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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.
Single-familyProperty Type
1890Year Built
1.24 acresLot Size
$911Price/Sq.Ft.
Listed by Eva Scott•DRE #00955448• Coldwell Banker Realty
East Side, located between Downtown Gilroy and the Diablo Range foothills, is a residential and agricultural-edge Gilroy neighborhood with orchard backdrops and wide-sky views. The neighborhood’s character concentrates around the 1st Street and Monterey Road corridor, where taquerias, panaderías, and locally run storefronts set a steady, everyday rhythm. Classic California ranch homes and mid-century streets sit alongside pockets of newer builds, with front yards that still feel tied to the valley’s growing roots. Christmas Hill Park frames the area with open lawns, trails, and festival grounds. Gilroy Gardens Family Theme Park adds a whimsical, horticultural landmark nearby. Weekend errands and meetups often orbit the Gilroy Downtown Business Association’s events and small-shop blocks.
Provided by Walk Score and Local Logic
Offer insights
7522 Chestnut St · $899,000
$961K and above
75% chance or better to win
Why $961K+ is a strong offer
DAYS ON MARKET
2 days
The average home goes pending in 15 days.
SALE-TO-LIST
102.7%
Most homes are selling 3% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Eat-in kitchen
Laundry inside
Carpet and vinyl/linoleum flooring
Wall furnace heating
Bedrooms
2 bedrooms
Bathrooms
1 full bathroom
Kitchen
Eat-in kitchen
Laundry & utility
Laundry located inside
Flooring
Carpet
Vinyl/Linoleum
Heating & cooling
Wall furnace
Exterior features
Fenced backyard with gate and partial fencing
Composition roof
Home design
Single-family detached home
1 story
Parking
No garage
On-street parking
Parking area
Construction
Wood frame construction
Concrete perimeter foundation
Built as a single-family home
Utilities
Public water
Public sewer
Public utilities
Other
Property listed as fixer upper
Approximately 1.235-acre lot
Zoned R3
Storage shed on property
Electricity and solar
View estimated energy costs and solar savings for 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.
Year
Property tax
Land + Additions
Assessment*
2025
$786 (+1.6%)
$174,843 + $81,424
$256,267
2024
$774 (+0.7%)
$43,996 + $9,669
$53,665
2023
$768 (+1.9%)
$43,134 + $9,480
$52,614
2022
$754 (−11.6%)
$42,289 + $9,295
$51,584
2021
$853 (+15.2%)
$41,460 + $9,113
$50,573
2020
$740 (+0.8%)
$40,648 + $8,935
$49,583
2019
$734 (+6.3%)
$40,232 + $8,844
$49,076
2018
$690 (−1.5%)
$39,444 + $8,671
$48,115
2017
$701
$37,913 + $8,335
$46,248
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.53 Acres
Year renovated
1920
Finished Sq. Ft.
987
Unfinished Sq. Ft.
—
Total Sq. Ft.
987
Year built
1890
Style
Single Family Residential
County
Santa Clara County
APN
84107064
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 31, 2026.
R-1
Single-Family Residential District
This article of the Zoning Ordinance is intended to provide for areas within the city that may be used for single-family and very low density clustered housing. The average density is intended to be between 3 and 7.25 dwelling units per acre. The following regulations, except to the extent that they may be modified by a combining district, shall apply to every lot and building in an R1 single-family residential district.
Permitted uses
Include but are not limited to:
Religious facility
Garden center
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Public service
Educational/school
Park & open space
Climate risks
3/10 Flood Factor
Estimated 14-20% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 98° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
16 unhealthy days expected this year, 16 days in 30 years
Provided by First Street
Historical weather
Gilroy, CA • 95020
Average low and high temperatures (°F)
61
37
63
42
69
45
68
47
75
50
78
52
76
52
83
54
81
55
76
50
64
43
60
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 11.6 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
11.6 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 7522 Chestnut St
$946,780
$48K over list price of $899K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $780K to $880K.