
Los Gatos, California 95030
This Estate-Like Los Gatos Residence is a Strong Value Opportunity, listed at $3,898,000—positioned well below the $3,998,000 Fair Market Value by 2%. This valuation gap provides $100,000 in Instant Equity. Boasting a Good Condition Rating, the home features an updated granite kitchen, three-zone HVAC, and an EV charger. Set on a rare one-acre lot with sweeping valley views and a lower-level theatre room, it perfectly balances luxury lifestyle with financial upside. This is an exceptional acquisition for Luxury Buyers or Owner-Occupants seeking a private sanctuary.
Property is move-in ready.
While built in 1974, the property has undergone significant updates that place it in the 'Good' category. The kitchen features granite countertops and stainless steel appliances, and the bathrooms have been modernized with similar finishes. The inclusion of a three-zone HVAC system and an electric car charger indicates that the mechanical and electrical systems have been updated. The overall condition is well-maintained and move-in ready, consistent with a renovation performed within the last 5-15 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43557, living area = 3789.
Situated on a rare one-acre lot in the coveted Oakwood neighborhood, this property offers an unparalleled level of privacy and a tranquil, estate-like setting that is difficult to find in Los Gatos.
With over 3,700 square feet featuring five bedrooms, a dedicated office, and a lower-level theatre room with a wet bar, the home provides exceptional flexibility for large families or multi-generational living.
A recent price reduction from the original listing price suggests the property may have faced initial challenges in meeting market expectations at the $4M threshold.
Built in 1974, the home may require continued capital investment for modern updates or infrastructure maintenance to compete with newer luxury builds in the area.
Set in the highly coveted Oakwood neighborhood of Los Gatos, 727 Bicknell Rd presents a rare opportunity to own an estate-like property on an approx. ONE-ACRE picturesque lot. Surrounded by natural beauty and privacy, the home captures sweeping views and exceptional natural light throughout. The main living area features vaulted ceilings and an effortless flow between the living room, dining area, and updated kitchen w/ granite countertops - ideal for both everyday living + entertaining. The home offers five bedrooms plus an office space, providing flexibility for a variety of lifestyles. The lower level is designed for entertaining w/ a theatre room + wet bar. Expansive windows frame beautiful views from nearly every room, while the large multi-level composite deck creates the perfect setting for relaxing or hosting upcoming summer evenings outdoors. The grounds and sprawling lot offer an unparalleled peaceful + tranquil setting. Additional highlights include three-zone central heat and A/C, an electric car charger, two-car garage, and an additional garage bay ideal for storage or a golf cart. Conveniently located near downtown Los Gatos and Saratoga, La Rinconada Country Club, local schools, and commute routes. Do not miss this - It's time to call 727 Bicknell your HOME!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 72% |
| Baths | 4.0 | 3.0 | 69% |
| Square foot | 3,789 | 2,511 | 76% |
| Lot Size | 43,557 | 20,305 | 79% |
| Price | $3.90M | $3.90M | 48% |
| Price per sq ft | $1.0K | $1.6K | 17% |
| Built year | 1974 | 1962 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 127 | 10% |
Apr 18, 2026
$3,898,000
$3,998,000
-3% Price Drop
Initial Listing
Mar 17, 2026
$3,998,000
Initial Listing
Jun 29, 2018
$3,600,000
Public Record
Apr 27, 2012
$1,500,000
Public Record
Dec 19, 2011
$1,000,000
Public Record