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Berkshire Hathaway HomeServices California Properties

15195 Olive Avenue, Morgan Hill, CA 95037

$1,867,700 Approx. USD 700 sqft

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Matthew Telfer | matt@scountyrealty.com
Lic#: 01363041
Broker: Courtesy of South County Realty Mh
Phone: 408-691-1982

Listing Details

Property type: Mixed Use (Multi-Family)

Property Sub-Type:

Status: Active

Listing ID: ML82055399

Price: $1,867,700

Rental Rate: $1,867,700

Lot Size:

Built in 1900

700 sqft

9.83 acres

County: Santa Clara

Zoning: A-20A

Lot description: Level

Last Updated: 7/24/2026

Days On Market (DOM): 10

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Lat/Long: 37.100004, -121.638830.
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Easement Present: (Easement present. For more information, contact agent.)

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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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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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