2718 Ferguson Road, Gilroy, California 95020, Gilroy, 95020 - 4 bed, 2 bath
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Gilroy, California 95020
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.
Property is moderate renovation needed.
Originally built in 1937, the property is well-maintained and move-in ready but lacks modern updates. The kitchen and bathrooms feature dated tile work, older cabinetry, and basic fixtures consistent with a home that has undergone regular upkeep rather than a full contemporary renovation. While the flooring and paint appear to be in good condition, the overall aesthetic and systems reflect the property's age.
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.
The property features two separate homes on over 16 acres, offering a rare opportunity for multi-generational living or immediate rental income from the second unit.
With nearly 17 acres of land currently leased for row crops and a shared agricultural well, the property provides established farming infrastructure and passive income.
Originally built in 1937, the structures may require significant modernization or repairs to meet contemporary standards and efficiency.
Prospective buyers face a complex verification process regarding zoning, water rights, and existing land/residential lease terms before finalizing the purchase.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 27% |
| Square foot | 2,100 | 2,503 | 39% |
| Lot Size | 728,758 | 6,882 | 99% |
| Price | $1.90M | $1.15M | 92% |
| Price per sq ft | $905 | $514 | 98% |
| Built year | 1937 | 1998 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 259 | 158 | 91% |
Feb 16, 2026
$1,899,999
$1,999,999
-5% Price Drop
Initial Listing
Aug 6, 2025
$1,999,999
Initial Listing