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… Read More 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. Read Less
Courtesy of South County Realty Mh, Matthew Telfer 408-691-1982
Listing Snapshot
Days Online
0
Last Updated
Property Type
Farm
Beds
2
Full Baths
1
Square Ft.
700
Lot Size
9.83 Acres
Year Built
1900
MLS Number
ML82055378
30 Days Snapshot Of 95037
$1.45M
-15%
(avg) sold price
35
-10%
homes sold
28
+55%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 428195.00, Max Area Units: Square Feet, Grade - Level
Building
Built in 1900, 700 square feet, 700 living square feet
Dining Room
Other
Family Room
No Family Room
Foundation
Combination
Roof
Elastomeric, Metal, Other
Cooling
Other
Garage
3 garage spaces, Parking Area
Water Features
Well
Heating
Other
Utilities
Master Meter, Natural Gas, Propane On Site, Public Utilities, Other
Sewer
Existing Septic
Property
Hills, Neighborhood, Zoning: A-20A, Horse property?: Possible
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
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