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

16786 Corcel Court
Los Gatos, California 95032
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16786 Corcel Court Subject | $1,998,000* List Price | 3 | 2 | 1,448 | $1,510 | - |
A 16281 Camino Del Sol Sold | $2,105,000 | 2 | 1 | 1,292 | $1,629 | 0.7 mi |
B 211 Drakes Bay Avenue Sold | $2,350,000 | 3 | 2 | 1,584 | $1,484 | 1.0 mi |
C 167 Las Astas Drive Sold | $2,525,000 | 3 | 2 | 1,846 | $1,368 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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 However, the kitchen and bathrooms remain largely outdated with older cabinetry, tile countertops, and vintage appliances.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the home lacks a full modern renovation, fitting the 'fair' criteria of being aged but maintained with signs of being outdated.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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 35% |
| Baths | 2.0 | 3.0 | 16% |
| Square foot | 1,448 | 2,165 | 9% |
| Lot Size | 9,000 | 9,180 | 49% |
| Price | $2.00M | $2.92M | 5% |
| Price per sq ft | $1.4K | $1.4K | 51% |
| Built year | 1955 | 1967 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 179 | 2% |
Pricing History
Listed for Sale
Mar 3, 2026
$1,998,000
Initial Listing



























































