$1,198,888 242 Fairmeadow WAY, Milpitas 3 bd · 3 ba · 1,427 sqft
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HomeHomes for SaleMilpitas › 242 Fairmeadow WAY
39 photos · MLS data verified July 19, 2026 · Updated every 15 min
$1,198,888 Pending
3 Beds·3 Baths·1,427 sqft·2,063 sqft lot·Built 1994
242 Fairmeadow WAY, Milpitas, CA 95035
Listed 16 days ago · July 3, 2026  |  MLS# ML82053054
$840/sqft -2% vs Milpitas avg
What this means: Priced below the Milpitas per-sqft average. Compare to recent sales below for context.
Est. $8,043/moP&I $6,221 · Tax $1,249 · Insurance $262 · HOA $311Assumes 20% down ($239,778) at 6.75% · Contact Timothy for a lender referralAegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
Townhome Price Position in Milpitas
Average $1.2M
This Home $1.2M
$921K$1.4M
70Active in Milpitas
63Active in 95035
21Avg DOM
$858Avg $/SqFt
102.4%Sale-to-List
2.3 moInventory
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Why This Home Stands Out

📍
Milpitas Location
Active listing in Milpitas, Santa Clara County. Convenient access to schools, parks, and Bay Area employment centers.
🏠
3 Bed / 3 Bath / 1,427 sqft on 2,063 sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
💰
Listed at $1.2M vs City Average $1.4M
$840/sqft compared to Milpitas avg $858/sqft (-2.1%).
Best fit forActive BuyersMilpitas SearchersMove-Up / Move-In

About This Home

New listing! Traditional no overlap townhouse in desirable Beresford community! Walking distance to Excellent and Top Rated Milpitas Schools (Curtner 10 of 10, Russell ( 9 of 10) and Milpitas (9 of 10). Welcome to this desirable two story townhouse 3 bedrooms , 2.5 full baths with a good size private backyard. Upon entry, you're greeted by a bright living room with soaring ceilings, large windows, and a cozy fireplace. Stunning floors on the main level . The gourmet private kitchen features quartz countertops w/ gas stove, stainless steel appliances, and ample white cabinetry. Supersize primary suite boasts a spacious bedroom with large windows and an en-suite with double vanity and ample closet space. Guest updated bathroom has double vanities. The power room is perfect for guests. Attached side by side 2 car garage with ample storage space. Enjoy the community pool and close proximity to dining, grocery (Safeway, Maria supermarket, 99 Ranch), and shopping (Great Mall). Milpitas BART and with easy access to Highways 237, 680, and 880, plus a short commute to major tech companies. Won't last long.
MLSListings IDX
MLS ID #ML82053054, Erica Wong. Listing provided by 168 Realty · MLSListings Inc.
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Property Details

Property Type
Townhouse
Year Built
1994
Bedrooms
3
Bathrooms
2 Full, 1 Half
Living Area
1,427 sqft
Lot Size
2,063 sqft
Garage
2 Spaces
Price/sqft
$840
County
SantaClara
MLS Number
ML82053054
Status
Pending
Stories
N/A
HOA
$311/mo

Interior Features

CentralForcedAir

Exterior & Lot

Tile Roof2-Car Garage0.05 AcresPool

Location

This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold
242 Fairmeadow WAY, Milpitas, CA 95035 · SantaClara County

Market Context

Price Positioning
$ Price context: Listed at $840/sqft vs Milpitas avg $858/sqft (2.1% below).
$ Sale-to-list: Milpitas homes selling at 102.4% of asking.
Velocity: City avg 21 days. This home: 16 days.
🏠 Inventory: 28 3-bedroom homes currently available in Milpitas.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
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Timothy Alston
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Market Snapshot

$1,378,813Average Price-8.3% vs Last Year
21Avg DOM+5.0 days vs Last Year
70Active Listings+52.2% vs Last Year
102.4%Sale-to-List-0.4% vs Last Year
Full Market Snapshot →
Timothy Alston
Timothy Alston
Broker · DRE# 01328224
Aegis Luxury Real Estate
(408) 207-4593[email protected]
For Homeowners

What would your Milpitas home sell for today?

Homes in Milpitas are selling at 102.4% of asking in 21 days.

102.4%Sale-to-List
21Avg Days
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Schools in Milpitas

Aegis School Excellence Index

10

John Sinnott Elementary

Milpitas Unified SD · K-6

9

Rancho Milpitas Middle

Milpitas Unified SD · 7-8

9

Milpitas High School

Milpitas Unified SD · 9-12

School information is for general reference only. Contact districts directly for enrollment and boundary info.

