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Key Details
Sold Price $1,800,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 4,423 sqft
Price per Sqft $406
MLS Listing ID ML81836597
Sold Date 07/23/21
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 2005
Lot Size 7.333 Acres
Acres 7.3334
Property Description
Massive 150k price reduction on 6/21/21. Now priced to sell immediately at $1,799,000. Incredible opportunity to purchase 2 HOMES ON 1 LOT. Offset approximately $1,100,000 in mortgage balance with $4,500 in projected rental income (based on 3.25% interest rate) 7.3 Acre Gilroy Estate built in 2005 with detached, permitted, 3 bedroom, 1.5 bath GUEST HOUSE with garage (est rent $3000-3300/mo). Main house is 6 bedrooms, 4 bathrooms with 3 beds / 2 bath on each level. Secondary kitchen and family/bonus room upstairs for entertainment or additional rental with private side/stair access (est rent of $1,500/mo). Gorgeous kitchen and living room with high ceilings to accent the large rock fireplace. Fantastic family compound or rentals to offset and pay down your mortgage!!! Unique property that is a MUST SEE!!!
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning A-40A
Interior
Cooling None
Fireplaces Type Insert, Living Room, Wood Burning, Wood BurningStove
Fireplace Yes
Exterior
Garage Spaces 3.0
Garage Description 3.0
Roof Type Composition
Attached Garage Yes
Total Parking Spaces 3
Building
Lot Description Horse Property
Story 2
Foundation Concrete Perimeter
Water Well
New Construction No
Schools
School District Gilroy Unified
Others
Tax ID 84158027
Horse Property Yes
Financing Conventional
Special Listing Condition Standard
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Bought with Karen Nelsen • Intero Real Estate Services