About 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.
Features of 340 Walnut Lane
| MLS® # | ML82053778 |
|---|---|
| Price | $749,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 1 |
| Half Baths | 1 |
| Square Footage | 1,092 |
| Acres | 0.15 |
| Year Built | 1953 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active Under Contract |
Community Information
| Address | 340 Walnut Lane |
|---|---|
| Area | 699 - Not Defined |
| City | Gilroy |
| County | Santa Clara |
| Zip Code | 95020 |
Amenities
| Parking | Carport |
|---|---|
| Garages | Carport |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Tile |
|---|---|
| Appliances | Dishwasher, Disposal, Refrigerator, Dryer, Washer, Gas Cooktop |
| Heating | Forced Air |
| Cooling | Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | Living Room, Wood Burning |
| # of Stories | 1 |
Exterior
| Roof | Composition |
|---|---|
| Foundation | Slab |
School Information
| District | Gilroy Unified |
|---|
Additional Information
| Date Listed | July 26th, 2026 |
|---|---|
| Days on Market | 62 |
| Zoning | R1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Lizette Oliveri |
|---|---|
| Office | Realty One Group Infinity |