15098 Elm, Monte Sereno, California 95030, Monte Sereno, - bed, bath

home-pic
ACTIVE$3,998,000
15098 Elm, Monte Sereno, California 95030
4Beds
3Baths
2,323Sqft
60,053Lot
Year Built
1980
Close
-
List price
$4M
Original List price
$4M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82018208
Home ConditionGood
Features
Good View:
Deck
Patio
View-

About this home

Experience the perfect blend of elegance, tranquility, and convenience at 15098 Elm Park in Monte Sereno. Situated on approximately 1.37 acres of picturesque land, this exceptional property offers a rare combination of privacy and proximity just minutes from vibrant Downtown Los Gatos. The updated residence features a remodeled chefs kitchen, designed with both style and functionality in mind, making it the heart of the home. Majestic oak trees frame the property, creating a truly serene and scenic setting, ideal for those seeking peace and connection to nature. Designated as horse property with allowance for up to two horses, this home offers unique lifestyle possibilities from equestrian enjoyment to expansive gardens or even vineyard dreams. Beyond its current charm, it presents incredible potential for developers, those envisioning their dream estate, or possible SB9 subdivision to create something extraordinary. All of this is located within the highly coveted Los Gatos school district, making it an exceptional choice for families. With its blend of natural beauty, refined updates, and boundless potential, 15098 Elm Park is more than just a home its a rare opportunity to craft the future youve been dreaming of.

Price History

Date
Event
Price
08/27/25
Listing
$3,998,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (41 Listings)
Beds44
50%
Baths33
50%
Square foot2,3232,573
40%
Lot Size60,05310,857
90%
Price$4M$3.55M
62%
Price per square foot$1,721$1,395.5
83%
Built year19809765979
69%
HOA
Days on market69154
12%
Condition Rating
Good

The property, built in 1980, has undergone significant updates, particularly a 'remodeled chef's kitchen' as stated in the description and evidenced by modern stainless steel appliances, white solid-surface countertops, and subway tile backsplash. The main shower also appears recently updated with modern tiling and fixtures. While many elements are updated, such as the wood-look flooring in bedrooms and fresh paint, some original or older stylistic choices remain, like the terracotta-style flooring in the kitchen and living areas, and older tile in a secondary bathroom's tub/shower. The vaulted wood-paneled ceilings are well-maintained but reflect an earlier design era. Overall, the home is move-in ready with no immediate major renovations required, fitting the criteria for a 'Good' condition score, indicating extensive renovation within the last 5-15 years in key areas, but not a full, top-to-bottom 'virtually new' status.
Pros & Cons

Pros

Prime Location & Serene Setting: Located in highly desirable Monte Sereno, offering a tranquil and private environment on 1.37 acres with majestic oak trees, while being just minutes from vibrant Downtown Los Gatos.
Significant Development Potential: Presents exceptional opportunities for developers, those envisioning a custom dream estate, or potential SB9 subdivision to maximize value and utility.
Remodeled Chef's Kitchen: Features an updated, stylish, and highly functional chef's kitchen, serving as a central and appealing hub of the home.
Unique Lifestyle & Equestrian Zoning: Designated as horse property with allowance for up to two horses, enabling diverse lifestyle possibilities such as equestrian pursuits, expansive gardens, or even a private vineyard.
Coveted School District: Situated within the highly sought-after Los Gatos school district, a significant draw for families seeking top-tier education.

Cons

Age of Core Systems/Overall Condition: Built in 1980, and while the kitchen is remodeled, the description does not specify updates to other major systems (e.g., HVAC, plumbing, electrical, roof), which may require future investment.
Modest Home Size for Lot & Price Point: The 2,323 sqft residence is relatively modest for a 1.37-acre lot and a nearly $4M price tag in Monte Sereno, suggesting the primary value is in the land and its development potential, which might not suit buyers seeking a larger, fully updated luxury home without further construction.
High Property Maintenance: The expansive 1.37-acre lot, especially with majestic oak trees and potential for equestrian use or extensive landscaping, implies significant ongoing maintenance costs and effort for the homeowner.

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