
Morgan Hill, California 95037
This Spacious Single-Story Residence represents a Strong Value Opportunity, listed at $1,448,000—positioned well below the $1,452,597 Fair Market Value by 0.32%. With a Condition Rating of 4, the home offers a functional layout with significant upside for cosmetic modernization. The expansive 10,990 sqft lot provides exceptional ADU potential and outdoor utility. This property is an ideal acquisition for Owner-Occupants seeking to personalize a well-maintained home or Value-Add Investors looking to capitalize on the generous lot size and prime Morgan Hill location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17387 Walnut Grove Drive Subject 4 bd · 3 ba · 2,254 sqft · $644 | $1,448,000* List Price | 4 | 3 | 2,254 | $644 | - |
A 517 Calle Florencia Sold 5 bd · 3 ba · 2,587 sqft · $657 · 0.6 mi | $1,700,000 | 5 | 3 | 2,587 | $657 | 0.6 mi |
B 595 Caprice Ct Sold 4 bd · 2 ba · 1,652 sqft · $642 · 0.4 mi | $1,060,000 | 4 | 2 | 1,652 | $642 | 0.4 mi |
C 475 Calle Asta Active 4 bd · 3 ba · 2,121 sqft · $707 · 0.6 mi | $1,499,000 List Price | 4 | 3 | 2,121 | $707 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1993 (31 years old), the property is well-maintained but largely dated. While it features some updates like stainless steel appliances, laminate flooring, and a newer glass shower enclosure, the tile countertops and oak cabinetry reflect the original construction era. The home is functional and move-in ready but requires cosmetic modernization to be considered 'Good' or 'Excellent' by current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10990, living area = 2254.
The exceptional 10,990 sqft lot features a sophisticated timed drip irrigation system and offers ample space for a private retreat or the addition of an ADU, providing significant value-add potential.
Spanning approximately 2,254 sqft on a single level, the home features high ceilings and a spacious family room, catering to buyers seeking accessibility and an airy, open feel.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The conversion of the original living and dining rooms into bedrooms may disrupt the home's natural flow and require additional investment for buyers wishing to restore the traditional layout.
The solar system is leased rather than owned, which may be a deterrent for buyers who prefer to avoid ongoing contract assumptions or seek the full tax benefits of ownership.
Light & bright single story, approx. 2,254sf 4 bed /3 bath home situated on an exceptional 10,990 sf lot. Spacious family room with fireplace. High ceilings in the FR & Master Room. Kitchen has SS appliances, lots of cabinets & storage.The original living and dining rooms have been converted into bedrooms but can easily be converted back. Tile floors in kitchen, bathrooms, laundry room, and entry, laminate flooring extends throughout remainder of the home. 3 car garage w/access to the attic for added storage. ceiling fans in nearly every room, skylights in bathrooms & hallway fire sprinklers throughout, leased solar system & central A/C. Vivint Security System w/cameras around house. Backyard is a gardener's dream, featuring garden beds & planter boxes with timed zone drip irrigation system set to each raised box & lawn in the front and back yards with room for ample space for flowers, vegetables, and fruit. The expansive outdoor setting also provides wonderful possibilities for entertaining, relaxing, creating your own private backyard retreat or adding an ADU. Ideally located near highly regarded schools, shopping, dining & vibrant downtown MH, this distinctive property combines space, natural light, presenting a wonderful opportunity to personalize the home & make it your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,254 | 2,354.219 |
| Lot Size | 10,990 | 9,329.156 |
| Price | $1.45M | $1.50M |
| Price per sq ft | $642 | $674 |
| Built year | 1993 | 1992 |
| HOA | $0 | $192 |
| Days on market | 22 | 45 |
Oct 16, 2026
$1,448,000
$1,488,000
-3% Price Drop
Initial Listing
Oct 2, 2026
$1,488,000
Initial Listing
Oct 18, 2017
$868,000
Public Record