18455 Old Monterey RD, Morgan Hill, CA 95037
- $1,700,000
- 4
- BD
- 2
- BA
- 2,020
- SqFt
- List Price
- $1,700,000
- MLS#
- ML82013611
- Status
- ACTIVE
- Property Type
- res
- Bedrooms
- 4
- Total Bathrooms
- 2
- Full Bathrooms
- 2
- Sqft. of Residence
- 2,020
- Lot Size
- 45,287
- Listing Area
- Morgan Hill / Gilroy / San Martin
- Year Built
- 1950
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.
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Additional Information
- Acres
- 1.04
- Age
- 75
- Cooling System
- Central AC
- Family Room
- Separate Family Room
- Fence
- Fenced
- Fireplace Description
- Living Room
- Foundation
- Concrete Perimeter
- Garage Parking
- Common Parking Area, Covered Parking, No Garage, Off-Street Parking, Parking Area
- Heating System
- Forced Air
- Living Area
- 2,020
- Lot Description
- Corners Marked, Grade - Level, Ground Floor, Possible Lot Split, Potential Re-Zone, Regular
- Lot Size
- 45,287
- Neighborhood
- Morgan Hill / Gilroy / San Martin
- Other Utilities
- Public Utilities
- Roof
- Composition
- Sewer
- Sewer - Public, Sewer Connected
- Unincorporated Yn
- Yes
- View
- Hills, View of Mountains, River / Stream
- Zoning
- A
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Listing courtesy of Robert Malech from Keller Williams Realty. 408-210-0477
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