520 Laguna, Los Gatos, California 95033, Los Gatos, 95033 - 2 bed, 2 bath
ACTIVE$499,000
520 Laguna, Los Gatos, California 95033
2Beds
2Baths
2,017Sqft
217,800Lot
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 = 217800, living area = 2017.
Top Cons:
Off-Grid System Management: The off-grid nature requires specific knowledge, ongoing maintenance, and potential initial investment in alternative utility systems, which may deter conventional buyers.
Compared to the nearby listings
Price:$499.0K vs avg $1.20M ($-702,250)5%
Size:2,017 sqft vs avg 2,028.5 sqft50%
Price/sqft:$247 vs avg $6603%
More Insights
Built in 1980 (45 years old).
Condition: The property, built in 1980, features recent cosmetic updates including new manufactured wood flooring, fresh paint, and modern bathroom fixtures. However, the kitchen is a 'semi-blank slate' with new cabinets and countertops but completely lacks major appliances, making it non-functional. The description also implies the off-grid systems need to be 'finished.' While the visible renovated elements are in good condition, the significant incompleteness, particularly the kitchen, means it is not move-in ready and requires substantial investment to become fully functional, placing it in the 'Fair' category.
Year Built
1980
Close
-
List price
$499K
Original List price
$525K
Price/Sqft
$247
HOA
-
Days on market
-
Sold On
-
MLS number
ML81974592
Home ConditionFair
Features
Good View: Mountain(s)
ViewMountain(s)
About this home
This off-grid, two-bedroom, two-bath home is located at the end of a private road, offering utmost privacy. Situated on five acres of unadulterated prime California land, it is ideal for those who crave the peace and quiet that only the mountains can provide. A cheery blue exterior adorns the home's exterior, while the inside features manufactured wood floors and tile throughout. Just 30 minutes to the heart of Los Gatos and, on the other side of the mountain, 30 minutes to Soquel. A semi-blank slate ready for its new owners to put their unique spin on this quaint mountain home. This is your opportunity to finish creating the off-grid home of your dreams - dont miss out!
Condition Rating
Fair
The property, built in 1980, features recent cosmetic updates including new manufactured wood flooring, fresh paint, and modern bathroom fixtures. However, the kitchen is a 'semi-blank slate' with new cabinets and countertops but completely lacks major appliances, making it non-functional. The description also implies the off-grid systems need to be 'finished.' While the visible renovated elements are in good condition, the significant incompleteness, particularly the kitchen, means it is not move-in ready and requires substantial investment to become fully functional, placing it in the 'Fair' category.
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 = 217800, living area = 2017.
Exceptional Privacy & Seclusion: Located at the end of a private road on five acres, offering unparalleled privacy and a tranquil mountain retreat.
Expansive Land Parcel: Five acres of prime California land provides ample space for expansion, outdoor activities, or maintaining natural beauty.
Unique Off-Grid Living: Appeals to a niche market seeking self-sufficiency, reduced utility dependence, and an environmentally conscious lifestyle.
Scenic Mountain Views: Boasts picturesque mountain views, contributing to a peaceful and quiet living environment.
Customization & Value-Add Potential: Described as a 'semi-blank slate,' offering new owners the opportunity to personalize and complete their ideal off-grid home.
Cons
Off-Grid System Management: The off-grid nature requires specific knowledge, ongoing maintenance, and potential initial investment in alternative utility systems, which may deter conventional buyers.
Remote Accessibility: Situated 30 minutes from Los Gatos and Soquel via a private mountain road, which could pose challenges for daily commutes, services, and emergency access.
Additional Investment Required: The property is presented as a 'semi-blank slate' needing completion, implying significant further investment in time and resources for customization and finishing.