21578 Alma Court, Los Gatos, California 95033, Los Gatos, 95033 - 3 bed, 3 bath
ACTIVE$499,000
21578 Alma Court, Los Gatos, California 95033
3Beds
3Baths
2,600Sqft
19,638Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Development-Ready Opportunity: 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.
Top Cons:
Requires Significant Construction Investment: 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.
Compared to the nearby listings
Price:$499.0K vs avg $1.20M ($-702,250)5%
Size:2,600 sqft vs avg 2,061 sqft68%
Price/sqft:$192 vs avg $6603%
More Insights
Built in 1985 (40 years old).
Condition: 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.
Year Built
1985
Close
-
List price
$499K
Original List price
$499K
Price/Sqft
$192
HOA
$32
Days on market
-
Sold On
-
MLS number
ML81911684
Home ConditionTear down
Features
Good View: Mountain(s), Trees/Woods
ViewMountain(s), Trees/Woods
About this home
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.
Nearby schools
6/10
Lexington Elementary School
Public,•K-5•1.9mi
8/10
Loma Prieta Elementary School
Public,•K-5•3.2mi
9/10
C. T. English Middle School
Public,•6-8•3.2mi
8/10
Raymond J. Fisher Middle School
Public,•6-8•5.6mi
10/10
Los Gatos High School
Public,•9-12•4.7mi
Condition Rating
Tear down
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.
Pros & Cons
Pros
Development-Ready Opportunity: 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.
Utilities in Place: Public water, electric, and septic systems are already established on the property, reducing initial development costs and timelines for construction.
Exceptional Privacy & Scenic Views: 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.
Desirable Los Gatos Location: Situated just 15 minutes from downtown Los Gatos, the property provides a mountain retreat lifestyle with convenient access to Silicon Valley and top-rated Los Gatos schools.
Community Amenities: As part of the Redwood Estates Community, residents have access to parks, playgrounds, a community pool, post office, market, and a local restaurant.
Cons
Requires Significant Construction Investment: 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.
Extended Market Duration: 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.
Mountain Living Specifics: While private, the mountain location may entail potentially longer, winding commutes and could present unique considerations regarding accessibility, weather, and natural hazard risks.