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Pending

+21 more

$279,000

74 DOM

$930/sqft2 bd1 ba300 sqft

Call

0 Magic Springs Dr Gilroy, CA 95020

1.94acre lot

This cabin embodies craftsmanship, serenity, and privacy among towering redwoods. Built in 2014 by Lyndon K. Meader, most woodwork was handcraftedsome cut on-site, others crafted in Meaders Gilroy shop. The goal was to create a generational family spot, where family could gather and enjoy each other's company in a one-of-a-kind setting. The vaulted ceilings, exposed beams, and clerestory windows allow natural light and frame tranquil forest views. Bedrooms overlook picturesque scenes and Bodfish Creek below. Utilities include generator power, water-pressure pump, spring-fed holding tank with auto-fill/shut-off, new toilet, and Avalon Tree of Life propane heater (Built Oct 2007). A shed houses the generator. Log construction ensures long-term comfort. There is a picnic area and plenty of areas to explore along the creek to view majestic Redwoods, and more at Magic Springs, Gilroy. The seller is only able to accept cash at this time. DISCLAIMER: First 17 photos were taken in 2021; cabin is now vacant. Buyers should verify all measurements.

MLS ML82028522

(408) 721-6775 (Office) 408-781-1209 (Cell) russ.warrick@compass.com

Est. payment

$1,783/mo

Principal & interestTaxesInsurance

$1,411$291$81

Down %

Rate %

Years

Down payment: $55,800 · Total cost: $563,679

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$1,783/mo

Principal & interest: $1,411
Est. property tax: $291
Est. insurance: $81
Down payment: $55,800

Est. gross rent$1,163/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-620/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Dec 1, 2025	$279,000	—

Facts & Features

Transaction Data

Close DateMay 8, 2026

Structure & Property

Year Built2014

(408) 721-6775 (Office) 408-781-1209 (Cell) russ.warrick@compass.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Call

0 Magic Springs Drive — Gilroy — 2 Beds • 1 Bath • 300 Sq Ft | Belmont Brokerage | Belmont Brokerage

0 Magic Springs Dr Gilroy, CA 95020

About this home

Russ Warrick

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Russ Warrick

Sale & Tax History

No Recent Sales History

Location

Listing Agent

Presented by Belmont Brokerage Inc.

0 Magic Springs Drive, Gilroy, CA 95020

About This Property

Property Photos

0 Magic Springs Dr Gilroy, CA 95020

About this home

Russ Warrick

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Russ Warrick

Sale & Tax History

No Recent Sales History

Location

Listing Agent

Presented by Belmont Brokerage Inc.