890 Encino Drive, Morgan Hill, California 95037, Morgan Hill, 95037 - 3 bed, 3 bath
890 Encino Drive
Morgan Hill, California 95037
Property Price
SUMMARY
Analysis of 890 Encino Drive, Morgan Hill, California 95037 is currently available with a list price of $1,000,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Morgan Hill Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The property was built in 1969, making it 55 years old. The MLS description explicitly states it is a 'Complete fixer upper,' which, combined with its age, strongly suggests it has not undergone major renovations in the past 50 years. The emphasis on the '16,500+ square foot lot' and 'Endless possibilities' further indicates that the property's value is likely based on the land and its potential for redevelopment, aligning with the 'tear-down' criteria where the structure is beyond practical repair or its value is solely in the land.
PROSSTRENGTHS & OPPORTUNITIES
- Expansive Lot Size
The property boasts a substantial 16,553 sqft lot, highlighted as 'one of the largest in the entire neighborhood,' offering significant outdoor space and potential for expansion or additional structures.
- Significant Development Potential
Described as having 'endless possibilities,' this property is ideal for a contractor or investor looking to undertake a major renovation or rebuild, maximizing its value.
- Desirable Location
Situated in Morgan Hill's 'Paradise Valley,' the location offers a sought-after community setting with good access to amenities and the broader Silicon Valley area.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
Explicitly stated as a 'complete fixer upper,' the property requires significant investment in time, money, and resources for a full renovation, limiting the buyer pool.
- Age and Condition of Home
Built in 1969, the home is over 50 years old, indicating that major systems and finishes are likely original and will require updating or replacement.
- High Entry Price for Condition
The $1,000,000 list price for a property requiring extensive renovation means a substantial initial outlay, with significant additional capital needed to make it move-in ready.
About 890 Encino Drive
Complete fixer upper in Paradise Valley. Bring your contractor to explore the possibilities of this 16,500+ square foot lot. Endless possibilities on one of the largest lots in the entire neighborhood!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1969
- Lot Size
- 16,553 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
Morgan Hill Unified Schools
Paradise Valley/Machado Elementary School
Grades K-5 • 0.3 mi
Lewis H. Britton Middle School
Grades 6-8 • 2.3 mi
Ann Sobrato High School
Grades 9-12 • 4.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 35% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,947 | 2,344 | 35% |
| Lot Size | 16,553 | 8,266 | 73% |
| Price | $1.00M | $1.48M | 19% |
| Price per sq ft | $514 | $660 | 14% |
| Built year | 1969 | 1991 | 15% |
| HOA | $0 | $80 | 43% |
| Days on market | 646 | 163 | 0% |
Pricing History
Listed for Sale
May 30, 2024
$1,000,000
Initial Listing