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3970 Leavesley Rd, Gilroy, CA, 95020

7beds
7baths
7,702sqft
$10,500,000
$1,363price/sqft
$67,208/moest. monthly cost
$2,688,320/yrincome needed

About This Home

Centrally located between Silicon Valley and Carmel, three minutes from the freeway, Shangri-La-Dee-Da is a private estate surrounded by open land, rolling hills, and private ponds. Horse enthusiasts must see! Spanning 58+ acres, the property is a PREMIER EQUESTRIAN ESTATE, private family compound, and destination venue. The land includes two year-round ponds, two existing wells, solar-powered vineyard irrigation, organic non-pesticide grounds, approx 35 fruit trees, and internet service with two Starlink towers. The main residence approx 4,222 sq ft with 4 bed/3 bath, plus an additional 1,180 sq ft finished basement (unpermitted square footage). A 2,300 sq ft 3 bed/3 bath guest house, providing accommodations for extended family, guests, caretakers, or event use. Equestrian amenities include two arenas (one covered), two barns, 10 stalls, a round pen, and an 85' Euro-walker. A large covered steel arena (86 x 200) supports year-round riding, clinics, and events. The vineyard spans 14 acres across three varietals with a separate service entrance, and a wine cellar complements the land. The property offers successful Airbnb use, weddings, private events, retreats, and wine production. Extensive infrastructure, drainage, and natural wind and fire protection allow for year-round use.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

7/10
Rucker Elementary SchoolGrades K-54.3 mi
5/10
Solorsano Middle SchoolGrades 6-85.6 mi
7/10
Christopher High SchoolGrades 9-125.1 mi

Construction

Condition

  • Year built: 1990

Materials

  • Foundation: Concrete Perimeter
  • Roof: Slate

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 7
  • Full bathrooms: 5
  • 1/2 bathrooms: 2

Dining Room

  • Features: FormalDiningRoom

Family Room

  • Features: SeparateFamilyRoom

Features

  • Fireplace features: Other

Heating & Cooling

  • Heating features: Central Forced Air Gas,Forced Air,2 plus Zones,Propane
  • Cooling features: Central Air

Interior Area

  • Total structure area: 7,702
  • Total interior livable area: 7,702 sqft

Property

Details

  • Parcel number: 84148018
  • Zoning: A
  • Special condition: Standard
  • Horse amenities: Arena_Covered,BarnAmenities,Fenced,HayStorage,RidingTrails,Stalls

Features

  • Exterior features: Fire Pit
  • Horses can be raised: Yes

Lot

  • Lot size: 58.51 Acres
  • Features: Agricultural,Mostly Level

Parking

  • Total spaces: 3
  • Parking features: Attached,Garage Door Opener,Golf Cart Garage,Guest
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Drought
    DroughtVery High
  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingVery High
  • Heat Wave
    Heat WaveModerate
  • Landslide
    LandslideModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Drought
Earthquake
Inland Flooding
Heat Wave
Landslide
Wildfire

FEMA Declared Disasters in Santa Clara County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $53,093$637,116
Home Insurance *$1,826$21,912
Property Taxes $10,638$127,656
Electricity $1,651$19,819
Total$67,208$806,496
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,304,274/yr
40% on housing$2,016,240/yr
45% on housing$1,792,213/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,363This listing

vs Other Active Listings

Avg $/sqft

ZIP 95020$531
Santa Clara County$789

vs Homes Sold Last Month

Median $/sqft

ZIP 95020$508
Santa Clara County$1,052

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-17Listed for sale$10,500,000
2025-11-12Listing removed$5,200
2025-10-22Listed for rent$5,200
2020-09-14Listing removed$15,000,000
2020-05-22Listed for sale$15,000,000
2007-02-23Sold$1,260,000
2006-06-07Sold$3,300,000
1998-04-24Sold$1,695,000

For Sale by Agent

Agent Steve&ChristinePerry
BrokerageChristie's International Real Estate Sereno

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