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1501 Bianca Way, Gilroy, California 95020, Gilroy, 95020 - 1 bed, 1 bath

1501 Bianca Way, Gilroy, California 95020 home-pic-0
ACTIVE UNDER CONTRACT$475,000
1501 Bianca Way, Gilroy, California 95020
1Bed
1Bath
800Sqft
800Lot
Year Built
2003
Close
-
List price
$475K
Original List price
$500K
Price/Sqft
$594
HOA
$300
Days on market
57 Days
Sold On
2025-08-13
MLS number
ML82007838
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $475.0K(44th), sqft - 800(33th), beds - 1(33th), baths - 1(33th).

Discover comfort, charm and convenience in this delightful 1 bed, 1 bath cottage located in a beautifully maintained 62+ gated community in the heart of Gilroy. This 800 sq ft home offers a cozy yet spacious feel and layout with the added loft for additional space or extra bedroom. The rich engineered hardwood flooring and sparkling granite countertops add a touch of luxury to everyday living. Situated just minutes from downtown Gilroy, you're close to shopping, dining, parks and scenic bike and walking trails. The community pool offers a place to cool off on those summer days and a chance to gather with your neighbors and friends. Welcome home to comfort, community and convenience.

Nearby schools

7/10
Las Animas Elementary School
Public,•K-5•1.8mi
5/10
Solorsano Middle School
Public,•6-8•0.8mi
5/10
Gilroy High School
Public,•9-12•1.6mi

Price History

Date
Event
Price
08/11/25
Price Change
$475,000
06/17/25
Listing
$500,000
Condition Rating
Fair
Built in 2003, this property is well-maintained and move-in ready, featuring engineered hardwood flooring and granite countertops. However, the bathroom shows clear signs of being outdated with its tiled vanity and shower enclosure, and the kitchen has mismatched appliances (stainless steel refrigerator with white dishwasher and range). While functional and clean, these elements indicate the property has not undergone a full recent renovation and requires minor updates to modernize, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Targeted Community & Lifestyle: Located in a beautifully maintained 62+ gated community, offering a secure and tailored living environment with a strong sense of community, ideal for its specific demographic.
Modern Interior Finishes: Features rich engineered hardwood flooring and sparkling granite countertops, providing a luxurious and updated feel that minimizes immediate renovation needs for a buyer.
Community Amenities: Access to a community pool offers recreational opportunities and a social hub for residents, enhancing the overall lifestyle appeal.
Prime Location & Convenience: Situated just minutes from downtown Gilroy, providing easy access to shopping, dining, parks, and scenic bike/walking trails, promoting an active and convenient lifestyle.
Efficient Layout with Versatile Loft: Despite its compact size, the home offers a cozy yet spacious feel with an added loft, providing flexible space for an additional bedroom or other uses.

Cons

Age-Restricted Buyer Pool: The 62+ age restriction significantly limits the potential buyer demographic, which can prolong market time and affect resale value to a broader market.
Compact Living Space: At 800 sq ft with 1 bed and 1 bath, the property offers limited living space, which may not appeal to buyers seeking more room or accommodating guests frequently.
Ongoing Association Fees: The $300 monthly association fee adds a significant recurring cost to homeownership, which can be a deterrent for some buyers and impacts affordability.

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