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2 Beds
1 Bath
987 sqft

$899,000

7522 Chestnut Street, Gilroy CA, 95020

Price per sqft$910.84
Built in1890
Property size987 sqft
Property typeResidential

Overview

Active

Listed Sep 16, 2026

Updated 8 days ago

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.

$5,981/mo

Est. mortgage payment based on a $899,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
ML82061281

Interior Features

Bedrooms
2
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.24 Acres

Listed by Eva Scott, Coldwell Banker Realty, CA DRE 00955448

Listing Contact: 408-309-5160 

Based on information from the CRISNet MLS as of 9/29/2026, 3:40 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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