
Morgan Hill, California 95037
This Multigenerational Luxury Estate is a Strong Value Opportunity, listed at $3,888,888—positioned well below the $4,060,435 Fair Market Value by 4%. This valuation gap offers $171,547 in Instant Equity. Featuring an Excellent Condition Rating, the home includes a remodeled kitchen, pool and spa, and a detached guest house. With its expansive lot and versatile layout, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end, move-in ready residence with significant long-term potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1720 Jasper Highlands Drive Subject | $3,888,888* List Price | 6 | 9 | 6,960 | $583 | - |
A 18600 Castle Ridge Drive Active | $3,195,000 List Price | 5 | 7 | 5,848 | $546 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 1998 but qualifies as excellent due to extensive recent renovations including a remodeled kitchen with quartzite countertops, new flooring throughout, and updated bathrooms. The property is in mint condition with modern systems like solar panels and a recently resurfaced pool, fitting the <5 year renovation criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 114127, living area = 6960.
The estate features a substantial detached guest house with a studio apartment and private entry, providing rare flexibility for extended family, long-term guests, or a high-end home office setup.
Recent renovations including a remodeled kitchen with quartzite countertops, new flooring throughout, and updated pool surfacing ensure the home feels modern and move-in ready despite its 1998 build.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 6960, other record living area = 5171. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
The scale of the 6,960 square foot residence, nine bathrooms, and over 2.6 acres of land necessitates a significant budget for ongoing maintenance, landscaping, and utility costs.
While the interior finishes have been refreshed, the 1998 construction date suggests that original structural components or mechanical systems may be approaching the end of their typical lifespan.
This one-of-a-kind multigenerational luxury estate features a stunning main residence with 4 bedrooms, 4 full baths, and 2 half baths, plus a detached guest house offering 2 bedrooms, 3.5 baths, and a studio apartment. Ideally located just minutes from Downtown shopping, dining, and entertainment. The main level features a spacious primary suite with dual bathrooms and walk-in closets, private office/library, fully equipped gym, and state-of-the-art media room. Recently remodeled kitchen showcasing refinished cabinetry, new quartzite countertops, and updated finishes, ideal for both everyday living and entertaining. New flooring has been installed throughout much of the home along with an updated handrail, adding to the properties refreshed modern feel. Outdoor spaces include a beautiful pool and spa with recently updated pool surfacing and an expansive patio perfect for entertaining. Detached guest house includes two additional bedroom suites with private entry to a lower-level unit ideal for guest quarters, in-laws, studio space, or storage. Five garages accommodate up to six vehicles with ample room for a workshop, toys, or additional storage. A truly unique property offering the flexibility and feel of multiple homes on one lot.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 96% |
| Baths | 9.0 | 3.0 | 99% |
| Square foot | 6,960 | 2,497 | 99% |
| Lot Size | 114,127 | 8,418 | 95% |
| Price | $3.89M | $1.52M | 98% |
| Price per sq ft | $559 | $684 | 14% |
| Built year | 1998 | 1991 | 58% |
| HOA | $0 | $51 | 48% |
| Days on market | 11 | 123 | 1% |
Jun 2, 2026
$3,888,888
Initial Listing
Feb 22, 2022
$3,750,000
Public Record
Jan 9, 2009
$2,300,000
Public Record
May 25, 2007
$3,000,000
Public Record