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1501 Welburn Avenue, Gilroy, California 95020, Gilroy, 95020 - 5 bed, 4 bath

1501 Welburn Avenue, Gilroy, California 95020 home-pic-0
ACTIVE$1,875,000
1501 Welburn Avenue, Gilroy, California 95020
5Beds
4Baths
4,000Sqft
24,725Lot
Year Built
1988
Close
-
List price
$1.88M
Original List price
$1.88M
Price/Sqft
$469
HOA
-
Days on market
-
Sold On
-
MLS number
ML82023103
Home ConditionExcellent
Features
Good View: City Lights, Hills, Mountain(s), Neighborhood, Valley
Deck
ViewCity Lights,Hills,Mountain(s),Neighborhood,Valley

About this home

We found 3 Cons,5 Pros. Rank: price - $1.88M(88th), sqft - 4000(94th), beds - 5(76th), baths - 4(80th).

Motivated Sellers - Bring All Offers - Owner Purchased Foreclosure in March 2025 and Fully Remodeled - Never Before Occupied Since March 2025 - Like New! Bring All Offers! Owner has stated that they have decided to move-into the property and start the ownership period to make it their primary residence due to market conditions. No fault of property. Please do not bother owners. Opportunity Knocks - Add Your Special Finishing Touches - Owner May Consider Finishing Closets and or Customizing with Strong Offer! Add Your New Touches. Add A Pool or Rear Yard Play Area. Homeowner used all of his skills in the remodeling of this property. Potential Abounds! Live on the main floor with the additional three bedrooms downstairs.

Price History

Date
Event
Price
09/27/25
Listing
$1,875,000
Condition Rating
Excellent
Despite being built in 1988, the property has been fully remodeled in March 2025 and is described as 'Like New!' and 'Never Before Occupied Since March 2025.' This indicates that all components, including the kitchen and bathrooms, are brand new or virtually new, meeting current quality standards with no deferred maintenance. The extensive recent renovation qualifies it for an excellent condition score.
Pros & Cons

Pros

Extensive Recent Remodel: The property was fully remodeled in March 2025 and has never been occupied since, presenting as 'like new' with modern updates and move-in readiness.
Spacious & Versatile Living: Boasts a generous 4000 sqft of living space with 5 bedrooms and 4 bathrooms, situated on a large 24,725 sqft lot, offering ample room and a flexible layout with main floor living and additional downstairs bedrooms.
Significant Customization Potential: The property offers considerable potential for buyers to add their special finishing touches, customize closets, or enhance the outdoor space with additions like a pool or play area.
Desirable Panoramic Views: Features appealing views including City Lights, Hills, Mountains, Neighborhood, and Valley, enhancing the property's aesthetic value and appeal.
Motivated Seller Opportunity: Explicitly marketed by 'Motivated Sellers' with a call to 'Bring All Offers' and 'Opportunity Knocks,' suggesting potential for negotiation and a favorable acquisition.

Cons

Uncertain Seller Commitment: The owner's stated intention to potentially move into the property due to 'market conditions' creates significant uncertainty regarding their commitment to sell, despite being listed as 'Motivated Sellers'.
Incomplete Finishes & Additional Investment: While offering customization, the need to 'Add Your Special Finishing Touches' and potentially finish closets implies the property is not fully complete and may require immediate additional investment from the buyer.
Risk of Wasted Effort: The conflicting messages from the owner about selling versus occupying the property could lead to a frustrating and unproductive process for interested buyers and their agents.

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