1610 Calabrese Way, Gilroy, California 95020, Gilroy, 95020 - 3 bed, 2 bath
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Gilroy, California 95020
This Spacious Hillside Residence is a Prime Investment Opportunity, listed at $1,269,000—positioned well below the $1,299,000 Fair Market Value by 2%. This valuation gap offers $30,000 in Instant Equity. Maintaining a Good Condition Rating, the home features a modernized granite kitchen, vaulted ceilings, and a guest suite with separate entry for passive income. Set on a 13,800 sq ft lot with east hill views near Luigi Aprea Elementary, it balances lifestyle with financial logic. This is an ideal match for Owner-Occupants or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1610 Calabrese Way Subject | $1,269,000* List Price | 3 | 2 | 2,226 | $584 | - |
A 1250 Driftwood Sold | $925,000 | 3 | 2 | 1,503 | $615 | 0.7 mi |
B 1796 Colony Way Sold | $1,490,000 | 4 | 3 | 2,752 | $541 | 0.6 mi |
C 9123 Rancho Hills Drive Pending | $1,349,888 List Price | 5 | 3 | 2,516 | $537 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1986-built home is in move-in ready condition with significant updates that elevate it above the 'fair' category. The kitchen has been modernized with granite countertops, stainless steel appliances (including a warming drawer), and recessed lighting. The bathrooms have been recently remodeled with contemporary finishes. While the property features a mix of flooring types, the engineered wood and updated carpets present well. The presence of vaulted ceilings, skylights, and a well-maintained guest suite further supports a 'good' rating, as the home has been extensively updated within the last 5-15 years and shows minimal wear.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13800, living area = 2226.
The property includes a guest suite attached to the garage with a separate entry, providing a rare opportunity for rental income or a private multi-generational living arrangement.
Situated on a substantial 13,800 square foot hillside lot, the home offers desirable views of the east hills and significant outdoor space for potential landscaping or expansion.
The blend of five different flooring materials—engineered wood, laminate, tile, vinyl, and linoleum—may create a disjointed aesthetic that lacks the cohesion expected in this price bracket.
With 2,226 square feet of living space, a three-bedroom configuration is relatively low, which may limit appeal for larger families compared to other homes of similar size.
Welcome to this charming 3-bedroom, 2-bathroom home nestled in the desirable city of Gilroy. Spanning a generous 2,226 square feet, on a hill side with a view of the east hills, this residence features a well-appointed kitchen complete with granite countertops, a gas cooktop, oven, dishwasher, garbage disposal, and even a warming drawer perfect for any culinary enthusiast. The formal dining room, separate family room and game room provide ample space for entertaining. Recent remodeled bathrooms give a fresh appeal. The home boasts amenities such as vaulted and high ceilings with skylights, enhancing the sense of space and light throughout. Flooring is a blend of engineered wood, laminate, tile, and vinyl/linoleum, adding both durability and style. Cozy up by the fireplace on cooler evenings or enjoy the convenience of inside laundry facilities. Located within the Gilroy Unified School District, this property is set on a spacious 13,800 square foot lot, offering plenty of outdoor potential. Additional features include central air conditioning and heating, as well as a 2-car garage. Attached to the garage is a guest suite with a separate entry that can be used for passive income.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 2.1 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 24% |
| Baths | 2.0 | 3.0 | 27% |
| Square foot | 2,226 | 2,503 | 45% |
| Lot Size | 13,800 | 6,882 | 84% |
| Price | $1.27M | $1.15M | 58% |
| Price per sq ft | $570 | $514 | 68% |
| Built year | 1986 | 1998 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 69 | 154 | 23% |
Apr 6, 2026
$1,269,000
$1,299,000
-2% Price Drop
Initial Listing
Feb 12, 2026
$1,299,000
Initial Listing
Dec 29, 2021
$1,210,000
Public Record
Apr 4, 2014
$650,000
Public Record
Jun 14, 2000
$518,000
Public Record