Listed 102 days ago · April 8, 2026 | MLS# ML82042183
$564/sqft -52% vs Los Gatos avg
What this means: Priced below the Los Gatos per-sqft average. Compare to recent sales below for context.
Est. $15,826/moP&I $12,962 · Tax $2,602 · Insurance $262 · HOA $0Assumes 20% down ($499,600) at 6.75% · Contact Timothy for a lender referralAegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
Active listing in Los Gatos, Santa Clara County. Convenient access to schools, parks, and Bay Area employment centers.
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5 Bed / 5 Bath / 4,427 sqft on 345,518 sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
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Listed at $2.5M vs City Average $3.3M
$564/sqft compared to Los Gatos avg $1,164/sqft (-51.5%).
Best fit forActive BuyersLos Gatos SearchersMove-Up / Move-In
About This Home
Fully remodeled and expanded in early 2000s with modern systems and design, set on nearly 8 private acres just minutes from downtown Los Gatos, this rare multi-structure estate offers an exceptional combination of scale, flexibility, privacy, and long-term value. The property includes a 4,427+/- SF main residence plus a separate ground-floor studio with attached bath not included in the reported square footage, creating additional flexibility for guest quarters, office, gym, media room, or creative space. A detached studio/flex building and separate cottage further expand the possibilities for multigenerational living, retreat use, or future income potential. Surrounded by mature redwoods and natural beauty, the home features soaring ceilings, exposed Douglas fir beams, hardwood floors, expansive windows, and multiple indoor-outdoor living spaces designed to embrace the setting. The land itself is a defining feature with usable areas, meandering paths and gardens, peaceful clearings, and exceptional privacy while remaining approximately 10 minutes to downtown Los Gatos and moments to Hwy 17. Served by sought-after Los Gatos High and Loma Prieta schools. A compelling opportunity for buyers seeking space, versatility, and lifestyle in one of the regions most desirable settings.
MLS ID #ML82042183, Michael Riese. Listing provided by Coldwell Banker Realty · MLSListings Inc.
Interested in 23185 Old Santa Cruz HWY?
Get a personalized analysis with comp data, offer strategy, and neighborhood context.
LosGatosMountains in Los Gatos, California (95033) continues to attract significant buyer interest. 23185 Old Santa Cruz HWY, a 5-bedroom single-family home with 4,427 square feet of living space, is listed for $2,498,000. The surrounding market reflects strong demand for properties in this price segment.
5-Bedroom Homes for Sale in Los Gatos 95033
Browse 5-bedroom single-family home listings in the LosGatosMountains area of Los Gatos. Properties in 95033 are currently averaging $1,164 per square foot with 44 days on market.
What to Expect When Buying in LosGatosMountains
The LosGatosMountains market in Los Gatos features a mix of single-family home properties ranging from starter homes to luxury estates. Current inventory levels suggest moderate conditions for buyers in this area.
Listed at $2,498,000 ($564/sqft). Los Gatos avg is $1,164/sqft, placing this 51.5% below. Comparable recent sales help frame the value.
Listed 102 days (as of April 8, 2026). Los Gatos average is 44 days.
Est. $15,826/mo with 20% down ($499,600) at 6.75%. Includes principal & interest ($12,962), property tax ($2,602), and insurance ($262). HOA: None. Aegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
There are 93 active listings in Los Gatos (25 are 5-bedroom). At $2,498,000 this is positioned against the city average of $3,276,008. Similar homes have sold at 98.2% of asking.
5-bedroom homes in Los Gatos (95033) are currently averaging $1,164 per square foot. Market activity shows homes spending an average of 44 days on market in this area.
23185 Old Santa Cruz HWY in Los Gatos is currently listed at $2,498,000. This 5-bedroom, 5-bathroom single-family home is located in the LosGatosMountains area.
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than Aegis Luxury Real Estate are marked with the Internet Data Exchange icon (a stylized house) and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from the MLSListings MLS as of Jul 19, 2026 4:15 PM PT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
These statistics are generated using information from the MLSListings Inc. multiple listing service, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.
Data updated every 15 minutes. Visit www.MLSListings.com for more information.
Information provided is for general informational purposes only. Equal Housing Opportunity. If you are currently working with a real estate agent, this is not intended as a solicitation.
Timothy Alston, Broker, DRE# 01328224, Aegis Luxury Real Estate, 10080 N. Wolfe Rd Ste SW3-200, Cupertino CA 95014. (408) 207-4593.
Last updated: Jul 19, 2026 4:15 PM PT | Source: MLSListings Inc.
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23185 Old Santa Cruz HWY$2,498,0005 bd · 5 ba · 4,427 sqft
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