172 Rainbow Pl, Milpitas, CA 95035
Property image
Property image
OFF MARKET

172 Rainbow Pl
Milpitas, CA 95035

  • 4 Beds
  • 3.5 Baths
  • 1,400 sqft

$1,139,200

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $6,935/mo*
Refinance Your Home

$1,139,200

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $6,935/mo*
Refinance Your Home
4 Beds
3.5 Baths
1,400 sqft

Home Value

Trulia Estimate
$1.14M
Since last month
Increased$53K (+4.8%)
Since last year
Decreased$50K (-4.2%)
Since last sale
Increased$731K (+172.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +44% in the last 10 years
MonthEstimated value
2026
August 2026$1.15M
July 2026$1.1M
June 2026$1.18M
May 2026$1.22M
April 2026$1.16M
March 2026$1.2M
February 2026$1.24M
January 2026$1.13M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
882 Inspiration Pl, Milpitas, CA
0.02
Townhouse
$1,000,000
08/22/25
3
4
1,404
815 Towne Dr, Milpitas, CA
0.07
Townhouse
$1,160,000
06/29/26
3
3.5
1,404
845 Fire Walk, Milpitas, CA
0.11
Townhouse
$1,070,000
04/21/26
3
2.5
1,353
885 Spirit Walk, Milpitas, CA
0.09
Townhouse
$1,180,000
03/11/26
3
2.5
1,353
59 Wind Song, Milpitas, CA
0.18
Townhouse
$1,080,000
04/08/26
3
3.5
1,534
39 Cloud Walk, Milpitas, CA
0.21
Townhouse
$1,060,000
05/08/26
3
3
1,353
969 Mente Linda Loop, Milpitas, CA
0.47
Townhouse
$1,160,000
03/12/26
3
2.5
1,810
745 Mente Linda Loop, Milpitas, CA
0.49
Townhouse
$1,167,000
01/30/26
3
2.5
1,810
1158 Mente Linda Loop, Milpitas, CA
0.51
Townhouse
$1,120,000
08/07/26
3
2.5
1,817
629 Barcelona Loop, Milpitas, CA
0.56
Townhouse
$1,090,000
09/02/25
3
3
1,643

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
895 Inspiration Pl, Milpitas, CA 95035
0.04
$1,200,000
4
3
1,764
Recently Sold
882 Inspiration Pl, Milpitas, CA 95035
0.02
$976,200
3
3
1,404
Off Market
898 Revelation Pl, Milpitas, CA 95035
0.03
$1,038,000
3
3.5
1,404
For Sale
112 Serenity Pl, Milpitas, CA 95035
0.05
$1,139,300
3
3.5
1,534
Off Market
839 Harmony Pl, Milpitas, CA 95035
0.02
$1,245,000
4
3.5
1,764
Recently Sold
827 Harmony Pl, Milpitas, CA 95035
0.03
$1,133,900
3
3.5
1,404
Off Market
837 Heavenly Pl, Milpitas, CA 95035
0.03
$1,283,900
4
3.5
1,764
Off Market
105 Serenity Pl, Milpitas, CA 95035
0.07
$783,200
2
2
1,012
Off Market
831 Heavenly Pl, Milpitas, CA 95035
0.03
$1,099,888
3
3
1,404
For Sale
885 Spirit Walk, Milpitas, CA 95035
0.09
$1,180,000
3
2.5
1,353
Recently Sold
223 Metropolitan Dr, Milpitas, CA 95035
0.04
$1,298,000
4
3.5
1,764
Off Market
222 Rainbow Pl, Milpitas, CA 95035
0.04
$1,291,500
4
3.5
1,764
Off Market

Local Information

  • Map ViewExplore the area around 172 Rainbow Pl.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Townhouse
Living Area
1,400 sqft
Price/Sqft
$814
Parking
Attached Garage

About this House

4 Bedrooms
3.5 Baths
1450 Square feet of Living space
Washer & Dryer in unit
Fireplace in Living room
Cathedral Ceilings
2 car garage
Private patio
Fresh paint
Lots of lights in kitchen
Kitchen includes, fridge, dishwasher, oven/stove
Blinds throughout
Central AC
Parc Metropolitan Property amenities: Pool and club house, park with playground
Close to the community swimming pool, walking distance to the Great Mall/VTA Light Rail Station/Transit Center.
Excellent for commuters

This is only room rental. Owner pays for trash/Tenants pay for their own share of the utilities
172 Rainbow Pl, Milpitas, CA 95035 is a 4 bedroom, 4 bathroom, 1,400 sqft townhouse. It last sold for $423,000 on Jan 26, 2001 (21,050% above the $2,000 asking price). More recently, it was listed as a rental in November 2025 with an asking price of $2,000 per month. That rental listing was removed on November 20, 2025. It is currently off market. The Trulia Estimate is $1,139,200, with a rent estimate of $4,366/month.

