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$899,000

7522 Chestnut Street, Gilroy, CA 95020

32% below the Gilroy median of $1.3M (72 active listings)

44% of Gilroy listings have cut their price · half have been listed 60+ days

2beds
1baths
987sqft
$911/sqft

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About this home

Bring your vision to Gilroy! This remarkable investment features two APN (841-07-064 & 841-07-065) totaling 53,000 + square feet. This multi-use property is being sold completely As-Is. Yet, presents an exceptional development opportunity near Gilroy's vibrant downtown. The property is an original, single-story fixer-upper that features a compact kitchen, a living area, a full bathroom, two bedrooms, an unfinished basement, and a separate laundry room; all in need of renovation. Buyers should bring their vision and a contractor to explore options. For builders and developers, these expansive parcels offer incredible flexibility to maximize value. Potential residential uses range from a custom single-family home to a multi-unit development project. Its central location ensures strong long-term appeal, placing it near schools, shopping, dining, and major commuter routes like Highway 101 for easy access to Silicon Valley. With its size, zoning, and location in a market defined by steady housing demand and continued growth, this parcel represents a rare chance to build, develop, or hold as a profitable, long-term land investment. The buyer is to verify all square footage, utility connections, permits, zoning, and potential uses.

Property details

Property type
Single Family
Year built
1890
Lot size
53,803 sqft
Stories
1
County
Santa Clara
Listed
today
MLS #
82061281
Listed by
Eva Scott · Coldwell Banker Realty

Features

  • No Garage
  • On Street
  • Parking Area
  • Wall Furnace
  • Flooring: Carpet
  • Flooring: Vinyl / Linoleum
  • Roof: Composition
  • Construction: Wood Frame
  • Utilities: Public Utilities
  • Sewer: Sewer - Public
  • Water: Public
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Location

Approximate location based on the listing address.

Copyright 2026 MLSListings Inc. Based on information from MLSListings MLS as of 9/17/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. MLS Listing #82061281. Listing courtesy of Coldwell Banker Realty.