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Active

+10 more

$4,750,000

0 DOM

$2,500/sqft3 bd2 ba1,900 sqft

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22990 Santa Cruz Hwy 17 Los Gatos, CA 95033

1,900sqft lot

Rare Commercial Tourism (CT) Opportunity on Highway 17 with 586' of frontage! Situated at the summit of scenic Highway 17 between Los Gatos and Santa Cruz, this versatile 2.34-acre parcel offers endless possibilities for investors and business owners. This must-see property features high-visibility highway frontage with a dedicated turn lane and is improved with a charming 3-bedroom, 2-bathroom house, a former restaurant building with a full kitchen, a 4-car garage, and three 12x14 cottages with a dedicated 8x8 bathroom facility. Benefit from massive exposure with over 40,000 vehicles passing daily, with even higher volumes on weekends and holidays. Offering unlimited business potential for a boutique lodge, destination eatery, retail shop, or service-oriented venture. Bring your vision to this iconic Santa Cruz Mountains site! Please Do not go direct or disturb occupants! Must make an appointment with listing agent! "As-is" Sale!

MLS ML82042918

408-557-8300 (Office) 669-888-4967 (Cell) realtor.paul.oh@gmail.com

Est. payment

$30,352/mo

Principal & interestTaxesInsurance

$24,019$4,948$1,385

Down %

Rate %

Years

Down payment: $950,000 · Total cost: $9,596,691

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$30,352/mo

Principal & interest: $24,019
Est. property tax: $4,948
Est. insurance: $1,385
Down payment: $950,000

Est. gross rent$19,792/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-10,560/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Apr 14, 2026	$4,750,000	—

Facts & Features

Structure & Property

Year Built1984

Garage Spaces4

408-557-8300 (Office) 669-888-4967 (Cell) realtor.paul.oh@gmail.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Call

22990 Santa Cruz Highway 17 — Los Gatos — 3 Beds • 2 Baths • 1,900 Sq Ft | Belmont Brokerage | Belmont Brokerage

22990 Santa Cruz Hwy 17 Los Gatos, CA 95033

About this home

Paul Oh

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Paul Oh

Sale & Tax History

No Recent Sales History

Location

Listing Agent

Presented by Belmont Brokerage Inc.

22990 Santa Cruz Highway 17, Los Gatos, CA 95033

About This Property

Property Photos

22990 Santa Cruz Hwy 17 Los Gatos, CA 95033

About this home

Paul Oh

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Paul Oh

Sale & Tax History

No Recent Sales History

Location

Listing Agent

Presented by Belmont Brokerage Inc.