
Morgan Hill, California 95037
This Prime Investment Opportunity is listed at $599,995, positioned well below the $617,047 Fair Market Value by 2%. This valuation gap offers $17,052 in Instant Equity. Featuring a Fair Condition Rating (1981 build), the property provides a spacious 1,204 sqft layout with a private deck and patio. While the elementary school rating is low, the location offers excellent commuter access. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking value-add potential in Morgan Hill.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 260 W Dunne Avenue 39 Subject | $599,995* List Price | 2 | 2 | 1,204 | $506 | - |
A 260 W Dunne Ave 34 Sold | $590,000 | 2 | 2 | 1,204 | $490 | 0.0 mi |
B 260 W. Dunne Avenue 18 Active | $674,900 List Price | 2 | 2 | 1,204 | $561 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981 (43 years old), the property appears well-maintained and move-in ready but remains largely dated. Visible features such as popcorn ceilings, older fluorescent bathroom lighting, and original-style vanities indicate it has not undergone a full modern renovation within the last 15 years, fitting the criteria for a property needing minor cosmetic updates.
The property is ideally situated near shopping, dining, and parks, offering excellent accessibility to major commuter routes for a convenient lifestyle.
At 1,204 square feet, this two-bedroom condo provides a more spacious interior layout compared to many newer, more compact developments in the area.
Priced under $600,000, this home represents a relatively affordable entry point into the Morgan Hill market, making it attractive for first-time buyers or investors.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =561, other record lot size in square feet = 640.
The assigned elementary school has a rating of 2, which may be a drawback for families prioritizing high-performing school districts.
The monthly association fee of $480 adds a significant recurring expense to the cost of ownership, which may impact the overall monthly budget for some buyers.
Welcome to this charming two-story corner-unit condo in the heart of Morgan Hill, offering the perfect blend of privacy, comfort, and convenience. Ideally positioned within the community with only one neighboring unit, this home enjoys a peaceful setting that feels tucked away while remaining just minutes from everything. Featuring 2 bedrooms and 1.5 bathrooms, the thoughtfully designed layout offers comfortable living spaces downstairs with both bedrooms privately located upstairs. Fresh interior paint and brand-new carpet create a bright, move-in-ready feel throughout. Cozy up by the inviting wood-burning and gas fireplace, or unwind outdoors on the private patioperfect for morning coffee or evening relaxation. The spacious primary bedroom also features its own private deck, creating a quiet retreat to enjoy fresh air. Located approximately half a mile from vibrant Downtown Morgan Hill, youll love the easy access to local dining, shopping, parks, and major commute routes. A low HOA adds even more value, making this an exceptional opportunity to own a private, well-located home in a desirable community.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.6 |
| Baths | 2.0 | 3.1 |
| Square foot | 1,204 | 1,714.5 |
| Lot Size | 561 | 1,928.25 |
| Price | $600.0K | $846.5K |
| Price per sq ft | $498 | $619 |
| Built year | 1981 | 2011 |
| HOA | $480.0 | $451 |
| Days on market | 47 | 133 |
Jul 24, 2026
$599,995
Initial Listing
Jan 4, 2000
$220,000
Public Record