23492 Sunset Drive, Los Gatos, California 95033, Los Gatos, 95033 - 3 bed, 3 bath
ACTIVE$1,465,000
23492 Sunset Drive, Los Gatos, California 95033
3Beds
3Baths
2,037Sqft
48,657Lot
Year Built
1958
Close
-
List price
$1.47M
Original List price
$1.4M
Price/Sqft
$719
HOA
-
Days on market
-
Sold On
-
MLS number
ML82022467
Home ConditionPoor
Features
Good View:
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 16% below the list price. We found 3 Cons,7 Pros. Rank: price - $1.47M(65th), sqft - 2037(50th), beds - 3(50th), baths - 3(57th).
AWESOME opportunity to put your own creative touches on this sprawling single-story classic rancher with Monterey Bay views and flat lot of over an acre. All original and just perfect to reimagine with today's design. Fantastic location in one of the area's most desirable neighborhoods with no windy roads minutes from Summit Store, schools, and beautiful wineries. Excellent Los Gatos schools. Easy 15 minute drive to dynamic and charming downtown Los Gatos or take the backroad to the coast in just 20 minutes! Hardwood floors, vaulted ceilings, over-sized garage. Quiet cul-de-sac location.
Nearby schools
8/10
Loma Prieta Elementary School
Public,•K-5•0.7mi
7/10
Vine Hill Elementary School
Public,•K-5•4.8mi
9/10
C. T. English Middle School
Public,•6-8•0.7mi
8/10
Scotts Valley Middle School
Public,•6-8•6.9mi
8/10
Scotts Valley High School
Public,•9-12•4.6mi
10/10
Los Gatos High School
Public,•9-12•6.7mi
Price History
Date
Event
Price
11/07/25
Price Change
$1,465,000+4.6%
10/07/25
Listing
$1,400,000
Condition Rating
Poor
Built in 1958 and described as 'all original,' this property requires substantial repairs and rehabilitation. The kitchen features dated appliances, cabinets, and flooring (small reddish-brown tiles), along with an outdated light fixture. The bathroom is significantly outdated with a bright red tiled countertop and pink sink. While the hardwood floors in some areas appear decent, the overall interior, including light fixtures and the explicit mention of 'potential for outdated systems' (electrical, plumbing, HVAC) in the property analysis, indicates a need for major component replacements and extensive modernization to meet current standards. This aligns with the 'poor' condition criteria.
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 = 48657, living area = 2037.
Great Schools: Middle School: C. T. English Middle School (9/10). High School: Los Gatos High School (10/10).
Prime Location & Accessibility: Situated in a highly desirable Los Gatos neighborhood on a quiet cul-de-sac, offering easy access to Summit Store, wineries, downtown Los Gatos (15 min), and the coast (20 min) without windy roads.
Expansive Flat Lot: Boasts a flat lot of over an acre (48,657 sqft), providing significant potential for expansion, extensive landscaping, or creating diverse outdoor living spaces.
Scenic Monterey Bay Views: Offers desirable Monterey Bay views, a premium amenity that enhances the property's appeal and potential value.
Top-Rated School District: Located within the excellent Los Gatos school district, including highly-rated elementary, middle, and high schools, a major draw for families.
Solid Architectural Foundation: A sprawling single-story classic rancher featuring hardwood floors, vaulted ceilings, and an oversized garage, providing a strong structural base for a modern redesign.
Cons
Extensive Renovation Required: The property is described as 'all original' and an 'opportunity to put your own creative touches,' indicating a need for significant modernization and updates throughout to meet contemporary standards.
Potential for Outdated Systems: Built in 1958 and being 'all original,' major systems such as electrical, plumbing, and potentially HVAC are likely outdated and may require costly replacement or upgrades.
Significant Upfront Investment: Beyond the purchase price, buyers must anticipate substantial additional costs for comprehensive renovations to bring the property to modern design and functional standards.