844 Black Walnut Way, Morgan Hill, California 95037, Morgan Hill, 95037 - 5 bed, 4 bath
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844 Black Walnut Way
Morgan Hill, California 95037
ACTIVE
CONDITION: GOOD
5Beds
4Baths
3,573Sq Ft
12,100Lot Size
Property Price
LIST PRICE$2,180,000
EST. MARKET VALUE
$2,291,494
4% BelowMARKET VALUE
SUMMARY
This Luxury Single Family Residence is a Strong Value Opportunity, listed at $2,180,000—positioned well below the $2,291,494 Fair Market Value by 4%. This valuation gap offers $111,494 in Instant Equity. The home maintains a Condition Rating of 3, featuring an updated granite kitchen, owned solar system, and a backyard pool. While school ratings vary, the prime downtown location provides unmatched lifestyle convenience. This property is an ideal acquisition for Owner-Occupants seeking luxury or discerning buyers prioritizing downtown access.
Estimated Market Value
$2,291,494+$111,494 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Morgan Hill.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 844 Black Walnut Way Subject 5 bd · 4 ba · 3,573 sqft · $641 | $2,180,000* List Price | 5 | 4 | 3,573 | $641 | - |
A 17679 Serene Drive Sold 5 bd · 5 ba · 3,373 sqft · $600 · 0.2 mi | $2,025,000 | 5 | 5 | 3,373 | $600 | 0.2 mi |
B 17629 Bentley Drive Sold 5 bd · 5 ba · 3,373 sqft · $548 · 0.2 mi | $1,850,000 | 5 | 5 | 3,373 | $548 | 0.2 mi |
C 17465 Ringel Drive Sold 4 bd · 3 ba · 3,188 sqft · $690 · 0.9 mi | $2,200,000 | 4 | 3 | 3,188 | $690 | 0.9 mi |
D 18042 Calle Central Sold 4 bd · 4 ba · 3,414 sqft · $557 · 0.5 mi | $1,900,000 | 4 | 4 | 3,414 | $557 | 0.5 mi |
E 517 Calle Florencia Sold 5 bd · 3 ba · 2,587 sqft · $657 · 0.5 mi | $1,700,000 | 5 | 3 | 2,587 | $657 | 0.5 mi |
F 585 Calle Siena Pending 5 bd · 4 ba · 3,727 sqft · $563 · 0.4 mi | $2,100,000 List Price | 5 | 4 | 3,727 | $563 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1990, the home has been well-maintained and updated, making it fully move-in ready. It features an updated kitchen with granite countertops and stainless steel appliances, a spa-inspired primary bathroom, modern laundry systems, and an owned solar system.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Downtown Location
Situated on a desirable corner lot, this home offers an ideal lifestyle balance with walking-distance access to downtown Morgan Hill's vibrant dining and boutiques while maintaining easy commuter access to Highway 101.
- Premium Outdoor Amenities & Solar
The property features a private backyard oasis complete with a pool, patio, and grass area, further enhanced by an owned solar system that provides significant energy efficiency and long-term cost savings.
- Spacious Luxury Interior
Boasting over 3,500 sq. ft. of living space, the home features soaring ceilings, an updated chef's kitchen with a wine cooler, and a massive primary retreat with a spa-inspired bath and dual walk-in closets.
CONSRISKS & DEFICIENCIES
- Underwhelming School Ratings
The assigned elementary school carries a lower rating (3/10), which may be a concern for families prioritizing high-performing public education within their immediate neighborhood.
- Middle School Commute
The designated middle school is located over 9 miles away, presenting a potential logistical challenge for daily transportation compared to the proximity of the high school and elementary options.
About 844 Black Walnut Way
Luxury corner-lot home blending space, comfort, and convenience. Offering 5 bedrooms (including a nursery/office), 4 baths, and 3,573 sq. ft. of thoughtfully designed living space, it welcomes you with a grand entry and immediate sense of warmth. Walking distance to vibrant downtown dining and boutiques, with easy access to Hwy 101. The updated kitchen features stainless steel appliances, a wine cooler, and a generous granite island, ideal for everyday living and entertaining. Soaring ceilings and inviting gathering spaces flow throughout the main level, with fireplaces warming the living room, family room, and primary suite. A formal dining room sets the stage for memorable occasions. Upstairs, the primary suite is a private retreat with a sitting area, spa-inspired bath, jetted tub, dual vanities, and two walk-in closets. Enjoy a backyard oasis with pool, patio, and grass area plus an owned solar system. Prime downtown Morgan Hill location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- Lot Size
- 12,100 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $330.0 / Month
Neighborhood Insights
Morgan Hill Unified Schools
El Toro Elementary School
Grades K-5 • 1.5 mi
3/10
Martin Murphy Middle School
Grades 6-8 • 9.1 mi
5/10
Ann Sobrato High School
Grades 9-12 • 2.0 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,573 | 2,354.219 |
| Lot Size | 12,100 | 9,329.156 |
| Price | $2.18M | $1.50M |
| Price per sq ft | $610 | $674 |
| Built year | 1990 | 1992 |
| HOA | $330.0 | $192 |
| Days on market | 33 | 45 |
Pricing History
Listed for Sale
Sep 21, 2026
$2,180,000
Initial Listing
Sold
Apr 30, 2020
$1,328,500
Public Record