7522 Chestnut ST, Gilroy, CA 95020

$899,000
2
BD
1
BA
987
SqFt

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Listing courtesy of Eva Scott from Coldwell Banker Realty. 408-309-5160

List Price
$899,000
Status
ACTIVE
MLS#
ML82061281
Subtype
res
Year Built
1890
Bedrooms
2
Bathrooms
1
Full Baths
1
Living Area
987
Lot Size
53,803
Acres
1.24
Neighborhood
Morgan Hill / Gilroy / San Martin

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

Zoning
R3
Roof
Composition
Foundation
Concrete Perimeter

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Calculator source: Real Geeks

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