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15195 Olive Avenue, 
Morgan Hill, CA 95037

$1,867,700


2

Beds


Bath


700

Sq Ft


Single Family

Active

Listed by

Matthew Telfer

South County Realty Mh

Last updated:

August 6, 2026, 02:22 PM

MLS#

ML82055378

Source:

Bay East CCAR bridgeMLS

About This Home

15195 Olive Avenue

Exceptional opportunity to acquire one of Morgan Hill's premier future potential development properties, offered for sale on the MLS for the first time in generations. This rare +-9.83-acre parcel has been proudly held by the same family for multiple generations and presents a unique investment opportunity directly adjacent to the Morgan Hill city limits. Although currently located within unincorporated Santa Clara County, the City of Morgan Hill has designated the property Residential Detached Medium in its General Plan, potentially allowing for a planned density of up to 7 dwelling units/acre in the future upon annexation. Another opportunity is to create an exceptional rural estate, with the potential to construct a custom single-family residence, ADU, and Jr ADU. The property is currently leased to a local farmer, providing agricultural income while preserving its long-term investment potential. Existing improvements include an old farmhouse and three mobile homes. An adjoining +-12.5-acre sister parcel to the east is also available for purchase, offering buyers the flexibility to acquire one or both properties and create a significant future landholding in one of Morgan Hill's most desirable growth corridors. Rarely does an opportunity of this caliber become available.

Home Facts

Single Family

2 Bedrooms

Built in 1900

Price Summary

1,867,700

$2,668 per Sq. Ft.

MLS #:

ML82055378

Last Updated:

August 6, 2026, 02:22 PM

Added:

14 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Full Bathrooms:

1

Interior

Living Area:

700 Sq. Ft.


Structure

Structure

Architectural Style:

Single Family Residence

Building Area:

700 Sq. Ft.

Year Built:

1900


Finances & Disclosures

Finances

Price:

$1,867,700

Price per Sq. Ft:

$2,668 per Sq. Ft.

MLS Logo
Bay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at August 6, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.