Property Overview:
16623 Farley Rd is a single-family home in Los Gatos, CA, built in 1950. It features 3 bedrooms, 1 bathroom, and 1,270 sq. ft. of living space. The home includes a 2-car garage, fireplace, heating and cooling systems, and has been recently remodeled with modern updates. The estimated home value is $2,252,000 (last sold for $1,530,000 in 2016).
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:
Top-rated Los Gatos schools:- Blossom Hill Elementary
- Raymond J. Fisher Middle
- Los Gatos High School
- 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:
- Low 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:
- Move-in ready with fresh interior/exterior paint
- Beautiful wide-plank laminate flooring and new carpet in bedrooms
- Modern kitchen with quartz counters and stainless steel appliances
- Newly tiled stall shower with glass enclosure
- Brand new composition roof
- Enclosed breezeway with mudroom and laundry room
- 2-car garage with new garage door and EV car charger
- Expansive backyard with mature landscaping, hardscaping, firepit area, lush lawn, fruit trees, and outdoor kitchen
- Smart home features, central HVAC, double-paned windows
- High ceilings, recessed lighting, hardwood flooring
- Potential for ADU or lot split (SB9 compliant)
- Abundant off-street parking
Location Benefits:
- Highly sought-after Blossom Manor neighborhood
- Walkable to Whole Foods, Lunardi’s, Peet’s Coffee, and Los Gatos schools
- Easy access to Hwy 17 & 85, minutes to downtown Los Gatos
- Convenient to shopping, parks, and freeway access
- Prestigious Los Gatos schools
- Ideal for entertaining and indoor/outdoor living