




$1,700,000
Est. $9,520/mo18455 Old Monterey Road, Morgan Hill, CA 95037
About this home
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.
infoProperty Facts
Bathrooms
0
Lot Size
45,287 sqft
Days on Market
191
HOA Fee
N/A
MLS #
ML82013429
chairInterior Details
garageParking
deckExterior & Lot
Lot & Grounds
Lot Features
Corners Marked, Level
Sewer
Public Sewer
Water Source
Public
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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