17300 Chesbro Lake Drive, California, Morgan Hill, 95037 - 5 bed, 3 bath

17300 Chesbro Lake Drive, California home-pic-0

17300 Chesbro Lake Drive

California

ACTIVE
CONDITION: GOOD
5Beds
3Baths
4,555Sq Ft
877,747Lot Size

Property Price

LIST PRICE$1,998,000

SUMMARY

Analysis of 17300 Chesbro Lake Drive, California is currently available with a list price of $1,998,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the California Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 1991, this property features a beautifully remodeled kitchen with modern Shaker style cabinets, quartz countertops, and stainless steel appliances, indicating a significant recent update. The flooring in the bedrooms appears new (LVP), and hardwood floors in other living areas are well-maintained. While the property is over 20 years old, the key updates, particularly in the kitchen, make it move-in ready with no immediate major renovations required. Some components, like the deck, show minor wear, and bathrooms are not explicitly detailed or pictured as fully renovated, preventing an 'Excellent' rating. However, the extensive kitchen renovation and overall well-maintained appearance align perfectly with the 'Good' condition criteria.

PROSSTRENGTHS & OPPORTUNITIES

  • Unobstructed Lake Views

    Offers magnificent, unobstructed views of Chesbro Lake from multiple rooms and the deck, a truly unique and highly desirable feature for the area.

  • Expansive 20+ Acre Lot

    Sits on over 20 acres, providing exceptional privacy, vast space, and potential for various uses or future development.

  • Remodeled Kitchen

    Features a beautifully remodeled kitchen with gorgeous Shaker style cabinets, quartz counters, and stainless steel appliances, offering a modern and functional heart of the home.

CONSRISKS & DEFICIENCIES

  • Potential for Additional Updates

    Built in 1991, while the kitchen is remodeled, other areas and systems (e.g., bathrooms, HVAC, windows) may require further updates to align with modern buyer expectations and maximize value.

  • Extensive Lot Maintenance

    The expansive 20+ acre lot, while a significant asset, will require substantial ongoing maintenance, time, and cost for the homeowner.

  • Lack of Explicit Cooling System

    The description highlights a wood-burning fireplace but does not explicitly mention a central cooling system, which could be a comfort concern during warmer periods in California.

About 17300 Chesbro Lake Drive

Welcome to the Castle on the Hill. There are NO other properties in Morgan Hill with such Magnificent unobstructed views of Chesbro Lake! It is truly one of a kind. This home has a host of exquisite features that begin with a beautifully remodeled kitchen with gorgeous Shaker style cabinets, quartz counters, stainless steel appliances and VIEWS! Standing at the kitchen sink will never feel the same again! The family room is a vast space that has a sun room in front a cozy wood burning fireplace and a large balcony/deck where you can see birds flying and fish jumping in the lake. Imagine enjoying your favorite beverage while BBQing or just relaxing on this deck. More great main level areas are the formal dining and living room, a huge bonus room and a separate office, guest bed and a full bath. The primary retreat has a huge bath and also has spectacular views. This must see property sits on over 20 acres, has a workshop on site and is only minutes from downtown Morgan Hill!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1991
Lot Size
877,747 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.04.0
73%
Baths3.03.0
50%
Square foot4,5552,401
89%
Lot Size877,7478,266
98%
Price$2.00M$1.50M
72%
Price per sq ft$439$660
8%
Built year19911991
50%
HOA$0$80
43%
Days on market1097163
0%

Pricing History

Listed for Sale

Mar 6, 2023

$1,998,000

Initial Listing

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