2275 Dunne Ave Morgan Hill, CA 95037
This exceptional 3.79-acre parcel in Morgan Hill, CA (APN 728-02-004), presents a unique residential development opportunity. Located at 2275 East Dunne Ave, 95037, this property is zoned for by-right development, ideal for creating three expansive estate homes, each on approximately one acre or more. Situated within city limits, all necessary services are readily available at the street. The location offers a tranquil setting, nestled amongst established large estate homes and highly-rated elementary schools. Enjoy the convenience of nearby shopping, downtown Morgan Hill's amenities, parks, hiking trails, golf courses, and Anderson Lake, while maintaining a peaceful, country-like atmosphere. Easy access to Highway 101 provides convenient commuting. This property offers a compelling investment prospect for families, developers, builders, or individual investors seeking to build exclusive estate homes. The possibility exists to combine this parcel with a neighboring development (separate listing available) to create seven additional estate homesites with an approved final map. This presents a significant opportunity to develop a truly exceptional residential community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.