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Sold for $3,000,000
  • $3,000,000

    401 Surmont Dr, Los Gatos, CA 95032

    3beds
    1,960sqft
    Single Family Residence, Residential
    Built in 1961
    11.95 Acres Lot
    $3,594,900 Zestimate®
    $1,531/sqft
    $6,727 Estimated rent

    Home value

    $3,594,900

    $3.06M - $4.28M

    $6,727/mo

    Zestimate® history
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    $6,727/mo

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    What's special

    Back on the Market with a Huge Price Reduction!!! This is your opportunity to own 11.95 +/- acres of Prime Los Gatos real estate. The current home sitting on this huge lot is approx. 1960 Sq Ft and it has 3 bedrooms & 2 baths. This property is perfect for an investor, builder or developer who wants to subdivide or enjoy as a family compound. From here you can see all of Silicon Valley! It's close to top-rated Los Gatos schools, shopping/dining centers, Hwy 85 and 17. With this amazing view, the possibilities are endless!! Buyer to confirm all remarks and usability with Los Gatos Planning Department.

    Zillow last checked:

    Listing updated:

    Listed by:

    Miriam Cruz 02133346 408-644-4295,

    eXp Realty of Northern California, Inc. 888-832-7179

    Bought with:

    Swetha Poreddy, 02018707

    Alliance Bay Realty

    Source: MLSListings Inc,MLS#: ML81933500MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Dining room
    • Features: Other
    Family room
    • Features: Other
    Heating
    • None
    Cooling
    • None
    Appliances
    • Laundry: Inside
    Features
    • Number of fireplaces: 2
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 1,960
    • Total interior livable area: 1,960 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Stories: 1
    Lot
    • Size: 11.95 Acres
    Details
    • Parcel number: 52720002
    • Zoning: HR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence, Residential
    Materials
    • Foundation: Slab, Crawl Space
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1961

    Utilities & green energy

    • Gas: PublicUtilities
    • Sewer: Public Sewer
    • Water: Public, Well
    • Utilities for property: Public Utilities, Water Public

    Community & HOA

    Location
    • Region: Los Gatos

    Financial & listing details

    • Price per square foot: $1,531/sqft
    • Tax assessed value: $3,060,000
    • Annual tax amount: $38,561
    • Date on market: 6/29/2023
    • Listing agreement: ExclusiveRightToSell

    Price history

    DateEventPrice
    12/5/2023Sold$3,000,000$1,531/sqft
    Source: MLSListings Inc #ML81933500 Report a problem
    8/22/2023Pending sale$3,000,000$1,531/sqft
    Source: MLSListings Inc #ML81933500 Report a problem
    7/17/2023Contingent$3,000,000$1,531/sqft
    Source: MLSListings Inc #ML81933500 Report a problem
    6/29/2023Listed for sale$3,000,000$1,531/sqft
    Source: MLSListings Inc #ML81933500 Report a problem
    5/29/2023Listing removed--
    Source: MLSListings Inc #ML81914003 Report a problem
    5/11/2023Price change$3,000,000-40%$1,531/sqft
    Source: MLSListings Inc #ML81914003 Report a problem
    12/1/2022Listed for sale$4,999,000$2,551/sqft
    Source: MLSListings Inc #ML81914003 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$38,561 -1.2%$3,060,000 +2%
    2024$39,039 +141.3%$3,000,000 +144.7%
    2023$16,179 -28.9%$1,226,208 +2%
    2022$22,763 +25.4%$1,202,166 +2%
    2021$18,147 +17.3%$1,178,595 +1%
    2020$15,471 $1,166,511 +2%
    2019$15,471 +0.5%$1,143,639 +2%
    2018$15,400 $1,121,216 +2%
    2017$15,400 +9.2%$1,099,232 +2%
    2016$14,105 +5.4%$1,077,680 +1.5%
    2015$13,383 +2.1%$1,061,494 +2%
    2014$13,105 $1,040,702 +463.8%
    2013-- $184,576 +2%
    2012-- $180,958 +2%
    2011-- $177,411 +0.8%
    2010-- $176,087 -0.2%
    2009-- $176,507 +2%
    2008-- $173,047 +2%
    2007-- $169,655 +2%
    2006-- $166,329 +2%
    2005-- $163,069 +2%
    2004-- $159,873 +1.9%
    2003-- $156,944 +2%
    2002-- $153,868 +2%
    2001-- $150,852
    Find assessor info on the county website

    Neighborhood: 95032

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: UnionElementary

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $3,594,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,594,900