23583 Summit Road, Los Gatos, California 95033, Los Gatos, 95033 - 5 bed, 4 bath

23583 Summit Road, Los Gatos, California 95033 home-pic-0

23583 Summit Road

Los Gatos, California 95033

ACTIVE UNDER CONTRACT
CONDITION: GOOD
5Beds
4Baths
3,383Sq Ft
79,279Lot Size

Property Price

LIST PRICE$2,499,000
EST. MARKET VALUE
$2,444,483

SUMMARY

Analysis of 23583 Summit Road, Los Gatos, California 95033 reveals a Fairly Priced Property with a current list price of $2,499,000  aligned with the estimated $2,444,483 Fair Market Value. This represents a stable investment opportunity at market rate. 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

$2,444,483
Based on Realkey algorithm analyzing recent comparable sales in Los Gatos.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
23583 Summit Road
Subject
$2,499,000*
List Price
543,383$723-
A
23435 Summit Road
Active Under Contract
$2,680,000
List Price
544,262$6290.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 2007, this property falls within the 10-20 year age range for a 'good' condition score. The home is move-in ready and features high-end finishes, including a gourmet kitchen with premium appliances, hardwood flooring, and soaring ceilings. While the property is luxurious and well-maintained with no visible deferred maintenance, it does not meet the 'excellent' criteria as it has not undergone a full-scale renovation within the last five years.

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 = 79279, living area = 3383.

  • Premier Outdoor Amenities

    The estate features an exceptional outdoor kitchen, garden terraces, and a private sauna set on nearly two acres of lush, park-like grounds, perfect for high-end entertaining.

  • Rare Walkability & Schools

    Uniquely positioned for mountain living, the home is within walking distance to the Summit Store and local schools while benefiting from a top-tier, award-winning school district.

CONSRISKS & DEFICIENCIES

  • Significant Market Lag

    The property has been on the market for over 270 days and required multiple price reductions, which may suggest initial overvaluation or challenges with its niche mountain appeal.

  • Mountain Property Maintenance

    The expansive 1.8-acre wooded lot and mountain setting typically require higher-than-average upkeep and specific considerations for fire safety and rural infrastructure.

About 23583 Summit Road

Discover outstanding value in the Los Gatos mountains, offering more home & land while minutes from downtown & a short drive to beautiful SC beaches. Step into serenity at this exclusive gated country estate. Nestled in a park-like setting this is mountain living refined, where sweeping landscapes, beautiful tree lined views & lush privacy meet luxury & convenience. Prime Location & Lifestyle, this retreat offers tranquil seclusion yet a mere stroll from the Summit Store and the Elementary and Middle schools. Host unforgettable gatherings in the stunning outdoor kitchen, set among garden terraces under mature trees. Entertain against the backdrop of soaring redwoods, mountain views, expansive lawns, & a fenced vegetable garden awaiting your culinary imagination. Sun-Drenched Acreage, A rare find: perfect for recreation, a large private sauna, gardening or your dream pool/outdoor lounge. Through the gated entry, discover an interior flooded with natural light, soaring ceilings, & fine finishes. Office could be a 6th bedroom! The gourmet kitchen features high-end appliances, open sightlines,& flows seamlessly into both formal & casual living spaces. This property is a rare gem of privacy, lifestyle, & convenience, all wrapped in breathtaking natural beauty. Award winning Schools.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2007
Lot Size
79,279 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
86%
Baths4.03.0
90%
Square foot3,3832,037
79%
Lot Size79,27989,298
45%
Price$2.50M$1.25M
86%
Price per sq ft$739$633
79%
Built year20071978
97%
HOA$0$0
50%
Days on market255219
86%

Pricing History

Listed for Sale

Dec 21, 2025

$2,499,000

$2,749,000

-9% Price Drop

Initial Listing

Price Change

Aug 26, 2025

$2,749,000

Initial Listing

Price Change

Jun 25, 2025

$2,975,000

Initial Listing

Browse Properties by State Browse housing market trends by state