Prime R2 zoned parcel available now at an unbelievable price! The Monterrey Road Area Land Use is Mulit-Family Low Density (R2-3500). Careful evaluation of this opportunity will reveal that this is the right property at a great price and available right now. By the way, the adjacent commercial parcel is available also, together approximately 1 acre with prime Monterey Road frontage.
Vacant landProperty Type
0.48 acresLot Size
$3,352,963Price/Acres
Listed by Steve Ramos•DRE #01291727• Berkshire Hathaway HomeServices Drysdale Prop
Contact: (408) 859-6445
Bought with Steve Ramos•DRE #01291727• Berkshire Hathaway HomeServices Drysdale Prop
Prime R2 zoned parcel available now at an unbelievable price! The Monterrey Road Area Land Use is Mulit-Family Low Density (R2-3500). Careful evaluation of this opportunity will reveal that this is the right property at a great price and available right now. By the way, the adjacent commercial parcel is available also, together approximately 1 acre with prime Monterey Road frontage.
Prime R2 zoned parcel available now at an unbelievable price! The Monterrey Road Area Land Use is Mulit-Family Low Density (R2-3500). Careful evaluation of this opportunity will reveal that this is the right property at a great price and available right now. By the way, the adjacent commercial parcel is available also, together approximately 1 acre with prime Monterey Road frontage.
Year
Property tax
Land + Additions
Assessment*
2025
$1,141 (+0.6%)
$967,159 + $5,869,148
$6,836,307
2024
$1,134 (−0.5%)
$948,196 + $5,754,067
$6,702,263
2023
$1,140 (+1.0%)
$929,604 + $5,641,243
$6,570,847
2022
$1,128 (−1.3%)
$911,377 + $5,530,631
$6,442,008
2021
$1,143 (+9.4%)
$893,507 + $5,422,188
$6,315,695
2020
$1,044 (−98.5%)
$875,988 + $5,315,871
$6,191,859
2019
$71,125 (+151.2%)
$867,006 + $5,261,364
$6,128,370
2018
$28,316 (+181.2%)
$850,006 + $5,158,200
$6,008,206
2017
$10,070 (+1,800.0%)
$817,000
2014
$530 (−30.7%)
$35,599
2012
$764 (+52.6%)
$35,439
2011
$501 (+0.5%)
$34,745
2010
$498 (+0.8%)
$34,064
2009
$494 (+3.5%)
$33,810
2008
$478
$33,227
Tax history for 16170 MONTEREY St
Year
Property tax
Land + Additions
Assessment*
2025
$1,141 (+0.6%)
$967,159 + $5,869,148
$6,836,307
2024
$1,134 (−0.5%)
$948,196 + $5,754,067
$6,702,263
2023
$1,140 (+1.0%)
$929,604 + $5,641,243
$6,570,847
2022
$1,128 (−1.3%)
$911,377 + $5,530,631
$6,442,008
2021
$1,143 (+9.4%)
$893,507 + $5,422,188
$6,315,695
2020
$1,044 (−98.5%)
$875,988 + $5,315,871
$6,191,859
2019
$71,125 (+151.2%)
$867,006 + $5,261,364
$6,128,370
2018
$28,316 (+181.2%)
$850,006 + $5,158,200
$6,008,206
2017
$10,070 (+1,800.0%)
$817,000
2014
$530 (−30.7%)
$35,599
2012
$764 (+52.6%)
$35,439
2011
$501 (+0.5%)
$34,745
2010
$498 (+0.8%)
$34,064
2009
$494 (+3.5%)
$33,810
2008
$478
$33,227
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
1 Acre
Year renovated
2018
Sq. Ft.
20,609
Year built
2018
Style
Multi-Family (5+ Unit)
County
Santa Clara County
APN
81703055
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 21, 2026.
FB-C
Corridor Form-Based Zoning District
The purpose of the Corridor Form-Based FB-C zoning district is to accommodate variable intensities of infill and redevelopment with a mix of walkable uses, such as retail, service, and commercial, that are sensitive to the scale and character of the area.
Permitted uses
Include but are not limited to:
Bank
Convenience store
General retail
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Bed & breakfast
Office
Oct 21, 2025 • Final
Solar
Install a roof-mounted solar photovoltaic system with a load center.
Electrical
Solar
Dec 17, 2019 • Final
Building commercial
Perform tenant improvements to create new offices.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Exterior
Exterior Features
Fencing: Partial Fencing
Building Information
Subclass: Residential Development Land
Property Information
Development Status: Subdivision (Possible), Tentative Map Pending, Final Map Pending
Present Use: Vacant
Property Primary ID: 412125
Lot Information
Lot Size Area Minimum Units: Sq. Ft.
Lot Size Area Maximum Units: Sq. Ft.
Lot Size Source: Assessor
Road Sidewalks: Curbs/Gutters
Zoning: CT
Financial
Tax/Assessment Information
City Transfer Tax: No
Lease Information
Lease Amount: $399,999
Utilities
Utility Information
Utilities: On Pole, Gas (Available at Street)
Water Information
Water: Water On Site
Location
School Information
Elementary School District: Morgan Hill Unified
High School District: Morgan Hill Unified
Public facts
Beds: —
Baths: —
Sq. Ft.: 20,609
Stories: 2.0
Lot Size: 1 acres
Style: Multi-Family (5+ Unit)
Year Built: 2018
Year Renovated: 2018
County: Santa Clara County
APN: 81703055
Home facts updated by county records on Aug 21, 2026
Other
Miscellaneous Information
Incorporated: Yes
Around this home
Schools
Barrett Elementary School
Public K-5 • Assigned • 0.9mi
4/10
Martin Murphy Middle School
Public 6-8 • Assigned • 10.2mi
6/10
Ann Sobrato High School
Public 9-12 • Assigned • 3.3mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
Morgan Hill is a residential city in Santa Clara County, California. It sits at the southern tip of Silicon Valley, about 45 minutes south of San Jose, with a population of roughly 45,483. Known for its wineries, nature parks, and historic downtown,...