
Los Gatos, California 95033
This Mountain Retreat represents a Strong Value Opportunity, listed at $998,000, which aligns with its $998,000 Fair Market Value. While the property maintains a Condition Rating of 4, it offers significant upside through cosmetic modernization. The expansive 2.7-acre lot provides rare usable space, a high-production well, and extensive parking, making it a versatile asset. With its serene forest setting and treetop views, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a private, nature-focused lifestyle with homesteading potential.
Property is moderate renovation needed.
Built in 1977, this property is nearly 50 years old. While the exterior and grounds are well-maintained with newer artificial turf and decking, the interior features dated wood paneling and a kitchen style that appears to be 20+ years old. It is functional and move-in ready but requires cosmetic and system updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 118918, living area = 1440.
The property features nearly 2.7 acres of land with rare flat usable space, offering significant potential for gardening, homesteading, or outdoor recreation in a mountain setting.
Situated on a quiet forest road with no valley noise, the home provides a serene environment with treetop views and excellent privacy while remaining close to local amenities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =118918, other record lot size in square feet = 117612.
With 96 days on the market and multiple significant price reductions, the property has struggled to find a buyer at its initial valuation points.
The 2-bedroom, 1-bathroom layout may be restrictive for larger families or buyers seeking more modern residential utility and convenience.
Is a mountain escape calling you? This cottage hideaway is a must see and full of potential! No valley noise, down a beautiful forest road, and just minutes from delicious food from Summit Grocery, Friday Farmer's Market, and Taylor Farm Stand! Flat usable space, privacy, sun and shade, outdoor enjoyment patios and an easy maintenance yard. Unwind surrounded by nature and inside the home cozy up to the warm, soft glow of the pellet stove. 2 upstairs bedrooms feature views into the treetops like you're in a treehouse. Ground floor has the full bath with great natural light, and a living room with sliding glass doors opening onto the back balcony. Breakfast bar opens to a brick laid patio and backyard. Light, bright kitchen perfect to grow herbs, and you can prep meals on a gas stove. Low-maintenance fake grass, high-production private water well great for the gardener and homesteading. Store all your holiday decor, crafts you swear you'll use one day, sports collectibles and more in the outbuilding, or the shed. Addt'l 3rd garden shed. So much parking! Covered for large vehicle or 2, plus parking for 4+ cars, plus RV. Close by are dog-friendly award winning wineries, or cruise the redwoods along historic Soquel San Jose Rd. to Santa Cruz to the beach!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.8 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,440 | 2,311.559 |
| Lot Size | 118,918 | 29,516.661 |
| Price | $998.0K | $2.79M |
| Price per sq ft | $693 | $1.2K |
| Built year | 1977 | 1971 |
| HOA | $0 | $217 |
| Days on market | 106 | 42 |
Aug 14, 2026
$998,000
$1,099,000
-9% Price Drop
Initial Listing
Jun 19, 2026
$1,099,000
$1,199,000
-8% Price Drop
Initial Listing
May 26, 2026
$1,199,000
Initial Listing
May 25, 2010
$475,000
Public Record
May 6, 2005
$668,000
Public Record
Apr 8, 1998
$374,000
Public Record