16057 Shannon Road, Los Gatos, California 95032, Los Gatos, 95032 - 6 bed, 6 bath
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Los Gatos, California 95032
This Spacious Multi-Generational Estate is a High-Potential Investment Opportunity, listed at $3,800,000—positioned well below the $4,286,394 Fair Market Value by 11%. This valuation gap offers $486,394 in Instant Equity. Featuring a 3,480 sq ft main house, guest house, and resort-style pool, the property maintains a Condition Rating of 3. With SB9 development potential on its 1-acre lot, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a unique, income-generating rural paradise.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16057 Shannon Road Subject | $3,800,000* List Price | 6 | 6 | 3,480 | $1,232 | - |
A 108 Teresita Way Sold | $4,700,000 | 5 | 4 | 3,831 | $1,227 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1953, the property has been well-maintained and significantly updated. It features a modern kitchen with stone countertops and stainless appliances, updated flooring, and a finished basement conversion. High-value system upgrades include whole-house solar with battery backup, making it move-in ready and functional for modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43784, living area = 3480.
The property features a substantial 3,480 sq ft main residence plus a separate 792 sq ft guest house, providing excellent flexibility for extended family, guests, or rental income.
Situated on a rare 1-acre lot with an undeveloped lower half, the property offers significant upside through a potential SB9 lot split or further custom expansion.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3480, other record living area = 2232. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
A significant portion of the living area (1,175 sq ft) is located in a walkout basement conversion, which may not appeal to buyers preferring all primary bedrooms on the main levels.
Originally built in 1953, the property may require more intensive maintenance or updates to its older core infrastructure compared to newer luxury builds in the area.
Exceptional opportunity located at the corner of Shannon and Short Rd, this spacious 3,480 sq ft home on a 1 acre lot offers 5+ bedrooms and 5 full bathrooms in the main house plus a 1 bed/1 bath 792 Sq Ft guest house. The main level benefits from stunning views over Los Gatos and exceptional natural light. You'll find 2 full bedroom suites on this floor as well as formal living/dining with gorgeous views, large modern kitchen, breakfast nook, and office/family room. A spacious family rm (optional third bedroom) completes the upper level. A fully finished 1175 SqFt walkout basement conversion offers a potential 3 further bedrooms (currently 2 bedrooms are combined), 2 bathrooms and a recreation room. The property sits on a private 1 acre lot and includes a two-car garage, ample parking, an expansive terrace and a resort style pool, spa and beach area. Amenities include whole house on-grid solar power with battery backup. All buildings, pool, spa and terraces are located on the upper half acre leaving the lower half ready for your imagination. SB9 lot split may be possible (buyer to investigate) or simply enjoy the rural feel of your own private acre. A rural paradise with the convenience of a popular in-town neighborhood. Truly a unique opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.0 |
| Baths | 6.0 | 3.0 |
| Square foot | 3,480 | 2,262 |
| Lot Size | 43,784 | 11,200 |
| Price | $3.80M | $2.86M |
| Price per sq ft | $1.1K | $1.3K |
| Built year | 1953 | 1964 |
| HOA | $0 | $175 |
| Days on market | 33 | 39 |
Jun 19, 2026
$3,800,000
Initial Listing
Jun 28, 2017
$2,320,000
Public Record