7340 Crews Road, Gilroy, California 95020, Gilroy, 95020 - 3 bed, 1 bath
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Gilroy, California 95020
This 17.3-acre agricultural estate represents a High-Potential Investment Opportunity, listed at a List Price of $1,895,000—positioned well below the $1,953,671 Fair Market Value by 3%. This valuation gap offers $58,671 in Instant Equity. Featuring 17.3 acres of fertile land, two functional wells, and a spacious barn, the property provides significant income potential. With a Condition Rating of 5, the 1935 farmhouse requires modernization. This is an ideal acquisition for Buy-and-Hold Investors or Agricultural Developers seeking long-term land appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7340 Crews Road Subject | $1,895,000* List Price | 3 | 1 | 1,400 | $1,395 | - |
A 2712 Ferguson Road Active | $1,799,000 List Price | 2 | 1 | 1,200 | $1,499 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1935, this 89-year-old farmhouse is significantly past the 30-50 year threshold for major systems. The listing focuses heavily on the 17.3 acres of land and agricultural potential rather than the home's interior, indicating that the 3-bedroom, 1-bathroom structure likely requires a complete rehab of the kitchen, bath, and aging systems (HVAC/Electric) to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 753588, living area = 1400.
Spanning approximately 17.3 acres, this property offers a rare combination of vast agricultural land and scenic hillside views while maintaining close proximity to Silicon Valley's innovation hubs.
The estate is well-equipped for immediate use with two functional wells (dedicated agricultural and residential), fertile soil for row crops, and a large barn suitable for various hobby or commercial uses.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =753588, other record lot size in square feet = 741826.
The existing farmhouse, built in 1935, offers only 1,300 sq. ft. of living space and a single bathroom, which may necessitate significant renovation or a complete rebuild to meet modern buyer expectations.
Given the $1.895M price point and the age of the structures, buyers should anticipate substantial additional investment to modernize the residence or fully realize the property's development potential.
Discover a rare opportunity to own approximately 17.3 acres of picturesque agricultural land in the rolling hillside of Gilroy, where amazing views, open skies, and peaceful surroundings create an exceptional lifestyle just a short drive from the innovation centers of Silicon Valley. Whether you're seeking a private country retreat, an investment property, or a working agricultural estate, this remarkable offering presents endless possibilities. The property features a charming farmhouse approximately 1,300+ sq. ft. with 3 bedrooms and 1 bathroom, along with a spacious barn suitable for a variety of agricultural, storage, or hobby farm uses. Two working wells service the property, one dedicated agricultural and one residential. Fertile soils support productive row crop farming providing potential income while preserving long-term flexibility. Surrounded by sweeping countryside and scenic mountain views, this unique property offers the tranquility of rural living without sacrificing convenience. Enjoy easy access to downtown Gilroy, major commuter routes, wineries, outdoor recreation, and the technology campuses of Silicon Valley. Opportunities to acquire this combination of acreage, beauty, income potential, and proximity to Silicon Valley are increasingly rare.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,400 | 1,983 |
| Lot Size | 753,588 | 7,000 |
| Price | $1.90M | $1.16M |
| Price per sq ft | $1.4K | $533 |
| Built year | 1935 | 1997 |
| HOA | $0 | $202 |
| Days on market | 22 | 44 |
Jun 30, 2026
$1,895,000
Initial Listing