23435 Summit Road, Los Gatos, California 95033, Los Gatos, 95033 - 5 bed, 4 bath
23435 Summit Road
Los Gatos, California 95033
Property Price
SUMMARY
Analysis of 23435 Summit Road, Los Gatos, California 95033 reveals a property with a current list price of $2,680,000, which is 4% above the estimated $2,557,522 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 |
|---|---|---|---|---|---|---|
★ 23435 Summit Road Subject | $2,680,000* List Price | 5 | 4 | 4,262 | $600 | - |
A 23583 Summit Road Active | $2,499,000 List Price | 5 | 4 | 3,383 | $739 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is exceptionally well-maintained and features significant high-end updates including a modern spa-like primary bathroom with floating vanities and radiant heat, an epicurean kitchen with JennAir appliances, and extensive smart home technology such as NEST climate control and owned solar. While built in 1999, the integration of modern luxury features, vaulted wood-inlay ceilings, and pristine hardwood floors make it move-in ready with no immediate renovation required, though some elements like the maple cabinetry reflect its original era.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 107157, living area = 4262.
- Luxury Craftsmanship & Smart Tech
The home features high-end finishes like travertine flooring and vaulted wood ceilings, paired with modern smart amenities including owned solar, Sonos-controlled speakers, and triple-zone NEST climate control.
- Expansive Private Retreat
Situated on a 2.46-acre lot, the property offers a serene forest setting with a cascading waterfall, lily-pad pond, multiple decks, and a versatile barn/workshop for creative projects.
CONSRISKS & DEFICIENCIES
- Extended Market Time
With over 250 days on the market and several price reductions from the original listing, the property has experienced significant difficulty in securing a buyer at its initial price points.
- Mountain Location Challenges
While offering privacy, the Summit Road location involves mountain driving and potential weather-related access issues, which may deter buyers looking for a traditional suburban commute.
About 23435 Summit Road
Nestled on a 2.46-acre lot, this architecturally stunning retreat blends country charm with modern luxury, just minutes from Downtown Los Gatos. Enter through striking double doors into a travertine-tiled foyer, leading to a family room with vaulted wood-inlay ceilings, hardwood floors, and expansive forest views. The high-end epicurean kitchen showcases JennAir appliances, maple cabinetry, granite counters, and a breakfast bar including a prep sink and an induction fondue cooktop. The home features 4 bedrooms, a dedicated den, and a versatile loft (5th bedroom/craft room). The primary suite offers vaulted ceilings, a gas fireplace, dual walk-in closets, private deck, and a modern spa-like bathroom with radiant floors, floating vanities, and a steam shower. Smart amenities include triple-zone NEST climate control, Sonos-controlled speakers, owned solar, a tankless & a solar water heater, and a private well. Enjoy a finished 3-car garage and a climate-controlled gym. Multiple decks invite relaxation, while a gazebo-covered hot tub sits beside a cascading waterfall and serene lily-pad pond. A pellet stove-warmed barn/workshop welcomes year-round projects. Served by top schools, including Los Gatos High, this retreat offers nature, technology, and craftsmanship in perfect harmony.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 107,157 Sq. Ft.
Interior
- Total Bedrooms
- 5
- 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 | 5.0 | 3.0 | 86% |
| Baths | 4.0 | 3.0 | 90% |
| Square foot | 4,262 | 2,037 | 93% |
| Lot Size | 107,157 | 93,654 | 55% |
| Price | $2.68M | $1.25M | 86% |
| Price per sq ft | $629 | $632 | 48% |
| Built year | 1999 | 1978 | 97% |
| HOA | $0 | $0 | 50% |
| Days on market | 226 | 219 | 69% |
Pricing History
Listed for Sale
Jan 18, 2026
$2,680,000
$2,769,000
-3% Price Drop
Initial Listing
Price Change
Oct 19, 2025
$2,769,000
$2,874,800
-4% Price Drop
Initial Listing
Price Change
Sep 10, 2025
$2,874,800
$2,984,000
-4% Price Drop
Initial Listing
Price Change
Jul 24, 2025
$2,984,000
Initial Listing