Rosewood by Brookfield Residential

Four-Bedroom Moderate Homes

If you missed the initial entry deadline for OD 816, you may enter the drawing and submit your file by 9/29/2026, 5pm or sooner!

*Ranked applicants who met the initial deadlines are processed first according to their ranking numbers.

UPDATE 8/6/2026: 908 More Lane - The City of Morgan Hill has approved waiving the minimum occupancy from 3 people to 1 for this unit.


OPPORTUNITY DRAWING #816

4 Bedrooms / 3.5 Bathrooms

Approx. 1844 Sq Ft

Sales Price: $615,000

Monthly HOA: Estimated $424

H06 Insurance required

Solar Requirements:

  • Lease: $138-148; subject to change based on utility ranges at the time of Lease entry

  • Purchase: $14,450 Note: If buying solar, a Capital Improvement Credit will be added to the buyer’s purchase cost. Please work with your loan officer to ensure this cost is considered.

Special Taxes: Approx. $3,579.56/year

Property Designated Income Category: Up to Moderate

Occupancy: Min Household 1, Max 9 people (owners will be required to occupy the property)

  • UPDATE 8/6/2026: 908 More Lane - The City of Morgan Hill has approved waiving the minimum occupancy from 3 people to 1 for this unit.

Resale Restriction Terms: 45 Years (Review the documents)

First-Time Home Buyer Requirement: Yes (see guidelines for the definition)

Please refer to the ODN (Right) for additional information

IMPORTANT DEADLINES

If you missed the initial entry deadline for OD 816, you may enter the drawing and submit your file by 9/29/2026, 5pm or sooner!

Estimated minimum household income: $160,504.20

Estimated Cost Breakdown

Interest may change; speak to your Loan Officer. Also, check with the County Tax Assessor for additional taxes that may not be reflected here.