23489 Hutchinson Road, Los Gatos, California 95033, Los Gatos, 95033 - 3 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 $1,295,000. 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.
The property is well-maintained and move-in ready, but it clearly reflects its 1980 construction year. While the kitchen has been refreshed with white paint on the original arched cabinets and a newer stainless steel refrigerator, it retains dated tile countertops and older black appliances. The interior features a mix of well-kept hardwood and older carpeting, along with 1980s-style fixtures and stone fireplaces. It meets the 'Fair' criteria as an aged home maintained through regular upkeep and cosmetic updates rather than a full modern renovation.
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.
Situated on over 2 acres of usable land surrounded by majestic redwoods, this property offers a rare blend of mountain serenity and functional outdoor space for gardening or entertaining.
The property is served by award-winning schools, including Loma Prieta Elementary and Los Gatos High, providing significant long-term value and appeal for families.
The listing has undergone multiple significant price reductions from its original $1.499M asking price, which may indicate a struggle to align with current buyer expectations or market demand.
Built in 1980 and featuring carpeted flooring, the residence likely requires cosmetic updates and modernizations to meet the aesthetic standards of today's luxury mountain buyers.
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.
No exterior & parking available.
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 | 2,638 | 2,213 | 59% |
| Lot Size | 91,084 | 111,274 | 38% |
| Price | $1.29M | $1.38M | 41% |
| Price per sq ft | $491 | $632 | 21% |
| Built year | 1980 | 1979 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 204 | 204 | 53% |
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