$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
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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.


