226 San Mateo Avenue, Los Gatos, California 95030, Los Gatos, 95030 - 4 bed, 4 bath
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226 San Mateo Avenue
Los Gatos, California 95030
ACTIVE
CONDITION: GOOD
4Beds
4Baths
2,103Sq Ft
6,193Lot Size
Property Price
LIST PRICE$2,499,888
EST. MARKET VALUE
$2,323,011
7% AboveMARKET VALUE
SUMMARY
This Turnkey Residential Property is a Strong Value Opportunity, listed at $2,499,888—positioned above the $2,323,012 Fair Market Value. While priced at a premium, the home offers a Condition Rating of 3 with significant modern upgrades, including a Remodeled Kitchen and Leased Solar. The Income-Generating ADU provides exceptional flexibility for multi-generational living or rental revenue. Located in a Prime Walkable Location near downtown Los Gatos, this home is an ideal fit for Owner-Occupants seeking a lifestyle-focused residence or Investors targeting high-demand rental markets.
Estimated Market Value
$2,323,011
Based on Realkey algorithm analyzing recent comparable sales in Los Gatos.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 226 San Mateo Avenue Subject | $2,499,888* List Price | 4 | 4 | 2,103 | $1,105 | - |
A 256 Los Gatos Boulevard Sold | $2,360,000 | 5 | 6 | 2,511 | $940 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Originally built in 1953, the property has been significantly remodeled with modern features including granite countertops, recessed lighting, and double-pane windows. The systems are updated with leased solar and an EV charger, and the interior finishes (hardwood and LVP flooring) indicate a well-maintained, move-in ready condition consistent with a 5-15 year renovation cycle.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Walkable Location
Situated steps from downtown Los Gatos dining and Vasona Park, the property offers an elite walkable lifestyle within a top-tier school district.
- Income-Generating ADU
The approved detached cottage with its own laundry provides excellent flexibility for rental income, guests, or multi-generational living.
- Modern Amenities & Efficiency
Features like the EV charger, remodeled kitchen, and solar panels enhance the home's functionality and long-term energy value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6193, other record lot size in square feet = 6100.
- Leased Solar Commitment
The solar panels are leased rather than owned, which requires the buyer to assume a contract and may complicate the financing or closing process.
- High Density on Small Lot
With two separate dwellings on a 6,193 sqft lot, the outdoor space may feel constrained for buyers seeking a traditional large backyard at this price point.
About 226 San Mateo Avenue
Steps from downtown Los Gatos dining, boutique shopping, cafes, minutes from Vasona Park, this home offers a walkable lifestyle within the highly rated LG school district. The home features great curb appeal w/ beautiful landscaping, a wide pavered driveway, & hill views. The property offers approximately 2,103 SqFt of usable living space. The main residence spans approximately 1,562 SqFt w/ 3 bedrooms & 3 bathrooms, remodeled over the years. The living room is warm & inviting w/ an electric fireplace, recessed lighting, & double pane windows. The kitchen & dining area form the heart of the home w/ granite countertops, recessed lighting, & smart storage including two Lazy Susans. The primary suite opens to a private patio, & sun tunnels brighten the hallway w/ natural light. Leased solar adds energy efficiency & long term value. The approved detached cottage includes 1 BD, 1 full bath, & private laundry, generating strong rental income & creating a flexible 4 bedroom, 4 bathroom layout ideal for guests, multi generational living, or income potential. The garage has ample storage & EV charger. Backyard feels expansive & private for a downtown location, complete w/ built in covered seating area for outdoor entertaining.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 6,193 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.8 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,103 | 2,311.559 |
| Lot Size | 6,193 | 29,516.661 |
| Price | $2.50M | $2.79M |
| Price per sq ft | $1.2K | $1.2K |
| Built year | 1953 | 1971 |
| HOA | $0 | $217 |
| Days on market | 36 | 42 |
Pricing History
Listed for Sale
Aug 4, 2026
$2,499,888
Initial Listing
Sold
Jan 2, 1997
$400,000
Public Record