Home Details for 172 Rainbow Pl

Property Information

Property Type / Style
Property Type: Townhouse

Rental Terms, Policies & Fees

Lease Term: 1 Year

Interior Features

Appliances & Utilities
DryerWasher
Heating & Cooling
Air ConditioningCooling System: Central Air
Room & Shared Space
Room is not furnished

Exterior Features

Pool
Pool
Parking & Garage
Parking: Attached, On Site

Additional Information

Pool

Price and Tax history

DateEventPrice
Nov 20, 2025
Source: Zillow Rentals
ListingRemoved
$2,000
Nov 7, 2025
Source: Zillow Rentals
Listed For Rent
$2,000
Apr 8, 2014
Source: Agent Provided
ListingRemoved
$2,600
Mar 3, 2014
Source: Agent Provided
PriceChange
$2,600
Price decreased by 7%
Feb 5, 2014
Source: Agent Provided
Listed For Rent
$2,800

Market trends in Milpitas

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.29M
$1.67KMoM
Sale-to-List Price
100.9%
0.6%MoM
Price per sq ft
$783
$10MoM
Available listings
106
6MoM
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Around this home

What Locals Say about Milpitas

At least 438 Trulia users voted on each feature.

  • 89 % Say there are sidewalks

  • 79 % Say it's dog friendly

  • 75 % Say car is needed

  • 66 % Say it's quiet

  • 65 % Say streets are well-lit

  • 63 % Say there's holiday spirit

  • 62 % Say it's walkable to restaurants

  • 62 % Say yards are well-kept

  • 62 % Say people would walk alone at night

  • 59 % Say parking is easy

  • 58 % Say it's walkable to grocery stores

  • 56 % Say kids play outside

  • 55 % Say they plan to stay for at least 5 years

  • 38 % Say neighbors are friendly

  • 29 % Say there's wildlife

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Most home welcome the dogs."
    0
    Flag
  • R5mhqr6vqr
    "There are some nearby, transits, buses, and trains both going to within the Santa Clara County and there is a Bart transit center nearby that can go all the way to San Francisco Tracy, and all of that"
    0
    Flag
  • R5mhqr6vqr
    "We live here for more than 2 decades now & my occasional complaint is some loud parties until 3am in our neighbors but it only happens around few times so not really a big deal."
    0
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  • James Bartman
    "There are 7 stop lights in the 2 miles I drive to work. So it’s only a 5-10minute commute, but a lot of stop and go."
    0
    Flag
  • James Bartman
    "I drive about 5-10 minutes to work on Monday, Tuesday, and Thursday. Traffic is heavy during rush hour, but not as bad as it is on the highways."
    0
    Flag
  • Abdulrahman aboobacker
    " I live in Milpitas around ten years and I like this city to stay more comfortable quiet places "
    0
    Flag
  • Cynthia V.
    "It is a quiet, safe and very kids friendly community. Close to everything, restaurants, stores and highway 237. Close to coyote creek trail "
    3
    Flag
  • Samantha
    "Most neighborhoods in Milpitas are safe and kid-friendly, while the schools are top-notch. There are lush parks here and Milpitas Sports Center provides many amenities. Good childcare is available too."
    0
    Flag
  • Sumsin
    "I've lived in Milpitas for ten years and it's rapidly transforming. The schools are top tier in the newer residential neighborhoods and there's a nice urban+suburban feel to the area. Trader Joe's , Great Mall, and many parks are close by and it's very safe. Only Main Street remains an eyesore."
    0
    Flag
  • Marci M
    "It’s decent taking the 880 fwy but it can get congested. I have even taken the streets some days to and/or from work. With traffic it is about a 25-30 minute commute. Without traffic it is less than 15 minutes."
    6
    Flag
  • Ama1001
    "It’s a nice and quiet neighbourhood. I feel it is safe for children and families. Close to major highways and shopping areas."
    4
    Flag
  • Vasanth K.
    "There is park close by and lot of kids to make friends while playing outdoors . Beware of car breaking by the parks"
    2
    Flag
  • Ama1001
    "My neighbourhood is quiet and safe. It’s a nice place to raise your kids. It is not noisy and it has nice parks. Walking and biking is safe."
    3
    Flag
  • Snvssaikumar
    "Vibrant and modern community. Residential and downtown features are together. Great public transport. VTA, Bart. Great public parking options. Variety of restaurants. Connections to freeways "
    2
    Flag
  • Xavier M. .
    "Milpitas is one of the safest cities in the Bay Area. It's a very diverse community. The schools are good. "
    2
    Flag
  • Nikhil B.
    "There are a lot of dog owners in this area to hang out with. There are also several dog-friendly parks to walk pets. "
    2
    Flag
  • Ashish J.
    "All holidays from Jan till dec including multi culture events and great food around ......................................"
