131 Lusitano, Gilroy, California 95020, Gilroy, 95020 - 4 bed, 3 bath
131 Lusitano
Gilroy, California 95020
Property Price
SUMMARY
Analysis of 131 Lusitano, Gilroy, California 95020 reveals a Prime Investment Opportunity with a current list price of $920,000—significantly undercutting the $998,837 Fair Market Value by 7%. This valuation gap indicates a +$78,837 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Gilroy 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 131 Lusitano Subject | $920,000* List Price | 4 | 3 | 2,440 | $409 | - |
A 74 Caspian Way Sold | $850,000 | 3 | 2 | 2,071 | $410 | 0.1 mi |
B 6640 Tecate Lane Sold | $950,000 | 3 | 3 | 2,089 | $455 | 0.4 mi |
C 1140 Bonino Way Active | $1,099,000 List Price | 4 | 3 | 2,489 | $442 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2014, the property falls within the 10-year age bracket for excellent condition. The home features high-quality modern finishes including hardwood flooring, plantation shutters, and a kitchen with upgraded cabinetry and stainless steel appliances. The primary suite's marble finishes and soaking tub, along with dual-zone A/C and a water purification system, reflect a property that has been meticulously maintained with no deferred maintenance, meeting current luxury standards.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Modern Layout
Built in 2014, the home features high ceilings, a main-level flex room, and a large upstairs loft, offering exceptional functional space for multi-generational living or remote work.
- Premium Interior Upgrades
The property is move-in ready with high-quality finishes including hardwood flooring, updated kitchen cabinetry, marble bathroom accents, and custom plantation shutters throughout.
- Strategic Commuter Location
Ideally positioned with quick access to Highways 101 and 152, the home balances suburban comfort with proximity to parks, trails, and major shopping centers.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2798, living area = 2440.
- Limited Lot Size
With a lot size of only 2,798 square feet for a 2,440 square foot home, the outdoor yard space is minimal, which may be a drawback for buyers seeking significant private green space.
- Split Garage Configuration
The dual single-car garage design, while flexible for storage, may be less convenient for households preferring a traditional side-by-side two-car parking arrangement.
About 131 Lusitano
Rare opportunity to own a well-maintained 4-bedroom home with a spacious loft and a flexible main-level room that works as a den, office, or formal dining. The layout is open with high ceilings, recessed lighting, natural light, and hardwood flooring through the main living areas. The kitchen has been tastefully updated with upgraded cabinetry, stainless steel appliances, and a walk-in pantry, opening to comfortable everyday living and gathering spaces. Upstairs, the loft creates a second living area ideal for work, media, or play, with three generously sized bedrooms nearby. The primary suite offers a large walk-in closet and an en-suite bath with soaking tub, separate shower, dual sinks, and marble finishes. Plantation shutters, custom window coverings, dual-zone A/C, indoor laundry, and water purification add everyday comfort. Dual single-car garages provide extra flexibility for parking, storage, or hobbies. Close to parks, trails, shopping, and quick access to Hwy 101 and 152. Homes offering this space, layout, and level of care in this location are rarely available and don't come up often.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2014
- Lot Size
- 2,798 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $158.0 / Month
Neighborhood Insights
Gilroy Unified Schools
Las Animas Elementary School
Grades K-5 • 0.9 mi
Solorsano Middle School
Grades 6-8 • 1.7 mi
Gilroy High School
Grades 9-12 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,440 | 2,298 | 53% |
| Lot Size | 2,798 | 6,810 | 4% |
| Price | $920.0K | $1.12M | 23% |
| Price per sq ft | $377 | $514 | 4% |
| Built year | 2014 | 1998 | 73% |
| HOA | $158.0 | $0 | 82% |
| Days on market | 19 | 173 | 1% |
Pricing History
Listed for Sale
Feb 16, 2026
$920,000
Initial Listing
Sold
Jun 28, 2016
$650,000
Public Record
Sold
Dec 19, 2014
$629,000
Public Record