186 Lu Ray Drive, Los Gatos, California 95032, Los Gatos, 95032 - 4 bed, 3 bath
Loading property details...
Los Gatos, California 95032
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $3,598,000—positioned well below the $3,820,960 Fair Market Value by 5%. This valuation gap offers $222,960 in Instant Equity. Featuring a 2020 high-end remodel, Wolf and Sub-Zero appliances, and a 2023 pool, the property maintains an Excellent Condition Rating. Located in the prestigious Alta Vista Elementary district with scenic hill views, this residence is the perfect fit for discerning luxury buyers or owner-occupants seeking a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 186 Lu Ray Drive Subject | $3,498,000* List Price | 4 | 3 | 2,564 | $1,403 | - |
A 285 Marchmont Drive Sold | $4,100,000 | 4 | 3 | 2,577 | $1,591 | 0.9 mi |
B 15931 Camino Del Cerro Sold | $3,750,000 | 4 | 3 | 2,846 | $1,318 | 0.1 mi |
C 16508 Oleander Avenue Sold | $4,300,000 | 5 | 3 | 3,102 | $1,386 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive high-end remodel in 2020, placing the kitchen and bathrooms within the <5-year renovation window for an excellent rating. The home features premium finishes including quartzite counters, Wolf and Sub-Zero appliances, and modern floating vanities. Major systems and amenities are updated, including copper piping, central AC, an EV outlet, and a brand-new pool installed in 2023.
The property features a comprehensive 2020 remodel including a chef's kitchen with Wolf and Sub-Zero appliances, quartzite counters, and designer bathrooms, offering a turnkey luxury experience.
A newly installed pool (2023), modern concrete patio, hot tub, and outdoor shower create a sophisticated backyard oasis perfect for high-end entertaining and relaxation.
Situated on a scenic tree-lined street with hill views, the home is served by the prestigious Alta Vista Elementary and provides excellent proximity to downtown Los Gatos and major highways.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
While primarily single-level, the separate upstairs living area and bedroom create a split-level dynamic that may not appeal to buyers seeking a fully integrated or strictly single-story layout.
At a list price of $3.598M for approximately 2,564 square feet, the property commands a significant premium that may limit the pool of qualified buyers in the current market.
Welcome to 186 Lu Ray Dr in Los Gatos, located on a beautiful tree-lined street featuring vistas of the Los Gatos hills. Served by the highly sought-after Alta Vista Elementary School, this beautifully updated home blends convenience, style, and exceptional indoor-outdoor living. The kitchen and baths were fully remodeled in 2020 with great attention to detail. The expansive great room with soaring ceilings flows into the kitchen, the heart of the home. The kitchen features a spacious center island with bar seating and a wine fridge, quartzite counters, a Wolf gas range, and a Sub-Zero refrigerator. The home is primarily single-level, with 3 full baths and 3 beds located on the main level. The updated primary bath offers a floating vanity, large soaking tub, separate stall shower, and tile flooring. There is a separate upstairs living area and bed with built-in shelving and cozy reading nooks that create a flexible retreat, game room, or guest area. The entertainers backyard features a new pool installed in 2023 with a contemporary modern-style concrete patio, above-ground hot tub, outdoor shower, and lawn area. Additional amenities include central AC, dual pane windows, copper piping, and an EV outlet in the garage. Easy access to downtown Los Gatos, Highway 85, and Highway 17
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,564 | 2,286 | 60% |
| Lot Size | 10,137 | 9,930 | 62% |
| Price | $3.50M | $3.26M | 56% |
| Price per sq ft | $1.4K | $1.4K | 40% |
| Built year | 1960 | 1965 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 90 | 2% |
Jun 5, 2026
$3,498,000
$3,598,000
-3% Price Drop
Initial Listing
May 21, 2026
$3,598,000
Initial Listing
Nov 5, 2019
$2,000,000
Public Record
Nov 20, 2003
$1,035,000
Public Record
May 16, 2000
$860,000
Public Record