For Sale
$1,880,000

7008 San Felipe Parcel 1Morgan Hill, CA 95135

Prime San Jose lot, SB9 process underway, build your dream home.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 1.08-acre commercial lot in San Jose, CA (APN 660-02-060), presents a remarkable development opportunity. Located at 7008 San Felipe (parcel 1), this property is zoned SJ and offers a land value of $39.96 per square foot, with an asking price of $1,880,000. The lot is currently undergoing the SB9 approval process with the City of San Jose, streamlining the path to construction. Preliminary plans for a modern two-story, 4,500 square-foot home are available, although buyers retain the flexibility to customize their vision. The property also includes a newly constructed 799 square-foot accessory dwelling unit (ADU) with two bedrooms and one bathroom. Situated in a desirable area of San Jose, near rolling hills, estate homes, and a seasonal creek, the location boasts scenic views of the surrounding hills and mountains. Enjoy convenient access to shopping and a straightforward commute to major Silicon Valley employment centers. The property falls within the highly-regarded Evergreen School District, encompassing Silver Oaks Elementary, Chaboya Middle, and Evergreen High schools. This is an unparalleled chance to build your dream home or develop a significant project in a prime San Jose location.

Highlights

  • 1.08-acre commercial lot in San Jose, CA (APN 660-02-060), asking $1,880,000.
  • Zoned SJ, land value $39.96/sq ft.
  • Undergoing SB9 approval for development.
  • Includes a newly constructed 799 sq ft ADU with 2 bedrooms, 1 bath.
  • Desirable San Jose location near schools (Evergreen School District) and Silicon Valley employers.

Property Details for 7008 San Felipe Parcel 1

Property type
Land
Lot Size (sq. ft)
47,045 SF

Location Insight

City
Morgan Hill
County
Santa Clara
State
California
Latitude
37.2751505
Longitude
-121.685341
7008 San Felipe Parcel 1, Morgan Hill, California

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7008 San Felipe Parcel 1
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