420 Alberto Way 51, Los Gatos, California 95032, Los Gatos, - bed, bath

home-pic
ACTIVE$819,000
420 Alberto Way 51, Los Gatos, California 95032
2Beds
3Baths
1,120Sqft
Lot
Year Built
1970
Close
-
List price
$819K
Original List price
$889K
Price/Sqft
-
HOA
$720
Days on market
-
Sold On
-
MLS number
ML81990023
Home ConditionFair
Features
Good View: Mountain(s)
Deck
ViewMountain(s)

About this home

Last Few Days on Market! This charming residence boasts 2 bedrooms and 2.5 bathrooms within a spacious 1,120 sq. ft layout. The well-equipped kitchen features modern amenities, perfect for culinary enthusiasts. The open dining area provides a welcoming space for meals and gatherings. Enjoy the cozy ambiance of the living room, complete with an elegant fireplace for those cooler evenings. Laundry is conveniently located on the upper floor next to the bedrooms and comes with a washer and dryer. Enjoy stunning Santa Cruz mountain views and the perfect location within the community next to the pool. The home is located in a more peaceful pocket of the community and does not face the street. The community offers fantastic amenities, including a heated pool that is perfect for relaxation and recreation. Additionally, the property includes 2 assigned garage spaces with additional storage, providing ample parking. Ideally located, this home is situated within the Los Gatos Union Elementary School District and features the Top Los Gatos Schools. This is your opportunity to enjoy all the best Los Gatos has to offer at a fantastic price. The home is exceptionally close to downtown Los Gatos and desirable amenities, shopping and dining, top tech companies, and convenient commute routes.

Nearby schools

9/10
Louise Van Meter Elementary School
Public,K-50.4mi
8/10
Loma Prieta Elementary School
Public,K-57.3mi
8/10
Raymond J. Fisher Middle School
Public,6-80.6mi
9/10
C. T. English Middle School
Public,6-87.3mi
10/10
Los Gatos High School
Public,9-120.5mi

Price History

Date
Event
Price
09/18/25
Price Change
$819,000-1.2%
09/01/25
Price Change
$829,000+1.5%
08/26/25
Price Change
$816,500
01/10/25
Listing
$889,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (10 Listings)
Beds22
50%
Baths32
82%
Square foot1,1201,097
55%
Lot Size00
Price$819K$819K
50%
Price per square foot$731$742
45%
Built year19701978
27%
HOA$720$581
73%
Days on market299217
91%
Condition Rating
Fair

Built in 1970, this property shows signs of regular maintenance and some cosmetic updates, but these updates are themselves dated. The kitchen features laminate countertops, older white cabinets with basic hardware, and standard black appliances, which are not truly 'modern amenities' as described. The bathrooms also have older vanities and fixtures, despite some minor refreshes. While the carpet and paint appear relatively fresh, the overall style and core components suggest renovations were likely done 15-30 years ago, aligning with the 'Fair' condition criteria for an aged but maintained home requiring minor updates.
Pros & Cons

Pros

Exceptional Location: Situated in highly desirable Los Gatos, offering proximity to downtown, top-tier amenities, shopping, dining, major tech companies, and convenient commute routes.
Top-Tier School District: Zoned within the acclaimed Los Gatos Union Elementary School District, featuring access to top-rated Los Gatos schools.
Desirable Community & Views: Enjoys stunning Santa Cruz mountain views from a peaceful community pocket, complemented by access to a heated community pool.
Functional & Convenient Layout: Features a well-equipped kitchen, an elegant fireplace, convenient upper-floor laundry with included washer/dryer, and 2.5 bathrooms.
Dedicated Parking & Storage: Benefits from two assigned garage spaces, providing secure parking and additional storage capacity.

Cons

Substantial HOA Fees: The monthly association fee of $720 is notably high, which could be a significant ongoing cost for potential buyers.
Property Age: Built in 1970, the property is over five decades old, potentially indicating older infrastructure or systems that may require future updates or maintenance.
Market Price Adjustments: Multiple price reductions from the initial listing suggest the property may have faced challenges in attracting buyers at its original price point, potentially indicating a longer market time or a need for further competitive pricing.

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