23584 Sky View Terrace, Los Gatos, California 95033, Los Gatos, 95033 - 4 bed, 3 bath
23584 Sky View Terrace
Los Gatos, California 95033
Property Price
SUMMARY
Analysis of 23584 Sky View Terrace, Los Gatos, California 95033 reveals a Prime Investment Opportunity with a current list price of $1,699,000—significantly undercutting the $1,852,725 Fair Market Value by 8%. This valuation gap indicates a +$153,725 Instant Equity potential for buyers. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23584 Sky View Terrace Subject | $1,699,000* List Price | 4 | 3 | 2,991 | $619 | - |
A 23914 Summit Sold | $1,250,000 | 3 | 3 | 2,040 | $613 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features extensive recent renovations, particularly in the kitchen and primary bathroom. The kitchen boasts modern cabinetry, stone countertops, and stainless steel appliances. The interior features high vaulted ceilings, updated flooring, and modern light fixtures. While the home was built in 1980, the high-quality updates and the addition of a custom outdoor kitchen elevate its condition significantly, meeting the criteria for a well-maintained, updated home.
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 = 53187, living area = 2991.
- Great Schools
Middle School: C. T. English Middle School (9/10). High School: Los Gatos High School (10/10).
- Modernized Interior & Layout
The home features a beautifully remodeled open-concept kitchen and updated primary suite, complemented by high vaulted ceilings and unique attic lofts that maximize the nearly 3,000 square feet of living space.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Mountain Location Logistics
While peaceful, the Summit area location requires a 15-minute mountain drive to reach downtown Los Gatos, which may be a challenge for those seeking immediate urban convenience or a shorter commute.
- Rural Infrastructure Maintenance
As a 1980s home in a wooded setting, buyers should budget for the specialized maintenance required for mountain properties, including fire clearance and reliance on local water systems.
About 23584 Sky View Terrace
Conveniently located in the coveted 'Villa del Monte' neighborhood, for easy access and proximity to local amenities. The home enjoys a peaceful and secluded, elevated setting with serene tree views. Formal entry opens to the living room with high ceilings, fireplace. Beautifully remodeled open concept kitchen, dining and family room with gas fireplace, sliders to the back yard. Additional family/recreation room (or extra large 4th bed) on 2nd floor, with built in shelving and vaulted ceilings. Primary suite with remodeled bathroom, 2 further bedrooms each with spacious attic lofts and built-in ladders, hall bathroom. Awesome outdoor entertaining with custom outdoor kitchen and expansive patios. Attached 2 car garage. Great value for a large home in the Summit area, just minutes from the excellent Loma Prieta elementary and CT English Middle schools, Summit store, wineries and churches. Approx. 15 mins to downtown Los Gatos, LGHS. Served by Villa Del Monte water, Comcast. internet.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1980
- Lot Size
- 53,187 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Gatos Unified Schools
Loma Prieta Elementary School
Grades K-5 • 0.9 mi
Vine Hill Elementary School
Grades K-5 • 4.5 mi
C. T. English Middle School
Grades 6-8 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,991 | 2,037 | 72% |
| Lot Size | 53,187 | 89,298 | 38% |
| Price | $1.70M | $1.25M | 72% |
| Price per sq ft | $568 | $632 | 21% |
| Built year | 1980 | 1978 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 198 | 3% |
Pricing History
Listed for Sale
Mar 5, 2026
$1,699,000
Initial Listing
Sold
Feb 28, 2003
$890,000
Public Record