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ActiveSingle Family

$1,099,000

17495 Blue Jay Dr, Morgan Hill 95037

Beds3
Baths2.5
Sqft2,320
DOM54
No Photos Available

AddressIntel AI Briefing

The optimal play here is a teardown-and-mansionize strategy to fully leverage the generous lot size. Building a massive estate aligns perfectly with local premium comps, while the substantial spread over the acquisition basis makes this an exceptionally attractive candidate for redevelopment.

Property Permit History

No permit history found directly associated with this property's address.

Recent Neighborhood Remodeling (Morgan Hill)

Parcel & Zoning Info

APN72941011
Official Lot Sqft19,602
Zoning Code--
SB 9 StatusLikely · up to 4 units
Unlock Pathways
Ministerial ADU Ministerial SB 9 Density Bonus
Entitlement RiskLow (0/100)

ADU Potential

Feasibility Score100/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage11.8%

Flag / irregular · Corner lot · ~145 ft frontage × 226 ft deep, a tucked-away rear unit is very private; access is typically via the pole driveway. A second street frontage lets an ADU take its own entrance and address.

Screening heuristic based on lot size, existing coverage, lot orientation, and hazard overlays. CA ADU law is ministerial statewide; verify max size, setbacks, and JADU owner-occupancy with the local planning dept.

Seller Motivation

Motivation Score38/100
Some motivation
Fixer / needs workPriced to sell45+ days on market

Inferred from days on market and listing-description language (e.g. "as-is", "estate sale", "motivated seller"). A screening heuristic for likely negotiability, not a statement about the seller's circumstances.

Redevelopment Potential

Redevelopment Score67/100
ClassTeardown candidate
FAR Utilization30% of allowed
Buildable Headroom+5,521 sqft

Small, older home using a low share of the allowable building envelope on a sizable lot, a scrape-and-rebuild or major-expansion play. Zoning allows roughly 7,841 sqft of gross floor area on this lot.

Screening estimate comparing existing living area to the city's single-family floor-area limit. City sets no explicit FAR (or is not individually curated); allowable area is a conservative estimate. Source: conservative default (0.40 FAR — city not individually curated) (as of 2026-06-30). Verify FAR, coverage, setbacks, and height with the local planning dept.

Hazard Snapshot

Flood Zone

X
Area of minimal flood hazard.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

No
Not in a mapped liquefaction zone.

Fault Zone

No
Not in a mapped Alquist-Priolo fault zone.

Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities. Liquefaction and fault flags: modified from California Geological Survey, Web Service of Official Maps of Alquist-Priolo Earthquake Fault Zones and Web Service of Official Maps of Seismic Hazard Zones (2025).

Nearby Public Schools

Elementary School

Jackson Academy of Music and Math (JAMM)

Morgan Hill Unified

1.2 miles away
Middle School

Lewis H. Britton Middle

Morgan Hill Unified

3.1 miles away
High School

Live Oak High

Morgan Hill Unified

1.5 miles away

School boundaries are subject to change. Nearest school distance does not guarantee enrollment eligibility. Check with the local district. Data provided by CDE.

Proprietary Intelligence

Market Heat Index

87/100

Based on recent sales velocity and local demand in 95037.

Flippability Score

90/100

Measures neighborhood renovation density vs. recent permits on this property.

Bidding War Prob.

1%

Likelihood of multiple offers based on local list-to-sale ratios and DOM.

Proforma ROI Calculator

Back-of-the-napkin deal analysis across development strategies.

We don't hold this jurisdiction's floor-area rule, so the default builds to roughly 7,841 sqft from a conservative 0.40 FAR approximation, a starting point and not a zoning answer. Check the local code before you rely on it.

Median of 12 recent single-family sales in Morgan Hill (95037): $640/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 7,800 sqft build, because smaller houses sell for more per foot and pricing a rebuild off them overstates resale.

Commission, transfer tax and closing. Deducted from resale before profit, so the ROI below is net of the exit rather than gross.

Interest on the purchase price for the whole project plus half the build budget, since construction draws ramp up. The default is 7% over 33 months, the median purchase-to-sale time of 239 real Peninsula and South Bay rebuilds. Set the rate to 0 for a cash purchase, or use your own lender's terms.

Hard Costs$4,290,000
New Build7,800 sqft
Total Capital Required$5,564,000
Estimated Resale (ARV)$5,241,600
Cost of Sale (5%)-$262,080
Carry (33mo @ 7%)-$641,314
Net Proceeds$4,338,206

Projected Profit

-$1,225,794
-22.0% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Morgan Hill 95037)

Sized to the modelled 7,800 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

18251 Corte Agustin

Sold
$3,927,500
Sold: 2026-09-08
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Sqft: 6089
$/Sqft: $645

18631 Corte Obispo

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$3,692,000
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Sqft: 6089
$/Sqft: $606

18205 Via Potano

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$3,650,000
Sold: 2026-06-12
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Sqft: 6260
$/Sqft: $583

2145 Via Santa Elena

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$4,343,000
Sold: 2026-01-28
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Sqft: 6089
$/Sqft: $713

18551 Corte Saravia

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$3,749,500
Sold: 2025-10-31
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$/Sqft: $616

18735 Corte Paterna

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$4,810,000
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$/Sqft: $811

18462 Corte Zapala

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$4,507,596
Sold: 2025-06-30
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$/Sqft: $740

18421 Corte Borremeo

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$4,985,924
Sold: 2025-06-27
Lot: 15,372
Sqft: 6089
$/Sqft: $819

18371 Corte Borremeo

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$3,456,000
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$/Sqft: $568

18442 Corte Borremeo

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$4,010,125
Sold: 2025-04-30
Lot: 15,703
Sqft: 6089
$/Sqft: $659

1971 Alpet Dr

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$3,000,000
Sold: 2025-04-29
Lot: 95,396
Sqft: 6179
$/Sqft: $486

18412 Corte Borremeo

Sold
$3,862,000
Sold: 2025-01-29
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Sqft: 6089
$/Sqft: $634