1405 Casablanca Circle, Gilroy, California 95020, Gilroy, 95020 - 5 bed, 3 bath
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Gilroy, California 95020
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,348,888—positioned well above the $1,180,685 Fair Market Value by -14%. While the property requires a premium, its Fair Condition Rating and 1996 build offer a solid foundation for cosmetic modernization. Located just 0.12 miles from Luigi Aprea Elementary, the home provides exceptional convenience for families. With 5 bedrooms and a private patio, this property is an ideal acquisition for Owner-Occupants seeking long-term value or Value-Add Investors looking to modernize a well-located asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1405 Casablanca Circle Subject | $1,298,888* List Price | 5 | 3 | 2,598 | $458 | - |
A 9358 Lone Deer Way Sold | $1,270,000 | 5 | 3 | 2,658 | $478 | 0.3 mi |
B 946 Martiri Court Sold | $1,125,000 | 5 | 3 | 2,639 | $426 | 0.3 mi |
C 9610 Eagle View Sold | $1,195,000 | 5 | 3 | 2,374 | $503 | 0.6 mi |
D 9554 Rodeo Drive Sold | $1,311,000 | 5 | 3 | 2,670 | $491 | 0.5 mi |
E 9781 Linnet Court Sold | $1,450,000 | 5 | 3 | 3,012 | $481 | 0.9 mi |
F 1536 Jackdow Court Sold | $1,245,000 | 5 | 3 | 2,639 | $472 | 0.7 mi |
G 1655 Valley Oaks Drive Sold | $1,100,000 | 3 | 2 | 1,798 | $612 | 0.6 mi |
H 1201 Blue Parrot Court Active Under Contract | $1,098,000 List Price | 4 | 3 | 2,383 | $461 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996 (28 years old), the property is exceptionally well-maintained and move-in ready, but remains largely original. The kitchen and bathrooms feature dated oak cabinetry and white tile countertops typical of the mid-90s. Per the criteria, since it is >20 years old without a recent major renovation, it is classified as fair due to the need for cosmetic updates to meet modern standards.
With 5 bedrooms and nearly 2,600 sqft of living space, the home offers a functional floor plan ideal for multi-generational living or dedicated home office needs.
The property is located just 0.12 miles from Luigi Aprea Elementary, providing unparalleled convenience for families with young children.
The residence is beautifully maintained and move-in ready, allowing buyers to avoid the immediate costs and stress of post-purchase renovations.
The 6,534 sqft lot is relatively modest for a large 5-bedroom home, which may restrict outdoor recreational space and privacy.
While the local schools are conveniently located, their mid-range ratings (5-6) may be a consideration for buyers specifically seeking top-tier academic districts.
Welcome to 1405 Casablanca Circle, a beautifully maintained residence nestled in one of Gilroy's established and desirable neighborhoods. This spacious home offers an ideal blend of comfort, functionality, and style, featuring generous living areas, abundant natural light, and a thoughtfully designed floor plan perfect for both everyday living and entertaining. The inviting interior showcases well-appointed living spaces, a spacious kitchen that serves as the heart of the home, and comfortable bedrooms designed for relaxation and privacy. Large windows create a bright and airy atmosphere throughout, while the versatile layout accommodates today's lifestyle needs, including work-from-home flexibility and multi-generational living possibilities. Step outside to enjoy a private backyard retreat with ample space for outdoor dining, entertaining, gardening or simply unwinding in the California sunshine. Situated on a quiet residential street, this home offers convenient access to parks, schools, shopping, dining, and commuter routes while maintaining the charm and tranquility of neighborhood living. A rare opportunity to own a move-n ready home in the heart of Gilroy - where comfort, convenience, and community come together.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades 6-8 • 1.6 mi
Grades 6-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,598 | 1,983 |
| Lot Size | 6,534 | 7,000 |
| Price | $1.30M | $1.16M |
| Price per sq ft | $500 | $533 |
| Built year | 1996 | 1997 |
| HOA | $80.0 | $202 |
| Days on market | 43 | 44 |
Jul 1, 2026
$1,298,888
$1,348,888
-4% Price Drop
Initial Listing
Jun 9, 2026
$1,348,888
Initial Listing
Sep 15, 2004
$730,000
Public Record