$818,000
$895,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
6.59 Acres Lot
SOLD DATE : 05/21/2018
Key Details
Sold Price $818,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81677220
Sold Date 05/21/18
HOA Y/N No
Lot Size 6.592 Acres
Property Description
****$100,000 PRICE REDUCTION**** 3 beautiful, legal, contiguous lots (1.5 acres; 1.9 acres; and 3.2 acres) on level land nestled against the eastern foothills. This quiet and serene area is located about 3 miles from the Gilroy Outlets and downtown Gilroy. Build your dream home with room for in-law/guest quarters, swimming pool, horses, etc on each lot. Relax in the evenings watching the beautiful sunsets and the wildlife. These properties would be great for a family compound and an unbelievable family long-term investment. The lots are currently being used as a cherry orchard and have water rights to a shared well. Easy access to Highway 101 for commuting to San Jose or Salinas. Properties are currently in the Williamson Act; there is a process for the development of parcels within the Williamson Act. Comparable individual lots in the area are selling for between $450,000 and $600,000.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning AW
Interior
Fireplace No
Exterior
Fence None
Building
Water Well
Schools
Elementary Schools Other
Middle Schools Other
High Schools Gilroy
School District Gilroy Unified
Others
Tax ID 84157041/042/043
Financing Cash
Special Listing Condition Standard
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Bought with Murphy Deng • Phoenix Real Estate Investment Corporation