15195 Olive AVE, Morgan Hill, CA 95037
15195 Olive AVE, Morgan Hill, CA 95037
15195 Olive AVE, Morgan Hill, CA 95037
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Eddie Oberoi

Eddie Oberoi

+1(408) 771-4088
Listed by Matthew Telfer • South County Realty Mh, DRE#01363041
$1,867,700
Est. payment /mo
2 Beds
1 Bath
700 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Farm / Ranch

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

Year Built 1900

Lot Size 9.830 Acres

Property Sub-Type Farm / Ranch

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

Area Morgan Hill / Gilroy / San Martin

Zoning A-20A

Rooms

Family Room No Family Room

Dining Room Other

Interior

Heating Other

Cooling Other

Exterior

Parking Features Parking Area

Garage Spaces 3.0

Utilities Available Master Meter , Natural Gas, Propane On Site, Public Utilities, Other

View Hills, Neighborhood

Roof Type Elastomeric,Metal,Other

Building

Lot Description Grade - Level

Foundation Combination

Sewer Existing Septic

Water Well

Others

Tax ID 779-03-005

Horse Property Possible

Special Listing Condition Not Applicable

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Eddie Oberoi

Eddie Oberoi

+1(408) 771-4088

Agent | License ID: 01323567

Agent License ID: 01323567

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15195 Olive AVE