$ 2,375,000
-
$2,375,000
Price -
12.5
Acre
NEW! Buy and sell safely with virtual options - Learn More
About the Listing ML37866 - ML304458
Exceptional opportunity to acquire one of Morgan Hill's premier future development opportunities. This +-12.5-acre parcel has been owned by the same family for multiple generations and offers an outstanding investment opportunity immediately adjacent to the Morgan Hill city limits. Currently located within unincorporated county, the City of Morgan Hill has designated the property Residential Detached Medium in its General Plan, allowing for a planned density of up to 7 dwelling units per acre upon potential future annexation to the city. While preserving its long-term development upside, the property also offers the opportunity to build a spectacular custom estate with the potential for a single-family residence, detached ADU, and attached Junior ADU, subject to Santa Clara County approval and applicable regulations. The land is currently leased to a local farmer, providing agricultural income while holding for future appreciation. For buyers seeking a larger land assemblage, the adjoining +-9.83-acre sister parcel is also available for purchase, creating a combined offering of approximately +-22.33 acres with significant long-term investment potential. Opportunities to acquire generational land holdings of this size and location are exceedingly rare.
Listing Highlights for 0 Watsonville Road
Interior Details
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water: Well
Exterior Details
- Lot Description: Agricultural,Level,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: A-20A
- Roof:
- Others:
- Sewer: Other
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 77904026
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
0 Watsonville Road Morgan Hill, CA 95037
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
