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16970 Cypress Way, Los Gatos, California 95030, Los Gatos, 95030 - 5 bed, 4 bath

16970 Cypress Way, Los Gatos, California 95030 home-pic-0
ACTIVE$4,280,000
16970 Cypress Way, Los Gatos, California 95030
5Beds
4Baths
2,616Sqft
8,085Lot
Year Built
2025
Close
-
List price
$4.28M
Original List price
$4.58M
Price/Sqft
$1,636
HOA
-
Days on market
-
Sold On
-
MLS number
ML82025925
Home ConditionExcellent
Features
Good View: Hills
Deck
ViewHills

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $4.28M(69th), sqft - 2616(54th), beds - 5(64th), baths - 4(62th).

Brand-new single-story 3,032 sqft (2,616 sqft main home + 416 sqft ADU) Cape Codstyle modern residence by AL Homes, currently under construction with an estimated completion in Spring 2026. The flexible layout includes a 4BD/3BA main home plus an attached 1BD/1BA ADU, a 504 sqft attached two-car garage, and solar for enhanced energy efficiency. Bright, airy interiors offer ceilings up to 14'4", dual 12' sliding doors for seamless indooroutdoor living, bedroom skylights, a separate family room, and a welcoming front porch. The primary suite features dual closets and a spa-style bath with double sinks, a walk-in shower, and a soaking tub. The low-maintenance backyard includes an expansive deck and multiple seating areas ideal for meetings, entertaining and enjoying the California weather. Located in an amazing walkable neighborhood just a short distance to downtown dining, boutiques, and schools. Served by the top-rated Los Gatos Union School District (including Louise Van Meter Elementary and Los Gatos High School). Buyer to verify all information.

Price History

Date
Event
Price
12/03/25
Price Change
$4,280,000-6.6%
10/25/25
Listing
$4,580,000
Condition Rating
Excellent
This property is brand new construction, built in 2025 and estimated for completion in Spring 2026. The provided renderings showcase a modern Cape Cod style with high-end finishes throughout. The kitchen features contemporary light wood cabinetry, a large island with a waterfall edge, and implied high-quality appliances. The primary bathroom is designed as a spa-like retreat with double vanities, modern gold fixtures, backlit mirrors, a spacious walk-in shower, and a freestanding soaking tub. All components, including flooring, light fixtures, and systems (like solar for energy efficiency), are new and meet current quality standards, indicating no deferred maintenance and minimal physical depreciation.
Pros & Cons

Pros

New Construction & Modern Design: Brand-new single-story Cape Cod-style modern residence by AL Homes, offering contemporary aesthetics and the benefits of new construction.
Prime Location & Walkability: Located in an amazing walkable neighborhood, just a short distance to downtown Los Gatos dining, boutiques, and schools.
Top-Rated School District: Served by the highly desirable Los Gatos Union School District, including Louise Van Meter Elementary and Los Gatos High School.
Flexible Living with ADU: Includes an attached 1BD/1BA ADU, providing versatility for extended family, guests, or potential rental income.
High-End Features & Energy Efficiency: Boasts high ceilings (up to 14'4"), dual 12' sliding doors for seamless indoor-outdoor living, bedroom skylights, a spa-style primary bath, and solar for enhanced energy efficiency.

Cons

Under Construction & Delayed Occupancy: The property is currently under construction with an estimated completion in Spring 2026, requiring a significant waiting period for occupancy.
Recent Price Reduction: The list price has been reduced by $300,000 from its original listing, which may suggest initial overpricing or market adjustments.
Low-Maintenance Backyard: While appealing to some, the 'low-maintenance backyard' with an expansive deck might imply less green space or landscaping potential, which could be a drawback for buyers seeking a more traditional or larger yard.

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