2865 Hay Loft Way, Morgan Hill, California 95037, Morgan Hill, 95037 - 3 bed, 2 bath
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Morgan Hill, California 95037
This Single-Family Residence is a Strong Value Opportunity, listed at $1,199,000—positioned well below the $1,238,584 Fair Market Value by 3%. This valuation gap offers $39,584 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, wraparound deck, and panoramic views. Located in a quiet cul-de-sac near Jackson Academy, this property balances lifestyle appeal with financial stability. It is an ideal acquisition for Owner-Occupants seeking a turnkey home or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2865 Hay Loft Way Subject | $1,199,000* List Price | 3 | 2 | 1,706 | $726 | - |
A 16900 Gallop Drive Sold | $1,085,000 | 3 | 2 | 1,687 | $643 | 0.1 mi |
B 16790 Gallop Drive Sold | $1,285,000 | 4 | 3 | 1,870 | $687 | 0.1 mi |
C 16700 Fountain Avenue Sold | $1,200,000 | 4 | 2 | 1,502 | $799 | 0.6 mi |
D 2380 Bayo Claros Circle Sold | $1,300,000 | 3 | 2 | 1,504 | $864 | 0.9 mi |
E 16690 Sorrel Way Sold | $1,320,000 | 4 | 3 | 2,054 | $643 | 0.3 mi |
F 2350 Bayo Claros Circle Sold | $949,000 | 2 | 2 | 1,289 | $736 | 1.0 mi |
G 16730 Sorrel Way Active | $1,099,000 List Price | 4 | 2 | 1,582 | $695 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1977, the property has undergone significant renovations within the 5-15 year range. The kitchen and bathrooms are updated with modern white shaker cabinetry, granite countertops, and stainless steel appliances. Functional upgrades include central A/C, an EV charger, and a new wraparound deck, making it move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7280, living area = 1706.
The property features a new wraparound deck offering breathtaking panoramic views of the valley, mountains, and city lights, providing an exceptional space for relaxation and entertaining.
Situated at the end of a quiet cul-de-sac in the desirable Jackson Meadows community, the home offers enhanced privacy and is within walking distance of the Jackson Academy of Music and Math.
Built in 1977, the home may require future capital improvements or aesthetic updates to compete with newer contemporary constructions in the area.
While the immediate K-8 school is convenient, the assigned middle and high schools have average ratings, which could be a factor for education-focused buyers.
**Spectacular Views in a Highly Desirable Neighborhood** This well-maintained, Single-level home features 3 bedrooms and 2 bathrooms, located at the end of a cul-de-sac in the sought-after Jackson Meadows community. The open floor plan is filled with natural light and showcases beautiful hardwood floors. The spacious living room includes an inviting fireplace, perfect for cozy gatherings, while the formal dining area, convenient laundry room, walk-in closet, and pantry enhance the home's functionality. Enjoy modern comforts with central A/C, ceiling fan, recessed lighting, an EV charger in the garage, and fresh exterior paint. The kitchen is equipped with granite countertops and stainless steel appliances. The family room opens to a new wraparound deck, ideal for relaxation, taking in breathtaking panoramic views, enjoying stunning sunsets, or entertaining guests. The low-maintenance backyard features a vegetable garden bed, creating a serene and private outdoor space. Enjoy the presence of fig and lemon trees, grapevines, and the sight of deer in your yard! This home is within walking distance of Jackson Math & Music Academy and is conveniently located near shopping, dining, outdoor recreation, and freeway access. Truly a rare find! Don't miss out on this incredible opportunity.
No exterior & parking available.
Grades K-8 • 0.2 mi
Grades 6-8 • 3.0 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,706 | 2,540.5 |
| Lot Size | 7,280 | 9,060 |
| Price | $1.20M | $1.59M |
| Price per sq ft | $703 | $687 |
| Built year | 1977 | 1999 |
| HOA | $0 | $104 |
| Days on market | 5 | 40 |
Jul 17, 2026
$1,199,000
Initial Listing
Jun 16, 2017
$790,000
Public Record
Apr 20, 2005
$676,000
Public Record
Jul 2, 2002
$505,000
Public Record
Oct 31, 2000
$475,000
Public Record