15565 Armsby Lane, Morgan Hill, California 95037, Morgan Hill, 95037 - 4 bed, 3 bath
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15565 Armsby Lane
Morgan Hill, California 95037
ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,821Sq Ft
127,083Lot Size
Property Price
LIST PRICE$1,599,999
EST. MARKET VALUE
$1,751,965
8% BelowMARKET VALUE
SUMMARY
This Spacious Hillside Retreat is a Strong Value Opportunity, listed at $1,599,999—positioned well below the $1,751,966 Fair Market Value by 8%. This valuation gap offers $151,967 in Instant Equity. Featuring a 4-bedroom layout with a lower-level guest suite, the home is in Fair Condition, offering significant potential for cosmetic personalization. With owned solar, central AC, and a private 3-acre lot, it balances lifestyle with financial upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile property.
Estimated Market Value
$1,751,965+$151,966 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Morgan Hill.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1974, the property is exceptionally well-maintained but features dated interior finishes including wood paneling and oak cabinetry in the bathrooms that appear to be over 20 years old. While it benefits from modern systems like owned solar and central AC, the kitchen and baths require cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 127083, living area = 2821.
- Multi-Generational Potential
The spacious lower-level guest suite features a private entrance, living area, and full bath, offering excellent flexibility for extended family, a home office, or rental income.
- Private Acreage & Location
Situated on nearly 3 private acres with mature oaks and a gated entrance, the property provides a serene hillside retreat while remaining just minutes from downtown Morgan Hill and Highway 101.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2821, other record living area = 2331. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Dated Interior Finishes
Built in 1974, the home is described as an opportunity for personalization, suggesting that cosmetic updates and modernizations are likely needed to meet current luxury standards.
- Above-Ground Pool
While integrated with a custom deck, the above-ground pool may be perceived as a less permanent or desirable feature compared to a traditional in-ground pool in this price bracket.
About 15565 Armsby Lane
Leave the noise behind without leaving town. Tucked among the majestic oaks on nearly 3 private acres, this peaceful hillside retreat offers the perfect balance of privacy, flexibility & convenience. Just minutes from downtown MoHi. This well-maintained 2,821± sf home w 4 bedrooms / 3 baths, including a spacious lower-level guest suite complete w its own private entrance, living area, bedroom & bath; ideal for extended family, guests, a live-in caregiver, home workout area or rental income potential. Designed to embrace its natural surroundings, expansive decks overlook the sparkling pool creating the perfect setting for morning coffee, sunsets, or entertaining beneath the trees. Wrapped w a custom deck, the above-ground pool blends beautifully into the landscape. Inside, the home has been lovingly cared for over the years offering an excellent opportunity for a new owner to personalize the interior while enjoying the comfort of central AC, owned solar, and quality maintenance throughout. Additional amenities include a gated entrance, detached two-car garage, generous parking, and a peaceful setting surrounded by mature oak trees. Enjoy all the tranquility of country living without sacrificing the convenience of being just minutes from shopping, dining, schools, and Highway 101.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1974
- Lot Size
- 127,083 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,821 | 2,310.964 |
| Lot Size | 127,083 | 8,529.821 |
| Price | $1.60M | $1.54M |
| Price per sq ft | $567 | $687 |
| Built year | 1974 | 1993 |
| HOA | $0 | $150 |
| Days on market | 48 | 42 |
Pricing History
Listed for Sale
Jul 23, 2026
$1,599,999
Initial Listing