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21577 Locust Drive, Los Gatos, California 95033, Los Gatos, 95033 - 3 bed, 3 bath

21577 Locust Drive, Los Gatos, California 95033 home-pic-0
ACTIVE UNDER CONTRACT$995,000
21577 Locust Drive, Los Gatos, California 95033
3Beds
3Baths
1,602Sqft
13,634Lot
Year Built
1920
Close
-
List price
$995K
Original List price
$995K
Price/Sqft
$621
HOA
$135
Days on market
57 Days
Sold On
2026-01-12
MLS number
ML82027755
Home ConditionGood
Features
Good View: Mountain(s)
Deck
Patio
ViewMountain(s)

About this home

Great Deal:The estimated price is 9% above the list price. We found 4 Cons,7 Pros. Rank: price - $995.0K(38th), sqft - 1602(35th), beds - 3(50th), baths - 3(57th).

Discover a unique opportunity to own a charming residence in the heart of Redwood Estates. This versatile property, nestled on a spacious lot, offers flexibility and potential for various living arrangements. Main house features beautiful updates Inside, enjoy the warmth of a pellet stove in the inviting living area, complemented by dual pane windows and laminate flooring throughout. The kitchen is updated with range/oven refrigerator, tile flooring, recessed lighting, and a skylight. French doors lead to an inviting patio with mountain views and a wraparound balcony, offering seamless indoor-outdoor living. The lower unit adds additional space with its tile flooring, dual sliding closets, and exposed wood beams. It also includes a full bath with a stall shower and a kitchen equipped with a granite counter and freestanding oven range. Additional converted garage has 1 bedroom/1 bathroom with shower plus office,kitchen and living space. Amenities include guest parking, garden areas, a Generac generator, public water, comcast internet. Friendly community features, pool, parks, community center, new fire station, village store, cafe and post office. 10 min to town and best Los Gatos Schools: Lexington, Fisher and LG High

Nearby schools

6/10
Lexington Elementary School
Public,•K-5•1.8mi
8/10
Loma Prieta Elementary School
Public,•K-5•3.4mi
9/10
C. T. English Middle School
Public,•6-8•3.4mi
8/10
Raymond J. Fisher Middle School
Public,•6-8•5.6mi
10/10
Los Gatos High School
Public,•9-12•4.7mi

Price History

Date
Event
Price
11/16/25
Listing
$995,000
05/13/08
Sold
$357,000
04/25/08
Sold
$357,500
10/05/05
Sold
$675,000
06/30/03
Sold
$535,000
08/31/95
Sold
$180,000
Condition Rating
Good
Despite being built in 1920, the property has undergone significant updates that make it move-in ready. The main bathroom (Image 5) appears extensively renovated within the last 5-10 years with modern fixtures, double vanity, and marble-look tiling. The main kitchen (Image 6) features a stainless steel refrigerator, black countertops, and a mix of cabinet styles, suggesting an update within the last 10-15 years. The second kitchen (Image 8) is functional with stainless steel appliances and tile flooring. Dual-pane windows and laminate/tile flooring throughout are also positive updates. While the property's age is a factor, the visible renovations align with the 'Good' category, indicating well-maintained systems and updated components, even if not a full, recent top-to-bottom renovation.
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 = 13634, living area = 1602.
Great Schools: Middle School: C. T. English Middle School (9/10). High School: Los Gatos High School (10/10).
Versatile Living Arrangements: The property offers exceptional flexibility with a main house, a separate lower unit, and an additional converted garage featuring a bedroom, bathroom, kitchen, and living space, ideal for multi-generational living, rental income, or dedicated home offices.
Updated Interiors: Both the main house and lower unit boast recent updates, including dual pane windows, laminate and tile flooring, updated kitchens with modern appliances, and recessed lighting, providing a comfortable and contemporary living environment.
Desirable School District: Located within the highly-regarded Los Gatos Union School District, with access to top-rated schools like Lexington Elementary, Raymond J. Fisher Middle, and Los Gatos High, making it very attractive for families.
Community Amenities & Lifestyle: Residents benefit from a friendly community featuring a pool, parks, a community center, village store, cafe, and post office, fostering a strong sense of belonging and convenience.
Outdoor Living & Mountain Views: The property offers inviting outdoor spaces, including a patio and a wraparound balcony accessible via French doors, providing seamless indoor-outdoor living and picturesque mountain views.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1602, other record living area = 774. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Potential Unpermitted Conversions: The description of a 'lower unit' and 'additional converted garage' with full living spaces raises concerns about potential unpermitted additions or ADUs, which could lead to legal, permitting, or financing challenges for a buyer.
Age of Property: Built in 1920, the property is over a century old. While updates are noted, older homes can present ongoing maintenance challenges, potential for hidden structural or infrastructure issues, and may require more significant capital expenditures over time.
Ongoing Association Fee: The presence of a $135 monthly association fee adds an additional recurring cost to homeownership, which is not typical for all single-family residences and could be a deterrent for some buyers.

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