Home | Santa Clara County | Morgan Hill | 95037 | 15195 Olive Ave
MLS: ML82055378 | Status: Active | Price: $1,867,700
Beds/Baths: 2 / 1
Property Type: Residential
| Beds | Bath | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| 2 | 1 | 700 | 428,195 | 1900 |
Exceptional opportunity to acquire one of Morgan Hill's premier future potential development properties, offered for sale on the MLS for the first time in generations. This rare +-9.83-acre parcel has been proudly held by the same family for multiple generations and presents a unique investment opportunity directly adjacent to the Morgan Hill city limits. Although currently located within unincorporated Santa Clara County, the City of Morgan Hill has designated the property Residential Detached Medium in its General Plan, potentially allowing for a planned density of up to 7 dwelling units/acre in the future upon annexation. Another opportunity is to create an exceptional rural estate, with the potential to construct a custom single-family residence, ADU, and Jr ADU. The property is currently leased to a local farmer, providing agricultural income while preserving its long-term investment potential. Existing improvements include an old farmhouse and three mobile homes. An adjoining +-12.5-acre sister parcel to the east is also available for purchase, offering buyers the flexibility to acquire one or both properties and create a significant future landholding in one of Morgan Hill's most desirable growth corridors. Rarely does an opportunity of this caliber become available.
| Field | Value |
|---|---|
| MLS # | ML82055378 |
| MLS Source | MLSListings, Inc. |
| Days on Site | 0 |
| Feature | Details |
|---|---|
| Dining Room | Other |
| Family Room | No Family Room |
| Cooling | Other |
| Heating | Other |
| Feature | Details |
|---|---|
| Roof | Elastomeric, Metal, Other |
| Foundation | Combination |
| Feature | Details |
|---|---|
| Garage/Parking | Parking Area, Garage: 3 Car(s) |
| Elementary District | Morgan Hill Unified |
| High School District | Morgan Hill Unified |
| Sewer | Septic Tank |
| Water | Well |
| Zoning | A-20A |
Matthew Telfer
South County Realty Mh
License #: 01363041
Phone: (408) 691-1982
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Paradise Valley/Machado Elementary School | public | K-5 | 0.67 mi | 8 |
| Barrett Elementary School | public | K-5 | 1.65 mi | 4 |
| San Martin/Gwinn Elementary School | public | K-8 | 1.78 mi | 3 |
| P. A. Walsh Elementary School | public | K-5 | 2.32 mi | 4 |
| Lewis H. Britton Middle School | public | 6-8 | 2.38 mi | 7 |
| Nordstrom Elementary School | public | K-5 | 2.52 mi | 8 |
| El Toro Elementary School | public | K-5 | 2.54 mi | 5 |
| Community Adult | public | UG | 2.72 mi | N/A |
| Jackson Academy Of Music And Math (Jamm) | public | K-8 | 3.24 mi | 8 |
| Live Oak High School | public | 9-12 | 3.32 mi | 8 |
| Rucker Elementary School | public | K-5 | 4.20 mi | 7 |
| Central High (Continuation) School | public | 10-12 | 4.40 mi | 4 |
| Ann Sobrato High School | public | 9-12 | 4.42 mi | 10 |
| Christopher High School | public | 9-12 | 4.81 mi | 7 |
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This listing information is up-to-date as of July 24, 2026. For the most current information, please contact Matthew Telfer, (408) 691-1982.