
Morgan Hill, California 95037
This Spacious Condominium is a High-Potential Investment Opportunity, listed at $724,888—positioned well below the $761,389 Fair Market Value by 4%. This valuation gap offers $36,501 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home offers a functional layout with vaulted ceilings and greenbelt views, though it invites cosmetic modernization. With community pool access and proximity to downtown, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking value in Morgan Hill.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 179 Del Monte Lane Subject | $724,888* List Price | 3 | 3 | 1,720 | $443 | - |
A 217 Del Monte Lane Sold | $650,000 | 2 | 2 | 1,365 | $476 | 0.1 mi |
B 18424 Jade Lane Sold | $860,000 | 3 | 3 | 1,680 | $512 | 0.8 mi |
C 239 Jarvis Active | $672,200 List Price | 3 | 3 | 1,680 | $400 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986 (38 years old), the property is well-maintained but dated. While it features some cosmetic updates like laminate flooring and a vessel sink in the bathroom, the kitchen's Corian countertops and the overall interior finishes reflect a 15-30 year old renovation style. The systems are functional, but the home requires modern updates to meet current market standards.
The 1,720 sq. ft. floor plan is exceptionally well-designed, featuring vaulted ceilings, a separate family room with a fireplace, and a primary suite with a walk-in closet, providing a house-like feel.
The property is equipped with essential modern upgrades including central air conditioning, a full suite of kitchen appliances, and a convenient second-floor indoor laundry area.
Nestled in a lush, wooded community with greenbelt views, the residence offers access to premium amenities such as a fenced in-ground pool and spa, all while being close to downtown Morgan Hill.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1720, other record lot size in square feet = 2450.
The monthly HOA fee of $635 is significant and may impact the overall affordability and debt-to-income ratio for prospective buyers.
The assigned elementary school carries a low rating of 2, which could be a deterrent for families prioritizing high-performing primary education within the public school system.
Nestled in a lush, wooded community in Morgan Hill, this beautifully maintained 1,720 sq. ft. residence offers 3 spacious bedrooms and 2.5 bathrooms, including a well-appointed primary suite featuring a walk-in closet. The thoughtfully designed floor plan includes a convenient ground-floor half bath and a separate family room with a cozy fireplace and vaulted ceilings, creating an inviting atmosphere for everyday living and entertaining. The kitchen is equipped with solid surface Corian countertops, an eat-in dining area, pantry, and a full suite of appliances including an electric range, microwave, refrigerator, dishwasher, freezer, ice maker, garbage disposal, and range hood. Interior finishes include a blend of laminate and vinyl/linoleum flooring throughout. Additional features include central forced air heating, central air conditioning, and an indoor laundry area on the second floor with washer and dryer. The property also offers a spacious two-car garage. Residents enjoy access to community amenities including a fenced in-ground pool and spa. Conveniently located within the Morgan Hill Unified School District and a short distant to the downtown area.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 64% |
| Square foot | 1,720 | 1,493 | 64% |
| Lot Size | 1,720 | - | 95% |
| Price | $724.9K | $868.9K | 41% |
| Price per sq ft | $421 | $521 | 5% |
| Built year | 1986 | 2024 | 32% |
| HOA | $635.0 | $424 | 95% |
| Days on market | 13 | 236 | 5% |
May 24, 2026
$724,888
Initial Listing
Feb 27, 2013
$372,000
Public Record
Dec 12, 2008
$340,000
Public Record
May 4, 2006
$545,000
Public Record
Oct 10, 2000
$328,000
Public Record
Jan 20, 1999
$10,000
Public Record