
Los Gatos, California 95030
This historic estate, La Estancia, represents a High-Potential Investment Opportunity, listed at a List Price of $8,950,000, which aligns with its $8,950,000 Fair Market Value. Designed by Willis Polk, this 1901 Mission Revival residence features a Condition Rating of 4, indicating a need for modernization. The property offers significant Development & Expansion Potential via two parcels and over 1.55 flat acres. This iconic estate is an ideal acquisition for Value-Add Investors or Luxury Owner-Occupants seeking a historic legacy project in Los Gatos.
Property is moderate renovation needed.
This 1901 historic estate is meticulously maintained but functionally dated. The interior images show wallpaper, carpeting, and fixtures that appear to be over 20 years old. While the architectural integrity is excellent, the kitchen, bathrooms, and likely the mechanical systems would require significant modernization to meet current luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 67518, living area = 6193.
Designed by renowned architect Willis Polk, this 1901 Mission Revival estate offers unmatched character and prestige, featuring architectural details synonymous with his work on the iconic Filoli estate.
Situated on over 1.55 flat acres in the prestigious Glenridge neighborhood, the property provides expansive, usable outdoor space and privacy that is exceptionally rare for Los Gatos hillside locations.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =67518, other record lot size in square feet = 11416.
Given the property's 1901 construction, buyers should anticipate the high costs associated with specialized maintenance and the potential need for modernizing century-old infrastructure.
With 139 days on market and a nearly $1 million price reduction, the property has experienced significant market stagnation, which may impact future resale perception.
Welcome to La Estancia, a rare historic estate in Glenridge, one of Los Gatos most sought-after neighborhoods and just moments from exciting downtown Los Gatos. Originally crafted in the late 1800s and refined in 1901 by architect Willis Polk, whose work includes the famed Filoli estate in Woodside, California. This Mission Revival residence blends timeless character with exceptional privacy. Set behind gates on over 1.55 FLAT acres, the property features a grand main home, a guest house, a pool, a cabana, a detached oversized two-car garage, a 1,687 sq ft walkout basement with office and storage, and a tranquil pond with a water feature framed by mature trees. Expansive living spaces highlight rich architectural details, arched openings, and hillside views. Multiple indoor-outdoor areas create an ideal setting for entertaining or a quiet retreat. The offering includes two parcels a 56,102 sq ft (APN 51040159) plus an additional 11,416 sq ft lot with Overlook Road frontage (APN 51040160), providing flexibility for future possibilities, including a potential additional residence. Buyers should verify all options with the Town of Los Gatos. Widely regarded as one of the region's most iconic estates, La Estancia offers history, beauty, and the essence of California estate living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 4.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 6,193 | 2,262 |
| Lot Size | 67,518 | 11,200 |
| Price | $8.95M | $2.86M |
| Price per sq ft | $1.4K | $1.3K |
| Built year | 1901 | 1964 |
| HOA | $0 | $175 |
| Days on market | 99 | 39 |
Jul 11, 2026
$8,950,000
$9,850,000
-9% Price Drop
Initial Listing
Apr 14, 2026
$9,850,000
Initial Listing