
Los Gatos, California 95032
Analysis of 170 Twin Oaks Drive, Los Gatos, California 95032 is currently available with a list price of $16,000,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The listing explicitly states 'VALUE IS IN THE LAND' and describes the property as a development or subdivision opportunity. Built in 1973 with no mentioned renovations and a total lack of interior photos, the 51-year-old structure is treated as having no contributory value, meeting the criteria for a tear-down.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 794970, living area = 4600.
Spanning over 18 acres in the prestigious Surrey Farms neighborhood, this rare parcel offers significant subdivision potential or the opportunity to build a world-class grand estate.
The property features a unique combination of level acreage and gently rolling hills with majestic oak trees, providing sweeping, unobstructed views of the valley and mountains.
The listing explicitly states the value is in the land, implying the existing 1973 residence may be a tear-down or require substantial capital investment to modernize.
With over 1,000 days on the market and a significant price reduction from the original list, the property may carry a stigma or face complex entitlement hurdles for developers.
EXCELLENT OPPORTUNITY! PRIME LOCATION! VALUE IS IN THE LAND Perfect Estate property or Subdivision. One of the last large and close-in properties in Los Gatos. Located in the prestigious neighborhood of Surrey Farms, this was the original developer's home and land. The property offers sweeping valley and mountain views with gently rolling hills studded with majestic oak trees but still offers an abundance of level acreage. This special property offers an endless array of possibilities... Grand Estate, Development Opportunity, Vineyard, Equestrian...
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 90% |
| Baths | 5.0 | 3.0 | 93% |
| Square foot | 4,600 | 2,212 | 93% |
| Lot Size | 794,970 | 9,471 | 98% |
| Price | $16.00M | $2.92M | 98% |
| Price per sq ft | $3.5K | $1.4K | 98% |
| Built year | 1973 | 1968 | 61% |
| HOA | $0 | $0 | 50% |
| Days on market | 992 | 141 | 0% |
Aug 26, 2025
$16,000,000
Initial Listing
Aug 4, 2023
$18,500,000
Initial Listing