10868 Dougherty AVE Active

Morgan Hill,CA 95037

$ 1800000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82013337

Lot Size 10.005 Acres

Property Description

What other Silicon Valley listing is $180,000 an acre 10 minutes from San Jose? Build Your Dream Home + ADU + Grow Farm To Table Food and raise a family here. The owner is currently installing a well and electricity on the property, making it ready for your vision. Morgan Hill is on fire with developmentthis location is just 10 minutes by car to San Jose and very close to the Caltrain station for easy commuting. Highlights: Prime parcel surrounded by major residential developments. Seller recently consulted a land use attorney on this property who confirmed the potential: if residential entitled, each acre could be worth $1 milliona possible $10 million valuation before the owner even put a building or subdivided the property. However, the the seller has never done a entitlement process. So the seller is passing on this opportunity to entitle the project. This is a fabulous location. Live on 10 acres and live the dream! This property offers multiple paths whether you want to build your dream home, add an ADU, farm, or explore subdivision options for long-term profit. Buyer and developers to verify with the County + the city of San Jose regarding entitlements and uses. This is an amazing chance to secure land in one of the Bay Areas hottest markets.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning A12.5

Exterior

Fence None

Utilities Available Other

View Y/N Yes

View Park/Greenbelt

Building

Sewer Other

Water Other

Schools

School District Other

Others

Special Listing Condition Standard

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