
Morgan Hill, California 95037
This property presents a High-Potential Investment Opportunity with a List Price of $1,299,000—positioned well below the $1,334,319 Fair Market Value by 2%. This valuation gap offers $35,319 in Instant Equity for buyers willing to execute a comprehensive renovation. Featuring a Condition Rating of 5, the home requires significant capital investment to modernize. With a massive 19,800 sqft lot and scenic mountain views, this is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project in Holiday Lake Estates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17495 Blue Jay Drive Subject | $1,299,000* List Price | 3 | 3 | 2,320 | $575 | - |
A 17590 Holiday Drive Pending | $1,272,000 List Price | 4 | 4 | 1,968 | $646 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1975 and held by original owners, the property is explicitly described as a 'true fixer-upper' and 'contractor/flipper special' needing a 'great deal of work.' Given the age of nearly 50 years without significant renovations, the kitchen, baths, and systems likely require a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19800, living area = 2320.
Situated in the exclusive Holiday Lake Estates on a well-maintained street, offering a prestigious address and a high-quality neighborhood environment.
Marketed as a 'contractor/flipper special,' this property presents a rare opportunity to substantially increase equity through a comprehensive renovation in a high-demand area.
The home is a 'true fixer-upper' needing a great deal of work, which will require significant capital investment, time, and construction expertise.
With a substantial association fee and a high entry price point, the carrying costs during a lengthy renovation period could impact overall project profitability.
Opportunity awaits on Blue Jay Drive!! This home is situated on a well maintained street in exclusive Holiday Lake Estates ... but needs a great deal of work - a true fixer-upper. Priced to sell immediately - "contractor/flipper special". Original owners with great neighbors. The right people could literally double their investment. Make all offers!
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades K-8 • 1.2 mi
Grades 6-8 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,320 | 2,310.964 |
| Lot Size | 19,800 | 8,529.821 |
| Price | $1.30M | $1.54M |
| Price per sq ft | $560 | $687 |
| Built year | 1975 | 1993 |
| HOA | $1193.0 | $150 |
| Days on market | 13 | 42 |
Aug 27, 2026
$1,299,000
Initial Listing