
Los Gatos, California 95032
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $4,500,000—positioned slightly above the $4,453,643 Fair Market Value. While the property requires cosmetic updates to its Condition Rating of 4, the expansive 2.8-acre lot and inverted floor plan offer significant upside. Featuring a fenced in-ground pool, city light views, and a Los Gatos Union Elementary location, the home provides a rare canvas for modernization. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to customize a luxury estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15295 Kennedy Road Subject | $4,500,000* List Price | 4 | 4 | 2,686 | $1,658 | - |
A 15333 Kennedy Road Active | $3,898,000 List Price | 3 | 3 | 2,600 | $1,499 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988 (36 years old), the home appears well-maintained but is significantly dated. The kitchen and bathrooms feature original 1980s elements such as tile countertops, oak cabinetry, and fluorescent light boxes. While functional and move-in ready, it requires aesthetic and fixture updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 123275, living area = 2686.
Situated on over 2.8 acres (123,275 sq. ft.), this property offers exceptional privacy and significant outdoor potential in a highly sought-after Los Gatos location.
The home boasts impressive views of the city lights, surrounding hills, and mountains, significantly enhancing the property's luxury appeal and atmosphere.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
At a $4.5M list price for 2,686 sq. ft., the property commands a premium price point that may be challenging for buyers focused on interior living space volume.
Built in 1988 and featuring tile countertops, the home may require additional capital investment for modern cosmetic upgrades to compete with newer luxury builds.
This spacious 4-bedroom, 3.5-bathroom home in Los Gatos offers 2,686 sq. ft. of living space with a combination of hardwood and tile flooring throughout. The kitchen is equipped with modern amenities including a built-in dishwasher, microwave, refrigerator, garbage disposal, tile countertops, and a 220-volt outlet. Enjoy cozy evenings by the gas-burning and wood-burning fireplaces in the living areas. The home features a separate family room and a dining area, as well as an open, inverted floor plan with vaulted and open beam ceilings, skylights, and a garden window. Laundry facilities include washer/dryer hookups with both 110V and 220V electricity in the utility room. Additional amenities include built-in vacuum, wet bar, and a security gate. The property sits on a large lot of over 123,000 sq. ft. with a fenced, in-ground pool. Cooling is provided by ceiling fans, central AC, and multi-zone systems. The residence is located within the Los Gatos Union Elementary school district. Two-car garage included.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,686 | 2,262 |
| Lot Size | 123,275 | 11,200 |
| Price | $4.50M | $2.86M |
| Price per sq ft | $1.7K | $1.3K |
| Built year | 1988 | 1964 |
| HOA | $0 | $175 |
| Days on market | 14 | 39 |
Jul 8, 2026
$4,500,000
Initial Listing