23059 Evergreen Lane, Los Gatos, California 95033, Los Gatos, 95033 - 3 bed, 3 bath
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Los Gatos, California 95033
This Spacious Mountain Retreat is a Strong Value Opportunity, listed at $1,279,000—positioned well below the $1,389,176 Fair Market Value by 7%. This valuation gap offers $110,176 in Instant Equity for the buyer. While the home maintains a Condition Rating of 4, recent infrastructure upgrades like a fire-resistant roof and new deck provide a solid foundation for cosmetic personalization. With access to Top-Rated Schools like Los Gatos High, this property is ideal for Owner-Occupants seeking a lifestyle upgrade or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23059 Evergreen Lane Subject | $1,279,000* List Price | 3 | 3 | 1,962 | $708 | - |
A 23535 Treeview Trail Sold | $1,600,000 | 3 | 2 | 2,138 | $748 | 0.4 mi |
B 23492 Sunset Drive Sold | $1,435,000 | 3 | 3 | 2,037 | $704 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property boasts significant recent high-cost upgrades including a fire-resistant roof, double-pane windows, and a new Trex deck, the interior remains dated. The kitchen and bathrooms feature older cabinetry, tile countertops, and aged appliances consistent with a 20+ year old renovation or original 1974 finishes, requiring cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 42253, living area = 1962.
Middle School: C. T. English Middle School (9/10). High School: Los Gatos High School (10/10).
The nearly one-acre lot features a new Trex deck, a mature vineyard, and a custom greenhouse, offering a premium outdoor lifestyle with stunning mountain and valley views.
The property has undergone two price reductions within its first 31 days on the market, totaling a $120,000 drop, which may signal initial overpricing or buyer hesitation.
Reliance on a private well and holding tank system requires more active maintenance and monitoring than municipal water services, which can be a deterrent for some buyers.
Located in the highly sought-after Villa Del Monte neighborhood, 23059 Evergreen Lane offers privacy, sunshine, & mountain serenity. Set at the end of a quiet cul-de-sac, this 3-bedroom, 2.5-bath home sits on nearly an acre of sun-drenched land with peaceful valley & mountain views. Inside, a light-filled vaulted living room features expansive windows & sliding glass doors that open to a spacious deck for seamless indoor-outdoor living. A cozy family room with a wood-burning fireplace & deck access provides a perfect space to relax or gather. The home flows into a dining area, spacious kitchen, & flexible office space. Three well-sized bedrooms include a primary suite with a private bath. Outdoor living shines with a large Trex deck ideal for entertaining, plus gardens & seating areas. Additional features include a custom greenhouse/workshop, storage sheds, and a small mature vineyard with gated access. Recent upgrades include a fire-resistant roof, double-pane windows, sliding doors, and a new deck. A 200-amp power main could support EV charging or solar. A private well, large holding tank, two-car garage, and extra parking complete the property. Enjoy a balance of nature and convenience with nearby amenities, top-rated schools, and easy access to town, beaches, and recreation.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 4.6 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,962 | 2,213 | 33% |
| Lot Size | 42,253 | 99,926.5 | 22% |
| Price | $1.28M | $1.45M | 33% |
| Price per sq ft | $652 | $643 | 50% |
| Built year | 1974 | 1978 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 138 | 8% |
May 31, 2026
$1,279,000
$1,349,000
-5% Price Drop
Initial Listing
May 18, 2026
$1,349,000
$1,399,000
-4% Price Drop
Initial Listing
Apr 30, 2026
$1,399,000
Initial Listing