NOT LISTED FOR SALE

23509 Summit Rd Los Gatos, CA 95033

Estimated Value: $2,531,000 - $3,618,000

4 Beds
3 Baths
3,650 Sq Ft
$862/Sq Ft Est. Value

Last Sold June 18, 2020

Last sale price $2,459,000 $674 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $18,744/month

1 Day on Market

Highlights

  • Barn
  • Stables
  • Private Pool
  • Loma Prieta Elementary School Rated A
  • Horse Property
  • Mountain View

About This Home

As of June 2020

Remarkable mountain estate property situated on close to 5 acres with timeless architecture, elegant design and unrivaled natural surroundings. Originally constructed for prominent Silicon Valley developer Barry Swenson and extensively remodeled and updated by prior owner Paul Mehus of Mehus Construction, the home is impeccable with vaulted ceilings, expansive windows offering stunning views and natural lighting. The gourmet kitchen offers Wolf and SubZero appliances and opens to the great room with views of the surrounding hills and watershed along with the properties own stunning outdoor spaces, including lawn bowling area, putting green, pool and spa. For the equestrian aficionado, there is full 5-stall barn with paddocks, tack room and bathroom, as well as a fully fenced arena. A second barn is also on the property totaling over 1,720 Sq Ft. A secluded RV site with sewer, power and gas is provided. Less than 5 minutes to Hwy 17 and Summit Store and served by top-rated LG schools.

Last Agent to Sell the Property

Cole and Riese

Coldwell Banker Realty License #70010123 Listed on: 05/17/2020

Last Buyer's Agent

Scott Green

Compass License #01913176

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 1973

Lot Details

  • 4.55 Acre Lot
  • Gated Home
  • Partially Fenced Property
  • Wood Fence
  • Lot Sloped Down
  • Mostly Level
  • Drought Tolerant Landscaping
  • Back Yard

Parking

  • 3 Car Attached Garage
  • Electric Gate
  • Off-Street Parking

Property Views

  • Mountain
  • Forest
  • Park or Greenbelt

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Composition Roof
  • Adobe

Interior Spaces

  • 3,650 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Whole House Fan
  • Skylights
  • Wood Burning Stove
  • Formal Entry
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Electric Oven
  • Gas Cooktop
  • Warming Drawer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bathroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Walk-in Shower

Outdoor Features

  • Private Pool
  • Horse Property
  • Deck
  • Shed

Farming

  • Barn
  • Pasture
  • Fenced For Horses

Horse Facilities and Amenities

  • Paddocks
  • Trailer Storage
  • Hay Storage
  • Stables
  • Arena

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Year Built

1973

Lot Details

4.55 Acres

Parking

3

Listing Details

  • Zoning: HS
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3650
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1973

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room, Wood Stove
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Cooktop - Gas, Oven - Electric, Warming Drawer
  • Fireplace: Yes
  • Living Sq Ft: 3650
  • Stories: 2
  • Laundry: In Utility Room
  • Flooring: Hardwood
  • Additional Rooms: Den / Study / Office, Formal Entry, Great Room, Laundry Room
  • Fireplaces Min: 2
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Full On Ground Floor, Split Bath, Stall Shower

Exterior Features

  • Foundation: Post And Pier
  • Pool Description: Yes
  • Roof: Composition
  • View: Forest / Woods, Greenbelt, Mountains
  • Yard/Grounds: Back Yard, Deck, Drought Tolerant Plants, Storage Shed / Structure
  • Horse Property: Yes
  • Fencing: Gate, Horse Fencing, Partial Fencing, Wood
  • Horse Property Description: Arena, Barn, Fenced, Hay Storage, Paddocks, Pasture, Stalls, Trailer Storage
  • Pool: Pool - In Ground, Spa - In Ground
  • Construction Type: Adobe, Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage, Electric Gate, Off-Street Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas, Forced Air
  • Sewer/Septic System: Septic Connected

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • High School: 262

Lot Info

  • Lot Description: Grade - Gently Sloped, Grade - Mostly Level, Grade - Sloped Down, Grade - Varies
  • Lot Acres: 4.5469
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 198061.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 198061.00

