322 Casa Loma Road, Morgan Hill, California 95037, Morgan Hill, 95037 - 3 bed, 3 bath
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322 Casa Loma Road
Morgan Hill, California 95037
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,845Sq Ft
418,283Lot Size
Property Price
LIST PRICE$1,500,000
SUMMARY
Analysis of 322 Casa Loma Road, Morgan Hill, California 95037 is currently available with a list price of $1,500,000. 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 Morgan Hill 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
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
While the main kitchen has been modernized with white cabinetry and stainless steel appliances (5-15 year reno), the bathrooms and secondary studio kitchen remain dated with older oak vanities and tile. The 1929 estate includes a red-tagged, unpermitted cottage, indicating significant structural or safety issues on the property that require attention despite the main home being move-in ready.
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 = 418283, living area = 1845.
- Expansive Private Acreage
Set on nearly 10 acres with a seasonal creek and proximity to Calero and Uvas lakes, the property offers unparalleled privacy and ample space for equestrian use, gardening, or further development.
- Historic Architectural Charm
Built in 1929, the estate showcases rare craftsmanship including timeless stonework and mountain-cabin architecture, providing a unique and refined country living experience just minutes from San Jose.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =418283, other record lot size in square feet = 11252.
- Significant Permitting Issues
The secondary cottage is currently unpermitted and red-tagged, which presents legal hurdles and potential high costs for the buyer to rectify or remove the structure.
- Historic Maintenance Demands
Given the 1929 construction, the property likely requires substantial modernization and ongoing maintenance to meet contemporary standards, as reflected in the recent $150,000 price reduction.
About 322 Casa Loma Road
Experience refined country living on this exceptional 1929 estate set at the base of a private hillside. Surrounded by the region's most scenic lakes: Calero and Uvas. This property offers a rare blend of historic craftmanship, natural beauty, and serene seclusion just minutes from San Jose. The main residence showcases timeless stonework, mountain-cabin architecture, and an expansive front porch designed for effortless indoor-outdoor living. An attached studio apartment provides flexible guest or multigenerational space. Included in the offering is a separate cottage situated on its own 4.4 acre lot (unpermitted and red-tagged; may be sold separately), creating a unique multi-structure estate opportunity. The grounds feature a seasonal creek, open acreage for horses, gardens, and endless exploration. Located just 1/2 mile in on Casa Loma Rd, this property delivers privacy with unmatched proximity to both Morgan Hill and San Jose. A truly distinctive retreat with extraordinary potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1929
- Lot Size
- 418,283 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,845 | 2,310.964 |
| Lot Size | 418,283 | 8,529.821 |
| Price | $1.50M | $1.54M |
| Price per sq ft | $813 | $687 |
| Built year | 1929 | 1993 |
| HOA | $0 | $150 |
| Days on market | 64 | 42 |
Pricing History
Listed for Sale
Aug 7, 2026
$1,500,000
$1,650,000
-9% Price Drop
Initial Listing
Price Change
Jul 7, 2026
$1,650,000
Initial Listing