14225 Lora Drive 70, Los Gatos, California 95032, Los Gatos, 95032 - 2 bed, 1 bath

14225 Lora Drive 70, Los Gatos, California 95032 home-pic-0
ACTIVE$489,000
14225 Lora Drive 70, Los Gatos, California 95032
2Beds
1Bath
996Sqft
997.52Lot
Year Built
1963
Close
-
List price
$489K
Original List price
$595K
Price/Sqft
$491
HOA
$755
Days on market
-
Sold On
-
MLS number
ML82027789
Home ConditionGood
Features
Good View:
Patio
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $489.0K(9th), sqft - 996(27th), beds - 2(50th), baths - 1(27th).

This fabulous condominium is located in the quiet and peaceful Wedgewood Manor community. Welcome to this well-maintained complex with plenty of green space and trees, providing a serene and relaxing environment. Enjoy the spacious living room with large windows that let in natural light. The living room opens up to an enclosed patio providing an ideal work space or a sitting area. Floors were updated and condo was freshly painted on the interior a couple of years ago. Kitchen has stone countertops, stove, refrigerator and dishwasher. There are two comfortably sized light filled bedrooms, both of which are carpeted. This home also features an updated bathroom with a newer vanity and modern style designed tiles for the tub over shower. Complex amenities include a large clubhouse w/kitchen, workshop, gym, a car washing station and wood shop. Located close to downtown Los Gatos, Bay Club and freeway access. Perfect for a first time home buyer or investor. Home has been virtually staged.

Nearby schools

7/10
Westmont High School
Public,9-120.7mi

Price History

Date
Event
Price
11/18/25
Price Change
$489,000
11/17/25
Listing
$595,000
07/14/23
Sold
$562,000
06/13/97
Sold
$100,000
Condition Rating
Good

Built in 1963, this condominium has received recent updates, including new flooring and fresh paint a couple of years ago, and a fully updated bathroom with a modern vanity and tiling. The kitchen features stone countertops and a mix of newer stainless steel appliances (dishwasher, microwave) alongside older white appliances (refrigerator, stove) and older style wood cabinets. While the kitchen is functional and clean, it's not fully modernized, preventing an 'Excellent' rating. However, the property is move-in ready with no immediate renovations required, aligning with a 'Good' condition score.
Pros & Cons

Pros

Desirable Los Gatos Location: The condominium is ideally located in Los Gatos, offering convenient access to downtown, the Bay Club, and major freeways, enhancing its appeal for residents.
Extensive Community Amenities: Residents benefit from a wide array of complex amenities including a large clubhouse with kitchen, workshop, gym, car washing station, and wood shop, fostering a vibrant community lifestyle.
Recent Interior Updates: The unit features updated flooring and fresh interior paint from a couple of years ago, along with an updated bathroom boasting a newer vanity and modern tiles, presenting a well-maintained interior.
Peaceful & Well-Maintained Environment: Situated in the quiet Wedgewood Manor community, the complex offers a serene and relaxing environment with ample green space and trees, contributing to a high quality of life.
Natural Light & Versatile Space: The spacious living room is filled with natural light from large windows, complemented by an enclosed patio that serves as an ideal workspace or additional sitting area.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =997, other record lot size in square feet = 2242.
High Association Fees: The monthly association fee of $755.00 is substantial, which could significantly impact the overall affordability and monthly carrying costs for potential buyers.
Older Building Construction: Built in 1963, the property's age may suggest potential for aging infrastructure or systems that could require future maintenance or updates not explicitly mentioned.
Significant Price Reduction: The current list price of $489,000 is notably lower than the original list price of $595,000 and a previous sale price of $562,000 in 2023, which may indicate market challenges or a need for a quicker sale.

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