1560 El Dorado Drive, Gilroy, California 95020, Gilroy, 95020 - 3 bed, 3 bath
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1560 El Dorado Drive
Gilroy, California 95020
ACTIVE
CONDITION: FAIR
3Beds
3Baths
2,540Sq Ft
10,411Lot Size
Property Price
LIST PRICE$1,099,000
EST. MARKET VALUE
$1,149,000
4% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,149,000—positioned well below the $1,184,293 Fair Market Value by 2%. This valuation gap offers $35,293 in Instant Equity. Featuring a 3-car garage and a 10,411 sq. ft. lot with a private pool, the home maintains a Condition Rating of 4. While the interior requires cosmetic modernization, the updated HVAC and windows provide a solid foundation. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build equity through personalization.
Estimated Market Value
$1,149,000+$50,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Gilroy.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1560 El Dorado Drive Subject 3 bd · 3 ba · 2,540 sqft · $452 | $1,099,000* List Price | 3 | 3 | 2,540 | $452 | - |
A 1494 Partridge Drive Sold 4 bd · 3 ba · 2,274 sqft · $539 · 0.7 mi | $1,225,000 | 4 | 3 | 2,274 | $539 | 0.7 mi |
B 1321 Fernwood Lane Sold 4 bd · 2 ba · 1,657 sqft · $552 · 0.6 mi | $915,000 | 4 | 2 | 1,657 | $552 | 0.6 mi |
C 7611 Westwood Drive Sold 3 bd · 3 ba · 1,860 sqft · $527 · 0.6 mi | $980,000 | 3 | 3 | 1,860 | $527 | 0.6 mi |
D 9358 Lone Deer Way Sold 5 bd · 3 ba · 2,658 sqft · $478 · 1.0 mi | $1,270,000 | 5 | 3 | 2,658 | $478 | 1.0 mi |
E 1219 Willow Court Active 4 bd · 3 ba · 2,242 sqft · $506 · 0.5 mi | $1,135,000 List Price | 4 | 3 | 2,242 | $506 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The home was built in 1971 and features some recent cosmetic updates including fresh paint, new flooring, and updated HVAC and windows. However, the kitchen and bathrooms remain dated and require modernization, and the pool water appears green and needs immediate maintenance.
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 = 10411, living area = 2540.
- Substantial Living & Lot Space
Boasting over 2,500 sqft of living space on a generous 10,400 sqft lot with a rare 3-car garage, this property offers exceptional scale and storage capacity that is difficult to find in the area.
- Key Infrastructure Updates
Recent improvements including fresh interior paint, new carpeting, updated windows, and a modernized HVAC system provide immediate comfort and significantly reduce near-term maintenance costs for the buyer.
CONSRISKS & DEFICIENCIES
- Cosmetic Modernization Needed
While refreshed with paint and carpet, the kitchen and bathrooms likely require further updates to meet contemporary luxury standards, as the listing highlights the opportunity for future personalization.
- Limited Bedroom Count
Despite the large 2,540 sqft footprint, the home only offers three bedrooms, which may limit its appeal to larger families who typically expect four or more bedrooms at this square footage and price point.
About 1560 El Dorado Drive
BIG ON SPACE, RICH IN POSSIBILITY With POOL, 3-CAR GARAGE & ROOM TO MAKE IT YOUR OWN. 10,400 sq. ft. lot 3 bedrooms 2.5 bathrooms approximately 2,540 sqft is the kind of space that is difficult to find! This floor plan provides distinct areas for both gathering & everyday living. The separate living room is great to entertain in, the family room is anchored by a fireplace & creates a cozy environment. The kitchen features a gas cooktop, double ovens, charming breakfast area, with plenty of opportunity for a future owner to personalize the space. On one side of the kitchen is the formal dining room & the other is a charming breakfast area. A spacious primary suite offers generous closet space & large private bath. Fresh interior paint & new carpet give the home a refreshed feel. Updated windows & an updated HVAC system add important improvements already in place. Each bedroom is spacious & has ample closet space. Outside is where the possibilities expand. Enjoy the pool for warm Gilroy days & room to reimagine the outdoor spaces. If space, flexibility and the opportunity to create a home that reflects your style are on your wish list, 1560 El Dorado Drive deserves a closer look. #Gilroyrealestate#threecargarage#
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1971
- Lot Size
- 10,411 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Gilroy Unified Schools
Luigi Aprea Elementary School
Grades K-5 • 0.8 mi
6/10
Las Animas Elementary School
Grades K-5 • 2.0 mi
7/10
Solorsano Middle School
Grades 6-8 • 1.1 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 2.8 |
| Square foot | 2,540 | 2,196.322 |
| Lot Size | 10,411 | 6,856.437 |
| Price | $1.10M | $1.13M |
| Price per sq ft | $433 | $537 |
| Built year | 1971 | 1995 |
| HOA | $0 | $175 |
| Days on market | 31 | 51 |
Pricing History
Listed for Sale
Oct 10, 2026
$1,099,000
$1,149,000
-4% Price Drop
Initial Listing
Price Change
Sep 23, 2026
$1,149,000
Initial Listing