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ActiveSingle Family

$2,298,000

15298 Sycamore Dr, Morgan Hill 95037

Beds4
Baths3
Sqft2,796
DOM14
No Photos Available

AddressIntel AI Briefing

A spacious rural parcel with a teardown-and-mansionize profile, ideal for building an estate compound. The huge lot can easily support a mansion plus detached guest houses, though environmental and wildland-urban interface (WUI) building codes apply. This is a high-conviction play for luxury custom builders.

Property Permit History

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

Recent Neighborhood Remodeling (Morgan Hill)

Parcel & Zoning Info

APN77324058
Official Lot Sqft111,949
Zoning CodeRR-d1-sr
SB 9 StatusLikely · up to 4 units
SB 9 Block Reasons No SB 9 disqualifiers found
Development Blockers
High Fire Zone
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 Coverage2.5%

Flag / irregular · Corner lot · ~468 ft frontage × 481 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.

Hazard Snapshot

Flood Zone

D
Special flood hazard area; insurance may be required.

Fire Severity

High
Elevated fire risk; impacts insurance cost and building materials.

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

Paradise Valley Engineering Academy

Morgan Hill Unified

1.0 miles away
Middle School

Lewis H. Britton Middle

Morgan Hill Unified

2.6 miles away
High School

Live Oak High

Morgan Hill Unified

3.9 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

70/100

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.

Median of 12 recent single-family sales in Morgan Hill (95037): $573/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 4,200 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$2,310,000
New Build4,200 sqft
Total Capital Required$4,783,000
Estimated Resale (ARV)$2,528,400
Cost of Sale (5%)-$126,420
Carry (33mo @ 7%)-$681,546
Net Proceeds$1,720,434

Projected Profit

-$3,062,566
-64.0% ROI

Warning: Project is mathematically underwater.

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