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Listed by Mike D'Ambrosio, DRE #01841982 • Intero Real Estate Services
$ 3,250,000
Est. payment /mo
Active
18060 Monterey RD Morgan Hill, CA 95037
0.88 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential Development Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82031201
Lot Size 0.882 Acres
Property Sub-Type Residential Development Land
Source MLSListings, Inc.
Property Description
Exceptional development opportunity on Monterey Road in Morgan Hill! This level 0.88-acre parcel offers approximately 38,400 square feet of land with 120 feet of frontage along the Monterey Corridor. Zoned FB-C (Corridor Form-Based), the property allows for a variety of potential residential and mixed-use opportunities, including townhomes, multifamily housing, live/work units, and mixed-use development, subject to verification of applicable zoning requirements and City approvals. The site currently features a 2,128-square-foot single-family residence built in 1969, with 3 bedrooms, 2.5 bathrooms, a 624-square-foot garage, pool, and spa. Public water and sewer serve the existing home. Ideally situated approximately 0.6 mile from downtown Morgan Hill, 0.8 mile from the Caltrain station, and convenient to US-101, shopping, dining, and other local amenities. Conceptual site studies illustrate multiple development possibilities; all proposed uses, density, unit counts, access, and building plans require independent verification and applicable approvals from the City of Morgan Hill. A rare opportunity for developers and investors seeking a strategically located property in a growing South Bay community.
Location
State CA
County Santa Clara
Area Morgan Hill / Gilroy / San Martin
Zoning A
Exterior
Fence Fenced Back
Utilities Available Public Utilities
Building
Lot Description Grade - Level
Sewer Sewer - Public
Water Public
Others
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