143 Lusitano Way, Gilroy, California 95020, Gilroy, 95020 - 4 bed, 3 bath
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Gilroy, California 95020
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $899,888—positioned well below the $971,254 Fair Market Value by 7%. This valuation gap offers $71,366 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, the home includes modern upgrades like a new water heater, Central AC, and a 240-volt EV charger. Located in the Gilroy Unified School District, this property is an ideal choice for growing families or first-time buyers seeking a move-in ready home with long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 143 Lusitano Way Subject | $899,888* List Price | 4 | 3 | 2,440 | $398 | - |
A 1140 Bonino Way Sold | $1,085,000 | 4 | 3 | 2,489 | $436 | 1.0 mi |
B 45 Angra Way Sold | $899,000 | 3 | 3 | 1,884 | $477 | 0.4 mi |
C 74 Caspian Way Sold | $850,000 | 3 | 2 | 2,071 | $410 | 0.1 mi |
D 125 Lusitano Way Active | $899,888 List Price | 4 | 3 | 2,440 | $369 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2015, this property is approximately 10 years old and meets the criteria for excellent condition due to recent high-value maintenance. Key systems including the Central AC and water heater were replaced within the last year, and the kitchen features upgraded appliances and a new reverse osmosis system. The interior shows mint-condition finishes, modern bathrooms, and recessed lighting, requiring no immediate maintenance.
The property features significant recent mechanical improvements, including a new Central AC system, a water heater with a 15-year warranty, and a 240-volt EV charging outlet, minimizing immediate capital expenditures for the buyer.
The 2,440 sqft floor plan is highly functional, offering a downstairs den that can serve as a fifth bedroom and an additional upstairs bonus room perfect for a media center or playroom.
Built in 2015, this well-maintained home boasts contemporary finishes like recessed lighting, an open-concept kitchen with upgraded appliances, and a recently installed reverse osmosis water filtration system.
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.
The property is subject to a $158 monthly association fee, which increases the overall cost of ownership compared to similar single-family residences without an HOA.
Given the substantial 2,440 sqft building footprint, the lot size provides a relatively compact backyard, which may be a drawback for buyers seeking expansive private outdoor areas or large gardens.
Welcome to 143 Lusitano Way, a beautifully maintained 4-bedroom, 2.5-bathroom home offering approximately 2,440 sqft of comfortable living space on a 5,043 sq ft lot. This light-filled home features recessed lighting, a cozy fireplace, an open-concept floor plan, and a downstairs den/office that can easily serve as a potential fifth bedroom. The modern kitchen includes upgraded appliances, a newer $2,200 refrigerator, and a reverse osmosis water filtration system installed just two months ago. Upstairs offers a versatile bonus room ideal for a family room, media space, or playroom. Additional upgrades include Central AC and a water heater replaced last year with a 15-year warranty. Enjoy a two-car garage, additional driveway parking, a 240-volt EV charging outlet, and a charming backyard with patio and lawn area perfect for entertaining. Conveniently located in a desirable community with a playground/tot lot nearby.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,440 | 2,193 | 55% |
| Lot Size | 2,798 | 6,930 | 3% |
| Price | $899.9K | $1.16M | 18% |
| Price per sq ft | $369 | $527 | 2% |
| Built year | 2015 | 1997 | 77% |
| HOA | $158.0 | $0 | 80% |
| Days on market | 18 | 120 | 1% |
May 29, 2026
$899,888
Initial Listing
Oct 6, 2020
$780,000
Public Record
May 27, 2015
$608,500
Public Record