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$1,275,000   Price Analysis
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1230 Bloomfield Ave
Gilroy, CA 95020
2 bed 1 bath 860 SqFt ($1482/SqFt)
18.07 acre lot. Built 1922
Listed 2024-03-06
May be USDA loan restricted due to income limits
near Gilroy

Seize the unique opportunity to invest in a piece of Santa Clara County's farming heritage with this 18-acre property located at the southeast corner of Gilroy.

Boasting panoramic views of the stunning open valley and surrounding mountains, this property offers a picturesque setting that is as breathtaking as it is serene. The property includes an 865 sq ft home featuring 2 bedrooms and 1 bathroom. Currntly rented to a tenant who is interested in continuing the lease, this home presents an immediate income-producing opportunity for investors or your own weekend country retreat.

The land itself is a prime investment, currently leased to a local farmer for agricultural use. Private agricultural well, which services the land and the home. Conveniently located with easy access to Highway 101, this property offers the perfect blend of rural tranquility and urban convenience. Whether you're an investor looking to capitalize on immediate rental income or a homeowner seeking to own a piece of Santa Clara County's rich agricultural history, this property offers limitless possibilities. Don't miss your chance to experience the beauty and potential of this exceptional property!


Presented by Michael Lombardo at
Compass.
Listing Agent Photo

Property MLS #ML81956592 from MLSListings

Bedrooms: 2
Bedroom 1 Description: Ground Floor Bedroom

Total Bathrooms: 1
Full Bathrooms: 1

Oven Range
Dining Room Description: Eat in Kitchen

Laundry Features: In Utility Room

Heating Features: No Heating

Flooring: Laminate, Vinyl / Linoleum

Fencing: Fenced Back
Yard: Back Yard

Lot Size Acres: 18.07
Lot Size Source: Assessor
Lot Size Square Feet: 787129

Parking Features: Off-Street Parking

View: Hills, Orchard, Valley

Association: No
Calculated Total Monthly Association Fees: 0

High School District: Gilroy Unified

Las Animas Elementary School is a public elementary school located approximately 3.3 miles away.
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Gilroy High School is a public high school located approximately 3.3 miles away.
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Solorsano Middle School is a public middle school located approximately 4.3 miles away.
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Gavilan Hills Academy is a private elementary and middle school located approximately 2.2 miles away.
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Horse Amenities: Horse Property: Possible, Horse Property Description: Unimproved

Source Listing Status: Active
County: Santa Clara
Cross Street: Bolsa
Source Property Type: Residential
Area: Morgan Hill / Gilroy / San Martin
Source Neighborhood: Morgan Hill / Gilroy / San Martin
Parcel Number: 841-38-001
Postal City: GILROY
Zoning: A-40A
Property Subtype: Single Family Home
Source System Name: C2C

Price Changed 2024-06-23
$1,275,000
MLSListings
Price Changed 2024-05-29
$1,350,000
MLSListings
Listed 2024-03-06
$1,399,985
MLSListings

Total Square Feet Living: 860
Year Built: 1922
Construction Materials: Wood Frame
Foundation Details: Concrete Perimeter
Property Age: 102
Roof: Composition
Structure Type: Detached
Total Area Sqft: 860

Sewer: Existing Septic
Public Utilities
Water Source: Well - Agricultural / Other, Well - Domestic
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property photo

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.