2025 Pacheco Pass Highway, Gilroy, California 95020, Gilroy, - bed, bath

home-pic
ACTIVE$995,000
2025 Pacheco Pass Highway, Gilroy, California 95020
3Beds
1Bath
2,682Sqft
84,680.641Lot
Year Built
1940
Close
-
List price
$995K
Original List price
$1.15M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML81613873
Home ConditionPoor
Features
Good View:
View-

About this home

Major Price Reduction! Property shown by appointment only. DO NOT DISTURB OCCUPANTS! Incredible opportunity only minutes to town! This property consists of two separate parcels being sold totaling 2.13 acres of usable land (APN# 841-23-013 & 841-23-009). The properties feature a 3 bedroom 1 bath home (approximately 1300 sf.), operating neighborhood market (approximately 1032 sf., 1 bedroom cottage (approximately 350 sf.) and a shop/barn (approximately 750 sf. Numerous fruit trees, 7 off street parking stalls, and street signage. Recent addition of Traffic light at intersection of Pacheco Pass Highway and Frasier Lake Road has increased business tremendously.Why buy a single family residence when you can buy a family compound??? This property has great upside potential and in the path of future development. Don't miss out!!

Price History

Date
Event
Price
08/11/25
Price Change
$995,000
09/10/16
Listing
$1,150,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (123 Listings)
Beds34
28%
Baths13
2%
Square foot2,6822,478
62%
Lot Size84,6817,020
92%
Price$995K$1.21M
25%
Price per square foot$371$516
2%
Built year19409990999
6%
HOA
Days on market3343152
99%
Condition Rating
Poor

The property was built in 1940, making it 84 years old. While the main house appears to be occupied, the visible interiors (dated carpets, older ceiling fans, window AC unit) and the extremely rustic condition of the outbuildings (barn/shop) strongly suggest a lack of significant renovations in many decades. The absence of kitchen and bathroom images, combined with the property's age and visible dated features, indicates these critical areas are likely very outdated and would require substantial rehabilitation. Major systems (HVAC, electrical, plumbing) are almost certainly at or beyond their expected lifespan, necessitating extensive replacements. The overall condition points to a property that is uncomfortable by modern standards and requires significant investment to bring it up to current living quality, aligning with the 'Poor' classification.
Pros & Cons

Pros

Diverse Income-Generating Assets: The property includes an operating neighborhood market and a 1-bedroom cottage, offering immediate revenue streams and versatile business opportunities.
Strategic Commercial Location: Enhanced by a newly installed traffic light at a key intersection, the location boasts increased visibility and business activity, boosting commercial potential.
Significant Development Potential: Positioned 'in the path of future development' with 'great upside potential,' indicating strong long-term investment and appreciation prospects.
Expansive & Usable Land: Comprising two separate parcels totaling 2.13 acres of usable land, providing ample space for expansion, various uses, and outdoor amenities including numerous fruit trees and 7 off-street parking stalls.
Attractive Price Reduction: A substantial price drop from $1.15 million to $995,000 presents a compelling value proposition for potential buyers.

Cons

Advanced Age of Structures: Built in 1940, the existing buildings (main home, market, cottage, shop/barn) likely require significant capital investment for modernization, repairs, and system upgrades.
Limited Bathroom Capacity: The main 3-bedroom residence features only one bathroom, which is inadequate for contemporary family needs and may necessitate costly renovations to add more facilities.
Occupancy & Access Constraints: Current occupancy necessitates appointment-only showings and prohibits disturbing occupants, potentially complicating the viewing, inspection, and purchase process.

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