138 Wood Rd, Los Gatos, CA 95030

$2,795,000
List Price
$2,795,000
MLS#
ML81634862
Status
ACTIVE
Zoning
HR5
Lot Size
150,282
Neighborhood
Los Gatos/Monte Sereno

Property Description

Absolutely breathtaking PANORAMIC VIEWS LESS THAN 1/2 MILE from downtown Los Gatos shops & restaurants with award winning Los Gatos schools! Rarity of this combination cannot be overstated. Restore/expand existing 2,700SF home for a HUGE profit OR build a TRULY MAGNIFICENT ESTATE on effectively 3.45 acres with incredible privacy and serenity drenched in full sunshine all day long! Large flat build site on top and 2 other sites below (guest house, tennis court, and/or...?). Value is in the land. Priced WELL BELOW recent land appraisal. Included: contoured site map, soils report, utility study, more. Exclusive use easement to be recorded with sale makes lot effectively 3.45 acres (legal lot size 4.32 acres). Common item maintenance documents may be recorded (actual fees TBD) prior to COE. Listing agent has financial interest in property. NOTE: Adjacent effective 1.5 acre lot is also available with plans for a STUNNING contemporary 5/4.5 in 4,500SF: Lots and Land MLS listing #ML81581835.

Additional Information

Acres
3.45
Development Status
Build to Suit, Design Review Required, Improvements - Other, Map Recorded, May Not Be Subdivided, Other - Call Listing Agent, Recorded Parcel Map
Existing Crops
None
Fence
Other
Lot Description
Additional Land Available, Grade - Hillside, Grade - Sloped Down, Private/Secluded, Surveyed, Views
Lot Size
150,282
Neighborhood
Los Gatos/Monte Sereno
Other Utilities
Electricity - On Site, Gas - Not On Site, Public Utilities
Parcel Access
Accessible, City Street, Paved Road, Private Road
Present Use
Single Family
Sewer
Sewer - Private, Sewer - Public, Sewer Connected
Unincorporated Yn
Yes
View
Bay View, Canyon View, City, View of City Lights, Downtown, Greenbelt, Hills, View of Mountains, Panoramic, Ridge, Special, Valley View, Water
Zoning
HR5

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.

Listing courtesy of David Propach from Coldwell Banker Residential Brokerage

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