15171 Old Ranch Road, Los Gatos, California 95033, Los Gatos, 95033 - 2 bed, 2 bath
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Los Gatos, California 95033
This High-Potential Investment Opportunity is listed at $999,000—positioned well below the $1,020,560 Fair Market Value by 2%. This valuation gap offers $21,560 in Instant Equity. Featuring a Condition Rating of 4, the property offers a versatile layout with a detached artist studio and expansive 2.6-acre lot. Served by top-rated schools, this mountain retreat is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a property with significant long-term appreciation potential.
Property is moderate renovation needed.
Built in 1976 (48 years old) with no major renovations mentioned. While the home is well-maintained and move-in ready, the interior finishes (carpet, wood-burning stove) and weathered exterior decking are dated and exceed the 20-year threshold for modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 114650, living area = 1684.
This property offers a rare balance of mountain privacy and convenience, situated just 10 minutes from downtown Los Gatos with easy access to Highway 17 for commuters.
Set on over 2.6 acres, the property includes a detached artist studio and a flexible lower-level layout, providing ample room for creative pursuits, a home office, or guest quarters.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
With only two bedrooms, the home may have limited appeal for larger families or buyers specifically looking for more traditional sleeping accommodations.
Built in 1976, the property may require updates to its original systems or structural elements common with mountain homes of this era to meet modern efficiency standards.
Ideally located with easy access to Highway 17, this charming mountain retreat offers the perfect balance of privacy and convenience, just 10 minutes from downtown Los Gatos. Thoughtfully designed with distinctive architectural details, the home features vaulted ceilings and walls of windows that bring in abundant natural light and showcase the beautiful natural surroundings. The main level offers a spacious living room, a cozy kitchen, and a private primary suite with generous closet space. The lower level provides exceptional flexibility with a family room, bedroom, full bathroom, and utility room - ideal for guests, extended family, or a separate living area. Detached artist studio, perfect for creative pursuits, a home office, or workshop. A circular drive provides abundant parking. Served by top-rated schools including Loma Prieta Elementary, C.T. English Middle School, and Los Gatos High School.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,684 | 2,262 |
| Lot Size | 114,650 | 11,200 |
| Price | $999.0K | $2.86M |
| Price per sq ft | $593 | $1.3K |
| Built year | 1976 | 1964 |
| HOA | $0 | $175 |
| Days on market | 8 | 39 |
Jul 14, 2026
$999,000
Initial Listing