The proposed development utilizes a form-based zoning code that accommodates flexible building volumes to support a variety of uses. The plan delivers strong housing value, featuring four stories of residential units above a ground-floor parking and commercial component within a mixed-use configuration. The site design leverages an existing roadway on the south side of the property to enhance access and ground-floor efficiency, supported by three points of vehicular entry. The concept includes a concrete podium with wood framing above, rising to five stories including parking, and incorporates all required setbacks and open-space standards. The program envisions approximately 100 residential units across four floorsaveraging 850 to 900 square feet with a mix of studios up to three-bedroom optionstotaling roughly 104,000 square feet of residential space, complemented by 6,000 square feet of commercial frontage. At grade, the design provides 140 parking stalls utilizing hydraulic lifts, as well as shared amenities including a rooftop entertainment area.
Lot/land
$3,250,000
18060 Monterey Rd, Morgan Hill, CA 95037
--beds
--baths
0.88Acres
Residential Development Land, Unimproved Land
Built in ----
0.88 Acres Lot
$3,140,200 Zestimate®
$--/sqft
$-- HOA
What's special
- 20 days |
- 191 |
- 3 |
Zillow last checked: 8 hours ago
Listing updated: January 14, 2026 at 08:47am
Listed by:
Mike D'Ambrosio 01841982 408-471-4718,
Intero Real Estate Services 408-979-5900
Source: MLSListings Inc,MLS#: ML82031201
Facts & features
Property
Features
- Fencing: Back Yard
Lot
- Size: 0.88 Acres
- Features: Level
Details
- Additional structures: Residence
- Parcel number: 72625005
- Zoning: A
- Special conditions: Standard
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: Morgan Hill
Financial & listing details
- Tax assessed value: $158,119
- Annual tax amount: $1,967
- Date on market: 1/14/2026
- Listing agreement: ExclusiveRightToSell
Estimated market value
$3,140,200
$2.98M - $3.30M
$4,426/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/15/2026 | Listed for sale | $3,250,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,967 +1.9% | $158,119 +2% |
| 2024 | $1,931 +1.3% | $155,019 +2% |
| 2023 | $1,907 +1.3% | $151,980 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 95037
Nearby schools
GreatSchools rating
- 8/10El Toro Elementary SchoolGrades: K-5Distance: 0.6 mi
- 7/10Lewis H. Britton Middle SchoolGrades: 6-8Distance: 0.5 mi
- 9/10Ann Sobrato High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- District: MorganHillUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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