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$1,867,700
New Listing

15195 Olive Avenue
Morgan Hill, CA 95037

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
700
SqFt
$2,668
/SqFt
1900
Built
County:
Santa Clara
Listed by Matthew Telfer of South County Realty Mh [email protected]
15195 Olive Avenue15195 Olive Avenue15195 Olive Avenue15195 Olive Avenue
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Monthly Payment (Est.)

$8,521
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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.

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Listing Snapshot
Price 
$1,867,700
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
700 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
9.83 Acres
Year Built 
1900
MLS® Number 
ML82055399
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
4 hours agoListing updated with changes from the MLS®
11 hours agoListing first seen on site
General Features
Acres 
9.83
Carport 
3
Foundation 
Combination
Garage 
Yes
Garage Spaces 
3
Property Sub Type 
Mixed Use
Special Circumstances 
Standard
SqFt Total 
700
Utilities 
Natural Gas AvailableOther
Water Source 
Well
Zoning 
A-20A
Interior Features
Cooling 
Heating 
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Exterior Features
Lot Features 
Level
Roof 
ElastomericMetalOther
View 
Hills
Waterview 
Hills
Community Features
MLS Area 
699 - Not Defined
School District 
Other
Schools
School District
Other
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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