380 W Middle Avenue, Morgan Hill, California 95037, Morgan Hill, 95037 - 4 bed, 3 bath
380 W Middle Avenue
Morgan Hill, California 95037
Property Price
SUMMARY
Analysis of 380 W Middle Avenue, Morgan Hill, California 95037 reveals a Prime Investment Opportunity with a current list price of $2,499,000—significantly undercutting the $2,657,974 Fair Market Value by 5%. This valuation gap indicates a +$158,974 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 380 W Middle Avenue Subject | $2,499,000* List Price | 4 | 3 | 3,461 | $768 | - |
A 14660 Gallant Fox Way Active | $2,199,999 List Price | 4 | 3 | 2,811 | $783 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition, showing strong pride of ownership with several recent updates. While built in 1998, the home features newer flooring, fresh interior and exterior paint, and an updated kitchen with painted cabinets and newer stainless-steel appliances. Major amenities like the pool have been recently maintained (re-plastered with a newer motor), and the addition of solar panels and epoxy garage flooring indicates well-maintained systems. It falls into the 'good' category as it is well-maintained and updated but has not undergone a complete, high-end modern renovation of all structural and aesthetic components.
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 = 47698, living area = 3461.
- Resort-Style Outdoor Living
The expansive 1.1-acre lot is a private oasis featuring a recently re-plastered pool, an orchard, a greenhouse, and a dedicated BBQ area, perfect for high-end entertaining.
- Modernized Single-Story Layout
This ranch-style home offers a desirable open floor plan with cathedral ceilings, fresh interior and exterior paint, and an updated kitchen with newer stainless-steel appliances.
CONSRISKS & DEFICIENCIES
- High Maintenance Requirements
The extensive grounds, including the orchard, pool, and specialized structures like the windmill and greenhouse, will require significant ongoing time and financial investment to maintain.
- Solar Lease Considerations
The SunRun solar system likely involves a lease or power purchase agreement that the buyer must assume, which can complicate the financing process and add to monthly fixed costs.
About 380 W Middle Avenue
Gorgeous single-story Modern Ranch-House showcasing true pride of ownership. The well-designed open floor plan provides generous living space and features a cathedral ceiling in the living room, bringing an abundance of natural light. The property includes a spacious paver driveway plus additional concrete parking, ideal for oversized vehicles. Inside, enjoy newer flooring and fresh interior and exterior paint. kitchen has been updated with newly painted cabinets and newer stainless-steel appliances. The primary suite offers a cozy gas fireplace and a small lounge area, perfect for relaxing. The 3 car garage features epoxy-coated concrete flooring and workshop. Large Inside Laundry Room, Fire sprinklers, Storage Shed, Green House, Sprinkler System, Turbine Windmill, Solar panels- SunRun Company. Beautiful Outdoors, the pool has been recently re-plastered and includes a newer motor system, Orchard field, Horseshoe Pit, BBQ Area, Patio Deck, Water Tank for Fire Use. Ideal private location near walking trails, Highway 101, and close proximity to downtown Morgan Hill, known for its great restaurants, shopping, and family-friendly seasonal events.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1998
- Lot Size
- 47,698 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,461 | 2,401 | 76% |
| Lot Size | 47,698 | 8,266 | 91% |
| Price | $2.50M | $1.50M | 83% |
| Price per sq ft | $722 | $664 | 70% |
| Built year | 1998 | 1991 | 60% |
| HOA | $0 | $80 | 43% |
| Days on market | 52 | 162 | 12% |
Pricing History
Listed for Sale
Jan 14, 2026
$2,499,000
Initial Listing
Sold
Oct 23, 2023
$2,220,000
Public Record
Sold
Apr 20, 1999
$680,000
Public Record