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Listed by Drew Reid • Coldwell Banker Realty
$ 998,000
Est. payment | /mo
0.9 Acres Lot
$ 998,000
Est. payment | /mo
0.9 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential Lot
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82016534
Lot Size 0.897 Acres
Property Sub-Type Residential Lot
Property Description
This rare, nearly 1-acre (39,065SF) flat residential lot offers a unique and magnificent opportunity to create your ideal custom home in one of the Bay Areas most desirable communities. Nestled in one of Morgan Hills most premier neighborhoods surrounded by estate homes selling for $3-4Million. Stunning views and open skies, this expansive parcel offers plenty of opportunity for a spacious home, guest house (ADU), garage, pool, garden, and more. Sewer, water and power at the curb. Convenient access to downtown Morgan Hill, wineries, hiking trails, top-rated schools and commute access Parcel map for the 39,065 SF lot is approved and signed, awaiting the new APN to be recorded per county, yet able to sell now. Whether you're an investor, builder, or future homeowner, this lot is a rare find with enormous potential in a swiftly growing community with small-town charm and solid economic upside forecast. Don't miss this winning opportunity. The zoning is Residential Estate 1 acre (RE-1). This zoning district has a 30% building maximum coverage, so 30% of the lot size can be developed. Livable space counts toward the total square footage. ADUs have a statewide exemption of up to 800 square feet.
Location
State CA
County Santa Clara
Area Morgan Hill / Gilroy / San Martin
Zoning RE-1
Exterior
Fence Wood
Utilities Available Public Utilities
View Hills
Present Use Orchard
Building
Lot Description Grade - Level
Sewer Sewer - Public, Sewer Available
Water Water Available at Street
Others
Tax ID 728-07-054-A
Horse Property Possible
Special Listing Condition New Subdivision

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Drew Reid
REALTOR® | Lic# 01332884