14329 Mulberry Dr Los Gatos, CA 95032
This exceptional 10,948 square foot lot in Los Gatos, California (95032), located at 14329 Mulberry Dr, presents a unique redevelopment opportunity. Priced at $1,370,000, this shovel-ready property offers multiple development paths. Options include expanding an existing 700 square foot structure to approximately 2,800 square feet (requiring minimal permitting), constructing a single-family residence (plans submitted), or developing a multi-family dwelling unit (plans also submitted). The lot boasts a flat, private location within a desirable neighborhood, featuring existing trees and a patio area. The maximum allowable habitable area can be achieved without exceeding the Floor Area Ratio (FAR). Pre-existing civil engineering and project design contacts are available for streamlined development coordination. This property is situated in an area known for its excellent schools and is surrounded by high-value homes, typically priced between $3 and $4 million. This is a rare chance to build in a prime Los Gatos location.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.