Property Overview:
16689 Magneson Loop is a single-family home in Los Gatos, CA 95032, built in 1930. It features 3 bedrooms, 1 bathroom, and 1,242 sq. ft. of living space on a 7,980 sq. ft. lot. The estimated home value is between $1,274,000 and $1,559,173. The property includes a garage, fireplace, heating, and cooling system.
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 Raymond J. Fisher Middle, Louise Van Meter Elementary, and Los Gatos 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:
- 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:
- Two adjoining lots (APNs 523-06-024 and 523-06-025), each approx. 8,000 sq. ft. (50’ x 160’).
- Tear-down house, garage (encroaches onto second lot), and shed on property.
- Zoning: R-1:8 (single-family residential).
- Offered as-is; price is firm.
- No agents; developers only.
- Contact: Ron Meister (rhm74020@icloud.com).
- Interactive GIS map: Los Gatos GIS Map (enter APNs at upper right).
Location Benefits:
- Nearby amenities:
- Grocery stores: Lunardi’s Markets, Whole Foods, Nob Hill Foods.
- Coffee shops: Peet’s Coffee & Tea, Philz Coffee, Boulevard Coffee.
- Restaurants: High Tech Burrito, Taco Bell, KFC.
- Parks: Close to Blossom Hill Park, Vasona Lake County Park, and Oak Meadow Park.
- Rental estimate: $4,238–$5,473/month (per Redfin).
- Central Los Gatos location; family-friendly community with strong schools and low crime.