24733 Loma Prieta Avenue, Los Gatos, California 95033, Los Gatos, 95033 - 4 bed, 4 bath
24733 Loma Prieta Avenue
Los Gatos, California 95033
Property Price
SUMMARY
Analysis of 24733 Loma Prieta Avenue, Los Gatos, California 95033 is currently available with a list price of $3,000,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 land value only, full reconstruction required.
The property was built in 1952 and is explicitly described as being in 'original condition,' indicating no major renovations have occurred in over 70 years. This aligns with the tear-down criteria of being built over 50 years ago without significant updates. The listing emphasizes the 21-acre lot and the need for a total modernization of all systems, suggesting the value lies primarily in the land and redevelopment potential.
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 = 930964, living area = 2558.
- Expansive Private Acreage
Spanning over 21 acres in the Los Gatos mountains, this property offers an extraordinary amount of space and privacy, featuring natural terrain and established pear cultivation areas.
- Rare Development Opportunity
As a long-held family estate in original condition, this property presents a unique 'blank canvas' for buyers looking to create a custom luxury mountain retreat from the ground up.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
The residence remains in its original 1952 condition, necessitating a significant capital investment to modernize the interior, systems, and structural elements to current standards.
- Infrastructure Uncertainties
Prospective buyers face potential complexities regarding mountain utilities, access rights, and zoning permits, requiring thorough and potentially costly due diligence.
About 24733 Loma Prieta Avenue
Offered through the Kennedy Estate. Set on 21.37 acres in the Los Gatos mountains, this property features a 2,559 square foot home built in 1952 with five bedrooms and three and a half bathrooms. The residence has been held by the Kennedy family for many years and remains in original condition, offering a rare opportunity for buyers seeking a large acreage setting with long established improvements. The land includes natural terrain, mature trees, and areas used for pear cultivation. A unique chance to own a substantial mountain property with privacy and space. Buyers are advised to verify all property details, including utilities, access, zoning, permits, square footage, with the appropriate county agencies.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 930,964 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 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 | 4.0 | 3.0 | 69% |
| Baths | 4.0 | 3.0 | 90% |
| Square foot | 2,558 | 2,037 | 66% |
| Lot Size | 930,964 | 93,654 | 93% |
| Price | $3.00M | $1.25M | 86% |
| Price per sq ft | $1.2K | $633 | 93% |
| Built year | 1952 | 1978 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 198 | 3% |
Pricing History
Listed for Sale
Feb 13, 2026
$3,000,000
Initial Listing