15515 Corinne Drive, Los Gatos, California 95032, Los Gatos, 95032 - 3 bed, 2 bath
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Los Gatos, California 95032
This Single Family Residence presents a High-Potential Investment Opportunity, listed at a List Price of $2,868,000—positioned slightly above the $2,771,309 Fair Market Value. While requiring modernization, the property features a Condition Rating of 4, offering a blank canvas for value-add renovations. The expansive 9,625 sq. ft. lot provides significant upside for expansion in a premier Los Gatos location served by top-rated schools. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to personalize a spacious home in a high-demand market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15515 Corinne Drive Subject | $2,868,000* List Price | 3 | 2 | 2,039 | $1,359 | - |
A Camellia Terrace Sold | $2,410,000 | 5 | 3 | 1,985 | $1,214 | 0.3 mi |
B 939 Cherrystone Drive Sold | $2,801,000 | 3 | 2 | 1,735 | $1,614 | 0.7 mi |
C 16970 Placer Oaks Road Sold | $2,385,000 | 5 | 3 | 2,235 | $1,067 | 0.4 mi |
D 16737 Leroy Avenue Pending | $2,399,888 List Price | 4 | 3 | 1,525 | $1,574 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, this 51-year-old property is described as having 'endless potential' and being an opportunity to 'update and personalize.' While the exterior and grounds appear well-maintained and the home is marketed as move-in ready, the age and description indicate that the kitchen, bathrooms, and major systems are dated (>20 years) and require modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9625, living area = 2039.
Situated in a highly sought-after Los Gatos neighborhood, the property offers access to top-rated schools and proximity to major Silicon Valley commute routes.
The generous 9,625 sq. ft. lot provides significant space for outdoor entertaining, gardening, or future home expansion in a premium area.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1973, the home is marketed as having 'endless potential,' suggesting that significant updates and renovations are needed to meet modern luxury standards.
With a list price of nearly $2.87M, the cost of entry is high for a property that likely requires additional capital investment for personalization and repairs.
Endless potential in a highly sought-after Los Gatos location. Set on an expansive approximately 9,625 sq. ft. lot, this light-filled home offers oversized rooms, a flowing floor plan, and an abundance of natural light throughout. Large living spaces create a warm and inviting atmosphere, while the flexible layout provides the perfect opportunity to update, personalize, and make the home your own. Whether you're looking to move in and enjoy, renovate over time, or create your dream home, the possibilities are exceptional. The generous lot offers ample space for outdoor entertaining, gardening, play, or future expansion. Ideally located near parks, shopping, dining, and major commute routes, this home is also served by the highly acclaimed Los Gatos schools, making it an outstanding opportunity in one of Silicon Valley's most desirable communities. A rare chance to own a spacious, light-filled home on a large lot in the heart of Los Gatos.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 37% |
| Baths | 2.0 | 3.0 | 27% |
| Square foot | 2,039 | 2,269 | 39% |
| Lot Size | 9,625 | 9,900 | 47% |
| Price | $2.87M | $3.20M | 33% |
| Price per sq ft | $1.4K | $1.4K | 51% |
| Built year | 1973 | 1965 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 88 | 2% |
Jun 2, 2026
$2,868,000
Initial Listing