18060 Monterey Rd , Morgan Hill, CA 95037
$3,250,000
Est. Payment: $16,353.49/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 146
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

The proposed development offers two compelling housing options designed for modern living and strong community value. Option 1 features 23 three-story townhomes with spacious layouts, enhanced privacy, and a cohesive neighborhood feel, incorporating private yards and rooftop terraces for elevated outdoor living. The site plan maximizes efficiency by utilizing an existing southern roadway and includes three vehicular access points for improved circulation while meeting all setback and open-space requirements. Option 2 presents a mixed-use condo concept under a form-based zoning approach, with four stories of residential units above ground-floor parking and commercial space. This design includes approximately 100 units ranging from studios to three bedrooms, averaging 850 to 900 square feet, totaling about 104,000 square feet, along with 6,000 square feet of commercial frontage. Built with a concrete podium and wood framing above, the five-story structure incorporates 140 parking stalls with hydraulic lifts and shared rooftop amenities, delivering a flexible, efficient, and vibrant residential environment.

Highlights

Listed by Mike D'Ambrosio , 408-471-4718 Intero Real Estate Services , (408) 979-5900. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.88

County

Santa Clara

Area

699 - Not Defined

School District

Other

Listing ID

ML82032799

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Other:Public

Exterior Features

Lot:No Land Lease
Garage Capacity:0
Zoning:A
Principal Interest
$16,353
Taxes
$2,072

Home Price

$3,250,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$650,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$16,353.49

Principal

Taxes

Principal Taxes HOA Total
Monthly $16,353.49 $2,071.88 $0.00 $18,425.36
Yearly $196,241.83 $24,862.50 $0.00 $221,104.33
Total $5,887,255.03 $745,875.00 $0.00 $6,633,130.03

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Current Listings

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Aug 2026

Average Price

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Average Days on Market

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Aug 2026
Market insight data is pulled from the same city as the listing being viewed (Morgan Hill, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T10:35:52.000Z

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