Property Overview:
16890 Cypress Way (and adjacent 16880 Cypress Way) present a rare residential opportunity in Los Gatos, CA. The offering includes a brand-new custom home and a buildable lot just minutes from downtown Los Gatos, with Los Gatos Schools nearby. The properties can be purchased together or separately.
Neighborhood Highlights:
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Prime Location:
- Easy stroll to Los Gatos High School and downtown Los Gatos shops, dining, and entertainment.
- Top-rated schools: Van Meter Elementary, Fisher Jr High, and Los Gatos High School.
- Surrounded by $3M–$7M estates in a prestigious neighborhood.
- Moments to exclusive shopping, fine dining, and major tech companies.
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Privacy & Views:
- Long private driveway leads to a quiet, buildable lot with hillside seclusion and mountain/city views.
- Flag lot location offers extra privacy away from the main road.
Property Features:
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16890 Cypress Way – Brand New Construction:
- 4 bedrooms (2 ensuite), 3.5 bathrooms, plus a private office.
- Approx. 3,082–3,100 sq. ft., 2-story home.
- Open floor plan with naturally bright spaces and Level 5 smooth coat walls.
- Gourmet kitchen: Wolfe & Sub-Zero appliances, Taj Mahal Quartzite countertops, custom cabinetry, and oversized island.
- Primary suite with oversized balcony and breathtaking mountain views.
- 300-sqft California living loggia for seamless indoor/outdoor living.
- All-new landscaping and private outdoor oasis.
- Attached oversized 2-car garage; option for gated entry.
- Move-in ready for a lifestyle of refinement and convenience.
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16880 Cypress Way – Land/Build Opportunity:
- 13,478 sq. ft. lot with existing 880 sq. ft. bungalow (remodel, expand, or rebuild).
- Approved plans for a 2,700–3,100 sq. ft. new home (4 bed, 3.5 bath).
- Current structure gutted; value is in the land.
- PG&E, city water, and sewer at site and ready.
- Contractor bids for completed build available (~$1.5M); 12-month build projection.
- Inspection reports, contractor estimates, and appraisals available.
- Potential for instant equity after repairs or new construction.
Location Benefits:
- Walkable to downtown Los Gatos and Los Gatos High School (approx. 1.4 miles).
- Quick access to major highways and public transportation.
- Excellent for families seeking top schools and a vibrant community.
- Secluded, peaceful setting with stunning views and modern amenities.
Investment Potential:
- Flexible purchase options: Buy one or both properties.
- Remodel, expand, or build new to suit your vision.
- Surrounded by high-value estates; strong upside potential.
- Ready-to-build plans and all utilities in place for a streamlined process.