449 Alberto Way 131, Los Gatos, California 95032, Los Gatos, 95032 - 2 bed, 2 bath
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449 Alberto Way 131
Los Gatos, California 95032
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,076Sq Ft
0Lot Size
Property Price
LIST PRICE$599,000
EST. MARKET VALUE
$599,000
SUMMARY
This Move-in Ready 55+ Condominium is listed at $599,000, reflecting a stable price point aligned with its $599,000 Fair Market Value. Featuring a Condition Rating of 3, the residence offers modern updates including a Granite Kitchen and an Enclosed Private Patio. Located in a premier community near downtown, it provides access to top-tier education, including Los Gatos High School (10/10). While the monthly HOA fee is notable, the property’s turnkey status and proximity to local amenities make it an ideal sanctuary for active retirees or downsizers seeking a low-maintenance lifestyle.
Estimated Market Value
$599,000
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 |
|---|---|---|---|---|---|---|
★ 449 Alberto Way 131 Subject | $599,000* List Price | 2 | 2 | 1,076 | $557 | - |
A 449 Alberto Way 132 Sold | $625,000 | 2 | 2 | 888 | $704 | 0.0 mi |
B 443 Alberto Way B218 Active | $549,950 List Price | 2 | 1 | 768 | $716 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the building dates to 1980, the unit has undergone significant renovations likely within the 5-15 year range. The kitchen features updated granite countertops, white cabinetry, and newer stainless steel appliances. Bathrooms have been modernized with contemporary tile work and glass enclosures. The property appears well-maintained and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Louise Van Meter Elementary School (9/10). Middle School: C. T. English Middle School (9/10). High School: Los Gatos High School (10/10).
- Prime Location
Situated just moments from vibrant Downtown Los Gatos, the property offers exceptional access to high-end dining, boutique shopping, and scenic walking trails.
- Modern Interior Finishes
The residence features a tastefully updated kitchen with granite countertops and newer appliances, complemented by a light-filled open layout and radiant heating.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $876 is significant and may impact the overall affordability and monthly carrying costs for potential buyers.
- Age-Restricted Community
As a 55+ senior living community, the property has a restricted buyer pool, which limits resale liquidity compared to non-age-restricted condominiums.
About 449 Alberto Way 131
Welcome to Los Gatos Commons, one of the areas most desirable 55+ communities, just moments from vibrant Downtown Los Gatos. This beautifully ground-floor residence features a light-filled open layout with radiant heating and stylish modern finishes throughout. The kitchen showcases elegant granite countertops, white cabinets, newer fixtures including a stove, microwave, and dishwasher. Both spacious bedroom suites offer comfort and privacy, while the enclosed private patio provides a peaceful space to relax and enjoy the tranquil surroundings. Enjoy a serene lifestyle with easy access to shopping, dining, walking trails, and all the charm of Downtown Los Gatos. Convenient access to Highway 17 makes commuting simple while still enjoying the comfort and quiet of this welcoming community.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1980
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $876.0 / Month
Neighborhood Insights
Los Gatos Unified Schools
Louise Van Meter Elementary School
Grades K-5 • 0.4 mi
9/10
Loma Prieta Elementary School
Grades K-5 • 7.4 mi
8/10
Raymond J. Fisher Middle School
Grades 6-8 • 0.4 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 1.8 |
| Square foot | 1,076 | 1,297.833 |
| Lot Size | - | 1,130 |
| Price | $599.0K | $1.06M |
| Price per sq ft | $557 | $868 |
| Built year | 1980 | 1988 |
| HOA | $876.0 | $539 |
| Days on market | 103 | 73 |
Pricing History
Listed for Sale
Aug 4, 2026
$599,000
$615,000
-3% Price Drop
Initial Listing
Price Change
Jun 27, 2026
$615,000
$625,000
-2% Price Drop
Initial Listing
Price Change
May 29, 2026
$625,000
Initial Listing
Sold
Dec 5, 2014
$460,000
Public Record
Sold
Aug 10, 2006
$440,000
Public Record
Sold
Sep 8, 2004
$310,000
Public Record
Sold
May 10, 1995
$145,000
Public Record