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121 Gilman Ave, Campbell, CA, 95008

4beds
4baths
2,375sqft
$2,225,000
$937price/sqft
$13,175/moest. monthly cost
$527,000/yrincome needed

About This Home

Experience modern luxury at the John D. Morgan, an exquisite new 3-story townhome at Parklane. Perfectly positioned in Downtown Campbell, you are a short stroll from vibrant restaurants, boutique shopping, the Farmers Market, and across the street from the Campbell Park and the Los Gatos Creek Trail. This is the walkable lifestyle that you have been searching for! Spanning ~2,375 SF, this premium 4BR/3.5BA residence introduces an incredible financial asset: a ground-floor Junior ADU (JADU) equipped with a kitchenette, full bath, and optional private entry. Use it as a high-yield rental, an upscale multi-generational suite, or a quiet executive workspace. The heart of the home is a bright, open second level where a designer kitchen with Bosch appliances and a central island seamlessly connects to the dining space, a tucked-away study alcove, and an expansive living area opening to a covered deck. The top floor serves as a restful retreat with a generous primary suite with large WIC and spa-like double-vanity bath, 2 more bedrooms, and a great laundry room. Large side by side 2-car garage. Energy efficient, brand new construction with luxury level features and finishes, ultimate flexibility in a premier Silicon Valley enclave! Fall completion.

Getting Around

91
WalkingWalker's Paradise
52
TransitGood Transit
77
BikeVery Bikeable

Schools

8/10
5/10
Del Mar High SchoolGrades 9-121.5 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Composition, Shingle

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse,Residential

Interior

Appliances

  • Appliances included: Electric Cooktop,Dishwasher,Disposal,Microwave,Electric Oven

Bathroom

  • Features: DoubleSinks, ShoweroverTub1, StallShower2plus, FullonGroundFloor

Bedroom

  • Features: GroundFloorBedroom, WalkinCloset

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Features: DiningArea

Family Room

  • Features: SeparateFamilyRoom

Features

  • Flooring: Carpet,Hardwood,Tile

Heating & Cooling

  • Heating features: Central Forced Air,2 plus Zones
  • Cooling features: Central Air,Zoned

Interior Area

  • Total structure area: 2,375
  • Total interior livable area: 2,375 sqft

Property

Details

  • Parcel number: 4120903515
  • Zoning: R1
  • Special condition: NewSubdivision

Features

  • Stories: 3
  • Patio & porch: Deck

Lot

  • Lot size: 1,209 sqft

Parking

  • Total spaces: 2
  • Parking features: Attached,Electric Vehicle Charging Station(s)
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave

FEMA Declared Disasters in Santa Clara County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $11,250$135,000
Home Insurance *$156$1,872
Property Taxes $1,260$15,120
Electricity $509$6,111
Total$13,175$158,100
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$451,714/yr
40% on housing$395,250/yr
45% on housing$351,333/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$937This listing

vs Other Active Listings

Avg $/sqft

ZIP 95008$836
Santa Clara County$789

vs Homes Sold Last Month

Median $/sqft

ZIP 95008$1,264
Santa Clara County$1,052

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-22Listed for sale$2,225,000

New Construction

AgentCharles Baldwin
BrokerageCharles R. Baldwin, Broker

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