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23020 Old Santa Cruz Highway, Los Gatos, California 95033, Los Gatos, 95033 - 5 bed, 6 bath

23020 Old Santa Cruz Highway, Los Gatos, California 95033 home-pic-0
ACTIVE$7,995,000
23020 Old Santa Cruz Highway, Los Gatos, California 95033
5Beds
6Baths
7,454Sqft
1,279,357Lot

Price Vs. Estimate

Estimation data not available

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 = 1279357, living area = 7454.
Top Cons:
Unfinished Interior Spaces: The 3rd-floor recreation room and attic space are currently unfinished, despite being planned for a home theater and plumbed for a half bath, requiring additional investment and project management to complete.

Compared to the nearby listings

Price:$8.00M vs avg $1.25M (+$6,750,000)98%
Size:7,454 sqft vs avg 2,061 sqft98%
Price/sqft:$1.1K vs avg $66990%

More Insights

Built in 1986 (39 years old).
Condition: Built in 1986, this luxury estate has been exceptionally well-maintained and features significant recent upgrades such as a new roof, 22.5W solar system, and auto generators, ensuring major systems are in excellent condition. The kitchen, while high-end with dark wood cabinetry, granite countertops, and stainless steel appliances, presents a traditional style that suggests a renovation within the last 10-15 years rather than a brand-new, contemporary update. Although no specific bathroom images are provided, the overall luxury and meticulous upkeep of the property imply well-appointed and functional bathrooms. Flooring (hardwood, tile, carpet) and light fixtures are in good condition and consistent with the traditional aesthetic. The property is move-in ready with no immediate renovations required, aligning perfectly with the 'Good' score criteria, despite the mention of an unfinished attic space.
Year Built
1986
Close
-
List price
$8M
Original List price
$8M
Price/Sqft
$1,073
HOA
-
Days on market
-
Sold On
-
MLS number
ML82015557
Home ConditionGood
Features
Good View: Bay, Mountain(s), Ocean, Trees/Woods
Deck
Pool
Patio
ViewBay, Mountain(s), Ocean, Trees/Woods

About this home

One-of-a-kind luxury estate set on ~30 acres with sunny pastures, redwood forest, & distant bay views. Impressive colonial style home with grand entry hall, formal living & dining rooms, family room, billiards room/library, wine tasting room with wine cellar, sumptuous primary suite with loft, 3rd floor recreation room & unfinished attic space, planned as home theater, has plumbing for half bath. All bedrooms have ensuite baths, 5th bed with wet bar over att. 3 car garage, and huge laundry room (potential 2nd kitchen). Detached guest house/legal ADU with own address: 3 beds/2.5 baths, sun room, private patio. Outdoor kitchen/living area with stone fireplace, European style pond with waterfall, beach entry & deck. Fenced gardens with custom pergola, mature orchard, bocce court. Fiberglass dome observatory with telescope, floodlit all-weather sports court, 60'x36' MD Barnmaster barn (inc. car lift, houses sellers' car collection), barn door raised for RV. Level/gently sloped fenced pastures, ample space to add a riding arena. Private trails through the redwood forest. Potential equestrian use, winery, organic farm, retreat/sanctuary. New roof, 22.5W solar system, auto generators for both houses. Only 1.5miles from Hwy 17, 8 miles/10-12 mins to downtown Los Gatos

Condition Rating
Good
Built in 1986, this luxury estate has been exceptionally well-maintained and features significant recent upgrades such as a new roof, 22.5W solar system, and auto generators, ensuring major systems are in excellent condition. The kitchen, while high-end with dark wood cabinetry, granite countertops, and stainless steel appliances, presents a traditional style that suggests a renovation within the last 10-15 years rather than a brand-new, contemporary update. Although no specific bathroom images are provided, the overall luxury and meticulous upkeep of the property imply well-appointed and functional bathrooms. Flooring (hardwood, tile, carpet) and light fixtures are in good condition and consistent with the traditional aesthetic. The property is move-in ready with no immediate renovations required, aligning perfectly with the 'Good' score criteria, despite the mention of an unfinished attic space.
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 = 1279357, living area = 7454.
Expansive & Versatile Acreage: The property spans approximately 30 acres, featuring sunny pastures, a redwood forest, and private trails, offering significant potential for equestrian use, a winery, organic farming, or a private retreat.
Luxury Amenities & Interior Features: The main colonial-style home boasts a grand entry, formal living and dining rooms, a billiards room/library, a wine tasting room with a cellar, a sumptuous primary suite with a loft, and all bedrooms include ensuite baths.
Detached Guest House/Legal ADU: A separate legal Accessory Dwelling Unit (ADU) with its own address, featuring 3 beds/2.5 baths, a sunroom, and a private patio, provides excellent flexibility for multi-generational living, guest accommodations, or potential rental income.
Exceptional Outdoor Living & Recreation: The estate offers extensive outdoor amenities including an outdoor kitchen with a stone fireplace, a European-style pond with a waterfall, fenced gardens, a mature orchard, a bocce court, a floodlit all-weather sports court, and a unique fiberglass dome observatory with a telescope.
Significant Infrastructure & Modern Upgrades: Key infrastructure includes a large 60'x36' MD Barnmaster barn (with car lift and RV access), a new roof, a 22.5W solar system, and automatic generators for both houses, ensuring self-sufficiency and robust utility.

Cons

Unfinished Interior Spaces: The 3rd-floor recreation room and attic space are currently unfinished, despite being planned for a home theater and plumbed for a half bath, requiring additional investment and project management to complete.
Specific Architectural Style: The 'impressive colonial style home' may have a niche appeal, potentially limiting the pool of prospective buyers who might prefer more contemporary or regionally specific architectural designs.
High Maintenance Demands: A 30-acre estate with extensive landscaping, multiple structures, and specialized amenities like a pond and sports court will likely incur substantial ongoing maintenance costs and require significant time commitment for upkeep.

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