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Paradise Valley Estate Building Opportunity

640 Sparhawk Drive, Morgan Hill, CA 95037

For Sale
$1,049,000

1.1-acre lot with approved plans for a 4,160 sqft home.

Property Size4,160 SF
Lot Size1.10 Acres
Price / SF$252.16
Days on Market250

Property Features for 640 Sparhawk Drive

General Information

Standard status Active
Size 4,160 SF
Lot size 1.10 Acres
Property subtype Lots/Land
Listing Agency: Coldwell Banker Realty
Listed By: Cam Thompson · License CA #01295759
Source: Exitrealty
Added: Mar 5 Changed: Nov 4 Last Checked: Nov 4 at 11:00AM

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 Coldwell Banker Realty

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Investment Insights

Based on property information with market context.

Located on a corner lot in Morgan Hill's Paradise Valley, this 1.1-acre property presents an opportunity to construct a luxury estate. The site comes with city-approved plans by MM Home Design Architects and Karen Aitken Associates Landscape Architects for a 4,160 square-foot home. The current owner has invested over $250,000 to secure these approvals. Situated at the intersection of two cul-de-sacs and surrounded by custom homes, the location offers a sense of rural community with urban convenience. City water and sewer are already connected. The new owner is responsible for permit fees and any future incurred costs. The westside location features open terrain, undeveloped land, and mature trees, with access to hiking and biking trails. Located 2.5 miles from Highway 101, the setting is convenient to commuting and everyday amenities.

Key Highlights

  • City‑approved plans for a 4,160 sq ft home are included, saving significant time and expense.
  • Shovel‑ready 1.1‑acre lot in the desirable Paradise Valley.
  • Prime corner lot location at the intersection of two cul‑de‑sacs.

Property Analytics

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Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store HVAC Service Furniture & Home Goods Auto Parts Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

275
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 1.1-acre lot with approved plans for a 4,160 sqft home.
Where is this residential land & home lot located?
The property is located at 640 Sparhawk Drive Morgan Hill, CA.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: City‑approved plans for a 4,160 sq ft home are included, saving significant time and expense.; Shovel‑ready 1.1‑acre lot in the desirable Paradise Valley.; Prime corner lot location at the intersection of two cul‑de‑sacs.
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