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23185 Old Santa Cruz Highway, Los Gatos, California 95033, Los Gatos, 95033 - 6 bed, 5 bath

23185 Old Santa Cruz Highway, Los Gatos, California 95033 home-pic-0
ACTIVE$2,990,000
23185 Old Santa Cruz Highway, Los Gatos, California 95033
6Beds
5Baths
4,427Sqft
345,518Lot

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 = 345518, living area = 4427.
Top Cons:
Age of Property & Potential Infrastructure: Built in 1969, while described as modern and updated, the property's age may imply older underlying infrastructure (e.g., plumbing, electrical, HVAC) that could require future maintenance or upgrades not explicitly detailed.

Compared to the nearby listings

Price:$2.99M vs avg $1.25M (+$1,745,000)95%
Size:4,427 sqft vs avg 2,061 sqft98%
Price/sqft:$675 vs avg $66955%

More Insights

Built in 1969 (56 years old).
Condition: The property, built in 1969, has undergone significant updates, featuring a 'gorgeous chef's kitchen' with modern stainless steel appliances (built-in refrigerator, double ovens, gas stovetop with professional hood) and hardwood floors throughout the main living areas. Bathrooms appear well-maintained with updated fixtures and finishes, though some elements like the kitchen backsplash and a dining room light fixture suggest a renovation that is not brand new, but rather within the last 5-15 years. The overall aesthetic is clean, functional, and move-in ready, aligning with the 'good' condition criteria of being extensively renovated within 5 to 15 years and having well-maintained systems with minimal wear and tear.
Year Built
1969
Close
-
List price
$2.99M
Original List price
$3.2M
Price/Sqft
$675
HOA
-
Days on market
-
Sold On
-
MLS number
ML81995941
Home ConditionGood
Features
Good View: Canyon, Mountain(s)
Deck
Spa
Patio
ViewCanyon, Mountain(s)

About this home

Modern tranquil villa retreat property in Los Gatos Hills! Multi-family possibilities with 5 generously sized bedrooms, 3.5 luxurious bathrooms. Separate lower level 1 bed/1 ba for in-law, wine room or hang out. 1 finished adu and plus potential 2nd adu Stunning estate a offers a harmonious blend of elegance and functionality. The heart of this home is a breezy floor plan with stunning tall wood beam ceilings, oak floors and generous windows and french doors. Gorgeous chefs kitchen, boasting a built-in refrigerator, a gas stovetop with a professional hood, double ovens, and exposed wood beams. Enjoy meals at the breakfast bar or in the formal dining room. The family room, with its inviting fireplace and wall of windows, seamlessly connects to the living room adorned with a wood-burning stove and french doors leading to the outdoor living area. Step outside to discover a private oasis entertainment area with bbq, fire pit and hot tub. Lovely sunning patio areas surround. Upper property has 540 sf guest house with barn. Lower property has raised bed gardens, apple, peach, apricot, lemon, fig, plum, orange trees and trail to redwood forest with fairy ring, bbq/party area. Great commute central summit location, Loma Prieta/CT English & Los Gatos High. Your paradise awaits!

Condition Rating
Good
The property, built in 1969, has undergone significant updates, featuring a 'gorgeous chef's kitchen' with modern stainless steel appliances (built-in refrigerator, double ovens, gas stovetop with professional hood) and hardwood floors throughout the main living areas. Bathrooms appear well-maintained with updated fixtures and finishes, though some elements like the kitchen backsplash and a dining room light fixture suggest a renovation that is not brand new, but rather within the last 5-15 years. The overall aesthetic is clean, functional, and move-in ready, aligning with the 'good' condition criteria of being extensively renovated within 5 to 15 years and having well-maintained systems with minimal wear and tear.
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 = 345518, living area = 4427.
Versatile Living & Income Potential: The property offers exceptional flexibility with a separate lower-level 1 bed/1 bath unit, a finished ADU, potential for a second ADU, and an additional 540 sqft guest house with a barn, ideal for multi-generational living, rental income, or dedicated workspaces.
Luxurious & Updated Interiors: Boasting a 'modern tranquil villa retreat' aesthetic, the home features stunning tall wood beam ceilings, oak floors, generous windows, French doors, and a gorgeous chef's kitchen equipped with high-end appliances like a built-in refrigerator, gas stovetop, professional hood, and double ovens.
Expansive Outdoor Oasis & Amenities: Situated on a very large 7.93-acre lot, the property includes a private entertainment area with a BBQ, fire pit, and hot tub, lovely sunning patios, raised bed gardens, a variety of fruit trees, and a private trail leading to a redwood forest with a fairy ring.
Desirable Los Gatos Hills Location & Views: Located in the tranquil Los Gatos Hills with 'Canyon, Mountain(s)' views, the property offers a 'great commute central summit location' and access to reputable schools like Loma Prieta/CT English & Los Gatos High.
Spacious & Functional Floor Plan: With 4427 sqft, 6 bedrooms, and 5 bathrooms, the home features a breezy floor plan, multiple inviting living spaces including a family room with a fireplace and a living room with a wood-burning stove, ensuring ample room for comfort and entertaining.

Cons

Age of Property & Potential Infrastructure: Built in 1969, while described as modern and updated, the property's age may imply older underlying infrastructure (e.g., plumbing, electrical, HVAC) that could require future maintenance or upgrades not explicitly detailed.
Recent Price Reduction: The property has undergone a recent price reduction from $3.2 million to $2.99 million, which could suggest it was initially overpriced or has faced market resistance at its previous listing price.
Extensive Lot Maintenance: The expansive 7.93-acre lot, featuring extensive gardens, numerous fruit trees, and a redwood forest trail, will likely require significant ongoing maintenance, time, and cost, which may not appeal to all potential buyers.

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