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50 Ocean View Road, Los Gatos, California 95033, Los Gatos, 95033 - 2 bed, 2 bath

50 Ocean View Road, Los Gatos, California 95033 home-pic-0
ACTIVE$1,180,000
50 Ocean View Road, Los Gatos, California 95033
2Beds
2Baths
844Sqft
471,755Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
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 = 471755, living area = 844.
Top Cons:
Compact Main Residence: The primary cottage is relatively small at 844 sqft, which may not meet the space requirements for all potential buyers, particularly families.

Compared to the nearby listings

Price:$1.18M vs avg $1.21M ($-30,000)50%
Size:844 sqft vs avg 1,952 sqft10%
Price/sqft:$1.4K vs avg $66998%

More Insights

Built in 1904 (121 years old).
Condition: The property was built in 1904, making it a historic home. While the interior appears clean and well-maintained with fresh paint and updated laminate/engineered wood flooring, the kitchen and bathroom show significant signs of being outdated. The kitchen features functional stainless steel appliances (refrigerator, gas range) but has dated light wood cabinets and basic countertops. The bathroom is very basic with older fixtures and flooring, and a wall-mounted fan, indicating it has not been recently renovated. The property is livable and functional, but the kitchen and bathrooms would require substantial updates to meet current aesthetic and functional standards, aligning with the 'Fair' condition criteria for an aged home maintained with occasional updates but showing outdated major components.
Year Built
1904
Close
-
List price
$1.18M
Original List price
$1.21M
Price/Sqft
$1,398
HOA
-
Days on market
-
Sold On
-
MLS number
ML82007395
Home ConditionFair
Features
Good View: Trees/Woods
Deck
ViewTrees/Woods

About this home

CHARMING 2-BDRM 1.5-BA COTTAGE AND SEPARATE 2-STORY WORKSHOP | GATED DRIVEWAY Live a beautiful life among redwoods on 10.83± ac. and trails! Welcome to a great community! Enjoy peaceful mornings on your deck surrounded by nature and sunsets that shine through the trees. The main home offers an open living room-kitchen, lots of light, and partially finished basement w/half bath, laundry area, and extra space for gym, hobby space, storage, etc. A separate 2-story 1307±sf workshop/studio is a dream for creators, builders, or gearheads alike. Oversized barn door allows for large pieces or equipment, 500lb upper-level hoist, heat, water, plenty of outlets. Imagine this as your art studio, woodworking haven, or hobby spot! 2nd level is full of natural light and treetop views that inspire! Fresh exterior paint! Extremely convenient drive-through driveway encircles both home and workshop. Top schools nearby, and, close to grocery shopping at Summit Store, plus just 12ñ mi. to Capitola taking the famed backroad, Soquel-San Jose Rd.! Cottage previously rented at $2,600/mo., income potential. Whether you're seeking a cozy home, a weekend retreat, or a place to build and create, this property invites you to live, work, and play in harmony with nature.

Condition Rating
Fair
The property was built in 1904, making it a historic home. While the interior appears clean and well-maintained with fresh paint and updated laminate/engineered wood flooring, the kitchen and bathroom show significant signs of being outdated. The kitchen features functional stainless steel appliances (refrigerator, gas range) but has dated light wood cabinets and basic countertops. The bathroom is very basic with older fixtures and flooring, and a wall-mounted fan, indicating it has not been recently renovated. The property is livable and functional, but the kitchen and bathrooms would require substantial updates to meet current aesthetic and functional standards, aligning with the 'Fair' condition criteria for an aged home maintained with occasional updates but showing outdated major components.
Pros & Cons

Pros

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 = 471755, living area = 844.
Expansive & Private Acreage: The property boasts over 10 acres of redwood-filled land with trails, offering unparalleled privacy and a serene natural environment.
Exceptional Multi-Purpose Workshop: A substantial 1307 sqft, 2-story separate workshop/studio, fully equipped with a hoist, heat, water, and ample power, ideal for creative, mechanical, or hobbyist endeavors.
Income & Versatility Potential: Proven rental income history ($2,600/mo) and flexible use as a primary residence, weekend retreat, or a live/work compound.
Desirable Location & Access: Situated in Los Gatos with access to top schools, local amenities like Summit Store, and convenient routes to coastal areas.
Charming & Well-Maintained Cottage: A charming cottage with an open living-kitchen concept, abundant natural light, a partially finished basement, and recent exterior paint.

Cons

Compact Main Residence: The primary cottage is relatively small at 844 sqft, which may not meet the space requirements for all potential buyers, particularly families.
Historic Property Maintenance: Built in 1904, the age of the property suggests potential for higher maintenance costs or the need for significant system upgrades in the future.
Limited Bathroom Facilities: The main cottage offers 1.5 bathrooms, which could be a constraint for multiple occupants or for those seeking more modern amenities.

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