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Listed by Jenny Huang • Coldwell Banker Realty
$1,959,000
Est. payment /mo
16.73 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Agriculture/Ranch Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82017207
Lot Size 16.730 Acres
Property Sub-Type Agriculture/Ranch Land
Property Description
Rare opportunity to own 16.73± acres featuring a main home, a converted barn/workshop, and multiple income streams. The main home is approx. 1,200 sqft with 2 bedrooms and 1 bath, currently leased at $3,250/month. The barn conversion is approx. 1,500 sqft with 1 bedroom, 1 bath, and a large garage, currently leased at $2,915/month. Additional storage space is leased month-to-month at $500/month, and the yard was previously leased at $2,500/month (currently vacant). Each home has a separate entrance and fenced yard. The land is leased at $850 per acre/year. Shared domestic well. Excellent opportunity for investors or those seeking rural living with strong income potential. Located minutes from Gilroy Premium Outlets, Costco, Lowes, and Home Depot, with easy access to Hwy 101 and Hwy 152, only about 40 minutes from Silicon Valley.
Location
State CA
County Santa Clara
Area Morgan Hill / Gilroy / San Martin
Zoning AW
Exterior
Fence Fenced, Fenced Front, Gate, Partial Fencing
Utilities Available Public Utilities
View Hills, Mountains
Present Use Agricultural/Residential
Building
Lot Description Agricultural Use
Sewer Existing Septic
Water Well
Others
Tax ID 841-63-011-1
Horse Property Possible
Special Listing Condition Not Applicable
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