18455 Old Monterey RD new

Morgan Hill,CA 95037

$ 1700000

4 Beds

2 Baths

2020 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,020 sqft

Price per Sqft $841

MLS Listing ID ML82013611

Bedrooms 4

Full Baths 2

Year Built 1900

Lot Size 1.040 Acres

Property Sub-Type Single Family Home

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

Rooms

Family Room Separate Family Room

Dining Room No Formal Dining Room

Interior

Heating Forced Air

Cooling Central AC

Fireplaces Type Living Room

Exterior

Parking Features Common Parking Area,Covered Parking,No Garage,Off-Street Parking,Parking Area

Garage Spaces 1.0

Fence Fenced

Utilities Available Public Utilities

View Hills,Mountains,River / Stream

Roof Type Composition

Building

Lot Description Corners Marked,Grade - Level,Ground Floor,Possible Lot Split,Potential Re-Zone,Regular

Foundation Concrete Perimeter

Sewer Sewer - Public,Sewer Connected

Water Individual Water Meter,Public

Others

Special Listing Condition Not Applicable

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