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20600 Aldercroft, Los Gatos, California 95033, Los Gatos, 95033 - 37 bed, 22 bath

20600 Aldercroft, Los Gatos, California 95033 home-pic-0
ACTIVE$29,200,000
20600 Aldercroft, Los Gatos, California 95033
37Beds
22Baths
24,062Sqft
4,878,720Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 4878720, living area = 24062.
Top Cons:
Niche Market & High Investment: The property's substantial size, specialized nature (former naturist resort), and significant price tag (nearly $30M) target a very specific and limited buyer pool.

Compared to the nearby listings

Price:$29.20M vs avg $1.25M (+$27,955,000)98%
Size:24,062 sqft vs avg 2,061 sqft98%
Price/sqft:$1.2K vs avg $66995%

More Insights

Built in 1996 (29 years old).
Condition: The property was built in 1996, making it 28 years old. While the extensive resort facilities appear to be maintained and functional, the visible interior elements, specifically the kitchen (Image 10), are clearly outdated. The kitchen features white appliances, raised-panel white cabinets, and a tiled backsplash, all consistent with styles from the 90s or early 2000s. There is no indication of a recent extensive renovation to update these areas to modern standards. The property is aged but maintained, with major components functional but showing signs of being outdated, aligning with a 'Fair' condition.
Year Built
1996
Close
-
List price
$29.2M
Original List price
$29.8M
Price/Sqft
$1,214
HOA
-
Days on market
-
Sold On
-
MLS number
ML81991452
Home ConditionFair
Features
Good View: Hills, Mountain(s), Orchard, Valley
Deck
Pool
Spa
Patio
ViewHills, Mountain(s), Orchard, Valley

About this home

Lupin Lodge-beloved naturist resort w/historic roots nestled in Santa Cruz mountains 112ac of natural beauty/serenity w/historic roots-now on the market! Located by Lexington Reservoir only 1.4 miles off hwy 17, minutes2 dwntwn Los Gatos/Silicon Valley. Situated among majestic Redwoods/ancient Oaks w/State licensed water system Hendry's creek/spring/2 wells/85K water tank, restaurant/office/19cabins/16yurts/campsites/RV&trailer sites/orchard/outdoor stages/2 fire hydrants/maintenance shop/pool with viewing deck/spa/tennis/pickleball/volleball courts/miles of hiking trails/242 space parking & extensive User Use Permit 4 addition of 8cabins & 18room lodge/conference center/gym or multi-purpose building/3bathroom facilities/pool/2spas w/2 camping kitchns & more! Future Possibilities: Conference center, retreat, vineyard w/winery & lodge, satellite college/Tech campus, wellness center, horse/equestrian center, glamping-eco adventure resort, weddings/events or family compound/estate... one-of-kind property!

Condition Rating
Fair
The property was built in 1996, making it 28 years old. While the extensive resort facilities appear to be maintained and functional, the visible interior elements, specifically the kitchen (Image 10), are clearly outdated. The kitchen features white appliances, raised-panel white cabinets, and a tiled backsplash, all consistent with styles from the 90s or early 2000s. There is no indication of a recent extensive renovation to update these areas to modern standards. The property is aged but maintained, with major components functional but showing signs of being outdated, aligning with a 'Fair' condition.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 4878720, living area = 24062.
Expansive Land & Natural Setting: Boasting 112 acres of pristine Santa Cruz mountain landscape, featuring majestic Redwoods and Oaks, offering unparalleled natural beauty and seclusion.
Significant Development Potential: Includes an extensive User Use Permit for substantial expansion, allowing for diverse future uses such as a conference center, retreat, vineyard, or educational campus.
Comprehensive Existing Infrastructure: Equipped with a wide array of facilities including 19 cabins, 16 yurts, a restaurant, pool, spa, sports courts, and a state-licensed water system, ready for immediate operation or repurposing.
Strategic & Accessible Location: Conveniently located near Lexington Reservoir, just 1.4 miles from Highway 17, providing easy access to downtown Los Gatos and Silicon Valley while maintaining a serene environment.
Unique & Versatile Property: A truly one-of-a-kind property with historic roots, offering immense versatility for various ventures from a luxury resort to a private estate or specialized institution.

Cons

Niche Market & High Investment: The property's substantial size, specialized nature (former naturist resort), and significant price tag (nearly $30M) target a very specific and limited buyer pool.
Zoning/Classification Ambiguity: Listed as 'Residential' (Single Family Residence) despite its clear commercial/resort characteristics, which may present zoning, financing, or operational challenges requiring careful due diligence.
Extensive Operational Demands: The vast acreage and numerous existing facilities imply considerable ongoing maintenance, staffing, and operational costs, requiring a robust management plan.

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