
Gilroy, California 95020
This Flexible Single-Family Residence is a Strong Value Opportunity, listed at $930,000—positioned well below the $972,141 Fair Market Value by 4%. This valuation gap provides $42,141 in Instant Equity for the buyer. While holding a Fair Condition Rating due to its original 1998 finishes, the home offers stainless steel appliances, central A/C, and a convertible loft for a potential fourth bedroom. Located in the Gilroy Unified district near the Gilroy Wine Trail, it balances lifestyle with appreciation potential. This is an ideal match for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 590 El Invierno Drive Subject | $930,000* List Price | 3 | 3 | 1,983 | $490 | - |
A 946 Martiri Court Sold | $1,125,000 | 5 | 3 | 2,639 | $426 | 0.6 mi |
B 796 Gary Street Sold | $875,000 | 3 | 2 | 1,708 | $512 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998 (28 years old), the property falls into the Fair category based on age. While the description mentions stainless steel appliances and central A/C, there is no evidence of a full kitchen or bath renovation within the last 15 years, suggesting the interior finishes are likely dated and nearing the end of their functional lifecycle.
The home features a versatile loft that can easily be converted into a fourth bedroom or a dedicated home office, providing significant adaptability for growing families or remote professionals.
Ideally situated near the Gilroy Premium Outlets and the Gilroy Wine Trail, the property offers excellent access to local entertainment, shopping, and coastal destinations like Monterey Bay.
Equipped with essential amenities including central A/C and an open-concept kitchen with stainless steel appliances, the home is well-prepared for immediate occupancy and modern living.
The assigned elementary and middle schools have lower ratings (3 and 4), which may be a concern for families prioritizing high-performing educational districts.
At a list price of $930,000, a three-bedroom configuration may face stiff competition from larger four-bedroom properties available in the Gilroy market.
Welcome to this spacious 3-bedroom, 2.5-bath home in the charming city of Gilroy, offering approximately 1,983 sq ft of comfortable living space. Designed with both function and flow in mind, the home features generous living and family room areas filled with natural lightperfect for relaxing or entertaining. The kitchen is an open, inviting space equipped with stainless steel appliances, ideal for everyday living and hosting. A versatile loft provides the option to easily convert into a 4th bedroom, home office, or study space for remote work or school needs. The primary suite is well-sized, complete with a walk-in closet and a spacious bathroom. Additional highlights include central A/C and a generously sized backyard, offering great potential for outdoor enjoyment, gardening, or entertaining. Conveniently located near the Gilroy Premium Outlets and the Gilroy Wine Trail, youll enjoy easy access to Santa Clara Valleys award-winning wineries. Commuters and weekend adventurers alike will appreciate being approximately 20 minutes to Watsonville and Monterey Bay, and about 45 minutes to the Monterey Wharf or Santa Cruz beaches.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 1.3 mi
Grades 6-8 • 1.8 mi
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 | 1,983 | 2,503 | 33% |
| Lot Size | 6,000 | 6,820 | 32% |
| Price | $930.0K | $1.15M | 25% |
| Price per sq ft | $469 | $514 | 32% |
| Built year | 1998 | 1998 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 154 | 1% |
Apr 19, 2026
$930,000
Initial Listing
Nov 6, 2013
$520,500
Public Record
May 28, 1999
$310,000
Public Record