Bring your vision to Gilroy! This remarkable investment features two APN (841-07-064 & 841-07-065) totaling 53,000 + square feet. This multi-use property is being sold completely As-Is. Yet, presents an exceptional development opportunity near Gilroy's vibrant downtown.
The property is an original, single-story fixer-upper that features a compact kitchen, a living area, a full bathroom, two bedrooms, an unfinished basement, and a separate laundry room; all in need of renovation. Buyers should bring their vision and a contractor to explore options.
For builders and developers, these expansive parcels offer incredible flexibility to maximize value. Potential residential uses range from a custom single-family home to a multi-unit development project.
Its central location ensures strong long-term appeal, placing it near schools, shopping, dining, and major commuter routes like Highway 101 for easy access to Silicon Valley. With its size, zoning, and location in a market defined by steady housing demand and continued growth, this parcel represents a rare chance to build, develop, or hold as a profitable, long-term land investment. The buyer is to verify all square footage, utility connections, permits, zoning, and potential uses.
For sale
$899,000
7522 Chestnut St, Gilroy, CA 95020
2beds
987sqft
Single Family Residence, Residential
Built in 1890
1.24 Acres Lot
$865,600 Zestimate®
$911/sqft
$-- HOA
What's special
- 18 days
- 1,400
- 105
Zillow last checked:
Listing updated:
Listed by:
Eva Scott 00955448 408-309-5160,
Coldwell Banker Realty 408-848-2800
Source: MLSListings Inc,MLS#: ML82061281
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Dining room
- Features: EatinKitchen
Family room
- Features: NoFamilyRoom
Heating
- Wall Furnace
Cooling
- None
Appliances
- Laundry: Inside
Features
- Flooring: Carpet, Vinyl Linoleum
Interior area
- Total structure area: 987
- Total interior livable area: 987 sqft
Video & virtual tour
Property
Parking
- Parking features: No Garage, On Street, Parking Area
Features
- Stories: 1
- Fencing: Back Yard,Gate,Partial
Lot
- Size: 1.24 Acres
Details
- Additional structures: Sheds
- Parcel number: 84107064
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Fixer
- New construction: No
- Year built: 1890
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: $911/sqft
- Tax assessed value: $256,267
- Date on market: 9/16/2026
- Listing agreement: ExclusiveRightToSell
Estimated market value
$865,600
$822,000 - $909,000
$2,742/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2026 | Listed for sale | $899,000$911/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $256,267 +377.5% |
| 2025 | $786 +1.6% | $53,665 +2% |
| 2024 | $774 +0.7% | $52,614 +2% |
| 2023 | $768 +1.9% | $51,584 +2% |
| 2022 | $754 -11.6% | $50,573 +2% |
| 2021 | $853 +15.2% | $49,583 +1% |
| 2020 | $740 | $49,076 +2% |
| 2019 | $740 +7.1% | $48,115 +2% |
| 2018 | $690 | $47,172 +2% |
| 2017 | $690 -1.5% | $46,248 +2% |
| 2016 | $701 +9.3% | $45,342 +1.5% |
| 2015 | $641 +0.8% | $44,662 +2% |
| 2014 | $636 | $43,788 +0.5% |
| 2013 | -- | $43,591 +2% |
| 2012 | -- | $42,737 +2% |
| 2011 | -- | $41,900 +0.8% |
| 2010 | -- | $41,588 -0.2% |
| 2009 | -- | $41,687 +2% |
| 2008 | -- | $40,870 +24.4% |
| 2007 | -- | $32,846 +2% |
| 2006 | -- | $32,202 +2% |
| 2005 | -- | $31,571 +2% |
| 2004 | -- | $30,952 +1.9% |
| 2003 | -- | $30,385 +2% |
| 2002 | -- | $29,790 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
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.





