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Real Estate/CA/Morgan Hill/15195 Olive Avenue
Interior
For Sale
$1,867,700
Est. $10,459/mo

15195 Olive Avenue, Morgan Hill, CA 95037

bed
2
Bedrooms
bathtub
1
Bathrooms
square_foot
700
Square Feet

About this home

Exceptional opportunity to acquire one of Morgan Hill's premier future potential development properties, offered for sale on the MLS for the first time in generations. This rare +-9.83-acre parcel has been proudly held by the same family for multiple generations and presents a unique investment opportunity directly adjacent to the Morgan Hill city limits. Although currently located within unincorporated Santa Clara County, the City of Morgan Hill has designated the property Residential Detached Medium in its General Plan, potentially allowing for a planned density of up to 7 dwelling units/acre in the future upon annexation. Another opportunity is to create an exceptional rural estate, with the potential to construct a custom single-family residence, ADU, and Jr ADU. The property is currently leased to a local farmer, providing agricultural income while preserving its long-term investment potential. Existing improvements include an old farmhouse and three mobile homes. An adjoining +-12.5-acre sister parcel to the east is also available for purchase, offering buyers the flexibility to acquire one or both properties and create a significant future landholding in one of Morgan Hill's most desirable growth corridors. Rarely does an opportunity of this caliber become available.

Property Facts

bed

Bedrooms

2

bathtub

Bathrooms

1

square_foot

Square Feet

700

landscape

Lot Size

428,195 sqft

calendar_month

Year Built

1900

home_work

Property Type

Farm

timer

Days on Market

0

payments

HOA Fee

N/A

garage

Garage Total

3

fingerprint

MLS #

ML82055378

Interior Details

Parking

Total Parking Spaces

6

Garage Spaces

3

Carport Spaces

3

Exterior & Lot

Building & Construction

Foundation

Combination

Roof

Elastomeric, Metal, Other

Lot & Grounds

Lot Features

Level

Water Source

Well

Mortgage Calculator

Total Monthly

$0

Principal & Interest:
$0
Property Tax:
$0
Home Insurance:
$0
HOA Fees:
$0
$
$
%

Nearby Schools

RatingSchool NameGradesDistance
No school data available for this area.

Convenience Score

Market Insights

95037|Morgan Hill
analytics

Estimated Value

Calculating...
trending_up0%vs. last year
202120222023202420252026

Market Temperature

Seller'sBalancedBuyer's
0d30d60d180d
Balanced

Balanced market

30 Days

Avg. time on market

This is a Balanced Market. Homes are selling at a moderate pace.

flood

Flood & Climate Risk

Flood Risk

Minimal — not in a FEMA flood zone

Low

Wildfire Risk

Moderate — near wildland-urban interface

Moderate

Heat Risk

Low — moderate summer temperatures

Low

Earthquake Risk

Southern California seismic zone

Moderate
volume_up

Noise Levels

TrafficQuiet residential street
AirportMinimal airport noise
CommercialLow commercial activity nearby
streetview

Street View

Open Full Street Viewopen_in_new
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