Property Overview:
467 University Ave is a single-family Craftsman-style home in downtown Los Gatos, CA 95032, originally built in 1880 and completely remodeled. The home offers 3,000 sq. ft. (approx.), 3–4 bedrooms (all en-suite), and 3.5–4 bathrooms on a 7,293 sq. ft. lot. Features include a detached two-car garage, solar system (owned), and Tesla charging station. The estimated home value ranges from $2,434,568 to $3,461,000.
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 nearby schools: Los Gatos High, Raymond J. Fisher Middle, Louise Van Meter Elementary, Fusion Academy, and St. Mary Elementary.- 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:
- Moderate 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:
- Completely remodeled with high-end finishes and classic Craftsman details
- Open floor plan with 12’ ceilings in the living room and 9’ ceilings throughout
- Gourmet kitchen: Bead-board cabinets, induction cooktop, modern appliances, large island, and direct access to deck/patio
- Gleaming hardwood floors, crown moldings, recessed lighting, and designer paint
- Main floor primary suite with luxury spa-quality bathroom and walk-in closet
- Multiple en-suite bedrooms (two primary suites, one on main level)
- Separate family room (ideal for kids’ retreat), office, and ample storage
- Abundant natural light with large windows throughout
- Detached two-car garage, rear yard with raised bed gardening
- Solar system (owned) and Tesla charging station
- Laundry/utility area and flexible common spaces
Location Benefits:
- Prime downtown Los Gatos location: Walk to shopping, dining, parks (Oak Meadow, Bachman, Town Plaza), and recreation
- Nearby grocery stores: Safeway, Lunardi’s Markets, Whole Foods
- Coffee shops & restaurants: Starbucks, Sweet Pea’s Cafe, Aldo’s Cafe, Enoteca La Storia, T-Birds Pizza
- Highly desirable Los Gatos schools
- Commuter-friendly: Easy access to major highways and public transportation
- Perfect for family living, entertaining, and enjoying the Los Gatos lifestyle