20471 Black Road, Los Gatos, California 95033, Los Gatos, 95033 - 4 bed, 3 bath
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Los Gatos, California 95033
Analysis of 20471 Black Road, Los Gatos, California 95033 is currently available with a list price of $3,200,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
The property is move-in ready and appears well-maintained. Although built in 1962, the interior has been updated with modern recessed lighting, fresh neutral paint, and clean carpeting. The kitchen features stainless steel appliances and functional cabinetry. While some architectural elements like the large brick fireplace and exterior siding reflect its original era, the overall condition shows significant upkeep and partial renovations that meet current living standards without requiring immediate repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 1437480, living area = 2573.
The property includes two separate homes with individual addresses on a massive 32-acre lot, offering unique opportunities for multi-generational living, rental income, or future ADU development.
Spanning over 32 acres with a creek, wide trails for dirt biking or hiking, and a large fruit orchard, this estate serves as a premier private recreational retreat.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1437480, other record lot size in square feet = 457082. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2573, other record living area = 2445. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The process to legally separate the two homes into independent parcels is currently in progress, which may present timing uncertainties or administrative hurdles for the buyer.
Built in 1962, the homes may require significant modernization or capital improvements to meet contemporary luxury standards and energy efficiency expectations.
Two homes, two separate addresses (20471 Black Rd and 20469 Black Rd), over 32 acres of beautiful land dropping down to a creek. Wide trail to creek and current owners take their dirt bikes on rides through the lower property. Incredible views, very peaceful. The main house has the primary suite on one side with a nearby second bedroom that can be used as an office. Two other bedrooms are on the opposite side of the home for privacy. One bedroom is an ensuite, the other has a bathroom just outside its door. Large laundry room. Kitchen, dining room and living room have incredible views of the nearby hills. Large orchard and multiple fruit trees including apple and Meyers lemons. Current owner is working to separate the two homes into two properties. both homes have their own addresses. Once separated, you could add an ADU to each home for rental income. If you enjoy hiking or offroad trail riding on private land, this property is for you. The second home has its own garage with an upper level storage area, 3 bedrooms, 1.5 baths, and a deck overlooking the hills and meadow. Zillow estimate is for only one home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 62% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,573 | 2,213 | 59% |
| Lot Size | 1,437,480 | 116,283.5 | 97% |
| Price | $3.20M | $1.42M | 91% |
| Price per sq ft | $1.2K | $655 | 94% |
| Built year | 1962 | 1979 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 203 | 3% |
Mar 31, 2026
$3,200,000
Initial Listing
Nov 19, 1993
$75,000
Public Record