Property Overview:
16678 Magneson Loop is a single-family home in Los Gatos, CA 95032, built in 1937. It features 3 bedrooms, 1 bathroom, and 1,728 sq. ft. of living space on a 10,152 sq. ft. lot. The home includes a parking garage, fireplace, and cooling system. The estimated home value is $1,848,592 (with some estimates around $1,383,000).
Neighborhood Highlights:
-
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%).
-
Schools:
Nearby schools include Blossom Hill Elementary, Raymond J. Fisher Middle, and Los Gatos High.- Average SAT score: 975 (state average).
-
Job Market:
- 74.2% white-collar jobs, 25.9% blue-collar jobs.
- Unemployment rate: 2.1% (lower than state average of 4.7%).
-
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%).
-
Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
-
Weather:
- Average temperature: 41.3°F (January), 77.4°F (July).
- Average rainfall: 26.1 inches/year.
- Average snowfall: 0.1 inches/year.
-
Cost of Living:
- Median household income: $115,651.
- Average annual spending: $76,252.
Property Features:
- Charming single-story home on a peaceful, tree-lined street.
- Freshly painted interior, recessed lights, crown molding, plush carpet, French doors, built-ins, and a cozy gas fireplace.
- Double- & multiple-pane windows fill the home with natural light.
- Kitchen: Gas cooktop, granite counters, and multiple windows with views of the foothills and expansive backyard with fruit trees.
- Formal dining room, inviting sunroom, bonus room, and workshop/gardening shed.
- Backyard oasis: Multiple patios, decks, and gardens—ideal for outdoor dining and California living.
- Rental estimate: $4,301–$5,492/month.
Location Benefits:
- Convenient access to Downtown Los Gatos, top-rated schools, public transportation, major highways, restaurants, grocery stores (Lunardi’s, Whole Foods, Nob Hill), medical facilities, and shopping centers.
- Nearby parks: Blossom Hill Park, Vasona Lake County Park, Oak Meadow Park.
- Close to hiking trails, cafes, and coffee shops (Peet’s, Philz, Boulevard Coffee).
- Family-friendly community with a safe, tranquil environment.