500 Alvarez Common

1,817 Sq. Ft.
$649 / Sq. Ft.
1,817
Sq. Ft.
$649
per Sq. Ft.

Description

Welcome to this North-facing townhome in the gated Terra Serena community, featuring the most sought-after floor plan and access to nearby top-rated schools: Pearl Zanker (10/10), Rancho Middle (9/10), Milpitas High (9/10) & Stratford. This 1,817 sq. ft. home includes 3 bedroom, 2.5 bath and a den/bonus room offering rare privacy & scenic mountain views w/ no neighbors directly in front. The interior is flooded w/ abundant natural light through massive windows and high ceilings, complemented by a...Welcome to this North-facing townhome in the gated Terra Serena community, featuring the most sought-after floor plan and access to nearby top-rated schools: Pearl Zanker (10/10), Rancho Middle (9/10), Milpitas High (9/10) & Stratford. This 1,817 sq. ft. home includes 3 bedroom, 2.5 bath and a den/bonus room offering rare privacy & scenic mountain views w/ no neighbors directly in front. The interior is flooded w/ abundant natural light through massive windows and high ceilings, complemented by a versatile first-floor bonus room perfect for an office/study and a cozy patio. The freshly painted interior features hardwood flooring, ceiling fans and a chefs kitchen anchored by a huge granite island, gas cooktop, oven, SS appliances and RO water filter. For maximum storage, the kitchen includes additional pantry cabinets. The master suite includes a dual-sink vanity, soaking tub, separate walk-in shower, and a walk-in closet with custom shelving. Modern essentials include Nest thermostats, recessed lighting, Central HVAC, washer/dryer & a side-by-side two-car garage. Low HOA fee that includes access to pool, spa, clubhouse & discounted fiber internet. Perfect for commuters and just minutes from 880/237/680 freeway, Milpitas BART, VTA, Great Mall, parks & restaurants.
  1. Listed by Erica Wong • DRE #01866034 • Brokerage DRE #01866034 • 168 Realty • 415-990-1928

Property Details for 500 Alvarez Common

MLS City Name
Milpitas
Building Type
Townhouse
Complex Name
Terra Serena
Garage Spaces
2
Cross Street
Luz Del Sol Loop

Open Houses

Sunday, May 10th2:00 PM - 4:30 PMPublic
LISTING UPDATED: 05/10/2026 12:21 AM

Property Details for 500 Alvarez Common

StatusActive
MLS #ML82039900
Days on Compass23
Taxes-
HOA Fees$424 / month
Condo/Co-op Fees-
Property TypeTownhouse
MLS TypeSingle-Family Homes / Townhouse
Year Built2007
Lot Size0.02 AC / 846 SF
CountySanta Clara County

Location

Listing Courtesy of 168 Realty, Erica Wong, DRE #01866034
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Building Information for 500 Alvarez Common

Stories2Residences-Year Built2007Lot Size0.02 AC / 846 SF

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$7,601 per month

30 year fixed, 6.46% Interest

Principal and Interest

$5,942

Property Taxes

$1,235

HOA Dues

$424

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Property Information for 500 Alvarez Common

Features
External Links
Room Information
  • Additional Rooms: Den / Study / Office
  • Bathroom: Shower and Tub, Primary - Stall Shower(s)
  • Bedrooms: Walk-in Closet
  • Dining Room: Breakfast Nook
  • Family Room: Kitchen / Family Room Combo
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Exhaust Fan, Refrigerator, Oven Range - Built-In, Gas
  • Number of Full Bathrooms: 2
Features
  • Communications: DSL
  • Energy Features: Double Pane Windows
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Laundry: Electricity Hookup (220V), Washer / Dryer
  • Living SqFt: 1817
  • Pool: Yes
  • Pool Type: Community Facility
  • Special Features: None
Utilities
  • Cooling: Central AC, Multi-Zone
  • Heating: Heating - 2+ Zones, Central Forced Air - Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Garage
  • Garage and Parking: Attached Garage, Guest / Visitor Parking
  • Garage Max: 2
  • Garage Min: 2
Property Details
Homeowners Association
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Insurance - Common Area, Insurance - Structure, Landscaping / Gardening, Maintenance - Exterior, Maintenance - Road, Pool, Spa, or Tennis, Recreation Facility, Reserves
  • HOA Exists: 1
  • HOA Fee: $424
  • HOA Fee Frequency: Monthly
  • HOA Name: Terra Serena Owners Association
  • HOA Primary Phone: 408-226-3300
Property Details
  • Exterior: Double Pane Windows
  • Area Text: Milpitas
  • Restrictions: Other
  • Roof: Tile
  • Stories: Two Story
  • Subclass: Townhouse
  • Year Built Source: Assessor
  • Street Number: 500
  • Street Name: Alvarez
  • Street Suffix: Common
  • Area ID: 6
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Structure SqFt: 1817
  • Structure SqFt Source: Assessor
  • Age: 19
Development Information
  • Construction Type: Stucco
  • Ownership Type: Common Interest Development
  • Zoning Detail: PUD
Location Information
  • City Limits: Yes
  • Incorporated: No
  • Parcel Number: 083-18-073
  • County Name: Santa Clara
  • City Name: Milpitas
  • City Postal ID: 35
  • Postal Code: 95035
  • Elementary School: 290
  • Elementary School District: 479
  • Middle School Text: Rancho Milpitas Junior High
  • High School District Text: Milpitas Unified
  • High School Text: Milpitas High
Lot Information
  • Foundation: Concrete Slab
  • Horse Property: No
  • Lot Acres: .02
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Balcony / Patio

Property History for 500 Alvarez Common

DateEvent & SourcePriceAppreciation
Apr 17, 2026

Listed (Active)

MLSListings #ML82039900

$1,180,000
Apr 17, 2026

Listed (Active)

EBRD #ML82039900

$1,180,000
Jan 17, 2021

Sold (Public Record)

Public Record #687941547

$1,135,000

+5.7% / yr

DateEvent & SourcePrice
04/17/2026

Listed (Active)

MLSListings #ML82039900

$1,180,000
04/17/2026

Listed (Active)

EBRD #ML82039900

$1,180,000
01/17/2021

Sold (Public Record)

Public Record #687941547

$1,135,000

+5.7% / yr

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 500 Alvarez Common

Taxable ValueLand$614,279Additions$614,279Total$1,228,558
Tax Record2025$14,817 ($1,235 / month)
Home Facts
Beds3Total Finished SqFt1,817 SqFtAbove Grade Finished SqFt1,817 SqFtStories2Lot Size435 SqFtStyleCondominiumYear Built2007ZoningPUDCountySANTA CLARAAPN083-18-073

Schools near 500 Alvarez Common

This home is within Milpitas Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Pearl Zanker Elementary School
PublicK to 6

Rancho Milpitas Middle School
Public7 to 8

Milpitas High School
Public9 to 12

Calaveras Hills School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

500 Alvarez Common is a townhouse for sale in Milpitas, CA 95035. This property was listed for sale on April 17, 2026 by 168 Realty, it's currently listed at $1,180,000. It has been on the market for a total of 23 days and was last sold on January 17, 2021. This listing's school district is Milpitas Unified School District. Nearby schools include Pearl Zanker Elementary School, Rancho Milpitas Middle School and Milpitas High School. 500 Alvarez Common is a 3-bed, 2-bath, 1,817 sqft townhouse built in 2007.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of 168 Realty, Erica Wong, DRE #01866034

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.