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21565 Old Mine Road, Los Gatos, California 95033, Los Gatos, 95033 - 4 bed, 2 bath

21565 Old Mine Road, Los Gatos, California 95033 home-pic-0
ACTIVE$1,198,000$2,195/sqft
Est. Value: $1,272,557
6%
BelowEstimate
21565 Old Mine Road, Los Gatos, California 95033
4Beds
2Baths
2,195Sqft
15,488Lot

Price Vs. Estimate

The estimated value ($1,272,556.635) is $74,556.635 (6%) higher than the list price ($1,198,000). This property may be underpriced.

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 = 15488, living area = 2195.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2195, other record living area = 1486. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.

Compared to the nearby listings

Price:$1.20M vs avg $1.22M ($-26,000)50%
Size:2,195 sqft vs avg 2,097 sqft53%
Price/sqft:$546 vs avg $63918%

More Insights

Built in 1928 (98 years old).
Condition: Built in 1928, this property has undergone extensive and high-quality updates, particularly in the kitchen and bathrooms. The kitchen features premium Bertazzoni appliances, custom maple cabinetry, granite countertops, and stone flooring, all appearing to be in excellent, modern condition. The bathrooms are also updated, with one showcasing a contemporary glass-enclosed shower and a stylish copper vessel sink. Hardwood and stone flooring are well-maintained throughout. While the original structure is old, the significant renovations make it move-in ready with no immediate updates required, aligning with the 'Good' category's criteria for properties extensively renovated within the last 5-15 years.
Year Built
1928
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$546
HOA
-
Days on market
-
Sold On
-
MLS number
ML82030704
Home ConditionGood
Features
Good View: Mountain(s)
Deck
ViewMountain(s)

About this home

Set in the desirable Aldercroft Heights neighborhood, this updated mountain home offers long-range views, privacy, and a quiet setting just minutes from downtown Los Gatos. The light-filled interior features vaulted, beamed ceilings, skylights, hardwood and stone flooring, and custom woodwork throughout. The great room is anchored by a wood-burning fireplace with a natural stone surround and flows into the updated kitchen with granite countertops, tile backsplash, custom maple cabinetry, and premium appliances including a Bertazzoni six-burner professional range. The lower levels include generously sized bedrooms, updated baths, a laundry room, and access to expansive decks that connect the home to its natural surroundings. A detached treehouse provides an additional outdoor space to enjoy the setting. The property consists of two separate parcels, creating a functional layout that includes a dedicated covered carport and added separation from the main residence. Located within the Los Gatos school district and served by top-rated schools, the home also benefits from Comcast high-speed internet availability. An ideal opportunity for buyers seeking privacy, natural surroundings, and a distinctive mountain setting close to downtown Los Gatos.

M
Matthew Tenczar
Listing Agent

Nearby schools

6/10
Lexington Elementary School
Public,•K-5•2.0mi
8/10
Loma Prieta Elementary School
Public,•K-5•2.9mi
9/10
C. T. English Middle School
Public,•6-8•2.9mi
8/10
Raymond J. Fisher Middle School
Public,•6-8•5.2mi
10/10
Los Gatos High School
Public,•9-12•4.3mi

Price History

Date
Event
Price
12/29/20
Sold
$1,197,500
08/06/13
Sold
$595,000
12/21/12
Sold
$555,000
03/16/07
Sold
$510,000
Condition Rating
Good
Built in 1928, this property has undergone extensive and high-quality updates, particularly in the kitchen and bathrooms. The kitchen features premium Bertazzoni appliances, custom maple cabinetry, granite countertops, and stone flooring, all appearing to be in excellent, modern condition. The bathrooms are also updated, with one showcasing a contemporary glass-enclosed shower and a stylish copper vessel sink. Hardwood and stone flooring are well-maintained throughout. While the original structure is old, the significant renovations make it move-in ready with no immediate updates required, aligning with the 'Good' category's criteria for properties extensively renovated within the last 5-15 years.
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 = 15488, living area = 2195.
Great Schools: Middle School: C. T. English Middle School (9/10). High School: Los Gatos High School (10/10).
Prime Location & Views: Situated in the desirable Aldercroft Heights neighborhood, offering long-range mountain views, privacy, and a quiet setting just minutes from downtown Los Gatos.
Updated Interior with Premium Finishes: The home boasts a light-filled interior with vaulted, beamed ceilings, skylights, hardwood and stone flooring, custom woodwork, and an updated kitchen featuring granite countertops, custom maple cabinetry, and a Bertazzoni professional range.
Unique Outdoor Living & Multi-Parcel Lot: Expansive decks connect the home to its natural surroundings, complemented by a detached treehouse and two separate parcels providing a functional layout, added privacy, and a dedicated covered carport.
Excellent School District & Connectivity: Located within the highly-rated Los Gatos school district, served by top-rated schools, and benefits from Comcast high-speed internet availability.
Architectural Character: Built in 1928, the property retains a distinctive mountain home aesthetic with character and charm, enhanced by thoughtful updates.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2195, other record living area = 1486. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Age of Original Construction: While updated, the home's original construction date of 1928 suggests potential for underlying older infrastructure or maintenance considerations not immediately apparent.
Mountain Road Access & Specifics: As a 'mountain home' in Aldercroft Heights, access may involve winding roads, and buyers should consider potential challenges related to mountain living such as fire risk, road maintenance, or longer commute times to certain amenities.
Absence of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant drawback for some buyers during warmer months in California.
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