
Los Gatos, California 95033
This Turnkey Mountain Retreat represents a Strong Value Opportunity, listed at $1,200,000—positioned well below the $1,315,347 Fair Market Value by 8%. This valuation gap offers $115,347 in Instant Equity. Featuring a Condition Rating of 2, the home includes a modernized kitchen, underpinned foundation, and a private-entry guest suite. With its rare flat backyard, detached studio, and private sauna, this property is an ideal fit for Owner-Occupants seeking multi-generational living or lifestyle-focused buyers.
Property is new construction or fully renovated.
Despite being built in 1940, the property has undergone a comprehensive recent renovation (likely within <5 years). The kitchen is fully modernized with quartz countertops and stainless steel appliances, and the home features significant system upgrades including an underpinned foundation and an updated septic system. The interior shows mint condition with open-beam ceilings, skylights, and updated flooring throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14026, living area = 1599.
The property features a private-entry lower-level guest suite with its own kitchenette and bathroom, providing excellent flexibility for multi-generational living, a home office, or potential rental income.
Boasting a rare flat and sun-filled backyard for the area, the grounds include a detached studio, private sauna, and outdoor shower, significantly enhancing the lifestyle appeal of this mountain retreat.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1599, other record living area = 1538. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Originally built in 1940, the home may require ongoing maintenance or further updates to meet modern energy efficiency standards and contemporary aesthetic preferences.
While offering privacy, the mountain location involves navigating winding roads and potential weather-related challenges common to the Santa Cruz Mountains, which may not suit all commuters.
Nestled among majestic redwoods on desirable Glenwood Drive, this peaceful mountain retreat offers the perfect blend of privacy, natural beauty, and modern comfort. A quiet, tree-lined approach welcomes you home, where expansive decks and tranquil gardens invite you to relax and enjoy the serene surroundings. Inside, soaring open-beam ceilings, skylights, and abundant natural light create a warm, inviting atmosphere. The updated kitchen features quartz countertops, stainless steel appliances, and opens seamlessly to the living and dining areas, anchored by a cozy pellet stove. The main level includes two bedrooms and a full bath, while the lower level offers a private-entry guest suite with its own bedroom, bath, and kitchenette, ideal for extended family, guests, a home office, or multi-generational living. Outside, enjoy a rare flat, sun-filled backyard with raised garden beds, a pergola-covered patio, detached studio, and private sauna with outdoor shower. Recent upgrades include an underpinned foundation and updated septic system. Located in the Scotts Valley school district with high-speed internet and easy Highway 17 access, this is mountain living at its best.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,599 | 2,262 |
| Lot Size | 33,105.602 | 11,200 |
| Price | $1.20M | $2.86M |
| Price per sq ft | $750 | $1.3K |
| Built year | 1940 | 1964 |
| HOA | $0 | $175 |
| Days on market | 21 | 39 |
Jul 1, 2026
$1,200,000
Initial Listing
Jul 7, 2017
$675,000
Public Record
Feb 15, 2002
$385,000
Public Record