17415 Locust Drive, Los Gatos, California 95033, Los Gatos, 95033 - 2 bed, 2 bath
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Los Gatos, California 95033
This Turnkey Mountain Sanctuary is a Strong Value Opportunity, listed at $900,000—positioned well below the $929,166 Fair Market Value by 3%. This valuation gap offers $29,166 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes recent cosmetic updates, vaulted ceilings, and breathtaking mountain views. Located in the desirable Aldercroft Heights with access to top-rated Los Gatos schools, this property is an ideal choice for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Property is move-in ready.
Built in 1994 (30 years old) but features recent cosmetic renovations including new wide-plank flooring, fresh exterior paint, and updated bathroom vanities and fixtures. The home is well-maintained, functional, and move-in ready, though some original elements like the bathroom shower surrounds remain from the 90s.
Situated in the desirable Aldercroft Heights, the property offers access to highly-rated Los Gatos schools and is just 10 minutes from downtown and Lexington Reservoir.
The home features soaring vaulted ceilings, arched picture windows, and French doors that flood the interior with natural light while showcasing stunning mountain views.
Built with the durable Pacific SmartWall System, the residence includes recent improvements such as new wide-plank flooring, fresh exterior paint, and updated bathroom fixtures.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1164, other record living area = 925. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
With only 1,164 square feet and a two-bedroom layout, the interior space may be restrictive for larger families or those requiring additional flex space.
The 4,440 square foot lot is relatively small for a mountain property, offering limited yard space for extensive gardening or outdoor development.
Amazing views above Lexington Reservoir from this updated Aldercroft Heights Home! Discover this custom-built gem by Pacific Modern Homes (approx 1992), designed for durability and comfort. The interior is bathed in natural light from stunning arched picture windows and french doors, centered around a dramatic living room with soaring vaulted ceilings that create an airy, open sanctuary. The home offers a highly functional layout, with 1 one bedroom & bath upstairs, and another bedroom & bath downstairs, including a spacious basement with a dedicated laundry area. Recent updates include new exterior paint, new wideplank flooring, updated bathroom vanities and fixtures. Featuring the renowned "Pacific SmartWall System," this residence is built with robust construction offering peace of mind in a beautiful, natural setting. Two levels of lovely covered decks are perfect for enjoying morning coffee or serving as a peaceful space. Outdoor living is a dream with breathtaking mountain views with a peek at the reservoir and small yard for gardening and play. Friendly Aldercroft Heights community & proximity to Lexington Reservoir for kayaking, fishing and hiking. Great Commute; 10 minutes to town and best Los Gatos Schools: Lexington Elementary, Fisher Middle and Los Gatos High!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,164 | 2,262 |
| Lot Size | 4,440 | 11,200 |
| Price | $900.0K | $2.86M |
| Price per sq ft | $773 | $1.3K |
| Built year | 1994 | 1964 |
| HOA | $0 | $175 |
| Days on market | 6 | 39 |
Jul 16, 2026
$900,000
Initial Listing