
Los Gatos, California 95030
With million dollar views looking out of practically every window on the North side, on this prestigious Matilija drive, it can be a little lonely on the top, but it feels extremely comfortable. Wake up to abundant morning sun allowed in through the enormous windows next to the soaring ceilings. This magnificent North facing home is surrounded by multi-million dollar homes down the road. And although this mansion is zoned for Saratoga schools, those who prefer to send their kids to Harker find it a breeze to drive there. The current owners raised their very successful children in this lucky house, and became very successful! They moved to the most prestigious neighborhood in the Bay Area. So come get the good karma! 7.03 acres of lot presents the potential to do SB9 lot splits. Buyer to investigate. $150K spent to get an ADU approved, near the entrance, pending retaining wall reviews. Enormous 1st level has primary + 2nd bedroom ensuites, and office on the first floor, giving you the expansive feel. Soaring 12' high ceiling in the living room, with 20' ceiling in the round stair case leading to 2 more ensuites on the 2nd floor! Private backyard and swimming pool. Mountains on the back & right side provide sense of protection. Solar w/ Powerwall is fully owned. Live your dream now
Property is moderate renovation needed.
Built in 1997 (27 years old), the home is well-maintained but remains largely in original condition. The kitchen and laundry room feature dated oak cabinetry and older tile work, and the bathrooms reflect 90s styling. While the addition of a modern solar system and Powerwall is a significant system upgrade, the primary living areas and fixtures are over 20 years old and require cosmetic updates to meet current luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 306226, living area = 4450.
The expansive 7.03-acre lot offers significant value-add opportunities, including SB9 lot split potential and a nearly-approved ADU project with $150,000 already invested in the planning phase.
Situated on the exclusive Matilija Drive, the property offers a high-status address with access to top-rated Saratoga schools and convenient proximity to elite private institutions like Harker.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4450, other record living area = 4150. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The requirement for retaining wall reviews for the ADU indicates that further development on the hillside terrain may involve high engineering costs and complex permitting processes.
The property's 'top of the world' positioning and vast acreage may feel overly isolated for buyers seeking a traditional neighborhood feel or close proximity to neighbors.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.8 |
| Baths | 5.0 | 3.0 |
| Square foot | 4,450 | 2,245.623 |
| Lot Size | 306,226 | 24,726.519 |
| Price | $7.10M | $2.78M |
| Price per sq ft | $1.6K | $1.2K |
| Built year | 1997 | 1970 |
| HOA | $0 | $194 |
| Days on market | 16 | 42 |
Oct 8, 2026
$7,100,000
Initial Listing
Sep 23, 2019
$4,525,000
Public Record
Sep 20, 1995
$825,000
Public Record