23492 Sunset Drive, Los Gatos, California 95033, Los Gatos, - bed, bath
ACTIVE$1,400,000
23492 Sunset Drive, Los Gatos, California 95033
3Beds
3Baths
2,037Sqft
48,657Lot
Year Built
1958
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82022467
Home ConditionPoor
Features
Good View:
Patio
View-
About this home
AWESOME opportunity to put your own creative touches on this sprawling single-story classic rancher with Monterey Bay views and flat lot of over an acre. All original and just perfect to reimagine with today's design. Fantastic location in one of the area's most desirable neighborhoods with no windy roads minutes from Summit Store, schools, and beautiful wineries. Excellent Los Gatos schools. Easy 15 minute drive to dynamic and charming downtown Los Gatos or take the backroad to the coast in just 20 minutes! Hardwood floors, vaulted ceilings, over-sized garage. Quiet cul-de-sac location.
Nearby schools
8/10
Loma Prieta Elementary School
Public,•K-5•0.7mi
7/10
Vine Hill Elementary School
Public,•K-5•4.8mi
9/10
C. T. English Middle School
Public,•6-8•0.7mi
8/10
Scotts Valley Middle School
Public,•6-8•6.9mi
8/10
Scotts Valley High School
Public,•9-12•4.6mi
10/10
Los Gatos High School
Public,•9-12•6.7mi
Price History
Date
Event
Price
10/07/25
Listing
$1,400,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (45 Listings) | |
|---|---|---|---|
| Beds | 3 | 3 | 50% |
| Baths | 3 | 2 | 59% |
| Square foot | 2,037 | 2,097 | 46% |
| Lot Size | 48,657 | 76,230 | 41% |
| Price | $1.4M | $1.34M | 57% |
| Price per square foot | $687 | $687 | 50% |
| Built year | 1958 | 9875988 | 28% |
| HOA | |||
| Days on market | 29 | 187 | 4% |
Condition Rating
Poor
Built in 1958, the listing explicitly states the property is 'All original and just perfect to reimagine with today's design.' The images confirm this, showing a highly dated kitchen with older appliances, original-style cabinets, and very dated flooring. The bathroom features a distinctively dated red tiled countertop and pink sink, indicating a complete overhaul is needed. While the structure appears sound and the property is livable, the kitchen and bathrooms, as major components, require substantial rehabilitation and modernization to meet current standards, aligning with the 'Poor' condition criteria.
Pros & Cons
Pros
Exceptional Location & Accessibility: Situated in a highly desirable Los Gatos neighborhood on a quiet cul-de-sac, offering easy access to downtown Los Gatos, the coast, local amenities like Summit Store, schools, and wineries, without windy roads.
Top-Tier School District: Benefits from access to excellent Los Gatos schools, including highly-rated elementary (Loma Prieta, 8/10), middle (C.T. English, 9/10), and high schools (Los Gatos High, 10/10), a significant draw for families.
Generous & Usable Acreage: Features a sprawling, flat lot of over an acre (48,657 sqft), providing ample space for expansion, landscaping, or recreational use in a prime location.
Desirable Single-Story Rancher with Views: A classic single-story rancher design offering coveted Monterey Bay views, complemented by features like hardwood floors, vaulted ceilings, and an oversized garage.
Significant Renovation Potential: Presents a unique 'all original' opportunity for buyers to customize and modernize the home to their exact specifications, allowing for substantial value creation and personalized design.
Cons
Extensive Renovation Required: The property is described as 'all original,' indicating a need for significant modernization and updates to meet contemporary design and functionality standards, which will require substantial investment.
Potential Overpricing Relative to Estimated Value: The current listing price of $1.4M is approximately 16% above the estimated property value of $1.17M, which could suggest it is overpriced in its current 'original' condition and may face buyer resistance.
Aging Infrastructure: Built in 1958, the property's age implies that major systems (e.g., plumbing, electrical, HVAC, roof) are likely original or significantly aged, potentially requiring substantial capital investment for replacement or upgrades.