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Listed by Robert Malech • Keller Williams Realty
$1,700,000
Est. payment /mo
1.04 Acres Lot
New
18455 Old Monterey RD Morgan Hill, CA 95037
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Key Details
Property Type Vacant Land
Sub Type Residential Development Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82013429
Lot Size 1.040 Acres
Property Sub-Type Residential Development Land
Property Description
Charming 4-Bed, 2-Bath Home with Prime Development Potential in Morgan Hill Discover this inviting 4-bedroom, 2-bathroom home set on over an acre of prime land in the heart of Morgan Hill, offering both comfort and endless possibilities. The property features a spacious layout, complemented by valuable outbuildings, including a shop and storage shed, perfect for hobbyists or extra storage. This property is ideal for creating a private family compound, bringing your kids, and building multiple homes! Once you cross the creek over your private bridge, you'll enter a secluded, serene area perfect for crafting your family's dream retreat. The land is zoned for 4-6 single-family homes or, under the new law effective July 1, 2025, up to 10 condos, making it a fantastic opportunity for investors, developers, or builders. At just $170,000 per lot for condos, this is a rare chance to capitalize on Morgan Hills' thriving market. Conveniently located within an easy walk of vibrant downtown Morgan Hill, enjoy fine dining, boutique shopping, and community events like the annual Fourth of July parade. Whether you're envisioning a family compound or a lucrative development project, this property in one of California's most desirable communities is a must-see! The property is over one acre.
Location
State CA
County Santa Clara
Area Morgan Hill / Gilroy / San Martin
Zoning A
Exterior
Fence Fenced
Utilities Available Electricity - On Site, Public Utilities
View City, Hills, Mountains, River / Stream
Present Use Residential,Other
Building
Lot Description Corners Marked, Grade - Level, Ground Floor, Possible Lot Split, Potential Re-Zone, Regular
Sewer Sewer - Public, Sewer Connected
Water Individual Water Meter, Public
Others
Tax ID 764-22-010
Horse Property Possible
Special Listing Condition Not Applicable
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