23489 Hutchinson Road, Los Gatos, California 95033, Los Gatos, 95033 - 3 bed, 3 bath
23489 Hutchinson Road
Los Gatos, California 95033
Property Price
SUMMARY
Analysis of 23489 Hutchinson Road, Los Gatos, California 95033 reveals a Fairly Priced Property with a current list price of $1,390,000 aligned with the estimated $1,357,302 Fair Market Value. This represents a stable investment opportunity at market rate. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23489 Hutchinson Road Subject | $1,390,000* List Price | 3 | 3 | 2,638 | $515 | - |
A 23762 23762 Hutchinson Rd Active | $1,298,000 List Price | 4 | 3 | 2,522 | $515 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1980, this property is well-maintained and functional but reflects its original construction era. While it includes modern necessities like central A/C and a three-car garage, the interior features—including the kitchen and bathrooms—show signs of being outdated and would require cosmetic modernization to meet current luxury standards. The property has been maintained through regular upkeep but lacks the recent comprehensive renovations required for a higher score.
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 = 91084, living area = 2638.
- Expansive Usable Acreage
Set on over 2 acres of serene redwood forest, the property uniquely offers generous usable land, providing rare opportunities for gardening, outdoor entertaining, or potential expansion in a mountain setting.
- Premier School District
The property provides access to highly-coveted, award-winning schools including Loma Prieta Elementary, C.T. English Middle, and Los Gatos High School, which is a significant driver for long-term value.
CONSRISKS & DEFICIENCIES
- Mountain Access Challenges
While offering privacy and Silicon Valley access, the location involves navigating mountain roads which can be challenging during inclement weather or for those unaccustomed to winding rural terrain.
- Dated Construction Era
Built in 1980, the residence may require cosmetic updates or modernization of its original systems to meet the aesthetic standards of contemporary luxury buyers.
About 23489 Hutchinson Road
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 ~2,638± 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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1980
- Lot Size
- 91,084 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,638 | 2,037 | 66% |
| Lot Size | 91,084 | 91,084 | 50% |
| Price | $1.39M | $1.25M | 59% |
| Price per sq ft | $527 | $632 | 21% |
| Built year | 1980 | 1978 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 158 | 198 | 34% |
Pricing History
Listed for Sale
Nov 4, 2025
$1,390,000
$1,499,000
-7% Price Drop
Initial Listing
Price Change
Sep 30, 2025
$1,499,000
Initial Listing