    0
    Flag
  • Yamini P.
    "There are many townhouses which makes a community feeling safe and friendly. There are well maintained parks and people are cordial with others. "
    2
    Flag
  • Engel.cabacungan
    "Great place to rise a family, lots of parks and recreation. Close to everything like malls and restaurants "
    1
    Flag
  • Jessie
    "absolutely nothing. its filling with drug dealers and gang members. there has been two driveby shootings in 2018 alone. there are homeless that sleep in the parks near the schools. we are ready to move away"
    4
    Flag
  • Ramki K.
    "nice parks to take dogs around on leash. Ed Levin Park is one of the three county parks with off leash area. "
    0
    Flag
  • Trulia User
    "It is getting congested due to high rise of new house developments. It seems like they are filling every corner with Homes but not addressing how it affects the traffic."
    2
    Flag
  • Chelsea G. P.
    "Everyone is super friendly and most dog owners know what dog belongs to what house over who lives where, lol. "
    2
    Flag
  • Chelsea G. P.
    "I know my neighbors next door and behind me. I’m on a corner lot & in the summer time parties can go on and no one is bothered "
    0
    Flag
  • Patrick R.
    "Meditation Classes offered at the local public school and the community coming together for farmers markets "
    0
    Flag
  • Ama1001
    "I have living here for over 4 years. It’s nice and quiet and is not too far from highway without the noise."
    0
    Flag
  • Andy S.
    "amazing neighborhood 👍 very good transportation and it's peaceful and calm in the neighborhood..... "
    0
    Flag
  • Efrain E.
    "The founder's fair / carnival happens every year. That's pretty fun. There are Halloween events as well as Easter."
    1
    Flag
  • Contactscb03
    "I know my neighbors and can walk alone as a woman after dark. I can see the foothills so it feels apart from the "City" but close enough to transit."
    0
    Flag
  • Guni.bal
    "Milpitas is sweet little town still developing and now more people then we moved in 1998. Small and nice little town with views of the east hills. "
    0
    Flag
  • Josie P. a. L.
    "People are always walking there dogs. Very dog friendly community. There is also dogs roaming the neighborhood but the pound eventually picks them up. And lots of cats too ☺"
    1
    Flag
  • Josie P. a. L.
    "People are always walking there dogs. Very dog friendly community. There is also dogs roaming the neighborhood but the pound eventually picks them up. And lots of cats too ☺"
    1
    Flag
  • Charles M. D.
    "It’s all cemented for a brisk walk around this neighborhood, atleast that’s how I feel with my feet already being tired as they do, the concrete only makes the reality of fatigue all the more real.. if you ask me, a decent park that’s animal friendly is all my dog & I would ever welcome & need because he’s worth it.."
    1
    Flag
  • Durbhas
    "I've lived in this neighborhood for 15 years and can attest to the fact that it is very safe and great for families with young kids."
    12
    Flag
  • Cshen_99
    "I lived here more than 30 years, it’s so convenient to go anywhere. It has a lots high tech companies also has variety restaurants super market etc."
    0
    Flag
  • Claudine N.
    "Everything is around here within a 4 mike Radius. Great food (and good variety), shopping, companies, light rail, etc."
    0
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

24 pet-friendly rentals in Milpitas, CA

Explore by feature - Garage

43 rentals with a garage in Milpitas, CA

Explore by feature - Air Conditioning

40 rentals with air conditioning in Milpitas, CA

Explore by feature - Pool

27 rentals with a pool in Milpitas, CA

Explore by feature - Washer/dryer

53 rentals with a washer/dryer in Milpitas, CA

Explore by feature - Outdoor Space

12 rentals with an outdoor space in Milpitas, CA

Homes for sale near 172 Rainbow Pl

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Off Market Homes Near 172 Rainbow Pl

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Frequently asked questions about 172 Rainbow Pl

  • What is 172 Rainbow Pl estimated to be worth?
    Trulia's estimated value for 172 Rainbow Pl in Milpitas, CA is $1,139,200.
  • What is the price history for 172 Rainbow Pl?
    172 Rainbow Pl in Milpitas, CA last sold for $423,000 in January 2001.
  • Is Milpitas a buyer's or seller's market?
    Milpitas is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Milpitas?
    The median sale price in Milpitas is $1.29M. That is up $1.67K from the prior month.
  • Does 172 Rainbow Pl have air conditioning?
    Yes, 172 Rainbow Pl in Milpitas, CA has air conditioning.
  • Does 172 Rainbow Pl have a pool?
    Yes, 172 Rainbow Pl in Milpitas, CA has a pool.