
Los Gatos, California 95032
This High-Potential Development Asset is listed at $1,799,999, positioned below the $1,822,007 Fair Market Value by 1%. This valuation provides $22,008 in Instant Equity for a property defined by its Exceptional Development Potential. While the 1947 home holds a Fair Condition Rating, the sprawling 8,062 sq ft lot with a private patio offers a rare canvas for a luxury rebuild. Located moments from Whole Foods and Top-Rated Schools, this is an elite acquisition for Luxury Developers or Visionary Homeowners.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15590 Linda Avenue Subject | $1,799,999* List Price | 2 | 1 | 977 | $1,865 | - |
A 16369 Hilow Road Sold | $2,100,000 | 3 | 1 | 1,056 | $1,989 | 0.9 mi |
B 16281 Camino Del Sol Sold | $2,105,000 | 2 | 1 | 1,292 | $1,629 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a meticulously maintained 1947 home in largely original condition. While it features some functional upgrades like dual-pane windows and newer pavers, the kitchen and living areas are significantly outdated, featuring original-style cabinetry, tile countertops, and older appliances. The home is clean and livable, but its age and lack of modern renovations place it in the fair category, with the listing itself emphasizing the land's value for future rebuilding.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8062, living area = 977.
The sprawling ~8,100 sq ft sun-drenched lot provides a rare opportunity to expand, reimagine, or completely rebuild, following the trend of luxury transformations in the surrounding neighborhood.
Situated in a highly desirable area, the property is moments away from the new flagship Whole Foods, Trader Joe's, and the world-class dining and boutique shopping of downtown Los Gatos.
With only 2 bedrooms, 1 bathroom, and 977 square feet of living space, the current structure is significantly undersized for the price point and modern luxury standards.
While meticulously maintained, the home is in original condition, likely requiring a total renovation or demolition to realize the full value of the land and location.
UNPRECEDENTED OPPORTUNITY Spanning a sprawling, sun-drenched ~8,100sq ft lot, the value of this property is rooted in its extraordinary future potential. Guarded by majestic redwoods at the front & featuring a "farmers market" backyard w/ mature fruit trees, this expansive footprint offers the rare freedom to expand, reimagine, or completely rebuild *** Follow the lead of the surrounding neighborhood, where visionary projects have transformed modest lots into the Bay Areas most iconic residences *** Current structure is meticulously maintained, original condition w/ dual-pane windows, add'l in-wall insulation, inviting pavers in front / back & more. Situated just off the kitchen, a separate laundry/utility room offers the flexibility of a creative studio, mudroom, or auxiliary pantry *** Location is the hallmark of any extraordinary home; here, you are moments from the new flagship Whole Foods, vibrant boutique shopping, Trader Joes, & world-class dining in downtown Los Gatos *** Access to the regions most prestigious, top-rated schools ensures an investment as sound as it is luxurious *** This is more than a home; it is an invitation to create ***
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 7% |
| Baths | 1.0 | 3.0 | 7% |
| Square foot | 977 | 2,165 | 2% |
| Lot Size | 8,062 | 9,180 | 37% |
| Price | $1.80M | $2.85M | 2% |
| Price per sq ft | $1.8K | $1.4K | 93% |
| Built year | 1947 | 1967 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 129 | 2% |
Apr 15, 2026
$1,799,999
Initial Listing