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25054 Highland Way, Los Gatos, California 95033, Los Gatos, 95033 - 2 bed, 2 bath

25054 Highland Way, Los Gatos, California 95033 home-pic-0
ACTIVE$485,000
25054 Highland Way, Los Gatos, California 95033
2Beds
2Baths
764Sqft
233,482Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
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 = 233482, living area = 764.
Top Cons:
Cash Buyers Only (Permit Issues): Due to unpermitted construction, bank financing is unavailable, severely limiting the buyer pool to cash-only transactions.

Compared to the nearby listings

Price:$485.0K vs avg $1.20M ($-716,250)5%
Size:764 sqft vs avg 1,952 sqft8%
Price/sqft:$635 vs avg $66045%

More Insights

Built in 1990 (35 years old).
Condition: Despite being built in 1990, this property has undergone significant and recent renovations, particularly in the key areas of the kitchen and bathrooms. The kitchen features modern white shaker cabinets, stainless steel appliances (refrigerator, range, dishwasher), and contemporary countertops. Both bathrooms are updated with modern vanities, fixtures, and tiled showers/tubs. The interior boasts consistent wood-look tile flooring, and the property benefits from a newly built deck with a hot tub and an efficient off-grid solar system with backup batteries. While some components like the windows and laundry unit appear older, the extensive updates make the home move-in ready with a fresh, modern aesthetic, aligning with the 'Good' condition criteria.
Year Built
1990
Close
-
List price
$485K
Original List price
$495K
Price/Sqft
$635
HOA
-
Days on market
-
Sold On
-
MLS number
ML82011352
Home ConditionGood
Features
Good View: Mountain(s)
Deck
Spa
ViewMountain(s)

About this home

UPDATE! Road to property is now paved. Seller built a deck to enjoy the view and soak in the tub. AND the price is reduced. Come see it again.This is the perfect place to getaway for the weekend or live permanently. Very peaceful and quiet. The well-appointed kitchen includes a refrigerator, range, and dishwasher making meal preparation convenient and efficient.Excellent nearby mountain biking. The living space is enhanced by a warm and welcoming fireplace, perfect for relaxing evenings. The property also features a washer and dryer, adding convenience. Outdoor shed for storage. Home is 'off grid" and boasts of efficient solar panels and back-up batteries. Located 1 mile down a paved road (NO DRIVE-BYS). Unfortunately, bank financing is not available on this home due to the fact that home was built without permits, cash buyers only. Home is shown by appointment only to qualified buyers with proof of funds. 48 hour notice required. NO DRIVE-BYS in respect to neighbors' privacy. Property has about 3/4 acre of useable land around the house. Most of the property is hillside. Owner is currently living in the home but looking to retire out of state. Due to its location, this property has great future potential. Award winning Los Gatos Schools.

Condition Rating
Good
Despite being built in 1990, this property has undergone significant and recent renovations, particularly in the key areas of the kitchen and bathrooms. The kitchen features modern white shaker cabinets, stainless steel appliances (refrigerator, range, dishwasher), and contemporary countertops. Both bathrooms are updated with modern vanities, fixtures, and tiled showers/tubs. The interior boasts consistent wood-look tile flooring, and the property benefits from a newly built deck with a hot tub and an efficient off-grid solar system with backup batteries. While some components like the windows and laundry unit appear older, the extensive updates make the home move-in ready with a fresh, modern aesthetic, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

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 = 233482, living area = 764.
Sustainable Off-Grid Living: The property boasts efficient solar panels and backup batteries, providing self-sufficiency and reduced utility costs.
Peaceful Mountain Retreat: Located 1 mile down a newly paved road, the property offers exceptional privacy and quiet, ideal for a serene getaway or permanent residence.
Enhanced Outdoor Living: A newly built deck with a tub provides an excellent space to enjoy mountain views and the tranquil surroundings.
Award-Winning School District: The property is situated within the highly desirable, award-winning Los Gatos school district, appealing to families.
Value & Future Potential: With a recent price reduction and its unique location, the property presents strong future appreciation potential.

Cons

Cash Buyers Only (Permit Issues): Due to unpermitted construction, bank financing is unavailable, severely limiting the buyer pool to cash-only transactions.
Limited Usable Land: Despite a large overall lot, most of the property is hillside, with only approximately 3/4 acre of usable land around the house.
Strict Showing Requirements: Viewings require 48-hour notice and proof of funds, which may deter some potential buyers and complicate access.

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