21578 Alma Court, Los Gatos, California 95033, Los Gatos, 95033 - 3 bed, 3 bath
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Los Gatos, California 95033
Analysis of 21578 Alma Court, Los Gatos, California 95033 is currently available with a list price of $499,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The MLS description explicitly states, 'Build your dream home' and 'Expand existing structure or build a brand new home. Sale includes full architectural plans and reports to build a 2600 s/f single family home.' The provided images include a rendering of a *proposed* new home, not the current structure, and an aerial view showing what appears to be a cleared lot with remnants of a very small or dilapidated building. This indicates the property's value is primarily in the land and its potential for redevelopment, consistent with a 'tear-down' classification, regardless of the listed 'year built' which likely refers to a previous or minimal structure.
The sale includes full architectural plans and reports to build a 2600 sqft single-family home, significantly streamlining the custom build process for the buyer.
Public water, electric, and septic systems are already established on the property, reducing initial development costs and timelines for construction.
Located at the end of a cul-de-sac, the property offers ultimate privacy with beautiful mountain views and redwood trees, creating a serene environment.
This property is a land sale for a custom build, not a move-in ready home, demanding substantial financial and time commitment from the buyer for new construction.
The property has been on the market since October 2022, which may indicate challenges in attracting buyers or suggest a need for price re-evaluation.
While private, the mountain location may entail potentially longer, winding commutes and could present unique considerations regarding accessibility, weather, and natural hazard risks.
Build your dream home on over half an acre of prime land in the Los Gatos Mountains on a location that provides ultimate privacy at the end of a cul-de-sac with mountain views and beautiful redwood trees. Expand existing structure or build a brand new home. Sale includes full architectural plans and reports to build a 2600 s/f single family home or aide you in strategizing and executing your own plans. With public water, electric and septic already in place, this is the perfect place for someone looking to build their dream home. Just 15 minutes from downtown Los Gatos, with top-rated Los Gatos schools, this lower Redwood Estates property will allow you to retreat to the mountains but stay within touching distance of all things Silicon Valley. The Redwood Estates Community includes parks & playgrounds, community pool, post office, market and Nonno's Restaurant.
No exterior & parking available.
Grades K-5 • 1.9 mi
Grades K-5 • 3.2 mi
Grades 6-8 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,600 | 2,213 | 59% |
| Lot Size | 19,638 | 111,274 | 9% |
| Price | $499.0K | $1.38M | 9% |
| Price per sq ft | $192 | $632 | 3% |
| Built year | 1985 | 1979 | 62% |
| HOA | $32.0 | $0 | 85% |
| Days on market | 1272 | 210 | 0% |
Oct 28, 2022
$499,000
Initial Listing