
Los Gatos, California 95032
This property presents a High-Potential Investment Opportunity with a List Price of $2,298,000—positioned above the $2,142,602 Fair Market Value by 7%. While currently in Fair Condition Rating (5), the property offers significant upside through its 7,700 sq ft lot and submitted plans for a 2,318 sq ft expansion with ADU. Located in the prestigious Los Gatos School District, this asset is ideal for Value-Add Investors or Owner-Occupants looking to execute a high-value renovation in a premier neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16281 Camino Del Sol Subject | $2,298,000* List Price | 2 | 2 | 1,292 | $1,658 | - |
A 172 Maricopa Drive Sold | $2,000,000 | 4 | 2 | 1,453 | $1,376 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1949 and largely in original condition despite recent cosmetic paint and carpet. The presence of a wall heater indicates an outdated HVAC system, and the bathroom fixtures are significantly dated. The listing is explicitly marketed as a major remodel or expansion opportunity, fitting the criteria for a property needing substantial rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7700, living area = 1292.
The property is situated within the boundaries of highly acclaimed Los Gatos schools, including Blossom Hill Elementary and Los Gatos High, ensuring strong long-term property value and desirability.
Includes submitted plans for a comprehensive remodel and expansion to a 2,318 sq ft residence with an ADU, providing a streamlined path for buyers to create a modern, high-value estate.
The property was recently sold within the past year on 2025-11-21. The sold price is $2,105,000.00.
With only two bedrooms and 1,292 square feet of current living area, the home is undersized for the price point and likely requires immediate further investment to be functional for larger families.
Originally built in 1949, the property may require significant modernization of its core systems and layout beyond the recent cosmetic updates to meet contemporary luxury standards.
Exceptional opportunity in academically acclaimed Los Gatos Schools to complete plans submitted for future remodel/expansion of existing home to 1,875 sq ft plus an attached 443 square foot Accessory Dwelling Unit, for a total of 2,318 square feet.Expanded home would feature four bedrooms plus office and four and a half bathrooms.Alternatively, may be ideal for a remodel without expansion.The existing house is on a level 7,700 sq ft lot featuring expansive front and back yards, mature trees, patio and a multitude of possibilities for outdoor fun and entertainment.Recently painted and carpeted, the home features a bright living/great room with fireplace, formal dining area, and an eat-in kitchen with abundant storage and newer butcher-block kitchen countertops. Both sunny bedrooms have full-wall closets. Hall bathroom includes shower over tub.Additional spaces include a fully enclosed sunroom with a half bathroom and an oversized two-car garage with new garage door and workbench perfect for hobbies or storage. Ideal location with easy access to Hwys 17, 880 & 85, within minutes of fantastic shopping, dining, and charming vibrant downtown Los Gatos. Top-rated Blossom Hill Elementary, Raymond J. Fisher Middle, and Los Gatos High (Buyer to Verify) complete this rare opportunity.
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 | 1,292 | 2,262 |
| Lot Size | 7,700 | 11,200 |
| Price | $2.30M | $2.86M |
| Price per sq ft | $1.8K | $1.3K |
| Built year | 1949 | 1964 |
| HOA | $0 | $175 |
| Days on market | 26 | 39 |
Jun 26, 2026
$2,298,000
Initial Listing
Nov 21, 2025
$2,105,000
Public Record