288 Nino Way, Los Gatos, California 95032, Los Gatos, 95032 - 5 bed, 3 bath
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288 Nino Way
Los Gatos, California 95032
ACTIVE
CONDITION: FAIR
5Beds
3Baths
2,877Sq Ft
33,976Lot Size
Property Price
LIST PRICE$3,750,000
SUMMARY
Analysis of 288 Nino Way, Los Gatos, California 95032 is currently available with a list price of $3,750,000. 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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
While this 1896 Victorian is exceptionally well-maintained, the interior renovations (kitchen granite and bathroom vanities/fixtures) appear to be 20-30 years old, placing it in the 'dated' category. The presence of a window AC unit suggests that the HVAC systems are not fully modernized to current luxury standards, and the basement finishes are functional but aged.
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 = 33976, living area = 2877.
- Historic Architectural Character
Built in 1896, this 'Grand Victorian Lady' features soaring ceilings and timeless period details, offering a rare blend of historic elegance and significant scale in the heart of Los Gatos.
- Expansive Private Grounds
The nearly 0.8-acre lot is a standout feature for the area, providing a private estate feel with premium amenities including a bocce ball court, playground, and mature landscaping.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2877, other record living area = 2316. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 6.
- Historic Maintenance Demands
Given the home's 1896 construction, buyers should anticipate higher-than-average maintenance costs and potential infrastructure updates required to preserve a century-old structure.
- Market Momentum
With 45 days on the market and a recent price reduction from the original list price, the property is currently navigating a price discovery phase to align with current buyer demand.
About 288 Nino Way
*A Grand Victorian Lady* a timeless masterpiece in the heart of Los Gatos. Rich in historic character and architectural beauty, this 5-bedroom, 3-bath residence offers 2,877 sq. feet where classic elegance meets everyday comfort. Step inside to soaring ceilings, rich floors, and sun-filled interiors. Gracious living and dining spaces are perfect for entertaining, with warmth and timeless appeal. The spacious kitchen features granite countertops, a gas range, pantry and a sunny breakfast area opening to the morning deck, side yard, and play area, ideal for morning coffee or effortless indoor-outdoor living. A main-level bedroom with an adjacent full bath is perfect for guests or multigenerational living. Upstairs, the primary suite offers a peaceful retreat with an ensuite bath and dual sinks. Behind an elegant entry gate, the expansive grounds feature mature landscaping, a bocce ball court, children's playground, generous entertaining space, ample guest parking, and a spacious three-car garage. Located within the acclaimed Los Gatos Union Elementary School District, this exceptional residence blends timeless Victorian charm with today's lifestyle. Rich in history and filled with character, this is more than a home it's a legacy waiting for its next chapter.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1896
- Lot Size
- 33,976 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 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 |
|---|---|---|
| Beds | 5.0 | 3.8 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,877 | 2,311.559 |
| Lot Size | 33,976 | 29,516.661 |
| Price | $3.75M | $2.79M |
| Price per sq ft | $1.3K | $1.2K |
| Built year | 1896 | 1971 |
| HOA | $0 | $217 |
| Days on market | 47 | 42 |
Pricing History
Listed for Sale
Aug 26, 2026
$3,750,000
$3,890,000
-4% Price Drop
Initial Listing
Price Change
Jul 24, 2026
$3,890,000
Initial Listing
Sold
Jun 20, 1997
$555,000
Public Record