parks

Milpitas is located in California. Milpitas, California has a population of 79,593. Milpitas is more family-centric than the surrounding county with 40.55% of the households containing married families with children. The county average for households married with children is 38.78%.
The median household income in Milpitas, California is $149,312. The median household income for the surrounding county is $140,258 compared to the national median of $69,021. The median age of people living in Milpitas is 35.8 years.
The average high temperature in July is 80.3 degrees, with an average low temperature in January of 42.3 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.