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Rare opportunity to create a private residential estate on approximately 2.05 acres in Los Gatos. Town-approved plans include the merger of three parcels into one approximately 89,281 SF parcel and a thoughtfully designed contemporary residence with attached ADU, surrounded by mature trees and set well back from Reservoir Road. The approved design features a 3,352 SF main residence, 903 SF attached ADU and 668 SF garage, for 4,255 SF of total living area. Two existing structures are located on the property and will be demolished as part of the approved project. An exceptional opportunity for an end user seeking to create a custom Los Gatos estate or a builder/developer looking for a well-advanced project with significant entitlement work already completed. Extensive architectural, civil, landscape, geotechnical, arborist and entitlement materials are available for review. Buyer to independently verify plans, approvals, square footage, schools, and development potential.
Listing agent: Mark Vantress DRE #02109166 mark@markvantress.com, Listing office: Christie's International Real Estate Sereno
MLS data updated 11/2/2026, 7:02:48 AM PT
Source: CRMLS, MLS #: ML82061021
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 11, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$2,698,000Original asking price · Sep 11, 2026ZIP 95030 · Sep 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.