2718 Ferguson Road, Gilroy, California 95020, Gilroy, 95020 - 4 bed, 2 bath
2718 Ferguson Road
Gilroy, California 95020
Property Price
SUMMARY
Analysis of 2718 Ferguson Road, Gilroy, California 95020 is currently available with a list price of $1,899,999. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Gilroy Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is well-maintained and functional but significantly dated. Built in 1937, the interior shows signs of older renovations, likely from 20-30 years ago, including tile flooring, popcorn ceilings, and wall-mounted heaters. The kitchen features older wood cabinetry and tile countertops with dated appliances. While move-in ready, the home lacks modern energy-efficient systems and contemporary finishes, fitting the criteria for a 'fair' condition score.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 728758, living area = 2100.
- Dual Residential Units
The property features two separate homes with independent entrances and yards, offering a rare setup for multi-generational living or immediate rental income.
- Significant Acreage
Spanning ±16.73 acres, this expansive lot provides vast opportunities for agricultural use, investment, or private rural development in a desirable location.
CONSRISKS & DEFICIENCIES
- Aging Structures
Originally built in 1937, the homes likely require modernization and may have deferred maintenance issues typical of properties of this vintage.
- Complex Due Diligence
The buyer is responsible for verifying intricate details regarding zoning, land lease terms, and water rights, which adds a layer of risk and effort to the purchase.
- Shared Utility Dependency
Reliance on a shared well for both domestic and agricultural needs can lead to potential complications regarding usage limits and long-term maintenance agreements.
About 2718 Ferguson Road
Back on market after the holidays with a $100,000 price improvement. Rare opportunity to own ±16.73 acres with two separate homes, ideal for multi-generational living, farming, or investment. Each home has its own entrance and fenced yard. The main home is approx. 2,100 sq ft with 4 bedrooms and 2 baths (vacant and easy to show). The second home is approx. 1,220 sq ft with 2 bedrooms and 1 bath (currently leased). Land is leased for growing row crops. Property features a shared agricultural & domestic well. Enjoy peaceful rural living with strong income potential, just minutes to Gilroy Premium Outlets, Costco, Lowes, and Home Depot, with easy access to Hwy 101 and Hwy 152. Approximately 40 minutes to Silicon Valley. Buyer to verify all square footage, zoning, land lease terms, water rights, and rental income to their satisfaction. Some photos have been virtually staged.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1937
- Lot Size
- 728,758 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 29% |
| Square foot | 2,100 | 2,271.5 | 43% |
| Lot Size | 728,758 | 6,851 | 99% |
| Price | $1.90M | $1.14M | 91% |
| Price per sq ft | $905 | $518 | 98% |
| Built year | 1937 | 1998 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 213 | 175 | 81% |
Pricing History
Listed for Sale
Feb 16, 2026
$1,899,999
$1,999,999
-5% Price Drop
Initial Listing
Price Change
Aug 6, 2025
$1,999,999
Initial Listing