401 Arnold Drive, Gilroy, California 95020, Gilroy, 95020 - 3 bed, 2 bath
401 Arnold Drive
Gilroy, California 95020
Property Price
SUMMARY
Analysis of 401 Arnold Drive, Gilroy, California 95020 reveals a property with a current list price of $925,000, which is 5% above the estimated $877,670 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 401 Arnold Drive Subject | $925,000* List Price | 3 | 2 | 1,340 | $655 | - |
A 1297 Chesbro Way Sold | $1,000,000 | 5 | 3 | 1,252 | $799 | 1.0 mi |
B 8340 Forest Street Sold | $830,000 | 4 | 2 | 1,368 | $607 | 0.5 mi |
C 783 Mantelli Drive Sold | $925,000 | 4 | 2 | 1,516 | $610 | 0.5 mi |
D 970 Ortega Circle Sold | $830,000 | 4 | 2 | 1,570 | $529 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1961, the property has undergone an extensive recent renovation that meets current quality standards. The interior features a completely remodeled kitchen with off-white shaker cabinets and quartz countertops, fully updated bathrooms with designer tile and modern fixtures, new recessed lighting, and updated flooring throughout. The exterior has also been upgraded with premium turf and professional landscaping, resulting in a move-in-ready home with no visible deferred maintenance.
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 = 7500, living area = 1340.
- Modern Interior Renovations
The home features a complete contemporary overhaul, including a sleek kitchen with quartz countertops and spa-like bathrooms with designer tile, providing a turnkey experience for buyers.
- Expansive Low-Maintenance Lot
The 7,500 sqft lot is professionally landscaped with premium turf and includes two versatile storage sheds, offering massive outdoor utility and workshop potential without high water costs.
CONSRISKS & DEFICIENCIES
- Climate Control Limitations
The description highlights ceiling fans for comfort but does not mention central air conditioning, which is a significant consideration for Gilroy's high summer temperatures.
- Vintage Core Infrastructure
Built in 1961, the property may have aging underlying systems such as plumbing or electrical that, despite cosmetic upgrades, could require future capital investment.
About 401 Arnold Drive
Welcome to this tastefully renovated 3-bedroom, 2-bath home offering a thoughtfully designed living space and a massive, low-maintenance yard. Situated on tree-lined street in a well-established Gilroy neighborhood, this move-in-ready home blends classic charm with modern upgrades. This home has been updated for contemporary living. The heart of the home features a sleek kitchen boasting off white shaker cabinets and elegant quartz countertops. The open floor plan is bathed in light from updated recessed lighting, complemented by ceiling fans in the bedrooms for year-round comfort. Both bathrooms have been completely remodeled with contemporary finishes, designer tile, upgraded vanities, and elegant fixtures, creating spa-like spaces youll love. The real showstopper? The spacious backyard offers endless possibilities ideal for outdoor dining, gardening, play, or simply relaxing. Professionally landscaped with premium turf for a lush look without the water bill, this massive space includes two storage shedsperfect for a workshop, home gym, or extra gear. A two-car garage and generous lot size add functionality and convenience. Located near parks, schools, shopping, and easy freeway access, this beautifully upgraded home offers comfort, style, and exceptional value.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- 7,500 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 | 3.0 | 4.0 | 24% |
| Baths | 2.0 | 3.0 | 29% |
| Square foot | 1,340 | 2,271.5 | 9% |
| Lot Size | 7,500 | 6,851 | 67% |
| Price | $925.0K | $1.12M | 26% |
| Price per sq ft | $690 | $518 | 91% |
| Built year | 1961 | 1998 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 173 | 1% |
Pricing History
Listed for Sale
Feb 26, 2026
$925,000
Initial Listing
Sold
Apr 25, 2022
$960,000
Public Record
Sold
Apr 5, 2005
$510,000
Public Record
Sold
Apr 2, 2003
$385,000
Public Record