18455 Old Monterey Road

Charming 4-Bed, 2-Bath Home with Prime Development Potential in Morgan Hill Discover this inviting 4-bedroom, 2-bathroom home set on over an acre of prime land in the heart of Morgan Hill, offering both comfort and endless possibilities. The property features a spacious layout, complemented by valuable outbuildings, including a shop and storage shed, perfect for hobbyists or extra storage. This property is ideal for creating a private family compound, bringing your kids, and building multiple homes! Once you cross the creek over your private bridge, you'll enter a secluded, serene area perfect for crafting your family's dream retreat. The land is zoned for 4-6 single-family homes or, under the new law effective July 1, 2025, up to 10 condos, making it a fantastic opportunity for investors, developers, or builders. At just $170,000 per lot for condos, this is a rare chance to capitalize on Morgan Hills' thriving market. Conveniently located within an easy walk of vibrant downtown Morgan Hill, enjoy fine dining, boutique shopping, and community events like the annual Fourth of July parade. Whether you're envisioning a family compound or a lucrative development project, this property in one of California's most desirable communities is a must-see! The property is over one acre.

Days on Market

2 days

Current Status

Active

Original Price

$1,700,000

List Price

$1,700,000

On Market Date

Jul 7, 2025

Property Type

Single Family Home

Area

1 - Morgan Hill / Gilroy / San Martin

Zip Code

95037

MLS ID

ML82013611

APN

764-22-010

Year Built

1900

Stories in Building

Unavailable

Possession

COE

Data Source

MLSL

Origin MLS System

MLSListings, Inc.

Bed

4

Bath

2

Parking

7

Common Parking Area, Covered Parking, No Garage, Off-Street Parking, Parking Area

SQ FT

2,020

SQ FT Source

Unavailable

Lot SQ FT

45,287.0

Lot Acres

1.039646 Acres

Cooling

Central AC

Dining Room

No Formal Dining Room

Disclosures

Lead Base Disclosure, Natural Hazard Disclosure

Family Room

Separate Family Room

Foundation

Concrete Perimeter

Fire Place

Living Room

Heating

Forced Air

Views

Hills, Mountains, River / Stream

Possession

COE

Fee

Unavailable

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.