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22721 Oak Flat Road, Los Gatos, California 95033, Los Gatos, 95033 - 4 bed, 3 bath

22721 Oak Flat Road, Los Gatos, California 95033 home-pic-0
ACTIVE$1,295,000
22721 Oak Flat Road, Los Gatos, California 95033
4Beds
3Baths
2,251Sqft
146,144Lot

Price Vs. Estimate

The estimated value ($1,295,000) is $0 (0%) lower than the list price ($1,295,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 146144, living area = 2251.
Top Cons:
Mountain Location & Accessibility: Positioned as a 'mountain retreat,' this location may entail longer travel times to essential services, urban amenities, and potentially challenging road conditions during adverse weather.

Compared to the nearby listings

Price:$1.29M vs avg $1.25M (+$50,000)53%
Size:2,251 sqft vs avg 2,061 sqft60%
Price/sqft:$575 vs avg $66025%

More Insights

Built in 1976 (49 years old).
Condition: Built in 1976, this property features a dated kitchen with oak cabinets, tiled countertops, and older black appliances, indicating it has not been extensively renovated recently. While the home boasts unique architectural elements like vaulted ceilings and appears well-maintained structurally, the critical areas of the kitchen and likely bathrooms (not clearly pictured but implied by age) require significant cosmetic updates to meet current standards. The property is functional but shows clear signs of being outdated, aligning with the 'Fair' condition criteria.
Year Built
1976
Close
-
List price
$1.29M
Original List price
$1.4M
Price/Sqft
$575
HOA
-
Days on market
-
Sold On
-
MLS number
ML82022871
Home ConditionFair
Features
Good View:
Deck
Pool
Patio
View-

About this home

This home has something for everyone! WANTING AN AMAZING MOUNTAIN RETREAT? Look no further than this incredible architectural gem with its open floor plan, incredible vaulted open-beam ceilings, four spacious bedrooms on over 3.3 acres of privacy, beauty, and timeless design. LOOKING FOR ECO FRIENDLY? Go green with this fully electric home that is ready for solar powered off-grid living. SEEKING A RENTAL, ADU OR MULTI-GENERATIONAL COMPOUND? Then the expansive detached 3 garage/workshop with water, power and dedicated septic is primed for expansion/ADU conversion. ARCHITECTURE TOP IN YOUR LIST? Your guests will be wowed by walls of glass, soaring vaulted ceilings, and an open-concept layout bathe the home in natural light, providing an indoor-outdoor flow and a sense of spacious tranquility. TOP SCHOOLS? This home is served by top Rated Loma Prieta and Los Gatos Schools, offering some of the best public school education in the area. Not mention, private school options are available on both the Santa Cruz and Los Gatos sides of the mountain. PRIVACY? The long private driveway meanders through gorgeous oaks, providing for tremendous privacy. AND THE VIEWS?Vistas are plentiful from one of the many windows, patios or from the completely private and sun-drenched swimming pool.

Condition Rating
Fair
Built in 1976, this property features a dated kitchen with oak cabinets, tiled countertops, and older black appliances, indicating it has not been extensively renovated recently. While the home boasts unique architectural elements like vaulted ceilings and appears well-maintained structurally, the critical areas of the kitchen and likely bathrooms (not clearly pictured but implied by age) require significant cosmetic updates to meet current standards. The property is functional but shows clear signs of being outdated, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 146144, living area = 2251.
Architectural Excellence & Natural Light: An 'incredible architectural gem' featuring an open floor plan, vaulted open-beam ceilings, walls of glass, and an open-concept layout that maximizes natural light and provides an indoor-outdoor flow.
Exceptional Privacy & Large Acreage: Situated on over 3.3 acres, accessed via a long private driveway meandering through gorgeous oaks, ensuring tremendous privacy and a serene environment.
ADU/Income Potential: An expansive detached 3-car garage/workshop with water, power, and dedicated septic is primed for expansion or conversion into an Accessory Dwelling Unit (ADU), offering significant versatility or income potential.
Eco-Friendly & Off-Grid Capability: The home is fully electric and designed for solar-powered off-grid living, appealing to environmentally conscious buyers seeking sustainable living options.
Top-Tier Schools & Private Pool: Located within the highly-rated Loma Prieta and Los Gatos School districts, complemented by a completely private and sun-drenched swimming pool for leisure and recreation.

Cons

Mountain Location & Accessibility: Positioned as a 'mountain retreat,' this location may entail longer travel times to essential services, urban amenities, and potentially challenging road conditions during adverse weather.
Property Age & Potential System Updates: Built in 1976, the home is nearly 50 years old. While architecturally appealing, potential buyers may face future costs for updating original systems (e.g., plumbing, electrical, HVAC) not explicitly mentioned as recently upgraded.
Recent Price Adjustment: A recent $100,000 price reduction from the original listing price suggests potential market resistance or an initial overestimation of value, which could impact buyer perception.

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