15195 Olive Avenue, Morgan Hill, CA 95037
Local realty services provided by:Better Homes and Gardens Real Estate Champions
15195 Olive Avenue,Morgan Hill, CA 95037
$1,867,700
- - Beds
- - Baths
- 700 sq. ft.
- Multi-family
- Active
Listed by: matthew telfer
Office: south county realty mh408-779-3146
MLS#:ML82055399
Source:CRMLS
Price summary
- Price:$1,867,700
- Price per sq. ft.:$2,668.14
About this home
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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Home facts
- Year built:1900
- Listing ID #:ML82055399
- Added:111 day(s) ago
- Updated:November 12, 2026 at 01:08 PM
Rooms and interior
- Living area:700 sq. ft.
Structure and exterior
- Roof:Elastomeric, Metal
- Year built:1900
- Building area:700 sq. ft.
- Lot area:9.83 Acres
- Lot Features:Level with Street
- Foundation Description:Combination
Utilities
- Water:Well
Finances and disclosures
- Price:$1,867,700
- Price per sq. ft.:$2,668.14
Parking
- Parking description:3 Carport Space(s)
- Garage:Yes
- Garage spaces:3
- Carport spaces:3
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