$1,000,000
PENDING

Estimated payment $6,328/month

Total Views 6,776
6.55 Acres
$152,672 Price per Acre
285,318 Sq Ft Lot

Highlights

  • 6.55 Acre Lot
  • Lexington Elementary School Rated A-
  • Partially Fenced Property

About This Lot

Discover an unparalleled opportunity to build your dream estate on this stunning multi-acre parcel overlooking the serene Lexington Reservoir in Los Gatos. Nestled in the foothills of the Santa Cruz Mountains, this exceptional property offers breathtaking water views, lush natural surroundings, and the perfect balance of seclusion and convenience. The last parcel with direct water access and tremendous potential for an estate or multi-generational homesite. With ample acreage, this parcel provides endless possibilities for a luxury home, vineyard, equestrian retreat, or private sanctuary. Enjoy easy access to Highway 17, making Silicon Valley, downtown Los Gatos, and top-rated schools just a short drive away. Outdoor enthusiasts will love the proximity to hiking and biking trails, open space preserves, and water activities on the reservoir. Served by top-rated Lexington Elementary and Los Gatos High School. Offered with neighboring parcel to give close to 10 acres of land and two adjacent parcels with either combined or separate access. Two curb cuts exist. Power and water available at street. Prior approval for development may be possible to restore with County. Buyer to satisfy/verify.

Listing Agent

Michael Riese

Coldwell Banker Realty License #01366625 Listed on: 03/06/2025

Coldwell Banker Realty

Property Details

Property Type

  • Land

Lot Details

  • 6.55 Acre Lot
  • Partially Fenced Property
  • Lot Sloped Down

Additional Features

  • Electricity Available at Street
  • Horses Potentially Allowed on Property

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Zoning: HS
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: May Not Be Subdivided, Unimproved Land
  • Special Features: UnderContract
  • Property Sub Type: LotsLands

Exterior Features

  • Horse Property: Possible
  • Fencing: Partial Fencing

Schools

  • School District: Los Gatos-Saratoga Joint Union High
  • Elementary School: Lexington Elementary
  • Middle School: Raymond J. Fisher Middle
  • High School: Los Gatos High
  • High School: 262
  • Elementary School: 142
  • Middle School: 141

Lot Info

  • Lot Description: Grade - Sloped Down, Grade - Varies
  • Lot Acres: 6.5500
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 285318.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 285318.00
  • Parcel Access: County Maintained Road

Multi Family

  • Utilities: Electricity - Available At Street, Public Utilities

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Pending -- -- --
04/30/2025 04/30/25 For Sale $195,000 -80.5% --
03/06/2025 03/06/25 For Sale $1,000,000 -- --
Source: MLSListings

About the Listing Agent

Michael Riese

Coldwell Banker Realty

(669) 322-3108

Section Image

Michael Riese is a seasoned real estate broker with over 20 years of experience in the industry. He is a second-generation broker and has consistently been a top producer at Coldwell Banker Realty, Silicon Valley's leading real estate office. Michael specializes in luxury residential properties, land development, and investment opportunities across the Bay Area. His extensive background includes managing hundreds of transactions, providing unparalleled negotiation skills, and utilizing

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Source: MLSListings

MLS Number: ML81988203

MLSListings