Looking to purchase a Los Gatos fixer property with upside potential? Please check out 39 Reservoir Road, a stone’s throw from downtown. It’s new to the market this week!
Offered at $1,850,000
Situated in a scenic hillside area full of multi-million dollar homes, this historic property includes the original house plus two accessory dwelling units, or ADUs. One is attached (a “junior” ADU or JADU) and the other is detached.
Each of these enjoys 2 bedrooms, 1 bathroom, and laundry. Each one has about 1000 – 1100 square feet of living space.
Unit A is the house, closest to the street, built sometime between 1876 and 1888. It is historic, and it is listed as such with the town. Unit B appears to be historic as well, but we don’t know the age. (These two are classic Los Gatos fixers and do need a substantial amount of work.)
Unit C is far younger, built in the late 80s. This home provides a large, sunny deck off of the main floor – it tremendously expands the livable area. Inside, there’s a valley view visible from the living room. Downstairs are the bedrooms, bathroom, garage, and laundry.
Inside, Unit C has loads of light and enjoys a nice, open floor plan.
Inspections are done, disclosures will be ready soon!
The lot is approximately 15,500 SF and is hillside with a 22 degree average slope.
Below is additional info for this Los Gatos fixer opportunity:
Highly prized Los Gatos Schools.
All are legal, nonconforming units per the town of Los Gatos.
Units A & B both have claw footed tubs with showers and other older touches. The detached home, Unit C, was built in late 80s and completed in 1990. It enjoys a large, sunny deck and beautiful views from the living room of the Santa Clara Valley! A variety of trees grace the parcel: plum (multiple), walnut, almond, bay, buckeye, oak, and pine among others. Beautiful setting!
Get more photos, info, and a floor plan for each of the 3 units at the virtual tour site: LosGatosHomeSale.com
Please note: there’s no street parking on this part of Reservoir, so showings are scheduled and there will not be any open houses or broker’s tour.