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805 Old Mill Pond Road, Los Gatos, California 95033, Los Gatos, 95033 - 4 bed, 3 bath

805 Old Mill Pond Road, Los Gatos, California 95033 home-pic-0
ACTIVE$1,499,000
805 Old Mill Pond Road, Los Gatos, California 95033
4Beds
3Baths
2,790Sqft
92,696Lot

Price Vs. Estimate

The estimated value ($1,499,000) is $0 (0%) lower than the list price ($1,499,000). This property may be overpriced.

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 = 92696, living area = 2790.
Top Cons:
Commute Time to Downtown: While offering tranquility, the 20-minute drive to downtown Los Gatos may be considered a longer commute for some buyers who prioritize immediate access to urban amenities and services.

Compared to the nearby listings

Price:$1.50M vs avg $1.25M (+$254,000)68%
Size:2,790 sqft vs avg 2,061 sqft73%
Price/sqft:$537 vs avg $66020%

More Insights

Built in 1989 (36 years old).
Condition: The property features a recently remodeled, state-of-the-art kitchen with high-end appliances and modern finishes, along with updated living areas including new paint, plush carpeting, and hardwood floors. While the home was built in 1989, these significant cosmetic updates make it largely move-in ready. However, the bathrooms, particularly the master vanity and the second bathroom, show dated finishes (e.g., older tiled countertops, floor tiles, and shower enclosures) that would likely be targeted for future renovation by a new owner, preventing an 'Excellent' rating. The age of core systems is also a consideration, though they are presumed functional.
Year Built
1989
Close
-
List price
$1.5M
Original List price
$1.63M
Price/Sqft
$537
HOA
-
Days on market
-
Sold On
-
MLS number
ML81996652
Home ConditionGood
Features
Excellent View: Mountain(s)
Deck
ViewMountain(s)

About this home

Sophisticated living in a tranquil and blissful setting. This beautifully crafted home offers 2,790 square feet of refined living space, set on a sprawling 2.13-acre lot with an additional 7.17-acre parcel A perfect blend of luxury and nature.Step inside to discover an open floor plan filled with natural light, thanks to abundant windows and skylights. The home features 4 spacious bedrooms and 2.5 elegantly designed bathrooms.Open beam ceilings and hardwood floors enhance the modern aesthetic, while fresh paint and new plush carpeting add a touch of contemporary comfort.The dream kitchen, just recently remodeled, is equipped with state-of-the-art amenities, ideal for both daily living and entertaining. Enjoy cozy evenings by the fireplace or stay cool with central air conditioning.Outside, a large deck provides the perfect setting for gatherings, overlooking expansive natural surroundings. A separate workshop offers potential for a wine cellar or extra storage, accessible from the garage.Conveniently located just 20 minutes from downtown Los Gatos, this home is a haven for those seeking tranquility with easy access to city life. Don't miss the opportunity to own this stunning property. Loma Prieta,CT English Middle and Los Gatos High.

Condition Rating
Good
The property features a recently remodeled, state-of-the-art kitchen with high-end appliances and modern finishes, along with updated living areas including new paint, plush carpeting, and hardwood floors. While the home was built in 1989, these significant cosmetic updates make it largely move-in ready. However, the bathrooms, particularly the master vanity and the second bathroom, show dated finishes (e.g., older tiled countertops, floor tiles, and shower enclosures) that would likely be targeted for future renovation by a new owner, preventing an 'Excellent' rating. The age of core systems is also a consideration, though they are presumed functional.
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 = 92696, living area = 2790.
Expansive & Private Lot: The property boasts a significant 9.3-acre combined lot (2.13 acres + 7.17 acres), offering exceptional privacy, tranquility, and a deep connection to nature, a rare find in the Los Gatos area.
Recently Remodeled Kitchen: The 'dream kitchen' has been recently remodeled with state-of-the-art amenities, providing a modern and highly functional space that appeals to contemporary buyers.
Modern & Bright Interior Design: Featuring an open floor plan, abundant natural light from windows and skylights, open beam ceilings, hardwood floors, fresh paint, and new carpeting, the home offers a sophisticated and inviting aesthetic.
Comfort Amenities: The inclusion of central air conditioning ensures comfort during warmer months, complemented by a cozy fireplace for cooler evenings, enhancing year-round livability.
Desirable School District: Located within the highly-regarded Loma Prieta, CT English Middle, and Los Gatos High school districts, making it a strong draw for families prioritizing education.

Cons

Commute Time to Downtown: While offering tranquility, the 20-minute drive to downtown Los Gatos may be considered a longer commute for some buyers who prioritize immediate access to urban amenities and services.
Recent Price Reductions: The property has undergone multiple price reductions from its original listing price, which could suggest initial overpricing or market resistance, potentially raising questions for prospective buyers.
Age of Core Systems: Built in 1989, the property is 35 years old. While cosmetic updates are noted, core systems (e.g., plumbing, electrical, roof) not explicitly mentioned as new may be original or nearing end-of-life, potentially requiring future investment.

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