More in Milpitas

62 Washington Square DR$859,0002bd/2.5ba/1,238sf
722 Garden ST$950,0002bd/2ba/1,207sf
1357 Lilac WAY$1,218,9993bd/3ba/1,762sf
View All Listings →

Buyers and sellers researching Milpitas in Milpitas will find 242 Fairmeadow WAY to be a strong reference point. Pending sale at $1,198,888, this 3-bed, 3-bath home sits in a market where comparable properties average $858 per square foot. Homes in Milpitas (95035) are currently averaging 21 days on market.

3-Bedroom Homes for Sale in Milpitas 95035

Browse 3-bedroom townhouse listings in the Milpitas area of Milpitas. Properties in 95035 are currently averaging $858 per square foot with 21 days on market.

What to Expect When Buying in Milpitas

The Milpitas market in Milpitas features a mix of townhouse properties ranging from starter homes to luxury estates. Current inventory levels suggest active conditions for buyers in this area.

Recently Sold in Milpitas

Closed within 6 months · 3 bed / similar sqft · Milpitas 95035

1502 Coffee Berry LN
Sold $1,288,500
3 bd · 3.5 ba · 1,687 sqft
$763/sqft · 0.9% below list
Closed Jul 17, 2026 · 35 days on market
MLSListings IDXMLS ID #ML82046781, Rajiv Kohli. Listing provided by Intero Real Estate Services · MLSListings Inc.
170 S Gadsden DR
Sold $1,350,000
3 bd · 2 ba · 1,000 sqft
$1,350/sqft · +3.9% above list
Closed Jul 17, 2026 · 12 days on market
MLSListings IDXMLS ID #ML82050164, Dave Xu. Listing provided by Goodview Financial & Real Estate · MLSListings Inc.
1825 Blue Spruce CT
Sold $1,460,000
3 bd · 2 ba · 1,430 sqft
$1,020/sqft · +4.4% above list
Closed Jul 15, 2026 · 13 days on market
MLSListings IDXMLS ID #ML82049899, Kathleen Tanabe Kelley. Listing provided by Coldwell Banker Realty · MLSListings Inc.
Source: MLSListings Inc. Closed sales data.
For Homeowners

Your neighbors are selling. Should you?

In June 2026, 31 homes sold in Milpitas at an average of $1,366,732. The average sale closed at 102.4% of asking price.

31Sold (June 2026)
$1,366,732Average Sale Price
102.4%Sale-to-List
Timothy
What happens when the right home lists and nobody knows you are looking for it?
In Milpitas, Data pending new listings hit the MLS this week. By the time most search sites update, the window has already narrowed.
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Nearby Milpitas Homes for Sale View All 63 →

Similar 3-Bedroom Homes in Milpitas View All 28 →

3 bed · $899K-$1.5M · Active in Milpitas

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Milpitas Market Overview Full Stats →

$1,366,732Avg Sale Price-8.3% vs Last Year
21Avg DOM+5.0% vs Last Year
70Active Listings
102.4%Sale-to-List
$858Price/sqft
2.3Months Inventory
31Closed (Last Mo)
Data pendingNew Listings/Mo
Source: MLSListings Inc. · July 2026

Latest Milpitas Insights More →

Frequently Asked Questions

Listed at $1,198,888 ($840/sqft). Milpitas avg is $858/sqft, placing this 2.1% below. Comparable recent sales help frame the value.
Listed 16 days (as of July 3, 2026). Milpitas average is 21 days.
Est. $8,043/mo with 20% down ($239,778) at 6.75%. Includes principal & interest ($6,221), property tax ($1,249), and insurance ($262). HOA: $311/mo. Aegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
There are 70 active listings in Milpitas (28 are 3-bedroom). At $1,198,888 this is positioned against the city average of $1,378,813. Similar homes have sold at 102.4% of asking.
3-bedroom homes in Milpitas (95035) are currently averaging $858 per square foot. Market activity shows homes spending an average of 21 days on market in this area.
242 Fairmeadow WAY in Milpitas is currently listed at $1,198,888. This 3-bedroom, 3-bathroom townhouse is located in the Milpitas area.

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MLSListings IDX

Property Information © 2026 MLSListings Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than Aegis Luxury Real Estate are marked with the Internet Data Exchange icon (a stylized house) and detailed information about them includes the names of the listing brokers and listing agents.

Based on information from the MLSListings MLS as of Jul 19, 2026 4:00 PM PT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

These statistics are generated using information from the MLSListings Inc. multiple listing service, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.

Data updated every 15 minutes. Visit www.MLSListings.com for more information.

Information provided is for general informational purposes only. Equal Housing Opportunity. If you are currently working with a real estate agent, this is not intended as a solicitation.

Timothy Alston, Broker, DRE# 01328224, Aegis Luxury Real Estate, 10080 N. Wolfe Rd Ste SW3-200, Cupertino CA 95014. (408) 207-4593.

Last updated: Jul 19, 2026 4:00 PM PT | Source: MLSListings Inc.

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