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By Owner

$4,000,000

16689 Magneson Loop, Los Gatos, CA, 95032


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-

Bedrooms

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-

Baths

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16,000

Sqft

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$250

/ Sqft

About this home

Exclusive opportunity awaits in the heart of Los Gatos! A rare find, this property consists of two adjoining lots. Sprawling over an expanse of 16,000 sq ft, each lot roughly constitutes an area of 8,000 sq ft, artistically spread across 50' x 160'. Perfect for developers with a passion for creating impressive constructions, the property holds the potential to become the site of your next architectural masterpiece.

At present, there's a house, a garage, and a shed standing predominantly in one half of the property. However, these structures are all set for demolition, leaving you with a clean slate to construct and customize a new development to your heart's content.

Boasting a prime location in central Los Gatos, a jewel in the crown of Silicon Valley, this property combines the charm of a small-town atmosphere with the convenience of a central location. The two lots come with R-1:8 zoning, giving developers an ample opportunity to unleash their imagination while adhering to the zoning stipulations.

This property is offered in an as-is condition, and it is a golden chance for developers and investors with a knack for identifying unique real estate prospects. A new adventure awaits in Los Gatos, ready to be shaped by your innovativeness and creativity. Contact the owner for additional details and secure this exclusive find today!

Where it's located
Mortgage calculator

%

Insurance

$3,333

Taxes

$6,667

P & I

$19,703

Your payment

$29,703
Tax history
YearTax PaidTax AssessmentLandImprovement
2023$1,957$72,994$31,944$41,050

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