
Morgan Hill, California 95037
This Spacious Residential Estate represents a Strong Value Opportunity, listed at $1,799,000—positioned above the $1,712,841 Fair Market Value. While priced slightly above market, the property offers significant long-term potential through its 47,044 sqft lot and ADU development potential. Featuring a 2007 reconstruction and a Condition Rating of 3, the home provides a solid foundation with modern amenities like a jetted tub and large barn. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, high-utility property near downtown Morgan Hill.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 860 W Edmundson Avenue Subject 4 bd · 4 ba · 2,698 sqft · $635 | $1,799,000* List Price | 4 | 4 | 2,698 | $635 | - |
A 16655 Glenn Canyon Court Sold 5 bd · 5 ba · 3,750 sqft · $480 · 0.8 mi | $1,800,000 | 5 | 5 | 3,750 | $480 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property underwent a full reconstruction in 2007, placing its effective age and major systems within the 10-20 year range. The interior features well-maintained hardwood floors, stone countertops, and functional kitchen/bath fixtures that are move-in ready, though the aesthetic reflects the mid-2000s era.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 47044, living area = 2698.
The property sits on a rare one-acre lot near downtown Morgan Hill, offering ample space for a backyard oasis and the potential to add an ADU for extended family or rental income.
Reconstructed in 2007, the home blends classic charm with modern features like high ceilings, stone countertops, and a primary suite featuring a jetted tub and retreat area.
The nearly 47,000-square-foot lot and substantial barn structure require significant ongoing maintenance and landscaping efforts compared to standard residential lots.
Despite the 2007 reconstruction, the property's 1930 origins may result in certain site limitations or infrastructure quirks typical of older estates in the Morgan Hill area.
Room to live, gather, and dream big in Morgan Hill! Set on approximately one acre near downtown Morgan Hill and local wineries, this four-bedroom, four-bathroom home offers 2,698 square feet of space and possibilities. Inside this 2007 reconstructed home, high ceilings and a fireplace with gas logs create a warm welcome. The kitchen features stone countertops, an electric cooktop, a built-in oven, and an eat-in area. A separate family room gives everyone room to spread out, while the primary suite offers its own retreat area, a jetted tub, and a separate shower. Step outside and imagine whats next. The large barn could become your dream workshop or a memorable setting for family celebrations. The expansive lot offers space to create a backyard oasis, with potential to explore an ADU for extended family, subject to local approvals. Come see how much you can make of this Morgan Hill property!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,698 | 2,354.219 |
| Lot Size | 47,044 | 9,329.156 |
| Price | $1.80M | $1.50M |
| Price per sq ft | $667 | $674 |
| Built year | 1930 | 1992 |
| HOA | $0 | $192 |
| Days on market | 8 | 45 |
Oct 16, 2026
$1,799,000
Initial Listing
Jul 27, 2011
$650,000
Public Record
Apr 30, 2003
$600,000
Public Record
Jun 29, 2000
$549,000
Public Record
Jun 30, 1998
$310,000
Public Record