7522 Chestnut Street

• Sun Sep 20, 2:00 pm - 4:00 pm

  Opportunity Knocks! This property is perfect for investors, contractors or buyers looking for a fixer upper with incredible potential. Sold together with two APN's that total 53,000+ sq. ft.

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.

Days on Market

4 days

Current Status

Active

Original Price

$899,000

List Price

$899,000

On Market Date

Sep 16, 2026

Property Type

Single Family Home

Area

1 - Morgan Hill / Gilroy / San Martin

Zip Code

95020

MLS ID

ML82061281

APN

841-07-064

Year Built

1890

Stories in Building

1

Possession

COE

Data Source

MLSL

Origin MLS System

MLSListings, Inc.

Bed

2

Bath

1

Parking

0

No Garage, On Street, Parking Area

SQ FT

987

SQ FT Source

Unavailable

Lot SQ FT

53,803.0

Lot Acres

1.235147 Acres

Cooling

None

Dining Room

Eat in Kitchen

Disclosures

NHDS Report

Family Room

No Family Room

Flooring

Carpet, Vinyl / Linoleum

Foundation

Concrete Perimeter

Heating

Wall Furnace

Laundry

Inside

Possession

COE

Fee

Unavailable

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.