408 La Sierra Way, Gilroy, California 95020, Gilroy, 95020 - 3 bed, 3 bath
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Gilroy, California 95020
This Spacious Single-Level Residence is a Strong Value Opportunity, listed at $1,198,888—positioned well below the $1,239,575 Fair Market Value by 3%. This valuation gap offers $40,687 in Instant Equity. Boasting a Condition Rating of 4, the home features a massive great room and a resort-style backyard with a heated gunite pool and cabana. The detached three-car garage presents prime ADU Conversion Potential for rental income or multi-generational living. Located in the Gilroy Unified School District, this is a perfect fit for Owner-Occupants or Buy-and-Hold Investors seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 408 La Sierra Way Subject | $1,198,888* List Price | 3 | 3 | 2,458 | $504 | - |
A 751 W 6th Street Sold | $963,000 | 3 | 2 | 1,663 | $579 | 0.8 mi |
B 7290 Orchard Drive Sold | $1,085,000 | 5 | 3 | 2,632 | $412 | 0.9 mi |
C 7681 Rea Street Sold | $920,000 | 3 | 2 | 1,890 | $487 | 0.5 mi |
D 1250 Driftwood Sold | $925,000 | 3 | 2 | 1,503 | $615 | 0.9 mi |
E 7390 Miller Avenue Active | $1,249,888 List Price | 5 | 3 | 2,530 | $494 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952 with a renovation likely dating back 20-30 years. While the home is exceptionally well-maintained and move-in ready, the kitchen and bathrooms are dated, featuring older tile countertops and oak cabinetry. The presence of central A/C and a whole house fan indicates functional systems, but the overall aesthetic and finishes require modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11200, living area = 2458.
The detached three-car garage with private alley access presents a prime opportunity for an ADU conversion, offering potential for rental income or multi-generational living without compromising the privacy of the main residence.
The expansive 11,200 sq ft lot features a heated gunite pool, safety fencing, and a dedicated cabana, creating a private resort-style backyard with optimal sun exposure for entertaining.
The presence of tile countertops and vinyl/linoleum flooring suggests that the interior may require cosmetic modernization to align with contemporary luxury standards.
The use of four different flooring types—hardwood, tile, carpet, and vinyl—throughout the home can disrupt the visual flow and may necessitate a unified flooring upgrade.
This spacious single level 3-bedroom, 3-bath home offers 2,458 sq ft of comfortable living space. Kitchen features tile countertops, large center island, builtin double electric ovens, JennAir cook top w/ grill, microwave, dishwasher, garbage disposal, trash compactor. Ideal kit for meal preparation and entertaining. Pass thru open to great rm from kit plus a breakfast bar Flooring throughout the home includes hardwood, tile, carpet, and vinyl/linoleum. Huge great room w/vaulted ceiling is equipped with a gas-burning freestanding stove, 2 skylites, builtin wet bar equipped with ice maker & bar fridge. This room is large enough to be divided to create even more usable space! Separate formal dining room offers full wall builtin buffet w/ upper glass door cabinets to show off the pretties! Detached three-car garage is perfect for ADU conversion w/ private alley access-you'll never know their is someone living there & still have a garage! Heated gunite pool offers ample sunning areas around the pool plus safety fencing for piece of mind! Property offers the ultimate sun exposure.! Cabana offers shade, room for relaxing, entertaining and outdoor dining! Indoor laundry rm, central a/c, whole house fan plus ceiling fans. Formal living front of house-ideal for Holiday tree display!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 24% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,458 | 2,503 | 49% |
| Lot Size | 11,200 | 6,882 | 82% |
| Price | $1.20M | $1.15M | 53% |
| Price per sq ft | $488 | $514 | 41% |
| Built year | 1952 | 1998 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 154 | 1% |
Apr 7, 2026
$1,198,888
Initial Listing