0 Palm Avenue Morgan Hill, CA, 95037
$ 1,629,000Bedrooms Baths0.0 Sq 394,218
for $1,629,000. This 394,218 square foot property was built on a lot size of 9.05 Acre(s).
Land investors, great site for the future. Located just north of Palm Avenue, this property is outside of the "Coyote Valley Green Belt" to the south of Palm avenue. Future higher-density residential development may be possible as part of the Coyote Valley specific development plan. Currently being farmed by the "Grass Farm", and collecting $350.00 per acre in rent annually. Alternatively this site could be used to build a large estate home in central Coyote Valley, just a short drive from San Jose to the north or Morgan Hill to the south. The Seller is also selling an adjacent two other sister-parcels separately that are approximately 19 additional acres in size. They are all being marketed at the same $180, 000 per acre asking price. The total acreage of all three parcels if bought together would equal approximately 29.508 acres.
Lot Description Agricultural Property Level/Flat
Road Frontage County Road Paved
Miscellaneous* Excluded Features
Restrictions Horses Allowed
List By Matthew Telfer
South County Realty Mh
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.125% 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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Lots and land listings in Morgan Hill, CA
Average List Price $1,376,407
Percent of Sale Price 16 %
About Morgan Hill, CA
23 % Since 2002
$ 94,546 Median Income
37.93 Median Age
38 % Households with Children