7522 Chestnut Street, Gilroy, CA 95020
List Price: $899K
Listing Status: Active
0Days on Market: 0
2 Bedrooms · 1 Bathroom · 987 sq ft
Property Type: Residential
Year Built: 1890
Lot Size: 53,803 sq ft
MLS Number: ML82061281
About This Property
Bring your vision to Gilroy! This remarkable investment features two APN (841-07-064 & 841-07-065) totaling 53,000 + square feet. This multi-use property is being sold completely As-Is. Yet, presents an exceptional development opportunity near Gilroy's vibrant downtown. The property is an original, single-story fixer-upper that features a compact kitchen, a living area, a full bathroom, two bedrooms, an unfinished basement, and a separate laundry room; all in need of renovation. Buyers should bring their vision and a contractor to explore options. For builders and developers, these expansive parcels offer incredible flexibility to maximize value. Potential residential uses range from a custom single-family home to a multi-unit development project. Its central location ensures strong long-term appeal, placing it near schools, shopping, dining, and major commuter routes like Highway 101 for easy access to Silicon Valley. With its size, zoning, and location in a market defined by steady housing demand and continued growth, this parcel represents a rare chance to build, develop, or hold as a profitable, long-term land investment. The buyer is to verify all square footage, utility connections, permits, zoning, and potential uses.
Listing provided by: Eva Scott DRE #00955448 (408) 848-2800 eva.scott@cbnorcal.com, Coldwell Banker Realty
Source: CRMLS, MLS #: ML82061281
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.