7040 Valley Forge Drive, Gilroy, California 95020, Gilroy, 95020 - 4 bed, 3 bath
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7040 Valley Forge Drive
Gilroy, California 95020
ACTIVE
CONDITION: POOR
4Beds
3Baths
2,059Sq Ft
7,040Lot Size
Property Price
LIST PRICE$949,950
EST. MARKET VALUE
$875,049
8% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $949,950—positioned well above the $920,590 Fair Market Value by 3%. While the home requires significant modernization, its Fair Condition Rating and 2,059 square foot layout provide a blank canvas for value-add renovations. Featuring a private pool and scenic hill views, the home is located within walking distance of Gilroy High School. This is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build equity through targeted interior improvements.
Estimated Market Value
$875,049
Based on Realkey algorithm analyzing recent comparable sales in Gilroy.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7040 Valley Forge Drive Subject | $949,950* List Price | 4 | 3 | 2,059 | $425 | - |
A 7621 Hanna Street Sold | $1,000,000 | 4 | 2 | 1,905 | $525 | 0.8 mi |
B 440 W 7th Street Sold | $760,000 | 3 | 2 | 1,682 | $452 | 0.5 mi |
C 262 E 6th Street Sold | $675,000 | 3 | 2 | 1,469 | $459 | 1.0 mi |
D 111 5th Street Active | $899,000 List Price | 4 | 2 | 2,088 | $431 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1977 with no visible renovations; the interior features original popcorn ceilings, dated carpets, and 1970s-era wood doors and fixtures. The listing agent explicitly states the home needs 'some work,' indicating that the kitchen, bathrooms, and major systems likely require a full rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Educational Proximity
The property is exceptionally located within walking distance (less than 0.1 miles) of Gilroy High School, offering significant convenience for families with school-aged children.
- Outdoor Amenities & Views
The 7,040 square foot lot includes a private backyard pool and scenic hill views, providing a strong foundation for an outdoor entertainment space.
- Spacious Family Layout
With over 2,000 square feet of living space and four bedrooms, the home offers a generous floor plan that provides ample room for a growing family.
CONSRISKS & DEFICIENCIES
- Renovation Required
The listing explicitly mentions the home needs 'some work,' indicating that buyers should anticipate additional capital expenditures for repairs and modernization.
- Dated Configuration
The 1977 split-level design, with all bedrooms located on the upper floor and only a half-bath downstairs, may feel less functional for buyers seeking modern accessibility or open-concept living.
About 7040 Valley Forge Drive
Gilroy Split level home consisting of just over 2,000 square feet of living space. All four bedrooms along with the primary bedroom bath and full bath are located upstairs. The half bath/ laundry room is located downstairs. The lot consists of just over 7,000 square feet with a pool in the back yard with plenty of room to create your own landscaping changes. This home is situated near Gilroy Highschool where children may walk to school. Close to restaurants and shops on Gilroy's south-west side. With some work, this home will be a great place for a family to grow into.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 7,040 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
Gilroy Unified Schools
Glen View Elementary School
Grades K-5 • 0.3 mi
4/10
El Roble Elementary School
Grades K-5 • 0.8 mi
3/10
Solorsano Middle School
Grades 6-8 • 0.9 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.7 |
| Square foot | 2,059 | 2,212.338 |
| Lot Size | 7,040 | 6,777.206 |
| Price | $950.0K | $1.13M |
| Price per sq ft | $461 | $535 |
| Built year | 1977 | 2000 |
| HOA | $0 | $189 |
| Days on market | 33 | 51 |
Pricing History
Listed for Sale
Aug 7, 2026
$949,950
Initial Listing
Sold
Nov 22, 1994
$232,000
Public Record