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10055 Foothill Avenue, Gilroy, California 95020, Gilroy, 95020 - 8 bed, 8 bath

10055 Foothill Avenue, Gilroy, California 95020 home-pic-0
ACTIVE$3,399,999
10055 Foothill Avenue, Gilroy, California 95020
8Beds
8Baths
5,018Sqft
327,571Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 327571, living area = 5018.
Top Cons:
High Price Point: The list price of $3.4 million represents a significant investment, which may limit the pool of potential buyers.

Compared to the nearby listings

Price:$3.40M vs avg $1.16M (+$2,244,999)98%
Size:5,018 sqft vs avg 2,477.5 sqft98%
Price/sqft:$678 vs avg $51984%

More Insights

Built in 2022 (3 years old).
Condition: This property was built in 2022, qualifying it as a newly built luxury custom estate. The images and description confirm a pristine condition throughout, featuring a gourmet kitchen with high-end stainless steel appliances, quartz countertops, modern white shaker cabinetry, and a full quartz backsplash. Bathrooms are equally luxurious with contemporary fixtures, vanities, and large format tiling, including glass-enclosed showers and a freestanding tub. All systems, flooring (consistent wood-look throughout), lighting (recessed), and finishes are new, meeting current quality standards with no signs of wear or deferred maintenance. The separate ADU also appears to be finished to the same high standard.
Year Built
2022
Close
-
List price
$3.4M
Original List price
$3.4M
Price/Sqft
$678
HOA
-
Days on market
-
Sold On
-
MLS number
ML82022540
Home ConditionExcellent
Features
Good View:
Patio
View-

About this home

DREAM HOME on 7.5 acres of flat & usable land Plus guest house. Welcome to this newly built luxury custom estate. This stunning single-story home offers over 5000 square feet of luxurious living space with 6 bedrooms and 5 and a half bathrooms, including two spacious primary suites, a junior suite, and a hall bathroom with direct backyard access. Designed with attention to detail and quality craftsmanship, the home features an open floor plan, dramatic high ceilings, walk-in closets in most rooms, and an abundance of linen and coat storage. The gourmet kitchen boasts an oversized island with quartz counter tops and an extraordinary walk-in pantry room. ADU unit offers 2 bedrooms and 2 bathrooms, full kitchen & laundry room, ideal for extended family, guests, or rental income. The expansive land offers endless possibilities including space for a vineyard with a tasting room, a horse training facility with stalls and arena, or storage and workspace for contractors, landscapers, or service providers. A rare opportunity to own a versatile property with luxury, space, and potential all in one. Enjoy the most beautiful sunsets from the patio. O P E N H O U S E --> Nov 22 & 23 from 1 - 4 pm

Condition Rating
Excellent
This property was built in 2022, qualifying it as a newly built luxury custom estate. The images and description confirm a pristine condition throughout, featuring a gourmet kitchen with high-end stainless steel appliances, quartz countertops, modern white shaker cabinetry, and a full quartz backsplash. Bathrooms are equally luxurious with contemporary fixtures, vanities, and large format tiling, including glass-enclosed showers and a freestanding tub. All systems, flooring (consistent wood-look throughout), lighting (recessed), and finishes are new, meeting current quality standards with no signs of wear or deferred maintenance. The separate ADU also appears to be finished to the same high standard.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 327571, living area = 5018.
Newly Built Luxury Estate: Constructed in 2022, this is a newly built luxury custom estate, featuring over 5000 sqft of living space designed with attention to detail and quality craftsmanship.
Expansive & Usable Land: The property boasts 7.5 acres of flat and usable land, offering immense potential for various uses such as a vineyard, horse facility, or contractor workspace.
Dedicated ADU Unit: Includes a separate 2-bedroom, 2-bathroom ADU with a full kitchen and laundry, providing excellent flexibility for extended family, guests, or potential rental income.
Spacious & Well-Appointed Main Residence: The main home features 6 bedrooms, 5.5 bathrooms, including two primary suites and a junior suite, an open floor plan, dramatic high ceilings, and a gourmet kitchen with an oversized island and walk-in pantry.
Versatile Potential & Income Generation: The combination of large, adaptable land and a separate ADU offers significant opportunities for personal hobbies, business ventures, or generating passive income.

Cons

High Price Point: The list price of $3.4 million represents a significant investment, which may limit the pool of potential buyers.
Ongoing Land Maintenance: The extensive 7.5 acres of land, while offering great potential, will require substantial ongoing maintenance, time, and financial commitment from the owner.
Local Market Depth: Gilroy's luxury market may have a smaller buyer pool for properties at this price point compared to more established high-end regions, potentially impacting market time or future resale value.

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