145 Central Avenue, Los Gatos, California 95030, Monte Sereno, 95030 - 5 bed, 5 bath
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Los Gatos, California 95030
This Sophisticated Multi-Generational Estate is a Prime Investment Opportunity listed at $4,388,888—positioned well below the $4,544,671 Fair Market Value by 3%. This valuation gap offers $155,783 in Instant Equity. Boasting a Mint Condition Rating after a $700,000 renovation, this Move-in Ready home features a Chef’s Kitchen with Wolf appliances, a detached 800 sq ft ADU, and panoramic mountain views. Located near downtown Los Gatos and top-rated schools, it balances luxury with financial upside. This is ideal for Owner-Occupants or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 145 Central Avenue Subject | $4,388,888* List Price | 5 | 5 | 3,808 | $1,193 | - |
A 117 Edelen Avenue Active | $4,500,000 List Price | 5 | 5 | 3,298 | $1,364 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive renovation with over $700K in upgrades, including a high-end chef's kitchen with Wolf and Sub-Zero appliances, a new primary suite, and a detached 800 sq ft ADU. The finishes are modern and sophisticated, and the home is in mint condition, meeting the criteria for a recent major renovation.
With over $700,000 recently invested in upgrades, the home features high-end Wolf and Sub-Zero appliances, a new luxury primary suite, and sophisticated finishes that blend timeless design with modern comfort.
The property offers exceptional flexibility with a detached 800 sq ft ADU and a main house layout featuring multiple suites and private living areas, ideal for extended family or guest accommodations.
Nestled in a prestigious hillside setting near downtown Los Gatos and Testarossa Winery, the residence captures stunning mountain and city light views while maintaining proximity to top-rated schools.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3808, other record living area = 3428. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The 6,600 sq ft lot is relatively small for a home totaling over 4,600 sq ft of living space, which may limit private outdoor yard area and garden utility.
A significant price reduction from the original list price suggests the property may have faced challenges with initial market positioning or appraisal valuations in the current luxury segment.
Timeless design meets modern luxury in this newly renovated residence offering approx. 4,608 sq ft (incl ADU.) Over $700K spent on remodelling creating a new primary suite, detached 800sq ft ADU and updating finishes throughout. Perfect location close to town and schools whilst nestled in a quiet hillside with stunning views. Curated finishes create a sophisticated yet inviting atmosphere and the space lends itself to multi-generational living, with plenty of quiet corners as well as spacious communal areas. The chef's kitchen features Wolf and Sub-Zero appliances and opens to multiple living and dining areas for everyday living or entertaining. The outdoor terraces capture mountain and city light views. The primary suite occupies its own level with a spa-inspired bath, dual shower, sitting area and custom cabinetry. The lower level includes an additional suite with fireplace and private deck, plus two bedrooms, two baths, and a separate study. A garden level with lawn, outdoor kitchen, and private cinema adds to the home's versatility. The ADU above the oversized garage offers flexible living options. Ideally located near downtown Los Gatos and Testarossa Winery
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 72% |
| Baths | 5.0 | 3.0 | 72% |
| Square foot | 3,808 | 2,511 | 76% |
| Lot Size | 6,600 | 19,132 | 17% |
| Price | $4.39M | $3.95M | 69% |
| Price per sq ft | $1.2K | $1.6K | 24% |
| Built year | 1945 | 1961 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 127 | 31% |
Mar 15, 2026
$4,388,888
$4,598,000
-5% Price Drop
Initial Listing
Feb 24, 2026
$4,598,000
Initial Listing
Jun 3, 2022
$3,512,000
Public Record
Apr 3, 2012
$1,350,000
Public Record