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870 W Edmundson Avenue, Morgan Hill, California 95037, Morgan Hill, 95037 - 5 bed, 3 bath

870 W Edmundson Avenue, Morgan Hill, California 95037 home-pic-0
ACTIVE$1,598,888$2,435/sqft
Est. Value: $1,550,414
-3%
AboveEstimate
870 W Edmundson Avenue, Morgan Hill, California 95037
5Beds
3Baths
2,435Sqft
82,764Lot

Price Vs. Estimate

The estimated value ($1,550,413.555) is $48,474.445 (3%) lower than the list price ($1,598,888). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 82764, living area = 2435.
Top Cons:
Sold 'As-Is' Condition: The property is being sold in 'as-is' condition, which may imply the need for further repairs, renovations, or upgrades beyond the mentioned updates.

Compared to the nearby listings

Price:$1.60M vs avg $1.48M (+$123,888)57%
Size:2,435 sqft vs avg 2,344 sqft51%
Price/sqft:$657 vs avg $64153%

More Insights

Built in 1974 (52 years old).
Condition: Despite being built in 1974, the property features significant recent updates including an extensively renovated, modern kitchen with newer cabinetry, stainless steel appliances, and contemporary finishes. At least one bathroom has also been fully updated with modern tile and fixtures. Key structural and utility updates include a new roof and owned solar. While some areas like certain flooring (carpets), light fixtures, and a secondary bathroom vanity appear older or less updated, the major components and high-impact areas are in excellent, move-in ready condition, justifying a 'Good' rating.
Year Built
1974
Close
-
List price
$1.6M
Original List price
$1.6M
Price/Sqft
$657
HOA
-
Days on market
-
Sold On
-
MLS number
ML82030139
Home ConditionGood
Features
Good View: Hills, Mountain(s), Valley
ViewHills, Mountain(s), Valley

About this home

Rare Morgan Hill real estate opportunity on a private 1.9-acre lot with scenic hill views. This expansive property offers outstanding potential for buyers seeking a Morgan Hill home with land, privacy, and room to expand. The as-is residence provides possible ADU or in-law unit potential (buyer to verify), making it ideal for multi-generational living or future development. The 2,435 sq. ft. single-level ranch-style home features 5 bedrooms and 3 bathrooms, an updated kitchen with newer cabinetry, a new roof, and owned solar. The large, usable backyard offers endless possibilities to create a private outdoor retreat, luxury estate setting, or investment property. Perfect for investors, builders, or buyers searching for acreage homes in Morgan Hill, this property delivers space, views, and upside potential in a highly desirable South Santa Clara County location.

S
Sadik Azar
Listing Agent

Price History

Date
Event
Price
01/31/12
Sold
$615,000
Condition Rating
Good
Despite being built in 1974, the property features significant recent updates including an extensively renovated, modern kitchen with newer cabinetry, stainless steel appliances, and contemporary finishes. At least one bathroom has also been fully updated with modern tile and fixtures. Key structural and utility updates include a new roof and owned solar. While some areas like certain flooring (carpets), light fixtures, and a secondary bathroom vanity appear older or less updated, the major components and high-impact areas are in excellent, move-in ready condition, justifying a 'Good' rating.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 82764, living area = 2435.
Expansive Private Acreage: The property boasts a significant 1.9-acre private lot, offering ample space, privacy, and potential for expansion or development in a desirable location.
Scenic Views: Enjoy picturesque views of hills, mountains, and valleys, enhancing the property's aesthetic appeal and overall desirability.
ADU/Development Potential: Offers significant upside for multi-generational living or investment due to possible ADU or in-law unit potential and overall development opportunities.
Key Recent Upgrades: Features valuable recent updates including an updated kitchen with newer cabinetry, a new roof, and owned solar, reducing immediate capital expenditures.
Investment & Builder Opportunity: Positioned as an ideal acquisition for investors, builders, or buyers seeking acreage with substantial upside potential in a highly desirable South Santa Clara County location.

Cons

Sold 'As-Is' Condition: The property is being sold in 'as-is' condition, which may imply the need for further repairs, renovations, or upgrades beyond the mentioned updates.
Original Construction Age: While some areas are updated, the 1974 build year suggests other systems or areas of the home may be original or dated, potentially requiring future maintenance or modernization.
Buyer Due Diligence Required: The description explicitly states 'buyer to verify' for ADU/in-law unit potential and future development, placing the responsibility and cost of feasibility studies on the buyer.
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