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For sale
  • $1,867,700

    15195 Olive Ave, Morgan Hill, CA 95037

    2beds
    700sqft
    : 
    $12,061/mo
    Get pre-qualified
    Farm, Residential
    Built in 1900
    9.83 Acres Lot
    $1,830,900 Zestimate®
    $2,668/sqft
    $-- HOA

    What's special

    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 currently 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.
    19 days
    |
    782
    |
    18
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Telfer 01363041 408-691-1982,

    South County Realty Mh 408-779-3146

    Source: MLSListings Inc,MLS#: ML82055378MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Dining room
      • Features: Other
      Family room
      • Features: NoFamilyRoom
      Heating
      • Other
      Cooling
      • Other
      Interior area
      • Total structure area: 700
      • Total interior livable area: 700 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Parking Area
      • Garage spaces: 3
      • Carport spaces: 3
      • Covered spaces: 6
      Features
      • Has view: Yes
      • View description: Hills
      Lot
      • Size: 9.83 Acres
      • Features: Level
      Details
      • Parcel number: 77903005
      • Zoning: A-20A
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Farm, Residential
      Materials
      • Foundation: Combination
      • Roof: Elastomeric, Metal, Other
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Gas: MasterMeter, NaturalGas, Other, PropaneOnSite, PublicUtilities
      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Natural Gas Available, Other, Propane, Public Utilities

      Community & HOA

      Location
      • Region: Morgan Hill

      Financial & listing details

      • Price per square foot: $2,668/sqft
      • Date on market: 7/24/2026
      • Listing agreement: ExclusiveRightToSell

        Estimated market value

        $1,830,900

        $1.74M - $1.92M

        $3,333/mo

        Price history

        DateEventPrice
        7/24/2026Listed for sale$1,867,700$2,668/sqft
        Source: MLSListings Inc #ML82055378 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 95037

        Getting around

        15 / 100
        Car-Dependent
        28 / 100
        Some Transit
        39 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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