
Los Gatos, California 95033
Analysis of 24733 Loma Prieta Avenue, Los Gatos, California 95033 is currently available with a list price of $2,498,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
The property, built in 1952, is described as being in original condition. While it appears exceptionally well-maintained and clean, the kitchen and bathrooms feature dated cabinetry, older tile work, and mid-century styling that has not been modernized. The home is functional and livable with intact hardwood floors and terracotta tiling, but it lacks contemporary upgrades to major systems, appliances, and fixtures, fitting the criteria for a well-kept but aged property requiring updates.
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.
Spanning over 21 acres in the Los Gatos mountains, this property offers unparalleled privacy and vast space for recreation, expansion, or agricultural pursuits.
The combination of a large lot and a substantial 2,559 square foot existing footprint presents a rare 'blank canvas' opportunity to create a custom luxury estate.
Built in 1952 and remaining in its original state, the residence requires significant modernization and capital investment to meet contemporary luxury standards.
As a large mountain property, buyers face the challenge of verifying and potentially upgrading utilities, access, and zoning permits which can be costly and time-consuming.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 62% |
| Baths | 4.0 | 3.0 | 76% |
| Square foot | 2,558 | 2,213 | 59% |
| Lot Size | 930,964 | 116,283.5 | 91% |
| Price | $2.50M | $1.42M | 85% |
| Price per sq ft | $977 | $655 | 88% |
| Built year | 1952 | 1979 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 68 | 203 | 15% |
Mar 17, 2026
$2,498,000
$3,000,000
-17% Price Drop
Initial Listing
Feb 13, 2026
$3,000,000
Initial Listing