16508 Oleander Avenue, Los Gatos, California 95032, Los Gatos, 95032 - 5 bed, 3 bath
16508 Oleander Avenue
Los Gatos, California 95032
Property Price
SUMMARY
Analysis of 16508 Oleander Avenue, Los Gatos, California 95032 reveals a Fairly Priced Property with a current list price of $4,199,000 aligned with the estimated $4,180,942 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16508 Oleander Avenue Subject | $4,199,000* List Price | 5 | 3 | 3,102 | $1,348 | - |
A 15681 Camino Del Cerro Sold | $4,400,000 | 5 | 4 | 3,060 | $1,438 | 0.7 mi |
B 16251 Lilac Lane Sold | $3,175,000 | 5 | 3 | 2,371 | $1,339 | 0.3 mi |
C 16100 Jasmine Way Sold | $4,405,000 | 6 | 5 | 3,195 | $1,379 | 0.4 mi |
D 141 Fairmead Lane Sold | $3,200,000 | 4 | 3 | 2,066 | $1,549 | 0.4 mi |
E 137 Fairmead Lane Sold | $3,410,000 | 4 | 3 | 2,205 | $1,546 | 0.4 mi |
F 15675 El Gato Lane Active | $4,450,000 List Price | 4 | 3 | 2,975 | $1,496 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1951, the property has undergone extensive high-end renovations that align with current luxury standards. The interior features a modern open-concept layout with vaulted ceilings, premium wide-plank hardwood flooring, and recessed lighting throughout. The kitchen is equipped with professional-grade stainless steel appliances and contemporary cabinetry, while the primary bathroom has been recently remodeled with designer finishes. All visible components, including fixtures and systems, appear new or virtually new with no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Blossom Hill Elementary School (9/10). Middle School: Union Middle School (9/10). High School: Los Gatos High School (10/10).
- Premier Location & Schools
Situated in the prestigious Blossom Hill Manor, the home is within walking distance to top-rated schools like Blossom Hill Elementary and Los Gatos High, offering exceptional long-term value and lifestyle convenience.
- Versatile & Spacious Floor Plan
The 3,102 sqft layout features a rare main-level primary suite and a flexible 5th bedroom/office, catering perfectly to multi-generational living or modern remote work needs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Vintage Infrastructure
Originally built in 1951, the property may require ongoing maintenance or updates to underlying systems that were not addressed in recent cosmetic remodels.
- Lot Size vs. Price Point
At a $4.2M price point, the sub-10,000 sqft lot may feel restrictive for luxury buyers seeking the larger acreage or increased privacy often found in other Los Gatos estates.
About 16508 Oleander Avenue
Welcome to this beautiful family home in the highly sought-after Blossom Hill Manor neighborhood of Los Gatos. Thoughtfully designed with a flexible floor plan, the home offers 4 bedrooms plus an office that can easily function as a fifth bedroom, along with 3 full bathrooms, and a desirable main-level primary suite. The spacious primary retreat features French doors that open to the backyard, a walk-in closet, and a full bathroom recently remodeled, creating a comfortable and private space. Upstairs, two bedrooms are complemented by a generous bonus area perfect for a playroom, study space, or media lounge. Formal living and dining rooms provide inviting spaces that are perfect for entertaining, while the open-concept kitchen and family room with vaulted ceilings create a bright and welcoming everyday gathering space. The expansive backyard offers a patio lounge with fire pit and an open lawn, perfect for entertaining or everyday enjoyment, with plenty of space to further customize or expand the outdoor living experience. Located near Blossom Hill Elementary, Whole Foods, Vasona Lake Park, local trails, and with easy freeway access, this home offers the best of Los Gatos living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 9,471 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Gatos Unified Schools
Blossom Hill Elementary School
Grades K-5 • 0.2 mi
Loma Prieta Elementary School
Grades K-5 • 7.9 mi
Raymond J. Fisher Middle School
Grades 6-8 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 84% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,102 | 2,205 | 86% |
| Lot Size | 9,471 | 9,355 | 53% |
| Price | $4.20M | $3.00M | 84% |
| Price per sq ft | $1.4K | $1.4K | 44% |
| Built year | 1951 | 1967 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 179 | 2% |
Pricing History
Listed for Sale
Mar 3, 2026
$4,199,000
Initial Listing