18115 La Verne Drive, Los Gatos, California 95033, Los Gatos, 95033 - 2 bed, 3 bath
Loading property details...
Los Gatos, California 95033
This Turnkey Woodland Retreat is a High-Potential Investment Opportunity listed at $1,099,000—positioned well below the $1,154,155 Fair Market Value by 4%. This valuation gap offers $55,155 in Instant Equity. Boasting a Mint Condition Rating, the home features a gourmet quartz kitchen, vaulted ceilings, and spectacular mountain and redwood views. Located in the premier Los Gatos-Saratoga School District near top-rated Los Gatos High, it offers immense rental upside. This is an ideal acquisition for Owner-Occupants seeking a sanctuary or Buy-and-Hold Investors targeting high-yield short-term rentals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18115 La Verne Drive Subject | $1,049,000* List Price | 2 | 3 | 1,371 | $785 | - |
A 20851 Assiniboine Trail Active | $999,000 List Price | 3 | 2 | 1,228 | $814 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1936 build date, the property has undergone a comprehensive recent renovation within the last 5 years. It features a modern gourmet kitchen with quartz countertops and stainless steel appliances, fully updated bathrooms with contemporary tiling and fixtures, and upgraded systems including a new HVAC with a Nest thermostat. The interior is in mint, move-in ready condition with new paint and hardwood floors throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8319, living area = 1371.
Middle School: C. T. English Middle School (9/10). High School: Los Gatos High School (10/10).
The property is situated within the highly-coveted Los Gatos-Saratoga school district, including the top-rated Los Gatos High School, which ensures strong long-term property value and appeal to families.
The property utilizes a septic system rather than public sewer, which requires periodic maintenance and may present constraints for future structural expansions or increased occupancy.
With only two formal bedrooms, the layout may be restrictive for larger families or buyers specifically seeking a traditional three-plus bedroom configuration at this price point.
Nestled inside the Los Gatos redwoods, this beautiful ranch home of 1371sqft, features 2 bedrooms, 2.5 bathrooms, and 2 bonus rooms. The gourmet kitchen features clean, cool tones, quartz countertops, an electric Maytag range/oven and whirlpool refrigerator. The kitchen opens up to a cozy dining and warm living area. The inviting living area is accented with vaulted ceilings, and plentiful natural light streams in from the skylights and large windows. The electric fireplace anchors the room. There are two bedrooms (one is a suite) off the ground floor, and a half bathroom with laundry area. The lower floor features an open office/bonus space, a room with a large window, and the large semi-finished storage area. Hardwood floors throughout. Current upgrades include: a HVAC system with Nest thermostat, new paint, window shades and screens, and a new fence. Public water and PG&E services. Septic. The home is immaculate, and an excellent investment property with strong income potential for both long and short term (Airbnb) rentals. Excellent school district - Los Gatos Saratoga. Fifteen minute commute to downtown Los Gatos or downtown Santa Cruz. Enjoy the fresh air, immense redwood trees, and spectacular views in this peaceful woodland retreat.
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades K-5 • 3.6 mi
Grades 6-8 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 19% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,371 | 2,213 | 22% |
| Lot Size | 8,319 | 99,926.5 | 8% |
| Price | $1.05M | $1.45M | 22% |
| Price per sq ft | $765 | $655 | 75% |
| Built year | 1936 | 1978 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 138 | 8% |
Jun 3, 2026
$1,049,000
$1,099,000
-5% Price Drop
Initial Listing
Apr 27, 2026
$1,099,000
Initial Listing
May 13, 2024
$975,000
Public Record
Jun 15, 2023
$581,500
Public Record