7522 Chestnut Street, Gilroy, CA 95020
- $899,000
- 2
- BD
- 1
- BA
- 987
- SqFt
- List Price
- $899,000
- Status
- ACTIVE
- MLS#
- ML82061281
- Days on Market
- 5
- Property Type
- Single Family Residence
- Bedrooms
- 2
- Bathrooms
- 1
- Living Area
- 987
- Lot Size
- 53,803
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
- Stories
- One Story
- Year Built
- 1890
- Acres
- 1.24
- School District
- Gilroy Unified
- Roof
- Shingle
- Kitchen Features
- Eat-in Kitchen
- Garage Description
- Parking Lot
- Cooling
- None
- Heating
- Wall Furnace
- Parking Description
- Parking Lot
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Listing courtesy of Eva Scott from Coldwell Banker Realty
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