Green Features

  • Energy Features: Skylight, Whole House Fan

Multi Family

  • Utilities: Propane On Site, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2022
Sold by
Phillip Carnathan Mark and Phillip Katharyn Mary
Bought by
Carnathan Trust
Current Estimated Value
$3,145,525

Purchase Details

Listed on
May 17, 2020
Closed on
Jun 3, 2020
Sold by
Belquist Jay R
Bought by
Carnathan Mark Phillip and Carnathan Mary Katharyn
Seller's Agent
Cole and Riese
Coldwell Banker Realty
Buyer's Agent
Scott Green
Compass
List Price
$2,439,000
Sold Price
$2,459,000
Premium/Discount to List
$20,000
0.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%
Original Mortgage
$1,967,200
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2014
Closed on
Jul 7, 2014
Sold by
Smith Dean Hickman
Bought by
Belquist Jay R
Seller's Agent
Tiger Teerlink
Compass
Buyer's Agent
Stefan Braken-Guelke
Coldwell Banker Realty
List Price
$2,000,000
Sold Price
$1,900,000
Premium/Discount to List
-$100,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%
Original Mortgage
$1,000,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 15, 2012
Closed on
Jan 25, 2013
Sold by
Wilson Andrea Suzanne Robina
Bought by
Hickman Smith Dean
Seller's Agent
Jane Pacheco
Pacheco Realty & Financial
Buyer's Agent
Tiger Teerlink
Compass
List Price
$1,850,000
Sold Price
$1,750,000
Premium/Discount to List
-$100,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$1,225,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 15, 2012
Closed on
Jan 21, 2013
Sold by
Johnson Carolyn V
Bought by
Hickman Smith Dean
Seller's Agent
Jane Pacheco
Pacheco Realty & Financial
Buyer's Agent
Tiger Teerlink
Compass
List Price
$1,850,000
Sold Price
$1,750,000
Premium/Discount to List
-$100,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2012
Sold by
Bate Russell M and Bate Mary Lou
Bought by
Johnson Carolyn

Purchase Details

Closed on
May 24, 2010
Sold by
Halvorson Gregory O
Bought by
Bate Russell M and Bate Mary Lou

Purchase Details

Closed on
Jul 31, 2008
Sold by
Halvorson Gregory O
Bought by
Halvorson Gregory O

Purchase Details

Closed on
May 21, 2008
Sold by
Halvorson Shelly L
Bought by
Halvorson Gregory O

Purchase Details

Closed on
Apr 11, 2007
Sold by
Mehus Paul C and Mehus Jacqueline A
Bought by
Halvorson Gregory O and Halvorson Shelly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2006
Sold by
Mehus Paul C and Mehus Jacqueline A
Bought by
Mehus Paul C and Mehus Jacqueline A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
6.15%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 22, 2003
Sold by
Mehus Paul C and Mehus Jacqueline A
Bought by
Mehus Paul C and Mehus Jacqueline A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
3.77%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 13, 2003
Sold by
Mehus Paul C and Mehus Jacqueline A
Bought by
Mehus Paul C and Mehus Jacqueline A

Purchase Details

Closed on
Nov 20, 2002
Sold by
Mehus Paul C and Mehus Jacqueline A
Bought by
Mehus Paul C and Mehus Jacqueline A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2001
Sold by
Mehus Paul C and Mehus Jacqueline A
Bought by
Mehus Paul C and Mehus Jacqueline A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 1999
Sold by
Mehus Paul C and Mehus Jacqueline A
Bought by
Mehus Paul C and Mehus Jacqueline A

