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ActiveSingle Family

$1,897,100

1943 Everglades Dr, Milpitas 95035

Beds4
Baths3
Sqft1,884
DOM5
No Photos Available

AddressIntel AI Briefing

The optimal play is stealth density: primary + ADU + JADU, taking advantage of the generous lot size to add separate living quarters. The main house provides a highly functional baseline that requires only minor interior updates to match local standards. This strategy delivers dual income potential in a highly stable neighborhood block.

Property Permit History

No permit history found directly associated with this property's address.

Recent Neighborhood Remodeling (Milpitas)

Parcel & Zoning Info

APN08826019
Official Lot Sqft5,663
Zoning Code--
SB 9 StatusLikely · up to 4 units
Unlock Pathways
Ministerial ADU Ministerial SB 9 Density Bonus
Entitlement RiskLow (0/100)

ADU Potential

Feasibility Score85/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage33.3%

Standard lot · Corner lot · ~81 ft frontage × 111 ft deep, typical proportions for a detached ADU behind or beside the home. A second street frontage lets an ADU take its own entrance and address.

Screening heuristic based on lot size, existing coverage, lot orientation, and hazard overlays. CA ADU law is ministerial statewide; verify max size, setbacks, and JADU owner-occupancy with the local planning dept.

Redevelopment Potential

Redevelopment Score15/100
ClassBuilt out
FAR Utilization83% of allowed
Buildable Headroom+381 sqft

Existing home already uses most of the allowable floor area, little expansion headroom. Zoning allows roughly 2,265 sqft of gross floor area on this lot.

Screening estimate comparing existing living area to the city's single-family floor-area limit. City sets no explicit FAR (or is not individually curated); allowable area is a conservative estimate. Source: conservative default (0.40 FAR — city not individually curated) (as of 2026-06-30). Verify FAR, coverage, setbacks, and height with the local planning dept.

Hazard Snapshot

Flood Zone

D
Special flood hazard area; insurance may be required.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

No
Not in a mapped liquefaction zone.

Fault Zone

No
Not in a mapped Alquist-Priolo fault zone.

Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities. Liquefaction and fault flags: modified from California Geological Survey, Web Service of Official Maps of Alquist-Priolo Earthquake Fault Zones and Web Service of Official Maps of Seismic Hazard Zones (2025).

Nearby Public Schools

Elementary School

John Sinnott Elementary

Milpitas Unified

0.3 miles away
Middle School

Rancho Milpitas Middle

Milpitas Unified

0.3 miles away
High School

Calaveras Hills

Milpitas Unified

1.0 miles away

School boundaries are subject to change. Nearest school distance does not guarantee enrollment eligibility. Check with the local district. Data provided by CDE.

Proprietary Intelligence

Market Heat Index

89/100

Based on recent sales velocity and local demand in 95035.

Flippability Score

60/100

Measures neighborhood renovation density vs. recent permits on this property.

Bidding War Prob.

1%

Likelihood of multiple offers based on local list-to-sale ratios and DOM.

Proforma ROI Calculator

Back-of-the-napkin deal analysis across development strategies.

We don't hold this jurisdiction's floor-area rule, so the default builds to roughly 2,265 sqft from a conservative 0.40 FAR approximation, a starting point and not a zoning answer. Check the local code before you rely on it.

Median of 12 recent single-family sales in Milpitas (95035): $969/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 2,300 sqft build, because smaller houses sell for more per foot and pricing a rebuild off them overstates resale.

Commission, transfer tax and closing. Deducted from resale before profit, so the ROI below is net of the exit rather than gross.

Interest on the purchase price for the whole project plus half the build budget, since construction draws ramp up. The default is 7% over 33 months, the median purchase-to-sale time of 239 real Peninsula and South Bay rebuilds. Set the rate to 0 for a cash purchase, or use your own lender's terms.

Hard Costs$1,265,000
New Build2,300 sqft
Total Capital Required$3,337,100
Estimated Resale (ARV)$2,339,100
Cost of Sale (5%)-$116,955
Carry (33mo @ 7%)-$503,792
Net Proceeds$1,718,353

Projected Profit

-$1,618,747
-48.5% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Milpitas 95035)

Sized to the modelled 2,300 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

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