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Rare Los Gatos Investment & Development Opportunity 17,100 Sq Ft Lot Zoned O (Office)! Exceptional opportunity for investors, developers, & professional office users to acquire a 17,100 sq ft parcel in desirable Los Gatos. Offering exciting possibilities for professional offices, medical offices, investment, or redevelopment, subject to Town of Los Gatos approvals. The property currently features a 1,881 sq ft single-story structure built in 1956, with 3 bedrooms, 2.5 bathrooms, an attached garage, and additional storage. Existing improvements offer potential for renovation, conversion to office use, or redevelopment depending on buyer needs and applicable regulations. The expansive parcel features mature trees, established landscaping, and ample outdoor space, providing flexibility for future improvements. Conveniently located near major transportation routes, medical facilities, shopping, dining, and downtown Los Gatos, making this an attractive location for professional and medical office users. An outstanding opportunity to invest, develop, or establish a professional presence in Los Gatos! Buyers should independently verify zoning, permitted uses, building requirements, utilities, and redevelopment potential with the Town of Los Gatos.
Listing agent: John Jenkins DRE #01291177 john.jenkins@compass.com, Listing office: Compass
MLS data updated 10/31/2026, 1:01:50 AM PT
Source: CRMLS, MLS #: ML82064704
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 15, 2026
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This home · nearest recorded event
$2,350,000Original asking price · Oct 15, 2026ZIP 95032 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.