Exceptional opportunity to acquire one of Morgan Hill's premier future development opportunities. This +-12.5-acre parcel has been owned by the same family for multiple generations and offers an outstanding investment opportunity immediately adjacent to the Morgan Hill city limits. Currently located within unincorporated county, the City of Morgan Hill has designated the property Residential Detached Medium in its General Plan, allowing for a planned density of up to 7 dwelling units per acre upon potential future annexation to the city. While preserving its long-term development upside, the property also offers the opportunity to build a spectacular custom estate with the potential for a single-family residence, detached ADU, and attached Junior ADU, subject to Santa Clara County approval and applicable regulations. The land is currently leased to a local farmer, providing agricultural income while holding for future appreciation. For buyers seeking a larger land assemblage, the adjoining +-9.83-acre sister parcel is also available for purchase, creating a combined offering of approximately +-22.33 acres with significant long-term investment potential. Opportunities to acquire generational land holdings of this size and location are exceedingly rare.
Vacant landProperty Type
12.5 acresLot Size
$190,000Price/Acres
Listed by Matthew Telfer•DRE #01363041• South County Realty Mh
Paradise Valley, located between Cochrane Road and East Dunne Avenue, is a residential and semi-rural Morgan Hill neighborhood with hillside views and equestrian pockets. The neighborhood’s character concentrates around the Cochrane Road corridor near Monterey Road, where coffee counters, local eateries, and small storefronts set a relaxed, town-center rhythm. Housing trends toward ranch-style homes, newer subdivisions, and larger-lot properties with room for gardens and workshops. The landscape shifts from valley-floor streets to oak-dotted slopes, with open-space edges framing many blocks. Community touchstones include Odeum Restaurant, Kelly Brewing Company, and the Morgan Hill Community Playhouse. Weekends often orbit around trail time and downtown tables rather than big-box bustle.
Provided by Walk Score and Local Logic
Property details
Exterior
Finance
Exterior features
Partial fencing
Agricultural land use
Level grade
Additional lot details listed in remarks
Home design
Agriculture/Ranch Land property type
Zoned A-20A
Farm land / agricultural development status
Possible horse property
Construction
Assessor-reported lot size
12.5 acres
Utilities
Well water
On-site electricity
Other septic system
Other
Located on the southeast corner of Watsonville Road and Olive Avenue in Morgan Hill, CA
Electricity and solar
View estimated energy costs and solar savings for this home
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML82055369
Aug 27, 2026
Pending
—
Aug 27, 2026
Contingent
—
Jul 24, 2026
Listed
$2,375,000
Jul 24, 2026
Listed
$2,375,000
+11
Exceptional opportunity to acquire one of Morgan Hill's premier future development opportunities. This +-12.5-acre parcel has been owned by the same family for multiple generations and offers an outstanding investment opportunity immediately adjacent to the Morgan Hill city limits. Currently located within unincorporated county, the City of Morgan Hill has designated the property Residential Detached Medium in its General Plan, allowing for a planned density of up to 7 dwelling units per acre upon potential future annexation to the city. While preserving its long-term development upside, the property also offers the opportunity to build a spectacular custom estate with the potential for a single-family residence, detached ADU, and attached Junior ADU, subject to Santa Clara County approval and applicable regulations. The land is currently leased to a local farmer, providing agricultural income while holding for future appreciation. For buyers seeking a larger land assemblage, the adjoining +-9.83-acre sister parcel is also available for purchase, creating a combined offering of approximately +-22.33 acres with significant long-term investment potential. Opportunities to acquire generational land holdings of this size and location are exceedingly rare.
MLSListings #ML80349942
Apr 1, 2004
Listing Removed
—
Jan 9, 2004
Sold
$740,000
Sep 3, 2003
Listed
$774,987
UNIQUE OPPORTUNITY TO OWN ONE OF THE PREMIER PARCELS IN ALL OF SOUTH COUNTY. ACROSS FROM CLOS LA CHANCE VINEYARD, VIEWS OF HAYES VALLEY AND THE SURROUNDING FOOTHILLS. FRONTAGE ON WATSONVILLE ROAD AND SPRING VALLEY ROAD. BUILD OFF
MLSListings #ML80316384
Mar 9, 2004
Listing Removed
—
Jun 18, 2003
Sold
$750,000
Mar 21, 2003
Listed
$774,987
Public Records
Apr 10, 2003
Sold
$1,050,000
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML89818528
Dec 1, 1998
Sold
$295,000
Dec 1, 1998
Listing Removed
—
Nov 5, 1998
Sold
$295,000
May 8, 1998
Listed
$295,000
May 8, 1998
Listed
$295,000
Year
Property tax
Land + Additions
Assessment*
2025
$7,663 (+1.9%)
$644,088 + $28,991
$673,079
2024
$7,521 (+1.3%)
$631,459 + $28,423
$659,882
2023
$7,424 (+1.7%)
$619,078 + $27,866
$646,944
2022
$7,299 (+2.6%)
$606,940 + $27,320
$634,260
2021
$7,115 (+2.5%)
$595,040 + $26,785
$621,825
2020
$6,944 (−2.7%)
$583,373 + $26,260
$609,633
2019
$7,139 (−0.3%)
$577,392 + $25,991
$603,383
2018
$7,160 (+1.0%)
$566,071 + $25,482
$591,553
2017
$7,092 (+6.8%)
$544,091 + $24,494
$568,585
2016
$6,642 (+1.1%)
$544,091 + $24,494
$568,585
2015
$6,570 (−1.3%)
$533,423 + $24,014
$557,437
2014
$6,659 (+6.6%)
$515,119 + $23,191
$538,310
2012
$6,245 (+3.0%)
$512,791 + $23,087
$535,878
2011
$6,064 (+0.3%)
$502,737 + $22,635
$525,372
2010
$6,044 (+0.7%)
$492,880 + $22,192
$515,072
2009
$6,000 (+4.0%)
$489,197 + $22,027
$511,224
2008
$5,770
$480,746 + $21,648
$502,394
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
7.71 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Single Family Residential
County
Santa Clara County
APN
77324068
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 21, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
6% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 96° expected this year, 13 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
14 unhealthy days expected this year, 16 days in 30 years
Provided by First Street
Historical weather
Morgan Hill, CA • 95037
Average low and high temperatures (°F)
62
39
64
44
71
46
70
47
78
51
84
53
84
55
88
57
85
58
78
53
65
45
61
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 0 Watsonville Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $1,215,000 and $2,412,500.
Nearby comparable homes
The Redfin Estimate uses 4 recent nearby sales, priced between $1.2M to $2.4M.