20476 Santa Cruz Highway, Los Gatos, California 95033, Los Gatos, 95033 - 4 bed, 3 bath
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Los Gatos, California 95033
This Turnkey Mountain Sanctuary is a Strong Value Opportunity, listed at $1,195,000—positioned well below the $1,241,761 Fair Market Value by 3%. This valuation gap offers $46,761 in Instant Equity. Featuring a Condition Rating of 3, the home includes modern upgrades like owned solar, Tesla Powerwall, and EV charging. Situated in the 10/10 rated Los Gatos High School district, this property offers rare development potential on its 3-acre parcel. It is an ideal acquisition for Owner-Occupants or Investors seeking long-term land value.
Property is move-in ready.
Although built in 1952, the property is well-maintained and move-in ready. It features significant modern system upgrades including an owned solar system, Tesla Powerwall, and EV charging. The interior has been recently refreshed with new carpet and paint, and the kitchen/baths appear to have been updated within the last 10-15 years, making it functional and turnkey.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 117261, living area = 1855.
The property includes nearly 3 acres across two legal parcels with HS-SR zoning, offering significant value-add potential through the development of the second buildable lot.
Situated within the prestigious Los Gatos school triangle, including the 10/10 rated Los Gatos High School, making it highly desirable for families seeking top-tier education.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Located directly on Highway 17, the property is subject to significant traffic noise and potential congestion, which may detract from the quiet mountain atmosphere.
The property utilizes a septic system and mutual water rather than municipal services, requiring ongoing maintenance and adherence to specific rural infrastructure limitations.
Nearly 3 acres across two buildable legal parcels, HS-SR zoned, positioned on Highway 17 at the intersection of Silicon Valley work, Los Gatos schools, and Santa Cruz Mountain living. This 4BD/3BA, 1,855 sq ft home is genuinely turnkey: freshly painted interior and exterior, new carpet throughout, owned solar system, Tesla Powerwall battery backup, EV charging, and a detached workshop. Mutual water, septic. Sits in the Lexington Elementary, Raymond J. Fisher Middle, Los Gatos High (rated 10/10) school triangle. 15 minutes to downtown Los Gatos and top-rated schools. 20 minutes to Silicon Valley employment centers. Steps to world-class hiking and biking trails. Weekend accessible to Santa Cruz and Monterey Peninsula. Second parcel buildable, subject to county approval and buyer verification genuine flexibility without obligation. Built for buyers seeking land, schools, infrastructure investment, and access without compromise.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,855 | 2,262 |
| Lot Size | 117,261 | 11,200 |
| Price | $1.20M | $2.86M |
| Price per sq ft | $644 | $1.3K |
| Built year | 1952 | 1964 |
| HOA | $0 | $175 |
| Days on market | 21 | 39 |
Jul 1, 2026
$1,195,000
Initial Listing
Mar 25, 1994
$237,000
Public Record