16786 Corcel Court, Los Gatos, California 95032, Los Gatos, 95032 - 3 bed, 2 bath

16786 Corcel Court, Los Gatos, California 95032 home-pic-0

16786 Corcel Court

Los Gatos, California 95032

ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,448Sq Ft
9,000Lot Size

Property Price

LIST PRICE$1,998,000
EST. MARKET VALUE
$2,186,600
8% BelowMARKET VALUE

SUMMARY

Analysis of 16786 Corcel Court, Los Gatos, California 95032 reveals a Prime Investment Opportunity with a current list price of $1,998,000—significantly undercutting the $2,186,600 Fair Market Value by 8%. This valuation gap indicates a +$188,600 Instant Equity potential for buyers. 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.

Estimated Market Value

$2,186,600 +$188,600 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Gatos.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
16786 Corcel Court
Subject
$1,998,000*
List Price
321,448$1,510-
A
16281 Camino Del Sol
Sold
$2,105,000211,292$1,6290.7 mi
B
211 Drakes Bay Avenue
Sold
$2,350,000321,584$1,4841.0 mi
C
167 Las Astas Drive
Sold
$2,525,000321,846$1,3680.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

The property is a well-maintained 1955 ranch that has received essential cosmetic and structural updates, including a new roof, fresh interior/exterior paint, and refinished hardwood floors. However, the kitchen and bathrooms remain largely outdated with older cabinetry, tile countertops, and vintage appliances. While move-in ready and functional, the home lacks a full modern renovation, fitting the 'fair' criteria of being aged but maintained with signs of being outdated.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9000, living area = 1448.

  • Prime Location and Lot

    Situated on a quiet court in a premier Los Gatos neighborhood, the property features a generous 9,000 sq. ft. flat lot, offering rare privacy and significant potential for expansion or a custom outdoor retreat.

  • Recent Essential Upgrades

    The home boasts a newly installed roof, fresh interior and exterior paint, refinished hardwood floors, and new carpeting, providing a solid, move-in-ready foundation that reduces immediate maintenance costs.

CONSRISKS & DEFICIENCIES

  • Modernization Required

    While well-maintained, the home is positioned as an opportunity to 'reimagine,' indicating that the kitchen and bathrooms likely require significant updates to meet contemporary luxury standards.

  • Limited Interior Square Footage

    At 1,448 square feet, the living space is relatively modest for the price point, which may necessitate additional investment in an extension or ADU for buyers seeking more room.

About 16786 Corcel Court

Beautifully positioned on a quiet court, this single-level home sits on a flat 9,000 sq ft lot with expansive front and rear grounds, presenting a rare opportunity to reimagine and enhance in a premier location. The functional floor plan includes a formal dining room with built-ins and a spacious living room anchored by a classic wood-burning brick fireplace. Sliding glass doors and large windows invite natural light and create a seamless connection to the backyard. The kitchen offers ample cabinetry and workspace. The primary suite enjoys direct backyard access, while two additional bedrooms and a hall bath with shower over tub provide flexible living options. A newly installed roof, fresh interior and exterior paint, new carpeting, refinished hardwood floors, and updated light fixtures offer a strong foundation for future improvements. Outdoors, mature landscaping, a spacious patio, generous lawn areas, and a mature lemon tree create a peaceful garden setting with exceptional potential to remodel, expand, or design a custom outdoor retreat. Ideally located near award-winning Los Gatos schools, parks, shopping, dining, and major commute routes, this property presents an outstanding opportunity to create lasting value in a highly desirable neighborhood.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1955
Lot Size
9,000 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
35%
Baths2.03.0
16%
Square foot1,4482,165
9%
Lot Size9,0009,180
49%
Price$2.00M$2.92M
5%
Price per sq ft$1.4K$1.4K
51%
Built year19551967
21%
HOA$0$0
50%
Days on market4179
2%

Pricing History

Listed for Sale

Mar 3, 2026

$1,998,000

Initial Listing

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