
Los Gatos, California 95033
This Redwood Estates Cottage represents a Strong Value Opportunity, listed at $860,000—positioned slightly above the $838,593 Fair Market Value. While the property requires cosmetic updates to improve its Condition Rating of 4, it offers significant lifestyle appeal with mountain views, a private hot tub, and access to top-rated Los Gatos schools like Los Gatos High. The unique layout and community amenities provide a serene retreat for Owner-Occupants or first-time buyers seeking a well-located home with long-term appreciation potential in a premier school district.
Property is moderate renovation needed.
Built in 1990, this 34-year-old property is well-maintained but dated. The kitchen features older tile countertops and appliances, and the interior shows dated elements such as blue carpeting. While functional and move-in ready with updated paint and central heat, it lacks the comprehensive modern renovations to kitchens and baths required for a 'Good' rating.
Middle School: C. T. English Middle School (9/10). High School: Los Gatos High School (10/10).
The property is served by the highly-regarded Los Gatos school system, including top-rated Los Gatos High School, which is a major draw for families and supports long-term property value.
Situated in the sought-after Redwood Estates, residents enjoy a unique lifestyle with access to a community pool, playgrounds, and local services, all while being just minutes from downtown Los Gatos.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1150, other record living area = 770. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The reliance on a spiral staircase to access the lower level and the adjoining room configuration may pose privacy and accessibility challenges for families or buyers with mobility concerns.
With 67 days on the market and a recent price reduction, the property is experiencing slower-than-average absorption, suggesting the unique cottage configuration may be niche for the current price point.
Charming and Sought After Redwood Estates Cottage! This 2-bedroom, 2-bath home offers approximately 1150 sq ft of living space on a 5,850 sq ft lot. Enter to high ceilings, sunny space with skylights, windows, patio sliders and french doors throughout providing ambient light. Wide plank wooden flooring in living room combine with kitchen. The kitchen is equipped with tile countertops, a gas cooktop and oven range, dishwasher, refrigerator, and exhaust fan and eat-in bar. Spacious deck off of kitchen for relaxing under the lovely mountain views. Primary bedroom with carpeting and ceiling fan and a full bathroom with a shower over tub are on the upper floor. Spiral staircase leads to lower level with 2 adjoining rooms for den plus bedroom combo and full bathroom along with large basement storage space. Step outside where your hot tub awaits amongst the garden space. Laundry is conveniently situated in the utility room with 220V electricity hookup and washer/dryer included. Central heat and wired for generator. Friendly community with pool, playgrounds, community center, new fire station, Pizza restaurant, post office and general store in a great commute location 7 minutes to town. Great Los Gatos Schools: Lexington Elem, Fisher Middle, Los Gatos High
No exterior & parking available.
Grades K-5 • 1.9 mi
Grades K-5 • 3.1 mi
Grades 6-8 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.8 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,150 | 2,311.559 |
| Lot Size | 5,850 | 29,516.661 |
| Price | $860.0K | $2.79M |
| Price per sq ft | $748 | $1.2K |
| Built year | 1990 | 1971 |
| HOA | $130.0 | $217 |
| Days on market | 71 | 42 |
Aug 1, 2026
$860,000
$900,000
-4% Price Drop
Initial Listing
Jun 30, 2026
$900,000
Initial Listing
Jun 21, 2018
$226,500
Public Record
Jun 25, 2015
$595,000
Public Record
Mar 11, 2005
$475,000
Public Record