Property Overview:
104 Lancewood Pl is a condominium unit in Los Gatos, CA, built in 1977. It features 3 bedrooms, 2.5 bathrooms, and 1,990 sq. ft. of living space. The home includes a parking garage, fireplace, heating and cooling systems, and indoor laundry room. The estimated home value is $1,705,000 (last sold for $975,000 in 2015).
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 4.5% (lower than state average of 11.8%).
- Property crime risk: 6.9% (lower than state average of 10.8%).
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Schools:
Nearby schools include Village, Rolling Hills Middle, and Westmont High.- Average SAT score: 975 (state average).
- Served by Los Gatos Schools.
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Job Market:
- 74.2% white-collar jobs, 25.9% blue-collar jobs.
- Unemployment rate: 2.1% (lower than state average of 4.7%).
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Demographics:
- Community population: 22,996 (22% growth since 2000).
- 67% families with children.
- Largest age group: 45-54 years (18.18%); second largest: 35-44 years (14.92%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 41.3°F (January), 77.4°F (July).
- Average rainfall: 26.1 inches/year.
- Average snowfall: 0.1 inches/year.
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Cost of Living:
- Median household income: $115,651.
- Average annual spending: $76,252.
Property Features:
- Approx. 1,990 sq. ft. of living space.
- 3 bedrooms (all upstairs), including a master suite with enclosed balcony and large master bath.
- 2.5 bathrooms.
- Great floor plan with separate living room, formal dining area, and family room.
- Spacious kitchen with wrap-around peninsula for ample counter space.
- Front & rear patios and balcony.
- A/C and indoor laundry room.
- Parking garage.
Location Benefits:
- Highly rated Los Gatos schools.
- Family-friendly community with a high percentage of households with children.
- Safe neighborhood with low crime rates.
- Convenient access to local amenities and commuter routes.
- Strong job market and high median income.