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Listed by Matthew Telfer • South County Realty Mh
$ 1,867,700
Est. payment | /mo
2 Beds
1 Bath
700 SqFt
$ 1,867,700
Est. payment | /mo
2 Beds
1 Bath
700 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 700 sqft
Price per Sqft $2,668
MLS Listing ID ML82055378
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1900
Lot Size 9.830 Acres
Property Sub-Type Detached
Source Datashare MLSListings
Property Description
Exceptional opportunity to acquire one of Morgan Hill's premier future potential development properties, offered for sale on the MLS for the first time in generations. This rare +-9.83-acre parcel has been proudly held by the same family for multiple generations and presents a unique investment opportunity directly adjacent to the Morgan Hill city limits. Although currently located within unincorporated Santa Clara County, the City of Morgan Hill has designated the property Residential Detached Medium in its General Plan, potentially allowing for a planned density of up to 7 dwelling units/acre in the future upon annexation. Another opportunity is to create an exceptional rural estate, with the potential to construct a custom single-family residence, ADU, and Jr ADU. The property is currently leased to a local farmer, providing agricultural income while preserving its long-term investment potential. Existing improvements include an old farmhouse and three mobile homes. An adjoining +-12.5-acre sister parcel to the east is also available for purchase, offering buyers the flexibility to acquire one or both properties and create a significant future landholding in one of Morgan Hill's most desirable growth corridors. Rarely does an opportunity of this caliber become available.
Location
State CA
County Santa Clara
Interior
Heating Other
Cooling Other
Fireplace No
Exterior
Garage Spaces 3.0
View Hills
Private Pool false
Building
Lot Description Horses Possible, Level
Schools
School District Morgan Hill Unified, Morgan Hill Unified

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