15195 Olive AVE, Morgan Hill, CA 95037
15195 Olive AVE, Morgan Hill, CA 95037
15195 Olive AVE, Morgan Hill, CA 95037
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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Susie Hughes

Susie Hughes

+1(562) 260-0588
$ 1,867,700
Est. payment | /mo

2 Beds

1 Bath

700 SqFt

Save
$ 1,867,700
Est. payment | /mo
Save

2 Beds

1 Bath

700 SqFt

Key Details

Property Type Vacant Land

Sub Type Farm

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 Farm

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 699 - Not Defined

Zoning A-20A

Interior

Fireplace No

Exterior

Garage Spaces 3.0

Carport Spaces 3

Garage Description 3.0

Utilities Available Natural Gas Available, Other

View Y/N Yes

View Hills, Neighborhood

Roof Type Elastomeric,Metal,Other

Total Parking Spaces 6

Building

Lot Description Level

Foundation Combination

Water Well

New Construction No

Schools

School District Other

Others

Tax ID 77903005

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Matthew Telfer South County Realty Mh #01363041
Nearby Locations
Susie Hughes

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(562) 260-0588

susiehughesreg@gmail.com

3020 Old Ranch Parkway Suite 250, Seal Beach, CA, 90740, US

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15195 Olive AVE