407 University Avenue, Los Gatos, California 95032, Los Gatos, 95032 - 4 bed, 4 bath
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407 University Avenue
Los Gatos, California 95032
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
2,657Sq Ft
6,050Lot Size
Property Price
LIST PRICE$3,695,000
EST. MARKET VALUE
$3,674,504
SUMMARY
This 2024 New Construction is a High-Potential Investment Opportunity, listed at $3,695,000—positioned slightly above the $3,674,505 Fair Market Value. While priced at market, the property offers exceptional stability through its Mint Condition Rating and high-efficiency design. The inclusion of a fully legal ADU provides significant versatility for rental income or multi-generational living. Located in the prestigious Los Gatos Union School District, this home combines modern luxury with long-term value. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, high-performance residence.
Estimated Market Value
$3,674,504
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 |
|---|---|---|---|---|---|---|
★ 407 University Avenue Subject | $3,695,000* List Price | 4 | 4 | 2,657 | $1,383 | - |
A 491 Bird Avenue Sold | $3,200,000 | 4 | 3 | 1,996 | $1,603 | 0.1 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.
2024 new construction in mint condition. Features high-efficiency systems, modern AV/EV integration, and designer kitchen and bathrooms with premium finishes.
PROSSTRENGTHS & OPPORTUNITIES
- New Construction & Efficiency
As a 2024 build, this high-efficiency home features modern AV and EV capabilities, offering the peace of mind and low maintenance associated with brand-new craftsmanship.
- Legal ADU Versatility
The property includes a fully legal, private ADU with its own entrance and kitchen, providing excellent potential for rental income, a home office, or multi-generational living.
- Premier Location & Schools
Situated in the heart of Los Gatos within the prestigious Los Gatos Union School District, the home offers exceptional walkability and access to top-tier educational institutions.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2657, other record living area = 2063. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Limited Lot Size
With a 6,050 sqft lot accommodating both the main residence and an ADU, outdoor yard space is relatively constrained for a property at this price point.
- High Price per Square Foot
The list price reflects a significant premium for the area, which may be challenging for buyers comparing the total living area against larger traditional single-family estates.
About 407 University Avenue
Thoughtfully crafted, high-efficiency new construction in the heart of Los Gatos. Total square footage with connected ADU 2,657sf. 4 bedrooms and 4 full bathrooms with soaring ceilings, light-filled flexible living and dining spaces, modern AV and EV features, all on a gated lot in the acclaimed Los Gatos Union School District. Complementing the main residence: a private, fully legal ADU with separate entrance, kitchen, living area, bedroom, and full bath. Cameras on site; (no screenshots).
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2024
- Lot Size
- 6,050 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 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 | 4.0 | 3.8 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,657 | 2,311.559 |
| Lot Size | 6,050 | 29,516.661 |
| Price | $3.69M | $2.79M |
| Price per sq ft | $1.4K | $1.2K |
| Built year | 2024 | 1971 |
| HOA | $0 | $217 |
| Days on market | 38 | 42 |
Pricing History
Listed for Sale
Aug 2, 2026
$3,695,000
Initial Listing
Sold
Sep 21, 2020
$1,400,000
Public Record
Sold
Jul 19, 2018
$1,450,000
Public Record
Sold
Mar 28, 2018
$1,650,000
Public Record