1405 Casablanca Circle, Gilroy, California 95020, Gilroy, 95020 - 5 bed, 3 bath
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1405 Casablanca Circle
Gilroy, California 95020
ACTIVE
CONDITION: FAIR
5Beds
3Baths
2,598Sq Ft
6,534Lot Size
Property Price
LIST PRICE$1,183,888
EST. MARKET VALUE
$1,168,193
SUMMARY
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $1,198,888—positioned well above the $1,145,514 Fair Market Value by -4%. While the property carries a Fair Condition Rating due to its 1996 vintage, the 5-bedroom layout offers significant utility for multi-generational living. Located just 0.12 miles from Luigi Aprea Elementary, the home provides exceptional walkability for families. This property is an ideal acquisition for Owner-Occupants seeking a functional floor plan or Value-Add Investors looking to modernize a well-maintained asset in a desirable Gilroy neighborhood.
Estimated Market Value
$1,168,193
Based on Realkey algorithm analyzing recent comparable sales in Gilroy.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1405 Casablanca Circle Subject | $1,183,888* List Price | 5 | 3 | 2,598 | $450 | - |
A 1494 Partridge Drive Sold | $1,225,000 | 4 | 3 | 2,274 | $539 | 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 9358 Lone Deer Way Sold | $1,270,000 | 5 | 3 | 2,658 | $478 | 0.3 mi |
E 9554 Rodeo Drive Sold | $1,311,000 | 5 | 3 | 2,670 | $491 | 0.5 mi |
F 8881 Zinnia Street Sold | $1,150,000 | 4 | 2 | 2,113 | $544 | 0.3 mi |
G 9781 Linnet Court Sold | $1,450,000 | 5 | 3 | 3,012 | $481 | 0.9 mi |
H 590 El Invierno Drive Sold | $899,000 | 3 | 3 | 1,983 | $453 | 0.9 mi |
I 1219 Willow Court Active | $1,135,000 List Price | 4 | 3 | 2,242 | $506 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1996, this 28-year-old home is well-maintained and move-in ready, but falls into the 'Fair' category due to its age (>20 years) and dated interior finishes. While clean, the built-ins and overall aesthetic suggest original 90s styling, and major systems like HVAC and roofing are likely approaching the end of their typical functional lifespan, necessitating future updates.
PROSSTRENGTHS & OPPORTUNITIES
- Spacious Multi-Generational Layout
With 5 bedrooms and nearly 2,600 square feet, the home offers a versatile floor plan ideal for large families, work-from-home needs, or multi-generational living.
- Prime Walkability to Schools
The property is exceptionally located just 0.12 miles from Luigi Aprea Elementary, providing rare and convenient walkability for families with young children.
- Recent Price Improvement
A significant $150,000 price reduction shortly after listing enhances the property's value proposition, making it a more competitive option in the Gilroy market.
CONSRISKS & DEFICIENCIES
- Initial Pricing Strategy
The substantial and rapid price drop from the original list price may signal initial overvaluation, potentially causing savvy buyers to question the property's true market ceiling.
- Moderate School Ratings
While the local schools are conveniently located, their mid-range ratings (5-6) may be a deterrent for buyers specifically seeking top-tier academic districts.
About 1405 Casablanca Circle
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1996
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $80.0 / Month
Neighborhood Insights
Gilroy Unified Schools
Luigi Aprea Elementary School
Grades K-5 • 0.1 mi
6/10
Brownell Middle School
Grades 6-8 • 1.6 mi
5/10
Solorsano Middle School
Grades 6-8 • 1.7 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 2.7 |
| Square foot | 2,598 | 2,212.338 |
| Lot Size | 6,534 | 6,777.206 |
| Price | $1.18M | $1.13M |
| Price per sq ft | $456 | $535 |
| Built year | 1996 | 2000 |
| HOA | $80.0 | $189 |
| Days on market | 41 | 51 |
Pricing History
Listed for Sale
Sep 5, 2026
$1,183,888
$1,198,888
-1% Price Drop
Initial Listing
Price Change
Jul 31, 2026
$1,198,888
Initial Listing
Price Change
Jul 30, 2026
$1,348,888
Initial Listing
Sold
Sep 15, 2004
$730,000
Public Record