7522 Chestnut ST, Gilroy, CA 95020
- $899,000
- 2
- BD
- 1
- BA
- 987
- SqFt
- List Price
- $899,000
- MLS#
- ML82061281
- Status
- ACTIVE
- Bedrooms
- 2
- Total Bathrooms
- 1
- Full Bathrooms
- 1
- Sqft. of Residence
- 987
- Lot Size
- 53,803
- Listing Area
- Morgan Hill / Gilroy / San Martin
- Year Built
- 1890
Property Description
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.
Additional Information
- Acres
- 1.24
- Cooling System
- None
- Family Room
- No Family Room
- Fence
- Fenced Back, Gate, Partial Fencing
- Floor Covering
- Carpet, Vinyl / Linoleum
- Foundation
- Concrete Perimeter
- Garage Parking
- No Garage, On Street, Parking Area
- Heating System
- Wall Furnace
- Laundry Facilities
- Inside
- Living Area
- 987
- Lot Size
- 53,803
- Neighborhood
- Morgan Hill / Gilroy / San Martin
- Other Utilities
- Public Utilities
- Roof
- Composition
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Zoning
- R3
Listing courtesy of Eva Scott, 408-309-5160 from Coldwell Banker Realty
(If provided) CoList: from
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