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15195 Olive Avenue

Morgan Hill, CA 95037
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Bed 2

Bed

Bath 1

Bath

SqFt700

Sqft

SqFt428,195

Sqft(Lot)

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 curre ntly 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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Detail Ic Property Details

Property Type : Residential

Price : $1,867,700

AD Id : 88375693

MLS Id : ML82055378

Beds : 2

Lot Size : 428,195 Sqft

Living Area Size : 700

Year Built : 1900

Garage : 3

County : Santa Clara

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Roofing Information

    Elastomeric, Metal, Other
  • Interior Features

    Roof: Elastomeric, Metal, Other
  • Heating & Cooling

    Has Heating: Yes Has Cooling: Yes

  • Building Information

    Year Built: 1900
    Private Pool: No
    View: Hills, Neighborhood

  • Lot Information

    Main Square Feet: 428195 Lot Size Acres: 9.83 Lot Size Source: Assessor Lot Size Square Feet: 428,195 Lot Description: Level

  • Listing Price Information

    Listing Price: $1867700

  • Tax Information

    Parcel Number: 77903005

  • Parking Information

    Parking Total: 6

    Garage Information

    Has Garage: Yes Garage Space: 3

  • Utility Information

    NaturalGasAvailable, Other
  • Location Information

    Direction: Located on the South-West corner of Watsonville Road and Olive Avenue. Cross Street: Watsonville Road WaterSource: Well
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Calle Cabezal, Morgan Hill, CA, 95037 $1,149,990 3 2 1,326 1,326 SqFt
15565 Armsby Lane, Morgan Hill, CA, 95037 $1,599,999 4 3 2,821 2,821 SqFt
17815 Woodland, Morgan Hill, CA, 95037 $1,599,988 3 2 1,860 1,860 SqFt
1235 Diego Lane, Morgan Hill, CA, 95037 $1,295,190 3 3 2,356 2,356 SqFt
16280 Oak Canyon Drive, Morgan Hill, CA, 95037 $2,195,000 4 2 2,640 2,640 SqFt
17076 Shady Lane Drive, Morgan Hill, CA, 95037 $1,299,999 3 3 2,316 2,316 SqFt
17115 Holiday Drive, Morgan Hill, CA, 95037 $1,499,000 4 2 2,904 2,904 SqFt
3310 White Oak Court, Morgan Hill, CA, 95037 $1,499,000 4 3 2,594 2,594 SqFt
17200 Holiday Drive, Morgan Hill, CA, 95037 $1,774,000 4 3 2,619 2,619 SqFt
17200 Copper Hill Drive, Morgan Hill, CA, 95037 $1,349,000 3 4 3,326 3,326 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/25/2026 @ 08:42

MLS: ML82055378 LISTED BY: Matthew Telfer, South County Realty Mh 408-779-3146 SOURCE: CRMLS

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