Property Overview:
16275 Greenridge Ter is a single-family home in Los Gatos, CA 95032, built in 1963. It features 4 bedrooms, 3 bathrooms, sits on a 1.07-acre lot, and offers approximately 2,912 sq. ft. of living space. The home was designed by award-winning architects Campbell and Wong and recently sold for $2,400,000 (as of 05/20/2020). The estimated current value is around $1,163,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 4.5% (well below state average of 11.8%).
- Property crime risk: 6.9% (lower than state average of 10.8%).
- Low overall crime risk with only 2 criminal and sex offenders within 1 mile.
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Schools:
- Highly rated nearby schools: Alta Vista Elementary, Union Middle, and Leigh High.
- State average SAT score: 975.
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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:
- Very high earthquake risk.
- Very low tornado risk.
- Moderate to low flood 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.
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Home Values:
- Average sale price for similar homes: Ranges from $2,253,588 to $2,418,530.
Property Features:
- Mid-century modern retreat designed by Campbell and Wong.
- Frank Lloyd Wright-inspired organic architecture that blends with natural surroundings.
- Split-level layout with nearly 3,000 sq. ft. of remodeled living space.
- Upgraded electrical, plumbing, and HVAC systems.
- Remodeled kitchen and bathrooms.
- Expansive redwood deck perfect for entertaining.
- Ample additional parking and a parking garage.
- Fireplace, forced air heating, and cooling system.
- Perched at the end of a cul-de-sac with one-of-a-kind scenic vistas of the valley.
- Charming country-feel setting with city and country views.
Location Benefits:
- Highly rated schools (Alta Vista Elementary, Union Middle, Leigh High).
- Close proximity to downtown Los Gatos.
- Tranquil, executive neighborhood with a strong sense of community.
- Ideal for families and those seeking a lifestyle to cherish in a scenic, safe, and prestigious area.