576 W Parr Avenue 21, Los Gatos, California 95032, Los Gatos, 95032 - 2 bed, 1 bath
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Los Gatos, California 95032
This 55+ Gated Condominium presents a High-Potential Investment Opportunity, listed at $569,000—positioned well above the $506,642 Fair Market Value by -12%. While priced at a premium, the property offers a Condition Rating of 4, featuring engineered hardwood floors and central HVAC in a prime Los Gatos location. Residents enjoy gated pool, spa, and elevator access. Given the age-restricted nature and high HOA fees, this is a lifestyle-focused acquisition ideal for Active Retirees or Downsizing Homeowners seeking a secure, low-maintenance residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 576 W Parr Avenue 21 Subject | $569,000* List Price | 2 | 1 | 934 | $542 | - |
A 576 W Parr Avenue 3 Sold | $550,000 | 2 | 1 | 934 | $589 | 0.0 mi |
B 576 W Parr Avenue 1 Sold | $530,000 | 2 | 1 | 934 | $567 | 0.0 mi |
C 14225 Lora Drive 9 Sold | $428,000 | 2 | 1 | 996 | $430 | 0.7 mi |
D 14225 Lora Drive 70 Sold | $462,000 | 2 | 1 | 996 | $464 | 0.8 mi |
E 576 W Parr Avenue 32 Active | $595,000 List Price | 2 | 2 | 1,054 | $565 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987 (37 years old), the property features recent cosmetic updates including fresh paint and engineered hardwood floors. However, the kitchen remains dated with original-style tile countertops and older white appliances, requiring modernization to meet current standards.
The property is ideally situated near Downtown Los Gatos and Vasona Lake County Park, offering residents easy access to premium shopping, dining, and outdoor recreation.
Featuring freshly painted walls, engineered hardwood floors, and central HVAC, this condo offers a modern and comfortable living space that requires no immediate updates.
The gated community provides secure underground parking, elevator access, and a private storage room, ensuring safety and convenience for its residents.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =954, other record lot size in square feet = 1587.
As a 55+ senior living development, the property has a limited pool of potential buyers, which can impact marketability and future resale opportunities.
The $690 monthly association fee is relatively high and represents a significant ongoing carrying cost that may affect affordability for those on fixed incomes.
Enjoy comfortable Los Gatos living in this desirable 55+ gated community, just minutes from Downtown Los Gatos and Vasona Lake County Park. This spacious 2-bedroom, 1-bath condo features a freshly painted interior, central heat and air conditioning, engineered hardwood floors throughout, and an oversized private balcony. Enjoy secure underground assigned parking a personal private storage room, and elevator access. Community amenities include a gated pool, spa, BBQ area, and recreation room with a full kitchen. One occupant 55+, 2nd occupant 45+, but buyers could be younger. Conveniently located near Highways 17 and 85, this is an excellent opportunity to enjoy low-maintenance living in a sought-after Los Gatos location.
No exterior & parking available.
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 934 | 1,452 |
| Lot Size | 954 | - |
| Price | $569.0K | $1.06M |
| Price per sq ft | $609 | $846 |
| Built year | 1987 | 1978 |
| HOA | $690.0 | $447 |
| Days on market | 13 | 59 |
Jul 9, 2026
$569,000
Initial Listing
Oct 17, 2023
$650,000
Public Record
Oct 4, 2016
$470,000
Public Record
Oct 12, 2007
$425,000
Public Record