245 Los Gatos Boulevard, Los Gatos, California 95030, Los Gatos, 95030 - 3 bed, 2 bath
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Los Gatos, California 95030
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $2,598,000—positioned well below the $2,912,190 Fair Market Value by 10%. This valuation gap offers $314,190 in Instant Equity. Featuring a 2022 down-to-the-studs renovation and a versatile detached 1-bed/1-bath living space, the property maintains an Excellent Condition Rating. With modern systems and a private patio, this home is an ideal acquisition for Owner-Occupants seeking a luxury lifestyle or Investors looking for a high-end, income-generating asset in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 245 Los Gatos Boulevard Subject | $2,598,000* List Price | 3 | 2 | 1,748 | $1,666 | - |
A 46 Pleasant Street Sold | $3,300,000 | 4 | 3 | 1,800 | $1,833 | 0.2 mi |
B 321 Johnson Avenue Active | $2,980,000 List Price | 4 | 3 | 1,720 | $1,733 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a complete down-to-the-studs rebuild and expansion in 2022, placing the renovation within the <5-year threshold. It features all-new critical systems including a new roof, electrical, copper plumbing, and insulation, offering a turnkey, like-new living experience.
Renovated down to the studs in 2022, this home offers the reliability of modern construction—including new electrical, plumbing, and roof—while masterfully preserving its 1924 historic character.
The finished detached garage provides a flexible 1-bedroom, 1-bathroom unit perfect for a home office, guest suite, or rental income, adding significant functional value to the property.
Located just minutes from downtown Los Gatos and top-rated schools, the property features high-end finishes and professionally landscaped grounds, offering a move-in-ready experience in a prestigious neighborhood.
The property's location on Los Gatos Boulevard may result in higher ambient traffic noise and less privacy compared to homes situated on quieter residential side streets.
Because the garage has been converted into a living space, the property currently lacks traditional covered parking, which may be a drawback for buyers prioritizing vehicle protection.
Beautifully rebuilt and thoughtfully expanded in 2022, this exceptional 3-Bed & 2-Bath Los Gatos home combines timeless charm with the quality of modern construction. Renovated down to the studs, the home features a new roof, electrical, copper plumbing, windows, insulation, and a thoughtfully designed addition including a large primary bedroom with a walk-in closet, while preserving the home's original built-ins, offering years of worry-free modern living in the heart of a historical gem. Light-filled living spaces flow seamlessly to beautifully landscaped grounds with an automatic sprinkler system, newer fences, new front and backyard pavers, and a built-in BBQ, creating the perfect setting for indoor-outdoor entertaining. The detached garage has been finished into a versatile additional 1-bed/1-bath living space, ideal for guests, a home office, or rental income, and can easily be converted back to a garage if desired. There is also a partially finished basement that can be used as storage or a wine cellar, and a fully enclosed porch/mudroom. Just minutes from downtown Los Gatos, top-rated schools, parks, shopping, and dining, this turnkey home offers the rare opportunity to enjoy the character of an established neighborhood with the comfort and efficiency of a like-new home.
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 | 1,748 | 2,262 |
| Lot Size | 7,000 | 11,200 |
| Price | $2.60M | $2.86M |
| Price per sq ft | $1.5K | $1.3K |
| Built year | 1924 | 1964 |
| HOA | $0 | $175 |
| Days on market | 9 | 39 |
Jul 13, 2026
$2,598,000
Initial Listing
Jul 30, 2021
$1,688,000
Public Record