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Listed by Mike D'Ambrosio • Intero Real Estate Services, DRE#01841982
$ 3,250,000
Est. payment /mo
Active
18060 Monterey RD Morgan Hill, CA 95037
0.88 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential Development Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82031201
Lot Size 0.882 Acres
Property Sub-Type Residential Development Land
Property Description
The proposed development offers two compelling housing options designed for modern living and strong community value. Option 1 features 23 three-story townhomes with spacious layouts, enhanced privacy, and a cohesive neighborhood feel, incorporating private yards and rooftop terraces for elevated outdoor living. The site plan maximizes efficiency by utilizing an existing southern roadway and includes three vehicular access points for improved circulation while meeting all setback and open-space requirements. Option 2 presents a mixed-use condo concept under a form-based zoning approach, with four stories of residential units above ground-floor parking and commercial space. This design includes approximately 100 units ranging from studios to three bedrooms, averaging 850 to 900 square feet, totaling about 104,000 square feet, along with 6,000 square feet of commercial frontage. Built with a concrete podium and wood framing above, the five-story structure incorporates 140 parking stalls with hydraulic lifts and shared rooftop amenities, delivering a flexible, efficient, and vibrant residential environment.
Location
State CA
County Santa Clara
Area Morgan Hill / Gilroy / San Martin
Zoning A
Exterior
Fence Fenced Back
Utilities Available Public Utilities
Present Use Residential
Building
Lot Description Grade - Level
Sewer Sewer - Public
Water Public
Others
Tax ID 726-25-005
Horse Property No
Special Listing Condition Not Applicable
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