For sale

$3,250,000

Est. $21,637/mo —

Land

•

0.88

acre (lot)

18060 Monterey Rd, Morgan Hill, CA 95037

About this home

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.

Vacant landProperty Type

0.88 acresLot Size

$3,693,182Price/Acres

Listed by Mike D'Ambrosio •DRE #01841982 • Intero Real Estate Services

Contact: 408-471-4718

Listing updated: Jul 28, 2026 at 05:13pm

Redfin checked: 2 minutes ago

•Source:MLSListings #ML82031201

Payment calculator

$21,637 per month

Principal and interest$17,737

Property taxes

$3,385

HOA dues

Home insurance

$515

Utilities

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Open houses

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Nearby open houses (10)

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3 beds3 baths2,102 sq ft
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OPEN FRI, 4PM TO 6PM
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OPEN SAT, 1PM TO 4PM
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OPEN SAT, 1PM TO 4PM3D WALKTHROUGH
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OPEN SAT, 1PM TO 4PM3D WALKTHROUGH
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REDFIN OPEN SAT, 2PM TO 4PM3D WALKTHROUGH
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Around this home

Schools

K - 12
Preschool & daycare

El Toro Elementary School

Public K-5 • Assigned • 0.6mi

5/10

Lewis H. Britton Middle School

Public 6-8 • Assigned • 0.5mi

7/10

Ann Sobrato High School

Public 9-12 • Assigned • 1.5mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Property details

Interior
Exterior

Interior features
Currently used as a residential property

Sale and tax history for 18060 Monterey Rd

Sale History
Tax History

Date

Event

Price

bridgeMLS, Bay East AOR, or Contra Costa AOR #ML82031201

Jan 15, 2026

Listed

$3,250,000

Jan 14, 2026

Listed

$3,250,000

Year

Property tax

Land + Additions

Assessment*

2025

$1,967 (+1.9%)

$1,071,000 + $326,400

$1,397,400

2024

$1,931 (+1.3%)

$34,387 + $123,732

$158,119

2023

$1,907 (+1.3%)

$33,713 + $121,306

$155,019

2022

$1,882 (+2.5%)

$33,052 + $118,928

$151,980

2021

$1,835 (+7.1%)

$32,404 + $116,597

$149,001

2020

$1,714 (−2.5%)

$31,769 + $114,311

$146,080

2019

$1,758

$31,444 + $113,139

$144,583

2018

$1,759 (+1.1%)

$30,828 + $110,921

$141,749

2017

$1,741 (+7.1%)

$29,632 + $106,615

$136,247

2016

$1,626 (+1.2%)

$29,632 + $106,615

$136,247

2015

$1,607

$29,051 + $104,525

$133,576

2014

$1,607 (+6.6%)

$28,055 + $100,939

$128,994

2012

$1,507 (+3.0%)

$27,929 + $100,483

$128,412

2011

$1,464 (+0.4%)

$27,382 + $98,513

$125,895

2010

$1,458 (+0.8%)

$26,846 + $96,582

$123,428

2009

$1,447 (+3.9%)

$26,646 + $95,861

$122,507

2008

$1,392

$26,187 + $94,205

$120,392

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.88 Acres

Year renovated

1970

Finished Sq. Ft.

2,128

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,128

Year built

1969

Style

Single Family Residential

County

Santa Clara County

APN

72625005

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 22, 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.

Zone overlays

Planned Development Combining District

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

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,...
1 month ago • Morgan Hill
Cindy Posnanski
Redfin agent
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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

5/10 Fire Factor

4% chance of being in a wildfire in next 30 years

4/10 Heat Factor

7 days above 97° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

7/10 Air Factor

14 unhealthy days expected this year, 15 days in 30 years

Provided by First Street

Historical weather

Morgan Hill, CA • 95037

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

86/ 100

Very good sunlight

Sunscore

This home receives average direct sun exposure in Morgan Hill. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.2 hrs

6.3 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 18060 Monterey Rd

$3,013,983

$236K under list price of $3.25M

Nearby comparable homes

The Redfin Estimate uses 4 recent nearby sales, priced between $967K to $1.3M.

SOLD JUL 10, 2026
$1,255,000 Last sold price
4 beds3 baths2,040 sq ft
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smaller lot
SOLD MAR 4, 2026
$1,225,000 Last sold price
4 beds2.5 baths2,431 sq ft
17992 Hillwood Ln, Morgan Hill, CA 95037
smaller lot
SOLD SEP 14, 2026
$967,000 Last sold price
3 beds2.5 baths1,364 sq ft
17765 Calle Hermosa, Morgan Hill, CA 95037
smaller lot
SOLD JUN 17, 2026
$1,299,000 Last sold price
3 beds3 baths2,180 sq ft
16752 San Clemente Ln, Morgan Hill, CA 95037
smaller lot

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Early Access listings

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New listings for sale in 95037

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239 Harvest Ln #239, Morgan Hill, CA 95037

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251 Berkshire Dr, Morgan Hill, CA 95037

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REDFIN OPEN SAT, 2PM TO 4PM3D WALKTHROUGH

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Details provided by MLSListings and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

See this home in person

Nearby open houses (10)

Around this home

Schools

Lifestyle

Property details

Sale and tax history for 18060 Monterey Rd

Public record

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 18060 Monterey Rd

Early Access listings

Nearby similar homes

New listings for sale in 95037

More real estate resources