About this home

EXCEPTIONAL LOCATION. THREE RESIDENCES. ENDLESS POSSIBILITIES. Enjoy remarkable versatility and value on nearly an acre, just five minutes from downtown Los Gatos and 100 yards from Lexington Reservoir. Within walking distance of highly desirable Lexington Elementary, this property features a five-bedroom, three-bath main home, an attached in-law unit, and a detached cottage offering flexible options for multigenerational living, guests, or rental income. The cottage and in-law unit currently generate approximately $6,000 per month in combined rental income, creating an exceptional opportunity to live in the main home while rental income helps offset your living expenses. The main home shines with brand-new flooring throughout, complemented by dual-pane windows, fresh paint, stainless steel appliances, and quartz countertops. A two-car garage and approximately 540-square-foot semi-finished basement provide additional space for storage, hobbies, or future possibilities. An outstanding combination of location, flexibility, and income potential, all with desirable Los Gatos schools.

Facts and features

Schools

• Lexington Elementary School

  elementary · K-5 · 0.3 mi

  8

• Los Gatos High School

  high · 9-12 · 3.3 mi

  10

• Raymond J. Fisher Middle School

  middle · 6-8 · 4.2 mi

  9

• St. Mary of the Immaculate Conception School

  elementary · K-8 · 3.3 mi

• C. T. English Middle School

  middle · 6-8 · 4.3 mi

  9

• Loma Prieta Elementary School

  elementary · K-5 · 4.3 mi

  9

Price history

• Oct 30, 2026 · Listing Removed$2,250,000
• Oct 28, 2026 · Listed$2,250,000
• Oct 28, 2026 · Listed$2,250,000
• Mar 30, 2005 · Sold$695,000
• Sep 30, 1999 · Sold$376,000
• Oct 2, 1986 · Sold$220,000

Tax history

• 2025$9,906 tax · $823,528 assessed
• 2024$9,551 tax · $807,382 assessed
• 2023$9,330 tax · $776,032 assessed
• 2022$9,274 tax · $760,817 assessed
• 2021$9,108 tax · $745,900 assessed
• 2020$8,960 tax · $738,253 assessed
• 2019$8,854 tax · $723,779 assessed
• 2018$8,744 tax · $709,589 assessed

Home value

$1,917,500

• Cotality$1,917,500
• Collateral Analytics$1,115,000
• Quantarium$2,216,369

Where it is