23489 Hutchinson Road, Los Gatos, California 95033, Los Gatos, 95033 - 4 bed, 3 bath
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Los Gatos, California 95033
Analysis of 23489 Hutchinson Road, Los Gatos, California 95033 is currently available with a list price of $1,195,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
Built in 1980, this 44-year-old property is functional but significantly dated. The kitchen features older cabinetry and tile countertops, and the interior shows worn carpeting and 1980s-style mirrored closets. While it includes central A/C and high-speed fiber, the exterior wood decking shows heavy weathering and requires maintenance/refinishing, fitting the 'Fair' criteria for homes over 20 years old needing updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 91084, living area = 2638.
Set on over 2 acres of serene redwood forest, the property offers rare usable land and a spacious 2,638 sqft residence, providing a private mountain retreat with functional outdoor space for gardening or entertaining.
Equipped with new 2 Gbps high-speed fiber internet, this home addresses the primary challenge of mountain living, making it an exceptional choice for Silicon Valley professionals requiring reliable remote work capabilities.
With 251 days on the market, the listing may be perceived as 'stale' by prospective buyers, potentially leading to lower offers or concerns regarding underlying property issues.
A price history showing a reduction from $1.499M to $1.195M suggests initial overvaluation and may signal to buyers that the property has struggled to find its market value despite multiple adjustments.
Major Price improvement! Sunlight in the RedwoodsA Los Gatos Mountain Retreat on 2+ Acres Breathe in the quiet. This 2.09±- acre beautiful property is framed by soaring redwoods where morning light filters through the canopy and evenings end in complete stillness. The ~2,638Ãñ sf residence offers 4 bedrooms and 2.5 baths, with a fireplace-centered living space, hardwood and carpet flooring, central A/C, and everyday comforts like an attached 3-car garage. Outside, entertain beneath the trees, wander the paths, or plan your next garden on generous usable land. Youre close to Hwy 17 for quick trips to Downtown Los Gatos and an easy coastal run to Santa Cruz. Schooling options include Award winning Loma Prieta Elementary, C.T. English Middle, and Los Gatos High. Mountain calm. Silicon Valley access. Welcome home. We have new high speed fiber internet! 2 Gps. Super fast.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,638 | 2,262 |
| Lot Size | 91,084 | 11,200 |
| Price | $1.20M | $2.86M |
| Price per sq ft | $453 | $1.3K |
| Built year | 1980 | 1964 |
| HOA | $0 | $175 |
| Days on market | 295 | 39 |
May 31, 2026
$1,195,000
$1,295,000
-8% Price Drop
Initial Listing
Mar 26, 2026
$1,295,000
$1,390,000
-7% Price Drop
Initial Listing
Nov 4, 2025
$1,390,000
$1,499,000
-7% Price Drop
Initial Listing
Sep 30, 2025
$1,499,000
Initial Listing