16870 Quarry Road, Los Gatos, California 95030, Los Gatos, - bed, bath
ACTIVE$5,980,000
16870 Quarry Road, Los Gatos, California 95030
7Beds
4Baths
4,354Sqft
1,132,560Lot
Year Built
1970
Close
-
List price
$5.98M
Original List price
$9.98M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82005894
Home ConditionPoor
Features
Excellent View: City Lights, Mountain(s), Valley, Trees/Woods
Deck
Pool
Patio
ViewCity Lights,Mountain(s),Valley,Trees/Woods
About this home
This unique property has been in the family since approx. 1885. It consists of 2 homes on a 3 parcel property with a total combined lot size of 26.2584 ( 532-27-007 - 25.758 acres (1,122,036 sqft ) / 532-27-013 - 0.459 Acres (20,000 sqft) / 529-39-049 - 0.367 Acres (1,600 sqft).Property site is steeply sloped. The Realist data posted on MLS reflects both homes. The main home was built in 1970 and features a 2,559 sqft 3 bdr/2 bath home with a 768 sqft 2 car garage/workshop. The basement, that has been converted to a 2 bdr /1 bath unit without permits, The property also features an upper ADU view home and pool with 1,721 sqft, 4 bdr/2 bath with a 400 sqft garage. The upper home is on a flatter lot featuring city and mountain views for a potential future Estate.
Price History
Date
Event
Price
09/11/25
Price Change
$5,980,000-14.3%
08/14/25
Price Change
$6,980,000-12.5%
08/12/25
Price Change
$7,980,000
05/07/25
Listing
$9,980,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (41 Listings) | |
|---|---|---|---|
| Beds | 7 | 4 | 93% |
| Baths | 4 | 3 | 62% |
| Square foot | 4,354 | 2,661 | 86% |
| Lot Size | 1,132,560 | 10,857 | 98% |
| Price | $5.98M | $3.55M | 86% |
| Price per square foot | $1,373 | $1,382 | 48% |
| Built year | 1970 | 9765979 | 60% |
| HOA | |||
| Days on market | 181 | 157 | 60% |
Condition Rating
Poor
The property, built in 1970, is over 50 years old and shows no evidence of major renovations in the past 30-50 years. The kitchen features outdated white appliances, old cabinets, and fluorescent lighting, requiring a complete overhaul. Bathrooms are similarly dated with old vanities and fixtures. Flooring consists of old carpet and possibly linoleum. While the structure appears sound from the images, the interior is extremely outdated and would require substantial rehabilitation and system replacements (e.g., HVAC, electrical, plumbing) to meet modern standards, making it very uncomfortable to live in its current state without significant investment. The unpermitted basement conversion also adds to the required rehabilitation.
Pros & Cons
Pros
Expansive Acreage & Multiple Parcels: The property spans over 26.25 acres across three distinct parcels, offering unparalleled privacy, vast usable space, and potential for diverse uses.
Multiple Residences & Income Potential: Features two distinct homes (a main residence and an upper ADU view home) plus a converted basement unit, providing flexibility for multi-generational living, guest accommodations, or potential rental income.
Panoramic & Diverse Views: Boasts breathtaking views including city lights, mountains, valleys, and trees, enhancing the property's aesthetic appeal and overall value.
Future Development Potential: An upper, flatter lot with prime views is explicitly noted for its potential as a future estate site, offering significant long-term investment and development opportunities.
Legacy Property & Historical Significance: Having been in the same family since approximately 1885, the property carries a unique historical narrative and a sense of enduring legacy.
Cons
Challenging Topography: The property site is described as 'steeply sloped,' which can limit usable land, complicate development, and potentially increase construction or landscaping costs.
Unpermitted Living Space: The basement has been converted into a 2-bedroom/1-bath unit 'without permits,' posing potential legal and financial liabilities for a buyer, requiring remediation or legalization.
Significant Price Reductions: The list price has seen substantial reductions from an original $9.98M to $5.98M, which may indicate initial overpricing or market resistance, potentially signaling perceived challenges or a difficult valuation.