23762 23762 Hutchinson Rd, Los Gatos, California 95033, Los Gatos, 95033 - 4 bed, 3 bath

23762 23762 Hutchinson Rd, Los Gatos, California 95033 home-pic-0

23762 23762 Hutchinson Rd

Los Gatos, California 95033

ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,522Sq Ft
60,461Lot Size

Property Price

LIST PRICE$1,298,000
EST. MARKET VALUE
$1,452,839
10% BelowMARKET VALUE

SUMMARY

Analysis of 23762 23762 Hutchinson Rd, Los Gatos, California 95033 reveals a Prime Investment Opportunity with a current list price of $1,298,000—significantly undercutting the $1,452,839 Fair Market Value by 10%. This valuation gap indicates a +$154,839 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

$1,452,839 +$154,839 Equity Potential
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
23762 23762 Hutchinson Rd
Subject
$1,298,000*
List Price
432,522$576-
A
26145 Pierce Road
Sold
$975,000331,581$6170.8 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and features significant recent capital improvements, including a new roof and new flooring throughout. While the kitchen and bathrooms are 'refreshed' rather than fully modernized—retaining dated elements like tile countertops and 1970s-style oak cabinetry—the home is well-maintained with updated stainless steel appliances and fresh paint, making it functional and habitable without immediate renovation.

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 = 60461, living area = 2522.

  • Recent Modern Upgrades

    The home is move-in ready featuring a brand-new roof, updated flooring, and refreshed bathrooms, significantly reducing immediate post-purchase capital expenditure.

  • Exceptional Panoramic Views

    Positioned to capture breathtaking views of the mountains, valley, and skyline, the property offers a premium aesthetic and a tranquil atmosphere that enhances its market value.

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.

  • Property Age

    Originally built in 1978, some underlying structural components or utility systems may require more maintenance compared to newer construction, despite recent cosmetic updates.

  • Terrain Maintenance

    The expansive 1.38-acre lot consists of forest and mountain terrain, which necessitates ongoing effort and cost for landscaping and fire-safe defensible space management.

About 23762 23762 Hutchinson Rd

Experience the perfect blend of mountain serenity and Silicon Valley convenience. This beautifully updated Los Gatos home offers a rare opportunity to secure a move-in-ready residence with access to top-rated Los Gatos schools at an exceptional value. Recently remodeled, the home features a new roof, new flooring, and refreshed bathrooms. The open-concept living areas are bathed in natural light, flowing seamlessly to a backyard deck with breathtaking skyline views and stunning sunrises. The versatile floor plan includes a flexible downstairs bedroom—perfect for a private home office, gym, or guest suite—while spacious upstairs bedrooms offer quiet privacy. Nestled in a peaceful forest setting, you are perfectly positioned for work and play: just 6 minutes from Highway 17 and only 15 minutes from the vibrant dining and shopping of Downtown Los Gatos. Whether you’re hosting gatherings against a majestic mountain backdrop or enjoying a quiet morning coffee, this home delivers a lifestyle of privacy and prestige. An incredible value for those seeking the Los Gatos lifestyle without compromise.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1978
Lot Size
60,461 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

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
69%
Baths3.03.0
50%
Square foot2,5222,037
66%
Lot Size60,46189,298
41%
Price$1.30M$1.25M
52%
Price per sq ft$515$632
21%
Built year19781978
50%
HOA$0$0
50%
Days on market45198
3%

Pricing History

Listed for Sale

Jan 21, 2026

$1,298,000

Initial Listing

Sold

May 15, 2009

$669,000

Public Record

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