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Active
16515 Marchmont Drive Los Gatos, CA 95032
$3,380,000
7 beds
4 baths
3,098 sq ft

Courtesy of Michael Brown, Compass.

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Earle Makin

Earle Makin

Co-Founder/Broker Associate

DRE# 01187132

Property Description

PRICE REDUCED! Opportunity knocks on this beautiful 1/4 acre lot with hillside views and extensive living flexibility. Located on one of the most desirable streets in Los Gatos. Charming main home features 5 bedrooms, 3 baths, fireplace, and updated kitchen. Beautiful front yard with large shady tree and front porch. Hardwood flooring in main living area with lots of bedroom flexibility and access to back and side yards. Attached, updated ADU (841 sq ft) with outside entrance, 2 bedrooms, kitchen, living area, full bath, laundry and wonderful views to expansive backyard. Detached office/studio (412 sq ft) with laundry and bath. Highest Value Options available to buyers: 1) Split lot to 2 per Los Gatos 2040 General Plan (buyers to verify) 2) Expand and remodel existing home to the front 3) Finalize ADU permits for Rental Income 4) Finalize Approved plans for a 2 story 3,800 sqft complete remodel.

Property Details & Features

Property Type

  • Detached

Year Built

  • 1951

Schools

  • Los Gatos-Saratoga Joint Union H

Appliances and Equipment

  • Appliances: “Dishwasher”, “Disposal”, “Trash Compactor”

Bathrooms

  • 4 full bathrooms
  • 4 total bathrooms

Bedrooms

  • 7 bedrooms

House

  • Living Area: 3098
  • Year Built: 1951

Fireplaces

  • Fireplace Included

Heating

  • Heating: “Forced Air”, “Natural Gas”
  • Heating Included

Lot

  • Lot Size Area: 10960
  • Lot Size Square Feet: 10960
  • Parcel Number: 53209032

Parking

  • Parking Features: “Parking Lot”

Property

  • Property Sub Type: Detached

Roof

  • Roof: “Composition Shingles”

Schools

  • High School District: Los Gatos-Saratoga Joint Union H
  • Elementary School District: Los Gatos Union Elementary

Utilities

  • Water Source: “Public”

Listing

  • Sale/rent: For Sale
  • $1,091 per square foot

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