359 Penn Way, Los Gatos, California 95032, Los Gatos, 95032 - 3 bed, 2 bath
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359 Penn Way
Los Gatos, California 95032
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,332Sq Ft
6,262Lot Size
Property Price
LIST PRICE$2,298,000
EST. MARKET VALUE
$2,303,088
SUMMARY
This Stunning Move-In Ready Home is listed at $2,298,000, offering exceptional value right at its $2,303,088 Fair Market Value. Featuring a completely remodeled interior, modern HVAC systems, and a private patio, the property boasts an Excellent Condition Rating requiring zero immediate work. Situated in the highly desirable Los Gatos area and served by the Union Elementary School District, this listing combines financial stability with lifestyle luxury. It is the perfect fit for a growing family or discerning professionals seeking a polished, stress-free transition in a prime location.
Estimated Market Value
$2,303,088
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 |
|---|---|---|---|---|---|---|
★ 359 Penn Way Subject | $2,298,000* List Price | 3 | 2 | 1,332 | $1,729 | - |
A 219 Longridge Road Sold | $2,150,000 | 4 | 2 | 1,388 | $1,549 | 0.3 mi |
B 15534 Linda Avenue Sold | $2,152,000 | 2 | 2 | 1,118 | $1,925 | 0.5 mi |
C 939 Cherrystone Drive Sold | $2,801,000 | 3 | 2 | 1,735 | $1,614 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
This 1960s home has been completely remodeled with modern finishes, including new windows, recessed lighting, and updated flooring throughout. The exterior features a new paver driveway and fresh landscaping, while the interior systems like central HVAC and updated bathrooms indicate a recent, high-quality renovation under 5 years old.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Condition
The home has been completely remodeled, offering a modern, move-in-ready interior with updated flooring and finishes that appeal to buyers seeking a hassle-free transition.
- Prime Location & Schools
Situated in the highly desirable Los Gatos area and served by the reputable Union Elementary School District, ensuring strong long-term property value and access to quality education.
- Modern Climate Control
Equipped with both central forced air gas heating and central air conditioning, providing year-round comfort that is often a premium upgrade in homes of this era.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2026-04-30. The sold price is $1,900,000.00.
- Limited Square Footage
With only 1,332 square feet of living space, the home may feel compact for families or those requiring more interior room at this significant price point.
- Lack of Formal Dining
The floor plan features an eat-in kitchen area but lacks a dedicated formal dining room, which may be a drawback for buyers who prioritize traditional entertaining spaces.
About 359 Penn Way
Located in Los Gatos, this completely remodeled home offers a comfortable living space on a 6,262 sq ft lot. The residence features three bedrooms and two full bathrooms, including a primary bath with a stall shower and additional bathrooms with tile and shower-over-tub options. Flooring throughout the home includes tile, vinyl/linoleum, and hardwood, providing a mix of textures and styles. The property includes a separate family room with a wood-burning fireplace, along with an additional fireplace situated in another location of the home. The kitchen features an eat-in area without a formal dining room. Central forced air gas heating and central AC provide year-round comfort. Laundry hookups with gas, electricity (220V), and access in the garage add convenience. The attached two-car garage completes the property. This home falls within the Union Elementary School District.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 6,262 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 | 1,332 | 2,311.559 |
| Lot Size | 6,262 | 29,516.661 |
| Price | $2.30M | $2.79M |
| Price per sq ft | $1.7K | $1.2K |
| Built year | 1960 | 1971 |
| HOA | $0 | $217 |
| Days on market | 14 | 42 |
Pricing History
Listed for Sale
Aug 26, 2026
$2,298,000
Initial Listing
Sold
Apr 30, 2026
$1,900,000
Public Record