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Bluebird Lane neighborhood of LGLooking for a neighborhood full of spacious, younger homes in a close-in Los Gatos location? Bluebird Lane should be on your list of areas to check out: if you’re lucky, one of the traditionally styled homes may even be for sale.

Built by Robson Homes between 2010 and 2012, the Bluebird Lane neighborhood is situated just off Los Gatos Boulevard near Los Gatos-Saratoga Road. It’s under a mile to the highly regarded Los Gatos schools, and only a tad more to get to downtown – an easy bike ride or stroll by foot.

Most of the homes are on Templeton Lane, but a few are on Caldwell Avenue or Los Gatos Boulevard.  (This is a point of confusion: why is it called Bluebird Lane when the main street is Templeton?)

What are the homes like at Bluebird?

Think two story, traditional style with Colonial, Cape Cod, Craftsman and similar architectural themes.

Caldwell and Templeton in Los Gatos - newer subdivision close to downtown

There are 19 homes in the tract. One was the original, grand estate house (more on that below).  Two are small with 1300-1400 SF and attached (“duet homes”), and these were designed to be more affordable.  The rest are detached and much larger, with 2,960 to 3,935 square feet. The 17 larger homes feature 4-5 bedrooms, up to 5.5 baths, and some include basements and finished attics. Most of the homes are on fairly small lots of between 4500 SF and about 6000 SF.  Even the main road, Templeton Lane, is narrow. This is probably the only negative: the backyards are small and the homes feel awfully close together for the size of the buildings.

Inside, the homes feature open floor plans in the living areas, spacious and well appointed kitchen, quality fixtures and touches throughout.  If you appreciate elegance, you’ll love these well designed, quality homes.

"Bluebird Lane" on Templeton Lane , Los Gatos

Of the 19 properties in this subdivsion, only one has a tenant in it.  That’s an extraordinarily high owner-occupied ratio!

Corner of Caldwell and Templeton Ln in Los Gatos

 

Historic Thrash House

Originally, this tract consisted of just the Thrash House and property.  The Thrash House, built in 1902, was exquisitely restored and remodeled in 2012 and is located at 367 Los Gatos Boulevard. It’s privately owned, so don’t knock on the door, but if you walk by on the sidewalk, or drive past, you’ll appreciate what a grand estate house it is.  It boasts 5422 square feet and sits on a 14,670 Sf lot that has not lost any of its grandeur.  Naturally, this is the largest home, and the largest lot, and the most expensive home in the Bluebird Lane neighborhood.

What do homes cost?

A typical house might be about 3500 SF on a 5500 SF lot and may sell for around $2,500,000 – $3,000,000  as of this writing (spring 2016).  Turnover is fairly low.  Smaller homes on smaller lots in busier locations will likely sell for less than larger homes and lots in quieter areas.  Because there are so many variations and so little turnover, it won’t be easy to “comp” or estimate value like it would be in a larger subdivision with much more turnover.

Homes for sale in and near Bluebird Lane in Los Gatos

Homes sold in the last 2 years in the Bluebird Lane area

Interested in buying a home in the Bluebird Lane subdivision, or anywhere in Los Gatos?  Please call or email me; let’s see if we might be able to work together to get you your Los Gatos dream home.

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