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Listed by: Grail Nitsch (650) 772-1519 DRE #01304120 | Legacy Real Estate & Associates (510) 744-3500
$2,000,000
Monthly Est:$9,955
-- Bed
-- Bath
5acres lot
0 Rucker Ave, Gilroy, CA 95020
$2,000,000
$9,955/moEst:
Get Pre-Approved
Agriculture
Built in -
$-- HOA
5 acres lot
$400,000/acre
Description
BUILD 150 WORK FORCE HOUSING UNITS. 5 prime flat acres in Silicon Valley with direct frontage on US-101. Approximately 400,000 +/- cars pass this site every day. Most people see agricultural land. This is an income-producing asset. CA Governor signed new laws for work force housing on agriculture land. Here is the math: THE FINANCING: 1.0% fixed interest through USDA Section 514/516. This program provides low-cost capital for workforce housing development. THE SPEED: Under the California Employee Housing Act (AB 3035), this qualifies for by-right approval. Timeline is approximately 30-60 days to place modular units on-site. THE CASH FLOW:12 units at projected 2026 fair m...
Continue Reading- Houzeo last checked: 2 hours ago
- Listing updated: September 13, 2026 at 2:55 pm
- Source: California Regional MLS-CA | MLS#: ML82018888
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
5 acres lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
ML82018888
MLS Status
Active
Days on Market
395
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Other
Utilities & Energy
Utilities
Electricity Available
Water Source
Well
Other Features
Lot Features
Agricultural, Horse Property, Level
Price History
| Date | Event | Price |
|---|---|---|
03/16/2026 Source: | Price Increased | $2,000,000 +11.11% $0/sqft |
08/21/2025 Source: | Listed for Sale | $1,800,000 $0/sqft |
08/21/2025 Source: | Price Increased | $1,800,000 +300.89% $0/sqft |
09/22/2015 Source: | Price Increased | $449,000 +3.22% $0/sqft |
09/22/2015 Source: | Sold | $435,000 $0/sqft |
Nearby Homes
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Based on information from California Regional Multiple Listing Service, Inc. as of Sep 21, 2026, 10:45AM and /or other sources. 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
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