2950 Bear Canyon Road, Los Gatos, California 95033, Los Gatos, 95033 - 3 bed, 2 bath
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2950 Bear Canyon Road
Los Gatos, California 95033
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,750Sq Ft
767,266Lot Size
Property Price
LIST PRICE$625,000
EST. MARKET VALUE
$611,670
SUMMARY
This Off-Grid Mountain Retreat presents a High-Potential Investment Opportunity with a List Price of $625,000—positioned well above the $611,671 Fair Market Value by -2%. While the property requires modernization, its Fair Condition Rating is offset by 17 acres of private land and a location in the Los Gatos school district. Featuring spacious decks and a detached two-car garage, this asset offers significant upside for those seeking a private sanctuary. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to customize a mountain estate.
Estimated Market Value
$611,670
Based on Realkey algorithm analyzing recent comparable sales in Los Gatos.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2950 Bear Canyon Road Subject | $625,000* List Price | 3 | 2 | 1,750 | $350 | - |
A 3500 Bear Canyon Road Active Under Contract | $485,000 List Price | 2 | 3 | 1,200 | $404 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1973, the property has received recent cosmetic updates including new LVP flooring and fresh interior paint. However, the bathrooms remain partially dated with older fixtures and tile work, and the exterior wood decking shows significant weathering and age-related wear, placing it in the 'Fair' category requiring minor repairs and further modernization.
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 = 767266, living area = 1750.
- Expansive Private Acreage
Set on 17 private acres within a gated 300-acre community, this property offers exceptional privacy and vast usable land for horses, hiking, and outdoor recreation.
- Top-Tier School District
The property is located within the highly regarded Los Gatos school district, a significant value driver that typically ensures strong long-term property appreciation.
CONSRISKS & DEFICIENCIES
- Off-Grid Requirements
The off-grid nature of the home requires specialized maintenance of power and water systems, which may limit the buyer pool and complicate traditional financing options.
- Remote Accessibility
Located approximately 30 minutes from town and everyday conveniences, the remote mountain location may be a drawback for those requiring frequent commutes or quick access to services.
About 2950 Bear Canyon Road
Set on 17 private acres in the Santa Cruz Mountains, this off-grid 3 bedroom, 2 bathroom property offers privacy, space, and a great setup for those looking for a horse property or peaceful mountain retreat. With plenty of usable land for riding, exploring, or enjoying the outdoors, the property also offers space for hiking trails, mountain biking, ATV adventures, and more. The home is designed to take advantage of the natural surroundings with spacious decks ideal for outdoor dining, entertaining, or relaxing under the stars. A detached two-car garage adds extra flexibility for storage, hobbies, or workshop space. Inside, recent updates include durable LVP flooring and a comfortable layout with abundant natural light. Located within a gated ~300 acre community, the property feels private and tucked away while still being about 30 minutes from town and everyday conveniences. Set within the highly regarded Los Gatos school district, this is a rare opportunity to enjoy acreage, privacy, and mountain living with room to make it your own.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1973
- Lot Size
- 767,266 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 3.0 | 3.8 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,750 | 2,311.559 |
| Lot Size | 767,266 | 29,516.661 |
| Price | $625.0K | $2.79M |
| Price per sq ft | $357 | $1.2K |
| Built year | 1973 | 1971 |
| HOA | $0 | $217 |
| Days on market | 162 | 42 |
Pricing History
Listed for Sale
May 23, 2026
$625,000
$650,000
-4% Price Drop
Initial Listing
Price Change
Mar 31, 2026
$650,000
Initial Listing
Sold
Aug 5, 2005
$440,000
Public Record
Sold
Apr 4, 2003
$320,000
Public Record