18655 Black Rd, Los Gatos, CA 95033
This exceptional 17-acre property in Los Gatos, California, presents a unique opportunity for upscale custom home development. Located in a prestigious area boasting multi-million dollar homes (with completed homes averaging $1,290-$1,550 per square foot), this land comprises three separate buildable parcels: 13.75 acres (APN 544-58-005), 1.93 acres (APN 544-58-008), and 2.35 acres (APN 544-58-006). The property is offered as a bulk purchase (MLS# ML81933952) for $1,000,000. Existing infrastructure includes wells and readily available electricity. Conveniently located just 0.6 miles from Highway 17, providing easy access to downtown Los Gatos. Enjoy the proximity to numerous outdoor recreational opportunities, including hiking, biking, and open space preserves. Breathtaking views of Silicon Valley and Lexington Reservoir enhance the property's desirability. The location offers proximity to Black Ridge Vineyards, St. Joseph's Hill Preserve, Lexington Reservoir County Park, Los Gatos Creek Trail, Bear Creek Redwoods Open Space Preserve, and several other vineyards. The property also benefits from being in the highly sought-after Los Gatos school district. Comprehensive due diligence materials, including a conceptual design, well reports, soils, geologic, and geotechnical reports, are available. This is a rare chance to acquire a substantial land parcel in a prime location. Zoning is A140.
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.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.