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ActiveSingle Family

$1,699,000

2729 Mira Bella Cir, Morgan Hill 95037

Beds5
Baths3
Sqft2,807
DOM61
No Photos Available

AddressIntel AI Briefing

The lack of spread between the asking price and recent comparable sales acts as a major blocker to development profitability. Any expansion is also limited by the tight lot, leaving a simple cosmetic update as the only realistic option.

Property Permit History

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

Recent Neighborhood Remodeling (Morgan Hill)

Parcel & Zoning Info

APN81726093
Official Lot Sqft6,970
Zoning Code--
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 Score70/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage40.3%

Flag / irregular · Corner lot · ~109 ft frontage × 120 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 Score20/100
Low motivation
60+ 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 Score15/100
ClassBuilt out
FAR Utilization101% of allowed
Buildable Headroom+0 sqft

Existing home already uses most of the allowable floor area, little expansion headroom. Zoning allows roughly 2,788 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

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

Jackson Academy of Music and Math (JAMM)

Morgan Hill Unified

0.4 miles away
Middle School

Lewis H. Britton Middle

Morgan Hill Unified

3.2 miles away
High School

Live Oak High

Morgan Hill Unified

2.2 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

10/100

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.

Zoning allows roughly 2,788 sqft here, less than the 2,807 sqft standing today, so a compliant rebuild would be smaller than the existing house. We don't quote a return on this one. Demolishing generally forfeits the existing non-conforming floor area, so treat it as a remodel or check the local code for what it lets you rebuild.

Median of 12 recent single-family sales in Morgan Hill (95037): $638/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 2,800 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$1,540,000
New Build2,800 sqft
Total Capital Required$3,414,000
Estimated Resale (ARV)$1,876,000
Cost of Sale (5%)-$93,800
Carry (33mo @ 7%)-$492,126
Net Proceeds$1,290,074

Projected Profit

-$2,123,926
-62.2% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Morgan Hill 95037)

Sized to the modelled 2,800 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

1481 Morning Star Dr

Sold
$2,090,000
Sold: 2026-10-20
Lot: 10,328
Sqft: 2798
$/Sqft: $747

14744 Excaliber Dr

Sold
$1,440,000
Sold: 2026-10-19
Lot: 5,600
Sqft: 2330
$/Sqft: $618

19221 Eagle View Dr

Sold
$1,880,000
Sold: 2026-10-16
Lot: 7,069
Sqft: 2856
$/Sqft: $658

655 Encino Dr

Sold
$1,370,000
Sold: 2026-10-13
Lot: 10,550
Sqft: 2250
$/Sqft: $609

2736 Mira Bella Cir

Sold
$1,510,000
Sold: 2026-10-08
Lot: 7,730
Sqft: 2224
$/Sqft: $679

1330 Golden Eagle Dr

Sold
$1,800,000
Sold: 2026-10-01
Lot: 11,724
Sqft: 2631
$/Sqft: $684

17795 Holiday Dr

Sold
$1,400,000
Sold: 2026-09-30
Lot: 21,000
Sqft: 2600
$/Sqft: $538

16815 Cabernet Cir

Sold
$2,040,000
Sold: 2026-09-30
Lot: 8,779
Sqft: 3042
$/Sqft: $671

15750 Casino Real

Sold
$1,640,000
Sold: 2026-09-28
Lot: 12,600
Sqft: 3217
$/Sqft: $510

15640 LA Sierra Ct

Sold
$1,650,000
Sold: 2026-09-28
Lot: 7,035
Sqft: 2670
$/Sqft: $618

16890 Oak Leaf Dr

Sold
$1,140,000
Sold: 2026-09-23
Lot: 20,116
Sqft: 3157
$/Sqft: $361

1483 Kennebec Pl

Sold
$1,600,000
Sold: 2026-09-22
Lot: 5,076
Sqft: 2125
$/Sqft: $753