For sale

Price increase: $150K (7/22)

$1,800,000

12500 New Ave, San Martin, CA 95046

3beds

1,660sqft

$11,735/mo

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Single Family Residence, Residential

Built in 1963

1.45 Acres Lot

$1,727,100 Zestimate^®

$1,084/sqft

$-- HOA

What's special

Welcome to 12500 New Ave, a rare opportunity in the heart of San Martin offering privacy, space, and endless potential. Situated in a peaceful rural setting, this versatile property features a main residence with 3 bedrooms, 2 bathrooms, and a bonus room ideal for a home office, gym, or guest space. In addition to the main home, the property includes a separate 3-bedroom, 1-bath residence and a detached studio complete with its own full bathroom and kitchen, creating excellent possibilities for multi-generational living, rental income, guest accommodations, or a home-based business. With expansive grounds and flexible zoning potential, this property is perfect for those looking to create a horse ranch, car enthusiast's workshop, investment property, contractor's yard, hobby farm, or private family compound. Whether you're seeking income-producing opportunities or room to bring your vision to life, 12500 New Ave offers the space, privacy, and versatility to make it happen.

22 days

2,651

127

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Bonus Room

Dining room

Features: BreakfastNook, DiningArea

Family room

Features: KitchenFamilyRoomCombo

Kitchen

Features: Skylights

Heating

Wall Furnace

Cooling

Central Air

Appliances

Included: Electric Cooktop, Refrigerator
Laundry: In Garage

Features

One Or More Skylights
Number of fireplaces: 1
Fireplace features: Wood Burning

Interior area

Total structure area: 1,660
Total interior livable area: 1,660 sqft

Property

Parking

Total spaces: 2
Parking features: Attached
Attached garage spaces: 2

Features

Stories: 1
Patio & porch: Enclosed
Exterior features: Back Yard, Barbecue, Fenced, Storage Shed Structure, Fire Pit
Fencing: Back Yard,Gate,Wood

Lot

Size: 1.45 Acres
Features: Farm Animals Permitted, Level

Details

Additional structures: Garage, StorageFacility
Parcel number: 82534002
Zoning: RR-5A
Special conditions: Standard
Horse amenities: Fenced

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence, Residential

Materials

Foundation: Concrete Perimeter
Roof: Shingle

Condition

New construction: No
Year built: 1963

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Solar

Community & HOA

Location

Region: San Martin

Financial & listing details

Price per square foot: $1,084/sqft
Tax assessed value: $960,225
Annual tax amount: $10,951
Date on market: 7/1/2026
Listing agreement: ExclusiveRightToSell

Estimated market value

$1,727,100

$1.64M - $1.81M

$4,483/mo

Price history

Date	Event	Price
7/22/2026	Price change	$1,800,000+9.1%$1,084/sqft
Source: MLSListings Inc #ML82050551 Report a problem
7/1/2026	Listed for sale	$1,650,000+153.8%$994/sqft
Source: MLSListings Inc #ML82050551 Report a problem
5/6/2026	Listing removed	$1,800$1/sqft
Source: Zillow Rentals Report a problem
4/28/2026	Listed for rent	$1,800+9.1%$1/sqft
Source: Zillow Rentals Report a problem
5/23/2025	Listing removed	$1,650$1/sqft
Source: Zillow Rentals Report a problem
5/14/2025	Price change	$1,650-8.3%$1/sqft
Source: Zillow Rentals Report a problem
5/9/2025	Listed for rent	$1,800$1/sqft
Source: Zillow Rentals Report a problem
1/16/2002	Sold	$650,000$392/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,951 +1.9%	$960,225 +2%
2024	$10,746 +1.3%	$941,398 +2%
2023	$10,606 +1.7%	$922,940 +2%
2022	$10,427 +2.6%	$904,844 +2%
2021	$10,165 +2.5%	$887,103 +1%
2020	$9,918	$878,008 +2%
2019	$9,918 -3%	$860,793 +2%
2018	$10,229	$843,916 +2%
2017	$10,229 +1%	$827,370 +2%
2016	$10,131 +7.9%	$811,148 +1.5%
2015	$9,386 +30.6%	$798,965 +35.3%
2014	$7,189	$590,500 +21%
2013	--	$488,000 +4.9%
2012	--	$465,000 -11.3%
2011	--	$524,000 -9%
2010	--	$575,900 -17.8%
2009	--	$700,800 -4.1%
2008	--	$731,046 +2%
2007	--	$716,713 +2%
2006	--	$702,661 +2%
2005	--	$688,884 +2%
2004	--	$675,377 +1.9%
2003	--	$663,000 +244.6%
2002	--	$192,390 +2%
2001	--	$188,619

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 95046

Getting around

2 / 100

Car-Dependent

30 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

3/10
San Martin/Gwinn Elementary School
Grades: K-8Distance: 2.3 mi
8/10
Live Oak High School
Grades: 9-12Distance: 5.6 mi
7/10
Lewis H. Britton Middle School
Grades: 6-8Distance: 5.8 mi

Schools provided by the listing agent

District: MorganHillUnified

Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.