24580 Loma Prieta Avenue, Los Gatos, California 95033, Los Gatos, 95033 - 2 bed, 1 bath

24580 Loma Prieta Avenue
Los Gatos, California 95033
Property Price
SUMMARY
Analysis of 24580 Loma Prieta Avenue, Los Gatos, California 95033 is currently available with a list price of $2,100,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property was built in 1956, making it 68 years old, and there is no indication of any significant renovations. The listing explicitly describes the existing 800 sqft home as 'outdated & small' and states it 'likely requires extensive renovation or replacement, not aligning with the property's high land value.' The exterior images show a very basic, rustic structure with an older roof and siding, consistent with its age and lack of updates. The absence of any interior photos of the kitchen, bathroom, or living areas strongly suggests these spaces are in very poor condition, likely original, and not considered a selling point. The property's value is clearly in the expansive land, not the existing dwelling, which requires substantial repairs, rehabilitation, or complete replacement.
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 = 860310, living area = 800.
- Substantial Acreage
The property boasts an impressive 44.61 acres across two adjoining parcels, offering immense space, privacy, and significant land holding appeal.
- Desirable Location
Located in a peaceful, private mountain setting within Los Gatos, a highly sought-after area known for its exclusivity and natural beauty.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =860310, other record lot size in square feet = 2029475. Living area discrepancy between mls listing and other public or private record. mls listing living area = 800, other record living area = 3378.
- Outdated & Small Residence
The existing 800 sqft home, built in 1956, is very small and likely requires extensive renovation or replacement, not aligning with the property's high land value.
- Extensive Due Diligence Required
Buyers are explicitly advised to verify critical aspects such as zoning, utilities (septic, water sources), and access with Santa Cruz County, indicating potential complexities and unknown costs.
About 24580 Loma Prieta Avenue
This property is part of the Kennedy Estate. Two adjoining parcels (APN 098 011 22 and 098 011 23) totaling 44.61 acres in a peaceful, private mountain setting. These parcels include a small home, an additional structure suitable for storage, and an established orchard, offering a blend of existing improvements and expansive natural landscape. The property features open space, mature trees, and long-term land holding appeal. Buyers should verify zoning, utilities, access, septic, water sources, and all permitted uses with Santa Cruz County. A substantial acreage offering in a desirable rural location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 860,310 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 21% |
| Baths | 1.0 | 3.0 | 17% |
| Square foot | 800 | 1,991 | 7% |
| Lot Size | 860,310 | 93,654 | 93% |
| Price | $2.10M | $1.25M | 79% |
| Price per sq ft | $2.6K | $633 | 93% |
| Built year | 1956 | 1978 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 198 | 3% |
Pricing History
Listed for Sale
Feb 6, 2026
$2,100,000
Initial Listing












