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600 Price Drive, Morgan Hill, California 95037, Morgan Hill, 95037 - 5 bed, 5 bath

600 Price Drive, Morgan Hill, California 95037 home-pic-0
ACTIVE$2,900,000$3,611/sqft
Est. Value: $2,483,783
-14%
AboveEstimate
600 Price Drive, Morgan Hill, California 95037
5Beds
5Baths
3,611Sqft
9,950Lot

Price Vs. Estimate

The estimated value ($2,483,783.27) is $416,216.73 (14%) lower than the list price ($2,900,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Premium Upgrades: Built in 2018, this recently constructed residence boasts extensive private amenities and upgrades, indicating a high standard of quality and modern design with the owner sparing no expense.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3611, other record living area = 3469.

Compared to the nearby listings

Price:$2.90M vs avg $1.48M (+$1,425,000)92%
Size:3,611 sqft vs avg 2,344 sqft85%
Price/sqft:$803 vs avg $64179%

More Insights

Built in 2018 (8 years old).
Condition: This property, built in 2018, is practically new and features extensive high-end upgrades and amenities, including a gourmet kitchen with Bosch appliances, modern bathrooms, pristine wood-look flooring, and a luxurious outdoor entertainment area. All components appear new or virtually new, reflecting current quality standards with no signs of deferred maintenance.
Year Built
2018
Close
-
List price
$2.9M
Original List price
$2.9M
Price/Sqft
$803
HOA
-
Days on market
-
Sold On
-
MLS number
ML82029815
Home ConditionExcellent
Features
Good View: Mountain(s), Neighborhood
Pool
Spa
Patio
ViewMountain(s), Neighborhood

About this home

Owner spared no expense in enhancing this recently constructed entertainers dream residence. Offering extensive private amenities & upgrades, including a fully equipped sparkling Pebbletec pool, spa, waterfalls & LED light show. Beauty abounds at the exterior grounds meticulously landscaped pavers, turf, low-voltage lighting, palms & more. Covered outdoor kitchen, complete with a beverage fridge, grill, boiler, TV hookup, equipped with s/s audio, making it ideal for pool parties & backyard BBQs. Experience the luxury of oversized bedrooms & multiple bonus areas. Expansive 1st level guest / in-law quarters, complete with built-in Murphys bed, together with the gym/office or potential 6th bedroom, 2nd level loft bonus room, add to the home's versatility. Entertain indoors in the magnificent Great Room, which boasts an oversized entertainer's island, spacious kitchen, Bosch appliances, walk-in pantry & an airy Family Room that flows seamlessly to the enclosed California Room complete with a built-in fireplace & TV hookup. 3-car tandem garage, a sound proof music studio & much more! Solar panels, pool heating, water softener & EV charger hookup. No HOA. Conveniently located within walking distance to historic downtown Morgan Hill restaurants & shops. Move right in. Welcome home!

O
Ofelia Ventura
Listing Agent

Price History

Date
Event
Price
04/27/18
Sold
$1,376,000
Condition Rating
Excellent
This property, built in 2018, is practically new and features extensive high-end upgrades and amenities, including a gourmet kitchen with Bosch appliances, modern bathrooms, pristine wood-look flooring, and a luxurious outdoor entertainment area. All components appear new or virtually new, reflecting current quality standards with no signs of deferred maintenance.
Pros & Cons

Pros

New Construction & Premium Upgrades: Built in 2018, this recently constructed residence boasts extensive private amenities and upgrades, indicating a high standard of quality and modern design with the owner sparing no expense.
Exceptional Outdoor Entertainment Oasis: The property features a fully equipped Pebbletec pool, spa, waterfalls, LED light show, and a covered outdoor kitchen with a beverage fridge, grill, boiler, TV hookup, and sound system, creating an ideal setting for entertaining.
Highly Versatile Interior Layout: With oversized bedrooms, multiple bonus areas, an expansive 1st-level guest/in-law quarters (with Murphy bed), a gym/office (potential 6th bedroom), and a 2nd-level loft, the home offers exceptional flexibility for various living arrangements and needs.
Gourmet Kitchen & Seamless Indoor-Outdoor Living: The magnificent Great Room includes a spacious kitchen with an oversized entertainer's island, Bosch appliances, and a walk-in pantry, flowing seamlessly into an airy Family Room and an enclosed California Room with a fireplace and TV hookup.
Modern Eco-Friendly & Practical Amenities: Equipped with solar panels, pool heating, a water softener, and an EV charger hookup, alongside a 3-car tandem garage and no HOA, the property offers significant modern conveniences and cost-saving features.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3611, other record living area = 3469.
High Price Point: The $2.9 million list price positions this property in a luxury market segment, which inherently narrows the pool of potential buyers.
Significant Ongoing Maintenance: The extensive high-end amenities, including the pool, spa, elaborate landscaping, and outdoor kitchen, will require considerable ongoing maintenance and associated costs for the homeowner.
Specialized Interior Space: The inclusion of a dedicated soundproof music studio is a niche feature that may not appeal to all prospective buyers, potentially limiting its perceived utility or requiring future modification for alternative uses.
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