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16760 Magneson Loop, Los Gatos, California 95032, Los Gatos, 95032 - 3 bed, 3 bath

16760 Magneson Loop, Los Gatos, California 95032 home-pic-0
ACTIVE$3,199,000
16760 Magneson Loop, Los Gatos, California 95032
3Beds
3Baths
1,784Sqft
8,145Lot
Year Built
1932
Close
-
List price
$3.2M
Original List price
$3.5M
Price/Sqft
$1,793
HOA
-
Days on market
-
Sold On
-
MLS number
ML82023208
Home ConditionExcellent
Features
Good View: Hills
Pool
Spa
Patio
ViewHills

About this home

Possibly Over-Priced:The estimated price is 3% below the list price. We found 3 Cons,6 Pros. Rank: price - $3.20M(53th), sqft - 1784(16th), beds - 3(21th), baths - 3(50th).

This showstopper luxury home in Los Gatos blends historic charm with a stunning, no-expense-spared interior & a private resort-like backyard. Rebuilt to the subfloors in 2017-2018 with extensive architectural design & city approval, the home's magic is inside & out. The chef's kitchen features a vaulted ceiling with a solar skylight, a substantial island, & professional-grade appliances from Sub-Zero, Wolf, and Miele. Italian wide-plank oak flooring graces the main house, complemented by a modern gas fireplace. A magnificent primary suite offers a custom walk-in closet & a luxurious en-suite bath with walnut cabinetry, high-end Kohler fixtures, & a soaking tub. The flexible third bedroom, a permitted garage conversion, includes a full bath & California Closets storage. As a Control4 smart home, automation manages lighting, integrated audio, & TVs effortlessly. High-end finishes include Andersen Architectural windows, Restoration Hardware lighting, & automated Hunter Douglas window treatments. Climate control features new central HVAC & two tankless water heaters. The spectacular backyard oasis boasts a custom 30-foot lap pool w/ a SwimJet system, a separate luxury spa, & a custom outdoor kitchen w/ Alfresco grill, outdoor TV, & speakers. 1.2 million remodel - Seller has receipts!

Price History

Date
Event
Price
10/28/25
Price Change
$3,199,000-4.5%
10/15/25
Price Change
$3,349,000-4.3%
09/29/25
Listing
$3,498,000
Condition Rating
Excellent
Despite being built in 1932, this property underwent an extensive, 'no-expense-spared' rebuild to the subfloors in 2017-2018, with a documented $1.2 million remodel. This means all major systems and finishes are virtually new and meet current luxury standards. The kitchen features professional-grade Sub-Zero, Wolf, and Miele appliances, a substantial island, and modern finishes, as confirmed by the images. The primary en-suite bath is equally luxurious with high-end Kohler fixtures, walnut cabinetry, a soaking tub, and a spacious walk-in shower with contemporary tiling. Other features like Italian wide-plank oak flooring, Restoration Hardware lighting, new central HVAC, two tankless water heaters, Andersen Architectural windows, and a Control4 smart home system further solidify its excellent condition. The property presents as newly built or fully renovated recently, with no deferred maintenance.
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 = 8145, living area = 1784.
Extensive High-End Renovation: The property underwent a 'no-expense-spared' rebuild to the subfloors in 2017-2018 with extensive architectural design and city approval, backed by $1.2 million in documented remodel receipts, ensuring modern luxury and structural integrity.
Gourmet Chef's Kitchen: Features a professional-grade chef's kitchen with a vaulted ceiling, solar skylight, substantial island, and top-tier appliances from Sub-Zero, Wolf, and Miele, appealing to discerning culinary enthusiasts.
Resort-Like Backyard Oasis: The spectacular backyard boasts a custom 30-foot lap pool with a SwimJet system, a separate luxury spa, and a custom outdoor kitchen with an Alfresco grill, outdoor TV, and speakers, perfect for entertaining and relaxation.
Advanced Smart Home & Premium Finishes: Equipped with a Control4 smart home system for integrated automation of lighting, audio, and TVs, complemented by high-end finishes like Andersen Architectural windows, Restoration Hardware lighting, and automated Hunter Douglas window treatments.
Modern Comforts & Flexible Space: Includes new central HVAC, two tankless water heaters for optimal climate control and efficiency, plus a flexible third bedroom from a permitted garage conversion with a full bath and California Closets storage.

Cons

Price Reduction History: Multiple price reductions from the original list price of $3.498M to the current $3.199M may indicate initial overpricing or market resistance, potentially impacting future appraisal or resale value.
Modest Interior Square Footage: At 1784 sqft, the interior living space might be considered relatively modest for a luxury home in the Los Gatos market, especially given the high price point.
Lack of Dedicated Garage: The garage has been converted into a flexible third bedroom, which, while adding living space, eliminates traditional enclosed parking, a feature often expected in luxury properties.

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