20955 Panorama Drive, Los Gatos, California 95033, Los Gatos, 95033 - 4 bed, 3 bath
Loading property details...
Los Gatos, California 95033
Analysis of 20955 Panorama Drive, Los Gatos, California 95033 is currently available with a list price of $1,850,000. 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 well-maintained and move-in ready with significant updates to the main level, including a modern kitchen and updated bathrooms with contemporary vanities and glass showers. While the home was built in 1975, the primary living areas reflect a renovation within the 5-15 year range. The lower level is more rustic and offers potential for further finishing, but the overall condition, including new attic insulation and completed inspections, qualifies it as Good.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 44175, living area = 2394.
The lower level features a private entrance and existing plumbing, offering an excellent opportunity for a separate guest suite, multi-generational living, or a potential income-generating rental unit.
Situated on over an acre with an included additional parcel, the property provides rare utility through multiple secondary structures suitable for an artist's studio, workshop, or home office.
While the upper floor is updated, the lower level is described as 'rustic,' indicating a need for further capital investment to achieve a cohesive, modern aesthetic throughout the home.
The combination of a large hillside lot, multiple aging outbuildings, and a rustic lower level suggests significant ongoing maintenance and potential fire-safe landscaping requirements.
Beautiful sunny property in the Aldercroft Heights neighborhood*Motorized gate for privacy*Awesome canyon views*Conveniently located less than 15 minutes from downtown L.G.*Many possibilities!*Main level has been updated: Modern kitchen with lots of space & breakfast nook, lovely living room, 3 bedrooms/2 full baths*One bedroom could be an office or even a formal dining room with French doors opening to living room with wood burning fireplace & gas starter*Large enclosed sunroom for extra living space*Downstairs is more rustic but charming & could be an entertainment room & en suite bedroom with a large full bathroom, walk-in closet, views, & a sitting area OR a separate unit with private entrance!*Plumbing & plenty of space waiting for your creativity*2 classic wood stoves downstairs, too*Lots of decking and outdoor space to enjoy the peaceful setting*Additional buildings on lower part of the property include a garage/carport and others could be office, shop, or artist's studio*Inspection reports completed*New attic insulation*APN #558-22-018 across the street included, too*Higher ceilings, skylights, ceiling fans & more*Very unique property - your comfortable oasis - lots of space for all of your different interests - Even a chicken coop!*Twighlight/furnished photos are virtual
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 | 2,394 | 2,262 |
| Lot Size | 44,175 | 11,200 |
| Price | $1.85M | $2.86M |
| Price per sq ft | $773 | $1.3K |
| Built year | 1975 | 1964 |
| HOA | $0 | $175 |
| Days on market | 40 | 39 |
Jun 12, 2026
$1,850,000
Initial Listing
Jan 15, 2021
$1,560,000
Public Record
Apr 19, 2017
$1,225,000
Public Record