Entitled Townhome Development
For Sale
$3,475,000
3050 Myrtle Avenue, Morgan Hill, CA 95037
Two parcels in Morgan Hill are entitled for 16 townhomes ready to build, with 3-bed layouts throughout.
Property Size34,674 SF
Price / SF$100.22
Days on Market235
Property Features for 3050 Myrtle Avenue
General Information
Standard status
Active
Size
34,674 SF
Property subtype
General Commercial
Amenities
3
CC
Building Details
Year Built
2026
Listing Agency:
(415) 345-3000
Listed By:
Compass
Source:
Xome
Added: Dec 29, 2025
Changed: Aug 8
Last Checked: Apr 24 at 6:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
3050 Myrtle Avenue in Morgan Hill is composed of two separate parcels with 16 fully entitled townhomes ready to build. The planned mix includes (2) three-bedroom, three-and-a-half-bath homes and (14) three-bedroom, three-bath homes.
The property is offered for sale and presents an opportunity to move directly into the development phase for the approved townhome configuration.
For prospective builders, the existing entitlement supports a cohesive 16-unit townhome development plan, with all units designed around a three-bedroom layout and differing bath configurations in the two end homes.
The property is offered for sale and presents an opportunity to move directly into the development phase for the approved townhome configuration.
For prospective builders, the existing entitlement supports a cohesive 16-unit townhome development plan, with all units designed around a three-bedroom layout and differing bath configurations in the two end homes.
Key Highlights
- Two separate parcels in Morgan Hill are fully entitled for 16 townhomes ready to build
- Unit mix: 14 townhomes with 3 Bed / 3 Bath and 2 townhomes with 3 Bed / 3.5 Bath
- Guest facilities: 3
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,572
Businesses Nearby
Explore this area
Business Placement
Demographics for 95037, CA
53,126
Population
17,185
Households
3.1
Avg Household Size
41
Median Age
44%
College-Educated
90%
High-School Grad
120.1 sq mi
ZIP Area
442
Density / Sq Mi
$158,256
Median Household Income
$71,130
Median Earnings
$2,242
Median Rent
$1,152,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two parcels in Morgan Hill are entitled for 16 townhomes ready to build, with 3-bed layouts throughout.
Where is this residential land & home lot located?
The property is located at 3050 Myrtle Avenue Morgan Hill, CA.
What is the asking price?
The asking price for this property is $3,475,000.
What are key features of this property?
This property features: Two separate parcels in Morgan Hill are fully entitled for 16 townhomes ready to build; Unit mix: 14 townhomes with 3 Bed / 3 Bath and 2 townhomes with 3 Bed / 3.5 Bath; Guest facilities: 3
