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Morgan Hill, CA

$1,867,700

15195 Olive Avenue, Morgan Hill, CA
2
Beds
1
Baths
700
Sq Ft
1900
Built
0
Days listed

About this home

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.

Facts & features

Interior
Bedrooms
2
Bathrooms
1 full
Living area
700 sq ft
Exterior & lot
Lot size
9.83 acres (428,195 sq ft)
View
Hills, Neighborhood
Year built
1900
Parking spaces
6
Community
Area
699 - Not Defined
County
Santa Clara
Listing details
Status
Active
Property type
Farm
Days on market
0
Listed
2026-07-24
Parcel #
77903005
MLS #
ML82055378
Listed by
Matthew Telfer · South County Realty Mh

Location

Price history

Listed
$1,867,700 · 2026-07-24
Days on market
0
Current price
$1,867,700
Financing

Could this home be yours?

Estimated monthly payment
$11,716
$9,444 principal & interest · $2,272 taxes & insurance
$373,540
Estimate only
Loan $1,494,160

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Estimated value range nearby
$418,021$490,721

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Listing data provided by CRMLS

Listing courtesy of South County Realty Mh. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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