340 Walnut Lane

Opportunity awaits! This 3-bedroom, 1.5 bath home offers 1,092 square feet of living space on a 6,500+ square foot lot. A standout feature is the convenient alley access, providing easy access for RV, boat, or additional vehicle parking while also offering potential for a future ADU or other improvements (buyer to verify with the City of Gilroy). Inside, the inviting living room features open beam ceilings and a cozy wood-burning fireplace. The kitchen offers a gas cooktop, tile countertops, an eat-in dining area, and includes a refrigerator and dishwasher. An indoor laundry room with a 220V hookup adds convenience. Being sold AS IS, this property presents an excellent opportunity for investors, contractors, or buyers looking to build equity through updates, while taking advantage of the lot's future potential. ADDITIONAL PHOTOS COMING SOON!

Days on Market

5 days

Current Status

Active

Original Price

$779,000

List Price

$779,000

On Market Date

Jul 26, 2026

Property Type

Single Family Home

Area

1 - Morgan Hill / Gilroy / San Martin

Zip Code

95020

MLS ID

ML82053778

APN

841-03-019

Year Built

1953

Stories in Building

1

Possession

Unavailable

Data Source

MLSL

Origin MLS System

MLSListings, Inc.

Bed

3

Bath

2 (1/1)

Shower and Tub

Parking

0

Carport, Parking Area

SQ FT

1,092

SQ FT Source

Unavailable

Lot SQ FT

6,534.0

Lot Acres

0.15 Acres

Kitchen

Cooktop - Gas, Countertop - Tile, Dishwasher, Garbage Disposal, Refrigerator

Cooling

Ceiling Fan, Window / Wall Unit

Dining Room

Eat in Kitchen

Disclosures

Natural Hazard Disclosure

Family Room

No Family Room

Flooring

Carpet, Tile

Foundation

Concrete Slab

Fire Place

Living Room, Wood Burning

Heating

Forced Air

Laundry

Dryer, Electricity Hookup (220V), Washer

Fee

Unavailable

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.