15195 Olive Avenue Morgan Hill, CA $ 1,867,700
15195 Olive Avenue
$ 1,867,700
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15195 Olive Avenue

Morgan Hill, CA, 95037
$ 1,867,700
Baths0.0 Sq 700

Monthly Estimate*

$ 11,793

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Studio

Multi-Family Home for sale in Morgan Hill, CA

for $1,867,700. This 700 square foot home was built in 1900 on a lot size of 9.83.

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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Multi-Family Active

Price

$ 1,867,700

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

OTHER

Lot Size

9.83

Year Built

1900

Town/City

Morgan Hill

County/Region

Santa Clara

MLS | Web ID

ML82055399

Features
General
Living Area 700
Heating Other
Cooling Other
Roof Metal Other
Zoning A-20
Year Built 1900
View Hills
Property Subtype OTHER
County Santa Clara
Property Type Residential Income
HOA false
Status Active
Directions Located on the South-West corner of Watsonville Ro
City Morgan Hill
High School District Morgan Hill Unified
MLS Area Listing
Lot Size Square Feet 428195
Standard Status Active
Elementary School District Morgan Hill Unified
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Interior
Air Conditioning Y/N true
Heating Y/N true
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Exterior
Lot Features Horses Possible Level
Lot Size Area 9.83
Building Area Total 700
Lot Size Acres 9.83
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* Excluded Features
List By
Matthew Telfer

Listing Agent

South County Realty Mh

Broker

matt@scountyrealty.com

Email

Affordability Calculator

$11,793
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,793
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4567412 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/24/2026$1,867,700 Listed Price

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15195 Olive Avenue, Morgan Hill, CA, 95037 is a Multi-Family Home for sale at $1,867,700 with 700 sqft and a lot size of 9.83. 15195 Olive Avenue is a studio with 0.0 baths and was built in 1900. The property's zip code is 95037 which is in Morgan Hill, CA