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$599,900 Just Listed
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Property Description
Investor Special Gilroy Development Opportunity 332 Lewis St Unit 1/2, Gilroy, CA 95020 (APN: 841-05-002) Rare opportunity to acquire a single-family residence in the rapidly growing Gilroy market. Opportunities like this are increasingly scarce in Santa Clara County, especially at this price point. Property Highlights: Approx. 1,551 SF living area Approx. 7,100 SF flat lot Ideal for renovation, expansion, or redevelopment Multiple exit strategies: Fix & Flip, Buy & Hold, Rebuild, or Develop Asking Price: $575,000 Estimated ARV: $875,000+ (Buyer to Verify) Why this deal stands out: Significant value-add opportunity Large lot with potential for expansion and/or ADU (buyer to verify) Convenient location near downtown Gilroy, schools, parks, shopping, and major commuter routes Strong upside potential for investors, contractors, and developers Bonus Opportunity: The front parcel at 332 Lewis St (APN: 841-05-087) is also available for $100,000. Acquire both parcels to maximize future development potential and unlock additional value. Investor Terms: Sold AS-IS Cash or hard money preferred Opportunities like this rarely come to market. Serious investors, contractors, and developers are encouraged to act quickly.
Full Property Details
Full Property Details for 332 Lewis St
General
- Price: $599,900
- Status: Active
- Type: Single Family
- Source: RE_Infolink
- MLS ID: ML82049555
- Updated: Today (6/3/2026)
- Added to Site: Today
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Family Room: Separate Family Room
Additional Information
- Extras: Not Applicable
Parking
- Parking Features: Uncovered Parking
Location
- Area: Morgan Hill / Gilroy / San Martin
- County: Santa Clara
- Cross Streets: Forest St
Heating & Cooling
- Cooling Type: None
- Heating Type: No Heating
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public Utilities
Structural Information
- Construction: Detached
- Foundation: Crawlspace
- Roof: Composition
- Square Feet: 1,551
- Year Built: 1924
Lot Features
- Minimum Lot Size: 7100
- Lot Size (Sq. Ft.): 7,100
- Zoning: R1
Listed by Bay Realty, Peter Quan Nguyen
Get Pre-Approved Today
Schools
Schools serving 332 Lewis St
School District:Gilroy Unified School District
| Name | Grades | Distance |
|---|---|---|
Eliot Elementary School 475 Old Gilroy Street, Gilroy, CA 95020 | K-5 | 0.4 mi |
Brownell Middle School 7800 Carmel Street, Gilroy, CA 95020 | 6-8 | 0.7 mi |
Gilroy High School 750 West 10th Street, Gilroy, CA 95020 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 332 Lewis St
Date
Details
Price
Change
Source
6/03/2026
Listed
$599,900
1099.8%
MLS
7/26/2024
Sold
$50,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 332 Lewis St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$673
-48%
$50,000
-50%
2024
$1,286
15%
$100,000
17%
2023
$1,121
2%
$85,371
2%
2022
$1,102
1%
$83,698
2%
2021
$1,096
1%
$82,057
1%
2020
$1,084
1%
$81,216
2%
2019
$1,074
7%
$79,624
2%
2018
$1,002
-2%
$78,063
2%
2017
$1,021
-2%
$76,533
2%
2016
$1,045
12%
$75,033
2%
2015
$935
1%
$73,906
2%
2014
$929
1%
$72,459
—
2013
$919
—
$72,132
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 332 Lewis St
332 Lewis St, Gilroy, CA 95020 (MLS# ML82049555) is a Single Family property with 3 bedrooms and 1 full bathroom. 332 Lewis St is currently listed for $599,900 and was received on June 03, 2026. Want to learn more about 332 Lewis St? Do you have questions about finding other Single Family real estate for sale in Gilroy? You can browse all Gilroy real estate or contact a Coldwell Banker agent to request more information.

