0 Laurel Ave, Los Gatos, CA 95030
This exceptional 1.2-acre lot in Los Gatos, CA (APN 51041068), presents a remarkable development opportunity. Located on Laurel Ave, 95030, this hillside property is zoned LG, offering a range of permitted uses, including single-family detached homes, family and daycare facilities, residential care facilities, and select agricultural uses. Buyers are responsible for verifying current zoning and building requirements with the City of Los Gatos building department. The property boasts public utilities including water, sewer, and gas. Currently unfenced, this blank canvas is ideal for creating a single luxurious estate or a pair of exquisite residences. Its convenient location offers proximity to the charming Historic Downtown Los Gatos and award-winning schools, making it an unparalleled opportunity in the heart of Silicon Valley. The asking price is $2,200,000. No additional structures are included. This is a rare chance to build in one of the Bay Area's most desirable locations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.