55 E 1st ST, Morgan Hill, CA 95037 | $6,688,000

Why This Home Stands Out

📍

Morgan Hill Location

Active listing in Morgan Hill, Santa Clara County. Convenient access to schools, parks, and Bay Area employment centers.

🏠

4 Bed / 2 Bath / 1,300 sqft on 6,400 sqft Lot

Spec sheet at a glance. See full details below for interior, exterior, and lot features.

💰

Listed at $6.7M vs City Median $1.6M

$5,144/sqft compared to Morgan Hill avg $837/sqft (+514.6%).

Best fit forActive BuyersMorgan Hill SearchersMove-Up / Move-In

About This Home

Rare opportunity to acquire a downtown Morgan Hill commercial assemblage consisting of multiple contiguous parcels improved with residential homes and office suites. The portfolio generates strong in-place income and offers long-term redevelopment potential within the Downtown Specific Plan area. Located just steps from Monterey Road with convenient access to restaurants, retail, and Highway 101. Ideal for investors, developers, or 1031 exchange buyers seeking stable income with future upside in a prime downtown location. The offering includes 55 1st Street(ML82040862), 57 E 1st Street(ML82040868), 70 & 74 E Main Street, and 50 E Main Street(ML82040862). Marketing package is in the disclosure link.

Listing courtesy of Coldwell Banker Realty · Jenny Huang
MLS# ML82040865 · Data from MLSListings Inc.

Interested in 55 E 1st ST?

Get a personalized analysis with comp data, offer strategy, and neighborhood context.

Property Details

Property Type

Single Family Residence

Year Built

1956

Bedrooms

Bathrooms

2 Full

Living Area

1,300 sqft

Lot Size

6,400 sqft

Garage

N/A

Price/sqft

$5,144

County

SantaClara

MLS Number

ML82040865

Status

Active

Stories

N/A

HOA

None

Interior Features

ForcedAir

Exterior & Lot

Shingle Roof0.15 Acres

Location

This HomeActivePendingSold

55 E 1st ST, Morgan Hill, CA 95037 · SantaClara County

Market Context

Price Positioning

$ Price context: Listed at $5,144/sqft vs Morgan Hill avg $837/sqft (+514.6% above).

$ Sale-to-list: Morgan Hill homes selling at 101.4% of asking.

⏲ Velocity: City avg 35 days. This home: 45 days.

🏠 Inventory: 35 4-bedroom homes currently available in Morgan Hill.

Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.

Want to know what this home will actually sell for? Get a data-backed offer range based on recent comparable sales.

Straight from the MLS · Updated every 15 min

Timothy Alston

Broker · 15 years in Morgan Hill

The Listings Other Buyers See 6 Hours Late

Get a data-backed offer strategy for 55 E 1st ST before the next showing window closes.

Your Analysis Includes:

✓ What 3 similar homes sold for this month

✓ Recommended offer range based on comps

✓ Current competition and showing activity

✓ Renovation ROI estimate for this property

✓ Whether the asking price aligns with value

or call (408) 207-4593 now

✓ No spam
✓ No calls unless you ask
✓ Your timeline
✓ One-click unsubscribe

Market Snapshot

$1,599,000Median Price-0.9% vs Last Year

35Avg DOM-12.5 days vs Last Year

93Active Listings

101.4%Sale-to-List-0.2% vs Last Year

Full Market Snapshot →

★★★★★

"Timothy showed us a home 4 hours after it hit the MLS. We toured that evening, offered by 9pm, and were in contract by Friday. Two other offers came in Saturday morning."

The Patel Family, Morgan Hill

Timothy Alston

Broker · DRE# 01328224

Aegis Luxury Real Estate

(408) 207-4593 Timothy@AegisHomesRE.com

For Homeowners

What would your Morgan Hill home sell for today?

Homes in Morgan Hill are selling at 101.4% of asking in 35 days.

101.4%Sale-to-List

35Avg Days

Free. No obligation. Takes 30 seconds.

Schools in Morgan Hill

Aegis School Excellence Index

Jackson Academy of Math and Music

Morgan Hill Unified SD · K-8

Britton Middle

Morgan Hill Unified SD · 7-8

Ann Sobrato High School

Morgan Hill Unified SD · 9-12

School information is for general reference only. Contact districts directly for enrollment and boundary info.

