
Los Gatos, California 95030
Analysis of 16490 Wood Acres Road, Los Gatos, California 95030 is currently available with a list price of $3,200,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Gatos Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Although the property is described as move-in ready, the interior finishes, particularly in the bathrooms, show significant dating (15-30 year old renovations) with older vanities and mosaic tile work. The kitchen features mid-aged updates and stainless appliances, and while modern mini-split HVAC units are visible, the 1900 structure requires aesthetic and likely system modernization to move beyond its current dated condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 197754, living area = 2998.
Spanning over 5.3 acres in the prestigious Los Gatos Hills, this property offers a rare combination of extreme privacy, usable land, and breathtaking city light views.
The property provides access to award-winning Saratoga schools, a premier draw for families that significantly enhances long-term property value and marketability.
Originally built in 1900, the main structure may require substantial modernization, structural inspections, or costly updates to meet the expectations of contemporary luxury buyers.
With 71 days on the market and a recent $300,000 price reduction, the property is currently facing a period of price discovery which may indicate a misalignment between condition and initial valuation.
Welcome to 16490 Wood Acres Road, a retreat offering breathtaking city light views, with over 5.3 acres, and access to award-winning Saratoga schools. Situated in the coveted Los Gatos Hills, this unique property blends tranquility, privacy, and convenience in an exceptional setting. The two story home features four bedrooms and two bathrooms, with spacious living areas designed for comfortable everyday living and entertaining. A gated sparkling pool creates a resort-like atmosphere, while a separate one-bedroom apartment provides flexible space for guests, extended family, a nanny, or a private office. Whether you're seeking a move in ready residence or envision transforming the property into your dream estate, the possibilities are endless. The expansive grounds offer a rare sense of seclusion while remaining just minutes from downtown Los Gatos and Saratoga. Ideally located for Silicon Valley professionals, the home provides convenient access to major tech campuses, renowned wineries, fine dining, boutique shopping, and outdoor recreation, including nearby Overlook Trail. A rare opportunity to own a premier property with stunning views, usable acreage, outstanding schools, and an exceptional private location on expansive grounds.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.8 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,998 | 2,311.559 |
| Lot Size | 197,754 | 29,516.661 |
| Price | $3.20M | $2.79M |
| Price per sq ft | $1.1K | $1.2K |
| Built year | 1900 | 1971 |
| HOA | $0 | $217 |
| Days on market | 81 | 42 |
Aug 2, 2026
$3,200,000
$3,500,000
-9% Price Drop
Initial Listing
Jun 20, 2026
$3,500,000
Initial Listing