Purchase Details

Closed on
Apr 20, 1998
Sold by
Mehus Paul C and Mehus Jacqueline A
Bought by
Mehus Paul C and Mehus Jacqueline A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,000
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 1993
Sold by
Mehus Paul C and Mehus Jacqueline A
Bought by
Mehus Paul C and Mehus Jacqueline A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Carnathan Trust -- Gilfix & La Poll Associates Ll
Carnathan Mark Phillip $2,459,000 Cornerstone Title Company
Belquist Jay R $1,900,000 Fidelity National Title Co
Hickman Smith Dean -- First American Title Insuran
Hickman Smith Dean $1,750,000 First American Title Insuran
Johnson Carolyn -- None Available
Bate Russell M $1,920,000 Chicago Title Company
Halvorson Gregory O -- None Available
Halvorson Gregory O -- None Available
Halvorson Gregory O $2,100,000 North American Title Company
Mehus Paul C -- North American Title Company
Mehus Paul C -- North American Title Company
Mehus Paul C -- North American Title Co
Mehus Paul C -- North American Title Co
Mehus Paul C -- --
Mehus Paul C -- Chicago Title
Mehus Paul C -- North American Title Co
Mehus Paul C -- North American Title Co
Mehus Paul C -- --
Mehus Paul C -- Old Republic Title Company
Mehus Paul C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carnathan Mark Phillip $1,967,200
Previous Owner Belquist Jay R $1,000,000
Previous Owner Hickman Smith Dean $1,225,000
Previous Owner Halvorson Gregory O $1,000,000
Previous Owner Mehus Paul C $532,000
Previous Owner Mehus Paul C $556,000
Previous Owner Mehus Paul C $556,000
Previous Owner Mehus Paul C $556,000
Previous Owner Mehus Paul C $566,000
Closed Mehus Paul C $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2020 06/18/20 Sold $2,459,000 +0.8% $674 / Sq Ft
05/19/2020 05/19/20 Pending -- -- --
05/17/2020 05/17/20 For Sale $2,439,000 +28.4% $668 / Sq Ft
07/17/2014 07/17/14 Sold $1,900,000 -5.0% $521 / Sq Ft View Prior Sale
07/15/2014 07/15/14 For Sale $2,000,000 +14.3% $548 / Sq Ft
01/31/2013 01/31/13 Sold $1,750,000 -5.4% $479 / Sq Ft View Prior Sale
12/07/2012 12/07/12 Pending -- -- --
10/15/2012 10/15/12 For Sale $1,850,000 -- $507 / Sq Ft
Source: MLSListings

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $31,058 $2,689,272 $1,595,627 $1,093,645
2024 $31,058 $2,636,542 $1,564,341 $1,072,201
2023 $30,434 $2,584,846 $1,533,668 $1,051,178
2022 $29,687 $2,534,164 $1,503,597 $1,030,567
2021 $29,314 $2,484,475 $1,474,115 $1,010,360
2020 $24,624 $2,087,981 $1,098,938 $989,043
2019 $24,285 $2,047,041 $1,077,391 $969,650
2018 $24,462 $2,006,904 $1,056,266 $950,638
2017 $23,291 $1,967,554 $1,035,555 $931,999
2016 $22,657 $1,928,975 $1,015,250 $913,725
2015 $22,204 $1,900,000 $1,000,000 $900,000
2014 $20,576 $1,757,944 $934,222 $823,722
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Cole and Riese

    Coldwell Banker Realty

  • S

    Buyer's Agent in 2020

    Scott Green

    Compass

    Section Image

  • T

    Seller's Agent in 2014

    Tiger Teerlink

    Compass

    Section Image

  • S

    Buyer's Agent in 2014

    Stefan Braken-Guelke

    Coldwell Banker Realty

    Section Image

  • J

    Seller's Agent in 2013

    Jane Pacheco

    Pacheco Realty & Financial

  • Terri Dawn Pastor

    Buyer's Agent in 2013

    Terri Dawn Pastor

    Keller Williams Realty Riversi

    (951) 264-3850

    5 Total Sales

    Terri Dawn Pastor
    Section Image
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Map

Source: MLSListings

MLS Number: ML81792891

MLSListings

APN: 558-02-039

California Santa Clara County Los Gatos 95033

23509 Summit Rd, Los Gatos, CA

Not Listed for Sale

Detached

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