0 Palm Avenue Morgan Hill, CA $ 1,629,000
0 Palm Avenue
$ 1,629,000

0 Palm Avenue Morgan Hill, CA, 95037

$ 1,629,000
Bedrooms Baths0.0 Sq 394,218

Monthly Estimate*

$ 6,316

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0 Palm Avenue, Morgan Hill, CA 95037 - Image 1
0 Palm Avenue, Morgan Hill, CA 95037 - Image 2
0 Palm Avenue, Morgan Hill, CA 95037 - Image 3

Lots and Land for sale in Morgan Hill, CA

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.

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Lots and Land Active

Price

$ 1,629,000

Property Type

Lots and Land

Style

Lot/Land

Lot Size

9.05 Acre(s)

Town/City

Morgan Hill

County/Region

Santa Clara

MLS | Web ID

ML81726993

Features
Exterior
Lot Description Agricultural Property Level/Flat
Road Frontage County Road Paved
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Miscellaneous
Documents Other
Restrictions Horses Allowed
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* Excluded Features
List By
Matthew Telfer

Listing Agent

South County Realty Mh

Broker


Affordability

$ 6,316 per month
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Monthly Principal & Interest
$6,316
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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0 Palm Avenue, Morgan Hill, CA, 95037 is a Lots and Land for sale at $1,629,000 with 394,218 sqft and a lot size of 9.05 Acre(s). 0 Palm Avenue has 0.0 baths. The property's zip code is 95037 which is in Morgan Hill, CA