More in Morgan Hill

17981 Cantabria LN$899,0003bd/2.5ba/1,817sf

17590 Carriage Lamp WAY$1,100,0003bd/2ba/1,390sf

2981 Holiday CT$1,625,0006bd/4.5ba/3,133sf

View All Listings →

Recently Sold in Morgan Hill

Closed within 6 months · 4 bed / similar sqft · Morgan Hill 95037

225 Calle Del Rey

Sold $1,300,000

4 bd · 2.5 ba · 1,802 sqft
$721/sqft · 3.6% below list

Closed May 13, 2026

Christie's International Real Estate Sereno

17050 Mimosa DR

Sold $1,255,000

4 bd · 3 ba · 2,255 sqft
$556/sqft · +1.4% above list

Closed May 11, 2026

Compass

380 W Middle AVE

Sold $2,225,000

4 bd · 2.5 ba · 3,461 sqft
$642/sqft · 6.8% below list

Closed May 11, 2026

Coldwell Banker Realty

Source: MLSListings Inc. Closed sales data.

For Homeowners

Your neighbors are selling. Should you?

In the past 90 days, 31 homes sold in Morgan Hill at an average of $1,599,000. The average sale closed at 101.4% of asking price.

31Sold (90 Days)

$1,599,000Average Price

101.4%Sale-to-List

What is my home worth?Talk to Timothy

What happens when the right home lists and you find out 6 hours later?

In Morgan Hill, Data pending new listings hit the MLS this week. By the time most search sites update, the window has already narrowed.

Get Early Access →

Nearby Morgan Hill Homes for Sale View All 94 →

New

$899,000

17981 Cantabria LN, Morgan Hill

3 bed2.5 bath1,817 sqft

New

$1,100,000

17590 Carriage Lamp WAY, Morgan Hill

3 bed2 bath1,390 sqft

New

$1,625,000

2981 Holiday CT, Morgan Hill

6 bed4.5 bath3,133 sqft

Nearby Open Houses See All →

OPEN SUN, 2PM TO 4PM

$1,100,000

17590 Carriage Lamp WAY, Morgan Hill

3 bd · 2 ba · 1,390 sqft

OPEN SAT, 2PM TO 5PM

$1,625,000

2981 Holiday CT, Morgan Hill

6 bd · 4.5 ba · 3,133 sqft

OPEN SUN, 2PM TO 4PM

$1,998,000

15855 Jackson Oaks DR, Morgan Hill

5 bd · 3.5 ba · 3,524 sqft

OPEN SAT, 1PM TO 4PM

$1,799,000

17200 Holiday DR, Morgan Hill

4 bd · 3 ba · 2,619 sqft

OPEN SAT, 2PM TO 4PM

$1,569,000

16761 Dry Creek CT, Morgan Hill

4 bd · 2 ba · 2,845 sqft

See All Open Houses This Weekend →

Morgan Hill Market Overview Full Stats →

$1,497,385Avg Sale Price-0.9% vs Last Year

35Avg DOM-12.5% vs Last Year

93Active Listings

101.4%Sale-to-List

$837Price/sqft

3.0Months Inventory

31Closed (Last Mo)

Data pendingNew Listings/Mo

Source: MLSListings Inc. · May 2026

Latest Morgan Hill Insights More →

Your Complete Guide to the Campbell Home Buying Process

April 02, 2026

Morgan Hill Real Estate Market Report — Spring 2026

March 14, 2026

Frequently Asked Questions

Listed at $6,688,000 ($5,144/sqft). Morgan Hill avg is $837/sqft, placing this +514.6% above. Comparable recent sales help frame the value.

Listed 45 days (as of March 30, 2026). Morgan Hill average is 35 days.

Est. $41,931/mo with 20% down ($1,337,600) at 6.75%. Includes principal & interest ($34,703), property tax ($6,967), and insurance ($262). HOA: None.

There are 93 active listings in Morgan Hill (35 are 4-bedroom). At $6,688,000 this is positioned against the city median of $1,599,000. Similar homes have sold at 101.4% of asking.

Property Information © 2026 MLSListings Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings MLS system. Real estate listings held by brokerage firms other than Aegis Luxury Real Estate are marked with the Internet Data Exchange icon (a stylized house) and detailed information about them includes the names of the listing brokers and listing agents.

Based on information from the MLSListings MLS as of the date shown. 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.

These statistics are generated using information from the MLSListings Inc. multiple listing service, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.

Data updated every 15 minutes. Visit www.MLSListings.com for more information.

Information provided is for general informational purposes only. Equal Housing Opportunity. If you are currently working with a real estate agent, this is not intended as a solicitation.

Timothy Alston, Broker, DRE# 01328224, Aegis Luxury Real Estate, 10080 N. Wolfe Rd Ste SW3-200, Cupertino, CA 95014. (408) 207-4593.

Last updated: May 14, 2026 at 10:40 PM PT | Data reflects May 2026 MLS statistics

Why This Home Stands Out

About This Home

Property Details

Interior Features

Exterior & Lot

Location

Market Context