THIS LOT IS BEING SOLD ALONG WITH ADJACENT LOT 16325 BARRET AVENUE (ML81720185) Builder/Contractor's dream, Property's zoning has been changed, is now R-2 Medium Density Residential district. Value is in the land and the surroundings, is located in a rapidly developing neighborhood area, current developments are with-in the same block to the north and the south of this property. Allowable building includes Attached single family residence, town house/condos, and high-end apartment dwellings. Property is located one block off of Monterey Highway with easy access from Highway 101 from Cochrane Road and Dunn Avenue off ramps. Ideal location for short easy commute to the heart of Silicon Valley tech areas. Walking distance to the trendy popular down town Morgan Hill which is also home of the long running annual "Mushroom Mardi Gras" and just a few miles from Gilroy home of the Gilroy Garlic Festival, also close to many local award winning wineries and Lake Anderson recreational park. .
Morgan Hill / Gilroy / San Martin
Greenbelt, Hills, Mountains, City Lights, Downtown
|Price Reduced (from $3,850,000)||$3,100,000||$750,000 (19.48%)|
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