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.
For sale
$6,798,000
3463 Calaveras Rd, Milpitas, CA 95035
3beds
1,700sqft
Farm, Residential
Built in 1970
26.56 Acres Lot
$-- Zestimate®
$3,999/sqft
$-- HOA
What's special
Panoramic viewsDramatic sunsetsQuiet private settingExpansive outdoor living spacesLarge equestrian arenaNatural landscape
- 171 days
- 571
- 16
Zillow last checked:
Listing updated:
Listed by:
Pete Flores 01241633 408-568-5880,
Silicon Valley Residential Brokerage Inc 408-217-5431
Source: MLSListings Inc,MLS#: ML82037210
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bathroom
- Features: ShoweroverTub1
Dining room
- Features: DiningArea
Family room
- Features: SeparateFamilyRoom
Heating
- Wall Furnace
Cooling
- Ceiling Fan(s)
Appliances
- Included: Electric Cooktop
- Laundry: Inside
Features
- Flooring: Carpet
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,700
- Total interior livable area: 1,700 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport
Features
- Stories: 1
- Fencing: Horse Fencing
- Has view: Yes
- View description: Bay, Hills, Mountain(s), Pasture
- Has water view: Yes
- Water view: Bay
Lot
- Size: 26.56 Acres
- Features: Hillside, Level
Details
- Parcel number: 04204054
- Zoning: HS-SR
- Special conditions: Standard
- Horses can be raised: Yes
- Horse amenities: Arena, BarnAmenities, BoardingStable, Fenced, HayStorage, Pasture, RidingTrails, RoundPen, TrailerStorage
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Farm, Residential
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Gas: PropaneOnSite, PublicUtilities
- Water: Spring
- Utilities for property: Propane, Public Utilities
Community & HOA
Location
- Region: Milpitas
Financial & listing details
- Price per square foot: $3,999/sqft
- Tax assessed value: $172,610
- Date on market: 3/23/2026
- Listing agreement: ExclusiveRightToSell
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/23/2026 | Listed for sale | $6,798,000+17.4%$3,999/sqft |
Source:  MLSListings Inc #ML82037210 Report a problem | ||
| 5/31/2023 | Listing removed | -- |
Source:  MLSListings Inc #ML81836232 Report a problem | ||
| 3/27/2021 | Listed for sale | $5,789,000-17.3%$3,405/sqft |
Source: MLSListings Inc #ML81836232 Report a problem | ||
| 1/23/2021 | Listing removed | -- |
Source: MLSListings Inc Report a problem | ||
| 11/4/2020 | Price change | $7,000,000-30%$4,118/sqft |
Source: Silicon Valley Residential Brokerage Inc #ML81767570 Report a problem | ||
| 9/6/2019 | Listed for sale | $10,000,000$5,882/sqft |
Source: Silicon Valley Residential Brokerage Inc #ML81767570 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $172,610 +2% |
| 2025 | $2,343 +11.1% | $169,227 +2% |
| 2024 | $2,108 +0.3% | $165,910 +2% |
| 2023 | $2,102 +0.4% | $162,658 +2% |
| 2022 | $2,094 +1.3% | $159,470 +2% |
| 2021 | $2,066 +1.6% | $156,344 +1% |
| 2020 | $2,033 | $154,742 +2% |
| 2019 | $2,033 +4.8% | $151,709 +2% |
| 2018 | $1,941 | $148,735 +2% |
| 2017 | $1,941 +1.2% | $145,820 +2.6% |
| 2016 | $1,918 +6.5% | $142,076 +2.1% |
| 2015 | $1,801 +4.3% | $139,101 +2.7% |
| 2014 | $1,727 | $135,390 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 95035
Nearby schools
Schools provided by the listing agent
- District: MilpitasUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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