Opportunity awaits! This 3-bedroom, 1.5 bath home offers 1,092 square feet of living space on a 6,500+ square foot lot. A standout feature is the convenient alley access, providing easy access for RV, boat, or additional vehicle parking while also offering potential for a future ADU or other improvements (buyer to verify with the City of Gilroy). Inside, the inviting living room features open beam ceilings and a cozy wood-burning fireplace. The kitchen offers a gas cooktop, tile countertops, an eat-in dining area, and includes a refrigerator and dishwasher. An indoor laundry room with a 220V hookup adds convenience. Being sold AS IS, this property presents an excellent opportunity for investors, contractors, or buyers looking to build equity through updates, while taking advantage of the lot's future potential.
Under contract
Price cut: $30K (9/9)
$749,000
340 Walnut Ln, Gilroy, CA 95020
3beds
1,092sqft
Single Family Residence, Residential
Built in 1953
6,534 Square Feet Lot
$-- Zestimate®
$686/sqft
$-- HOA
What's special
- 72 days
- 1,051
- 29
Zillow last checked:
Listing updated:
Listed by:
Lizette Oliveri 01912782 408-607-3348,
Realty One Group Infinity 408-377-2700
Source: MLSListings Inc,MLS#: ML82053778
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Laundry
Bathroom
- Features: ShowerandTub
Dining room
- Features: EatinKitchen
Family room
- Features: NoFamilyRoom
Kitchen
- Features: Countertop_Tile
Heating
- Forced Air
Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
Appliances
- Included: Gas Cooktop, Dishwasher, Disposal, Refrigerator, Dryer, Washer
Features
- Open Beam Ceiling
- Flooring: Carpet, Tile
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 1,092
- Total interior livable area: 1,092 sqft
Property
Parking
- Parking features: Carport, Parking Area
Features
- Stories: 1
- Fencing: Back Yard,Wood
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: 84103019
- Zoning: R1
- Special conditions: Standard
- Horse amenities: Arena_Covered, RoundPen
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1953
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: Gilroy
Financial & listing details
- Price per square foot: $686/sqft
- Tax assessed value: $256,544
- Date on market: 7/26/2026
- Listing agreement: ExclusiveRightToSell
- Listing terms: FHA, VALoan, CashorConventionalLoan
Foreclosure details
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2026 | Contingent | $749,000$686/sqft |
Source:  MLSListings Inc #ML82053778 Report a problem | ||
| 9/9/2026 | Price change | $749,000-3.9%$686/sqft |
Source: MLSListings Inc #ML82053778 Report a problem | ||
| 7/26/2026 | Listed for sale | $779,000+426.4%$713/sqft |
Source: MLSListings Inc #ML82053778 Report a problem | ||
| 3/29/1994 | Sold | $148,000$136/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $256,544 +2% |
| 2025 | $3,121 +1.7% | $251,515 +2% |
| 2024 | $3,070 +0.7% | $246,584 +2% |
| 2023 | $3,050 +1.8% | $241,750 +2% |
| 2022 | $2,997 +0.6% | $237,011 +2% |
| 2021 | $2,980 +1.1% | $232,365 +1% |
| 2020 | $2,946 | $229,984 +2% |
| 2019 | $2,946 +4.8% | $225,476 +2% |
| 2018 | $2,812 | $221,056 +2% |
| 2017 | $2,812 -2% | $216,723 +2% |
| 2016 | $2,868 +8.3% | $212,475 +1.5% |
| 2015 | $2,648 +0.6% | $209,284 +2% |
| 2014 | $2,631 | $205,186 +0.5% |
| 2013 | -- | $204,260 +2% |
| 2012 | -- | $200,256 +2% |
| 2011 | -- | $196,330 +0.8% |
| 2010 | -- | $194,864 -0.2% |
| 2009 | -- | $195,328 +2% |
| 2008 | -- | $191,499 +2% |
| 2007 | -- | $187,746 +2% |
| 2006 | -- | $184,066 +2% |
| 2005 | -- | $180,458 +2% |
| 2004 | -- | $176,920 +1.9% |
| 2003 | -- | $173,678 +2% |
| 2002 | -- | $170,273 +2% |
| 2001 | -- | $166,935 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 95020
Nearby schools
Schools provided by the listing agent
- District: GilroyUnified
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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