
Morgan Hill, California 95037
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,950,000—positioned well above the $1,893,359 Fair Market Value by -2%. Featuring a Fair Condition Rating, the home offers a versatile 3,263 sqft floor plan with a ground-floor bedroom, private pool, and new deck. While the solar lease and modest school ratings require consideration, the property’s size and layout provide significant upside for cosmetic modernization. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable, large-scale family home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17520 Serene Drive Subject 4 bd · 3 ba · 3,263 sqft · $580 | $1,950,000* List Price | 4 | 3 | 3,263 | $580 | - |
A 17679 Serene Drive Sold 5 bd · 5 ba · 3,373 sqft · $600 · 0.2 mi | $2,025,000 | 5 | 5 | 3,373 | $600 | 0.2 mi |
B 585 Calle Siena Sold 5 bd · 4 ba · 3,727 sqft · $543 · 0.4 mi | $2,025,000 | 5 | 4 | 3,727 | $543 | 0.4 mi |
C 18042 Calle Central Sold 4 bd · 4 ba · 3,414 sqft · $557 · 0.5 mi | $1,900,000 | 4 | 4 | 3,414 | $557 | 0.5 mi |
D 17629 Bentley Drive Sold 5 bd · 5 ba · 3,373 sqft · $548 · 0.2 mi | $1,850,000 | 5 | 5 | 3,373 | $548 | 0.2 mi |
E 517 Calle Florencia Sold 5 bd · 3 ba · 2,587 sqft · $657 · 0.5 mi | $1,700,000 | 5 | 3 | 2,587 | $657 | 0.5 mi |
F 844 Black Walnut Way Active 5 bd · 4 ba · 3,573 sqft · $610 · 0.0 mi | $2,180,000 List Price | 5 | 4 | 3,573 | $610 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990 (34 years old), the property is well-maintained and functional but remains largely dated in its aesthetic. While the kitchen features granite countertops and there are recent updates like a new deck and pool equipment, the overall interior—including the 90s-style railings, flooring, and fixtures—falls into the 'Fair' category as it requires cosmetic updates to meet modern standards.
The expansive 3,263 sqft floor plan includes a highly desirable ground-floor bedroom and full bath, plus a large bonus room and loft, offering exceptional flexibility for multi-generational families or remote work.
The property features a private backyard oasis complete with a swimming pool featuring new equipment and a brand-new deck, perfect for entertaining in Morgan Hill's Mediterranean climate.
Equipped with essential modern conveniences including central AC, a detached three-car garage, and a solar system to offset energy costs, ensuring both comfort and long-term utility savings.
The solar system is split between owned and leased components, which may complicate the transfer process and requires buyers to assume existing lease obligations.
The assigned elementary and middle schools carry lower performance ratings (3/10 and 5/10 respectively), which could be a concern for education-focused buyers and impact future resale value.
Spacious, open, light & bright 4-bed, 3-bath home offering approx. 3,263sf of living space with ground-floor bed & full bath in desirable Morgan Hill. Designed for comfortable everyday living, kitchen features granite countertops, gas cooktop, abundant cabinetry & storage, dishwasher, trash compactor & separate eat-in area The home offers multiple gathering spaces, including a formal dining room that steps down into the living room with soaring ceilings and a large loft overlooking downstairs. Hardwood & laminate floors upstairs & downstairs,Three fireplaces located in the FR, LR & Spacious primary suite features a walk-in closet & fireplace, primary bathroom offers dual sinks, a jetted tub, and separate stall shower.Central AC, large bonus room upstairs, an interior laundry room with washer & dryer, detached 3-car garage.beautiful Private Backyard with a new deck. New Pool equipments. Solar system half owned and half leased.Ideally located in Morgan Hill, just minutes from the charm, restaurants, shopping & entertainment of Downtown Morgan Hill, this spacious property offers an exceptional combination of comfort, convenience & versatile living space.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades 6-8 • 9.1 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,263 | 2,354.219 |
| Lot Size | 9,200 | 9,329.156 |
| Price | $1.95M | $1.50M |
| Price per sq ft | $598 | $674 |
| Built year | 1990 | 1992 |
| HOA | $330.0 | $192 |
| Days on market | 39 | 45 |
Oct 17, 2026
$1,950,000
$2,020,000
-3% Price Drop
Initial Listing
Sep 15, 2026
$2,020,000
Initial Listing
Jul 6, 2007
$1,025,000
Public Record