226 San Mateo Avenue, Los Gatos, California 95030, Los Gatos, 95030 - 4 bed, 4 bath
226 San Mateo Avenue
Los Gatos, California 95030
Property Price
SUMMARY
Analysis of 226 San Mateo Avenue, Los Gatos, California 95030 reveals a Fairly Priced Property with a current list price of $2,849,900 aligned with the estimated $2,899,185 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 226 San Mateo Avenue Subject | $2,849,900* List Price | 4 | 4 | 2,103 | $1,379 | - |
A 696 N Santa Cruz Avenue Sold | $2,050,000 | 4 | 2 | 1,678 | $1,222 | 0.1 mi |
B 248 University Avenue Sold | $2,900,000 | 3 | 3 | 1,940 | $1,495 | 0.6 mi |
C 119 Boyer Lane Sold | $3,500,000 | 3 | 3 | 2,368 | $1,478 | 0.6 mi |
D 216 San Mateo Avenue Pending | $3,200,000 List Price | 3 | 3 | 2,500 | $1,280 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition with significant updates throughout. Although originally built in 1953, the home has been remodeled over the years to include a modern kitchen with granite countertops and stainless steel appliances, updated bathrooms with contemporary tile work, and hardwood flooring. The addition of an approved detached cottage, solar panels, and recessed lighting further demonstrates well-maintained systems and modern functionality, though it does not qualify as 'excellent' due to the staggered nature of the renovations rather than a single, comprehensive rebuild within the last five years.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Walkable Location
Situated in the heart of Los Gatos, the property offers exceptional walkability to downtown dining, boutique shopping, and Vasona Park, providing a highly desirable lifestyle.
- Income-Generating ADU
The approved detached cottage with its own laundry provides significant rental income potential or a flexible space for multi-generational living and guests.
- Top-Tier Education
Located within the prestigious and highly-rated Los Gatos school district, ensuring long-term property value and appeal for families.
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. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2103, other record living area = 1010. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Leased Solar Agreement
The solar system is leased rather than owned, which requires a lease assumption by the buyer and may impact long-term financial flexibility compared to owned systems.
- Vintage Infrastructure
Originally built in 1953, the property may require ongoing maintenance or updates to older underlying systems despite various cosmetic remodels over the years.
About 226 San Mateo Avenue
AMAZING! The heart of Los Gatos. Just steps from downtown dining, boutique shopping, & cafés, & minutes from Vasona Park, this home offers a walkable lifestyle within the highly rated Los Gatos school district. The home features great curb appeal w/ beautiful landscaping & a wide pavered driveway. The property offers approximately 2,103 square feet of usable living space. The main residence spans approximately 1,562 square feet 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 garden patio, & sun tunnels brighten the hallway w/ natural light. Leased solar adds energy efficiency & long term value. The approved detached cottage includes 1 bedroom, 1 full bathroom, & 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 offers ample storage, & the backyard feels expansive & private for a downtown location, complete w/ a 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 56% |
| Square foot | 2,103 | 2,571 | 22% |
| Lot Size | 6,193 | 22,490 | 15% |
| Price | $2.85M | $3.90M | 22% |
| Price per sq ft | $1.4K | $1.4K | 37% |
| Built year | 1953 | 1967 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 176 | 4% |
Pricing History
Listed for Sale
Mar 4, 2026
$2,849,900
Initial Listing
Sold
Jan 2, 1997
$400,000
Public Record