
Morgan Hill, California 95037
This Italian Tuscan Estate is a High-Potential Investment Opportunity, listed at $3,500,000—positioned slightly above the $3,466,399 Fair Market Value. While the main residence maintains a Condition Rating of 4, the property offers significant upside through the nearly new 1,000 sqft ADU and expansive 2.18-acre lot with panoramic mountain views. This estate provides a rare blend of privacy and proximity to downtown Morgan Hill, making it an ideal acquisition for Multi-Generational Families or Owner-Occupants seeking a luxury lifestyle with income-generating potential.
Property is moderate renovation needed.
The property was built in 1995, making it over 30 years old. While the home is clean and well-maintained overall, and features a newer ADU, the main house bathrooms are clearly dated with original 1990s oak cabinetry, white tile countertops, and older light fixtures that require modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 94960, living area = 4783.
The property includes a nearly new 1,000 sqft, 2-bedroom, 2-bathroom ADU, offering exceptional value for multi-generational living or potential rental income.
Set on over 2 acres within an exclusive gated community, this estate provides rare privacy and breathtaking views while maintaining close proximity to downtown Morgan Hill.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4783, other record living area = 3784. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 4.
The $700 monthly association fee represents a significant recurring carrying cost that may be a consideration for budget-conscious luxury buyers.
Built in 1995, the main residence is approaching 30 years of age and may require updates to its original systems or finishes to meet modern luxury standards.
Welcome to 14545 Atherton Circle - an extraordinary Italian Tuscan Estate in Morgan Hill. Behind the gates of an exclusive community, this stunning 5 bedroom 4.5 bathroom villa offers nearly 5,000 square feet of living on 2 breathtaking acres, surrounded by spectacular views. A nearly new 1,000 square foot 2 bedroom 2 bathroom ADU sits privately on the opposite side of the property. Enjoy privacy and serenity on this estate, while being just minutes from downtown Morgan Hill's restaurants, pubs, shops, conveniences, and top schools. An Italian Tuscan Villa with a nearly new ADU on a 2.18 Acre estate with a total of 7 bedrooms and 6 bathrooms rarely comes on the market - this truly is a special opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 4,783 | 2,354.219 |
| Lot Size | 94,960 | 9,329.156 |
| Price | $3.50M | $1.50M |
| Price per sq ft | $732 | $674 |
| Built year | 1995 | 1992 |
| HOA | $700.0 | $192 |
| Days on market | 38 | 45 |
Sep 16, 2026
$3,500,000
Initial Listing
Jun 26, 2009
$1,000,000
Public Record
Feb 20, 2002
$1,250,000
Public Record