, California, Morgan Hill, 95037 - 7 bed, 4 bath

, California home-pic-0

, California

California

ACTIVE
CONDITION: FAIR
7Beds
4Baths
5,561Sq Ft
100,188Lot Size

Property Price

LIST PRICE$2,800,000
EST. MARKET VALUE
$2,800,000

SUMMARY

Analysis of , California reveals a Fairly Priced Property with a current list price of $2,800,000  aligned with the estimated $2,800,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the California Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$2,800,000
Based on Realkey algorithm analyzing recent comparable sales in California.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

The property was built in 1985, making it 39 years old. While the exterior appears well-maintained and the pool is sparkling, the listing description does not indicate any recent major renovations to the interior, particularly the kitchen and bathrooms. The phrase 'This estate has so much potential!!!' often suggests that significant updates are needed to modernize the home. Without interior images, it's assumed that the kitchen, bathrooms, appliances, flooring, and fixtures are likely original or from an older renovation, showing signs of being outdated, which aligns with the 'Fair' condition criteria for properties built within the last 25 to 40 years with no major renovations since construction.

PROSSTRENGTHS & OPPORTUNITIES

  • Extensive Living Space & ADU

    The property features a spacious 6-bedroom, 3-bathroom main house (5561 sqft) complemented by a separate 2-bedroom, 1-bathroom ADU, offering significant flexibility for multi-generational living, guest accommodation, or potential rental income.

  • Generous Lot Size & Amenities

    Situated on a flat 2.5-acre lot, the estate provides ample usable land, enhanced by a sparkling pool and spa, creating a private oasis for recreation and entertaining.

  • Abundant Garage Capacity

    With a total of 6 car garage spaces, including one attached to the ADU, the property offers exceptional storage, workshop space, or accommodation for multiple vehicles.

CONSRISKS & DEFICIENCIES

  • Age of Property

    Built in 1985, while well-maintained, the property may have original systems or finishes in certain areas that could require updates or modernization to meet contemporary standards, potentially incurring future costs.

  • High Maintenance Demands

    The expansive 2.5-acre lot, coupled with a pool and spa, implies significant ongoing maintenance costs and time commitment for landscaping, pool care, and general upkeep of a large estate.

  • Potential for Further Investment

    The description's emphasis on 'so much potential' suggests that while the property offers a strong foundation, it may not be fully updated throughout, indicating that a buyer might need to invest further to personalize or upgrade certain aspects to their desired luxury level.

About

Welcome to this Windermere Estate Home situated on a nice Cul-de-Sac located across from Borello Estates! Flat 2.5 Acres with a separate ADU. Total of 6 Car Garage! Sparkling Pool and Spa! The Main House has 6 Bedrooms, 3 Bathrooms. Huge Primary Suite includes a Super Large Walk In Closet! The downstairs bedroom has been used more for an office. Spacious Living Room with High Ceilings! The kitchen features abundant cabinetry and a separate Butlers Pantry with an additional Stove top and Sink! The ADU has 2 Bedrooms, 1 Bathroom. The 2nd 3 Car Garage has a 1 car that is attached to the ADU. Views of our beautiful mountains, and close proximity for commuting! This estate has so much potential!!!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1985
Lot Size
100,188 Sq. Ft.

Interior

Total Bedrooms
7
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds7.04.0
98%
Baths4.03.0
70%
Square foot5,5612,401
99%
Lot Size100,1888,266
94%
Price$2.80M$1.50M
90%
Price per sq ft$504$660
12%
Built year19851991
41%
HOA$0$80
43%
Days on market1373163
0%

Pricing History

Listed for Sale

Jun 3, 2022

$2,800,000

Initial Listing

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