- $1.9M Price
- 700 Sqft
- 9.83 Acres
- 51 DOM
15195 Olive Avenue
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.
Essential Information
- MLS® #ML82055399
- Price$1,867,700
- Bathrooms0.00
- Square Footage700
- Acres9.83
- Year Built1900
- TypeResidential Income
- Sub-TypeMixed Use
- StatusActive Under Contract
Community Information
- Address15195 Olive Avenue
- Area699 - Not Defined
- CityMorgan Hill
- CountySanta Clara
- Zip Code95037
Amenities
- UtilitiesNatural Gas Available, Other
- # of Garages3
- ViewHills
Exterior
- Lot DescriptionLevel
- RoofElastomeric, Metal, Other
- FoundationCombination
School Information
- DistrictOther
Additional Information
- Date ListedJuly 24th, 2026
- Days on Market51
- ZoningA-20A
Listing Details
- AgentMatthew Telfer
- OfficeSouth County Realty Mh
Price Change History for 15195 Olive Avenue, Morgan Hill, (MLS® #ML82055399)
| Date | Details | Change |
|---|---|---|
| Status Changed from Active to Active Under Contract | – |
Matthew Telfer, South County Realty Mh.
Based on information from California Regional Multiple Listing Service, Inc. as of September 13th, 2026 at 3:56am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.