South County’s Least and Most
Date: Monday October 27, 2008Posted in: real estate market, real estate, Santa Clara County, Morgan Hill, South Santa Clara County, San Martin, Gilroy, residences, housing market, list price
South Santa Clara County has some extreme price differentials going on these days. A few years ago, I never thought we’d see a single family home priced below $200,000 again. And we still have some high quality estates priced in the several millions range. Here are South County’s least expensive single family home and most expensive home on the market today.
The least expensive home shown above, 7450 Rogers Lane in Gilroy, is a bank-owned property that has been on the market for over a year. It is a two bedroom, two bathroom fixer-upper priced at $175,000 and is 1204 sq. ft. on a 3483 sq. ft. lot. This home sold in March of 2003 for $321,000.
On the opposite end of the price range is 2400 McDonald Lane in Morgan Hill. This lovely home is priced at $4,350,000 and was built 8 years ago. It is a 7550 sq. ft. home with 6 bedrooms and 5 1/2 bathrooms sitting on 21 acres in the hills east of town. There are many amenities that add to the value of this home.
In addition to these two homes, there are another 664 single family residences actively listed in the south County that are priced between these two extremes!
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Comment by South County’s Least and Most · Invest-In-Real-Estate.ExplainedOnline.Net on October 27th, 2008 @ 3:30 pm