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Breathtaking 3.08 acre lot just a half-mile +/- off HWY 17 and minutes from Downtown Los Gatos. Dramatic views of Lexington reservoir, city lights, adjacent vineyards and the beautiful Los Gatos Hills. The setting and views are amazing! Two of the neighboring parcels just sold in 2022. One sold at $2.190M and the other sold at $1.860M. The subject property is superior to the recent sales and boasts better views, better access and more privacy once developed. This is the best lot and location in this enclave of properties. The access to the subject property is off Quail Ridge Drive which is a private road versus Bear Creek Road access. This is a significant value and a much better and exclusive approach to the property. For those looking to build the ultimate lifestyle view property in the foothills of Los Gatos, this property will exceed expectations. Award winning Los Gatos schools!
Listing agent: David Welton DRE #00922957 david.welton@compass.com, Listing office: Compass
MLS data updated 10/28/2026, 8:43:31 PM PT
Source: CRMLS, MLS #: ML81900400
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Mar 28, 2023
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
$1,000,000Closed sale · Mar 28, 2023ZIP 95033 · Mar 2023
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.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.