
Morgan Hill, California 95037
This Spectacular Remodeled Executive Estate is a Prime Investment Opportunity, listed at $2,198,000—positioned well below the $2,308,050 Fair Market Value by 4%. This valuation gap offers $110,050 in Instant Equity for buyers. Boasting a Mint Condition Rating, the residence features panoramic Lake Anderson views, a six-car EV-ready garage, and an attached apartment for rental income. Located near Jackson Academy, this property balances lifestyle luxury with significant financial upside. It is the perfect fit for Multigenerational Families or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17112 Shady Lane Drive Subject | $2,198,000* List Price | 5 | 5 | 5,257 | $418 | - |
A 15605 Oakridge Court Active | $1,699,000 List Price | 5 | 3 | 3,800 | $447 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1986, the property has undergone an extensive contemporary remodel within the last 5 years. Key updates include luxury vinyl plank flooring, a fully remodeled kitchen with granite countertops and high-end stainless steel appliances, and updated bathrooms. Modern system upgrades are evident with the inclusion of four EV-ready 220V outlets and recessed lighting, placing it in mint, move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27832, living area = 5257.
The property includes a fully equipped attached apartment with its own kitchen, bedroom, and living area, providing excellent potential for rental income, guest housing, or multigenerational living.
Perched in Holiday Lake Estates, the home offers breathtaking panoramic views of Lake Anderson and the Eastern Foothills, enhanced by an expansive wrap-around deck and a complete outdoor kitchen.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5257, other record living area = 4326.
A substantial $300,000 price reduction shortly after the initial listing suggests the property may have faced market resistance or aggressive initial pricing.
The local public schools carry average ratings (5-6), which may be a drawback for families specifically seeking the top-tier academic districts often found in neighboring Silicon Valley suburbs.
Spectacular Remodeled Contemporary (5) Bedroom, (4.5) Bathroom Sun-Lit Executive Home Offers 5,257 Sq Ft Perched on a 27,832 Sq Ft Lot w/Attached Apartment Overlooking Lake Anderson & the Eastern Foothills in Desirable Holiday Lake Estates. Light & Bright Open & Flowing Floor Plan Offers Vaulted Ceilings w/Formal Living Room, Large Dining Area, Two Lofts, Full Size Bar & Family Room All w/Views. Expansive Kitchen Boasts Wood Cabinetry, Granite Counter Tops, SS Refrigerator, Dishwasher, Cooktop, Oven, Microwave & Double Sink. Retreat to the Owners Bedroom w/Oversized En-Suite Featuring Sunken Tub, Stone Counter Tops, Tile Flooring & Shower Surround, Walk -In Closet & Private Balcony w/Views, Remodeled Guest Bathrooms, Luxury VP Flooring, Recessed Lighting, Dumb Waiter, Laundry Room w/Chute & Six Car Garage w/(4) EV -Ready 220V Outlets. Separate Apartment w/Large Bedroom, Bathroom, Kitchenette, Dining Room & an Abundance of Storage is Ideal for Multigenerational Living, Guests or Rental. Enjoy Indoor-Outdoor Living & Unwind on the Wrap Around Deck w/Outdoor Kitchen & Spectacular Views of the Mountains & Sunsets or Enjoy the Newly Landscaped Private Back Yard w/Hog Wire Fencing, Mature Landscaping, Space for Play & Entertaining.
No exterior & parking available.
Grades K-5 • 2.0 mi
Grades K-8 • 1.0 mi
Grades 6-8 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 72% |
| Baths | 5.0 | 3.0 | 85% |
| Square foot | 5,257 | 2,470 | 98% |
| Lot Size | 27,832 | 8,266 | 83% |
| Price | $2.20M | $1.48M | 77% |
| Price per sq ft | $418 | $683 | 2% |
| Built year | 1986 | 1991 | 43% |
| HOA | $100.0 | $80 | 59% |
| Days on market | 94 | 123 | 34% |
Mar 12, 2026
$2,198,000
$2,498,000
-12% Price Drop
Initial Listing
Mar 5, 2026
$2,498,000
Initial Listing
Oct 15, 2021
$1,630,000
Public Record
Apr 14, 2005
$1,283,500
Public Record