
Los Gatos, California 95033
This Spacious Mountain Estate represents a High-Potential Investment Opportunity, currently listed at a List Price of $1,698,000, which aligns with its $1,698,000 Fair Market Value. While the property is priced at market, the significant 4-acre lot size and 4,078 sqft of living space provide substantial room for value-add improvements. With a Condition Rating of 4, the home requires cosmetic updates, supported by a provided flooring credit. Featuring mountain views, a generator backup, and RV parking, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable, private retreat.
Property is moderate renovation needed.
Built in 1977, the home is well-maintained but significantly dated. The kitchen features older tile countertops and dark wood cabinetry, while the bathrooms show heavy wood paneling and vintage fixtures consistent with a 30+ year old renovation. The listing's offer of a flooring credit confirms the need for interior updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 169884, living area = 4078.
Situated on nearly 4 park-like acres with mature fruit trees and a barn, this property offers exceptional privacy and space for orchards, vineyards, or outdoor hobbies just 20 minutes from downtown.
With over 4,000 square feet of living space including an office, flex rooms, and a large attic, the home provides significant volume and versatility for multi-generational living or customization.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =169884, other record lot size in square feet = 169971. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Having spent 67 days on the market with a significant price adjustment, the property may be facing challenges related to its specific mountain location or initial overvaluation.
The specific mention of a flooring credit suggests that the interior finishes are likely dated or in need of replacement, requiring immediate post-closing investment from the buyer.
Motivated, owner financing available. Live your dream in the Santa Cruz Mountains on nearly 4 private, park-like acres, just 20 minutes from downtown Los Gatos and located within one of CA sought-after school districts. This beautifully maintained home offers the perfect blend of privacy and comfort, with numerous upgrades throughout. Featuring 3 beds, 3 baths, an office, and several additional flexible-use rooms, the home can easily be customized to fit your lifestyle and needs. Natural light fills the spacious interior, while the chef's kitchen is perfect for everyday living and entertaining. Additional features include an oversized garage, generator backup system, RV and boat parking, and outdoor space to expand your vision. The property is dotted with mature fruit trees and offers plenty of room for additional orchards, gardens, or even a small vineyard. Appreciate the peaceful setting and endless possibilities. A small barn, which could also be a detached workshop/man cave, and outbuildings provide exceptional flexibility for hobbies, storage, or creative projects. Whether you're seeking an entertainer's paradise or a unique property with room to grow, this exceptional Los Gatos home delivers. We are offering a flooring credit. Huge attic for an additional room.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.8 |
| Baths | 3.0 | 3.0 |
| Square foot | 4,078 | 2,245.623 |
| Lot Size | 169,884 | 24,726.519 |
| Price | $1.50M | $2.78M |
| Price per sq ft | $367 | $1.2K |
| Built year | 1977 | 1970 |
| HOA | $0 | $194 |
| Days on market | 107 | 42 |
Oct 15, 2026
$1,495,000
$1,698,000
-12% Price Drop
Initial Listing
Aug 21, 2026
$1,698,000
$1,798,000
-6% Price Drop
Initial Listing
Jul 9, 2026
$1,798,000
Initial Listing