7821 Santa Theresa Drive, Gilroy, California 95020, Gilroy, 95020 - 3 bed, 3 bath

7821 Santa Theresa Drive, Gilroy, California 95020 home-pic-0

7821 Santa Theresa Drive

Gilroy, California 95020

ACTIVE
CONDITION: GOOD
3Beds
3Baths
2,459Sq Ft
7,656Lot Size

Property Price

LIST PRICE$949,000
EST. MARKET VALUE
$986,125
3% BelowMARKET VALUE

SUMMARY

Analysis of 7821 Santa Theresa Drive, Gilroy, California 95020 reveals a Prime Investment Opportunity with a current list price of $949,000—significantly undercutting the $986,125 Fair Market Value by 3%. This valuation gap indicates a +$37,125 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Gilroy Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$986,125 +$37,125 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Gilroy.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
7821 Santa Theresa Drive
Subject
$949,000*
List Price
332,459$401-
A
819 Cumberland Drive
Sold
$1,105,000532,632$4200.6 mi
B
7290 Orchard Drive
Sold
$1,085,000532,632$4120.7 mi
C
7681 Rea Street
Sold
$920,000321,890$4870.3 mi
D
7610 Miller Avenue
Sold
$1,040,000533,224$3230.3 mi
E
7770 Rosanna Street
Sold
$850,000222,243$3790.5 mi
F
7660 Carmel Street
Pending
$850,000
List Price
432,100$4050.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and features significant modern updates including wood-look porcelain tile flooring, granite countertops, and stainless-steel appliances. While the structure dates to 1963, the interior has been extensively renovated with high-end finishes and character-adding elements like exposed beam ceilings. It meets the 'good' criteria as a well-maintained home with updated major components and no immediate need for renovation.

PROSSTRENGTHS & OPPORTUNITIES

  • Versatile Living Spaces

    The generous 2,459 sq. ft. layout includes a bonus room with an en suite bathroom, providing an ideal setup for multigenerational living, a guest suite, or a professional home office.

  • Premium Outdoor Entertaining

    The expansive yard is thoughtfully designed for year-round use, featuring a covered patio for wet weather and a pergola-topped wood deck perfect for summer gatherings.

  • High-End Interior Finishes

    The home blends character and durability with exposed beam ceilings, granite countertops, and wood-look porcelain tiling that offers a modern aesthetic with low maintenance.

CONSRISKS & DEFICIENCIES

  • Aging Infrastructure

    Built in 1963, the property may require more frequent maintenance or updates to its original core systems compared to newer residential developments.

  • Lower Elementary School Rating

    The assigned elementary school has a rating of 3, which may be a consideration for families prioritizing high-ranking primary education within the immediate neighborhood.

About 7821 Santa Theresa Drive

Welcome to this spacious 3-bedroom, 2.5-bathroom single-family home in the heart of Gilroy. Expansive living spaces with large windows offer an abundance of natural light. Wood look porcelain tiling provides warmth and texture while delivering a highly durable and low maintenance floor. Exposed beam ceilings add an element of character and craftsmanship to each space. Granite countertops and stainless-steel appliances provide a well-appointed look to the kitchen. Multiple rooms and extra spaces, including a bonus room with en suite bathroom, ideal for guests, multigenerational living, or a private home office. An expansive yard provides perimeter paved surfaces, a covered patio just off the family room - great for entertaining during wet and cooler temperatures, and a pergola atop a wood deck - an ideal place for entertaining during warmer seasons. Two-car attached garage, private alley access for returning and departing, and an extended driveway allows for ample off-street parking options. Cul-de-sac location in an established community, near a private membership-based community access pool, near local schools, parks, an assortment of shopping and dining options, and convenient access to commute routes make this an incredible home in an exceptional neighborhood location.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1963
Lot Size
7,656 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Gilroy Unified Schools

El Roble Elementary School

Grades K-5 • 0.2 mi

3/10

Brownell Middle School

Grades 6-8 • 0.3 mi

5/10

Solorsano Middle School

Grades 6-8 • 0.8 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
24%
Baths3.03.0
50%
Square foot2,4592,298
53%
Lot Size7,6566,851
68%
Price$949.0K$1.12M
28%
Price per sq ft$386$514
6%
Built year19631998
10%
HOA$0$0
50%
Days on market21173
1%

Pricing History

Listed for Sale

Feb 14, 2026

$949,000

Initial Listing

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