
Morgan Hill, California 95037
This Single Family Residence represents a High-Potential Investment Opportunity, currently listed at $1,099,999, which aligns with its $1,099,999 Fair Market Value. While the home carries a Condition Rating of 4 due to its dated 1978 interior, the seller has proactively completed major structural repairs, including foundation work and a roof with 20 years of life remaining. The expansive 35,000 sq ft lot and serene, treehouse-like views offer significant upside for cosmetic modernization. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a private, customizable retreat near Downtown Morgan Hill.
Property is moderate renovation needed.
Built in 1978, the home is nearly 50 years old and features a very dated interior, including older bathroom vanities and finishes that require cosmetic updates. While the seller has recently repaired major structural and foundational issues, the interior is ripe for a full cosmetic remodel.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 35000, living area = 2316.
The seller has proactively addressed major structural and external items, including foundation repairs, a roof with 20 years of life remaining, and a passed sewer lateral inspection, significantly reducing the buyer's immediate risk and capital expenditure.
Situated on a generous 35,000 sq ft lot in Holiday Lake Estates, the property offers a serene, treehouse-like setting with mature oak trees and exceptional privacy, rare for its proximity to downtown.
The interior requires a full cosmetic remodel to modernize the 1978 aesthetic, which may deter buyers looking for a move-in-ready home or those without additional renovation financing.
With 81 days on the market and two significant price reductions from the original list price, the property may face a perception challenge regarding its value versus the cost of necessary interior upgrades.
Holiday Lake Estates gem! This spacious 3BR/2.5BA, 2,316 sq ft home sits on a private, serene 35,000 sq ft lot surrounded by mature oak trees and local wildlife, creating a peaceful, treehouse-like setting. The seller has addressed the majority of external and structural items noted in the property inspection, allowing you to focus entirely on interior cosmetics. The roof is in good condition and has ~20 years of life remaining, the sewer lateral inspection has passed, and a majority of the termite and property inspection repairs have been completed. Additionally, a licensed foundation company has repaired the foundation issues called out in the property inspection. Perfected for a stunning transformation, bring your design ideas to remodel this fully electric home into your own natural retreat. Enjoy absolute seclusion with a low ~$100/mo HOA fee, all while staying less than 5 miles from Downtown Morgan Hill's boutique shopping and dining. Outdoor lovers will appreciate being minutes from hiking and biking trails at Rosendin Park and Henry W. Coe State Park.
No exterior & parking available.
Grades K-5 • 2.2 mi
Grades K-8 • 1.1 mi
Grades 6-8 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,316 | 2,354.219 |
| Lot Size | 35,000 | 9,329.156 |
| Price | $1.10M | $1.50M |
| Price per sq ft | $475 | $674 |
| Built year | 1978 | 1992 |
| HOA | $1193.0 | $192 |
| Days on market | 106 | 45 |
Sep 9, 2026
$1,099,999
$1,199,999
-8% Price Drop
Initial Listing
Aug 18, 2026
$1,199,999
$1,299,999
-8% Price Drop
Initial Listing
Jul 10, 2026
$1,299,999
Initial Listing
Feb 2, 2009
$631,000
Public Record
Jun 24, 2005
$810,000
Public Record