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About this home
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.
Single-familyProperty Type
2026Year Built
2.05 acresLot Size
$805Price/Sq.Ft.
2 car garageParking
Listed by Mark Vantress•DRE #02109166• Christie's International Real Estate Sereno
Civic Center, located between North Santa Cruz Avenue and Los Gatos Creek Trail, is a civic and downtown Los Gatos neighborhood with a walkable grid and a creekside greenbelt. The neighborhood’s character concentrates around North Santa Cruz Avenue at Main Street, where sidewalk patios, independent boutiques, and gallery-style storefronts set a polished, small-town pace. The Los Gatos Theatre anchors evenings with a marquee glow, while Los Gatos Coffee Roasting Company keeps the daytime hum steady. New Museum Los Gatos (NUMU) adds a contemporary cultural note near the town’s historic core. Architecture shifts from early-20th-century cottages to tidy mixed-use blocks around the civic buildings. Los Gatos Creek Park and the trail corridor frame the area with shade, open lawns, and a commuter-friendly bike route.
Provided by Walk Score and Local Logic
Offer insights
70 Reservoir Rd · $2,698,000
$2.73M and above
75% chance or better to win
Why $2.73M+ is a strong offer
DAYS ON MARKET
1 days
The average home goes pending in 15 days.
SALE-TO-LIST
102.7%
Most homes are selling 3% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
Separate family room
Accessory dwelling unit (secondary living space of 903)
Bedrooms
3 bedrooms
Bathrooms
3 full baths
1 half bath
Heating & cooling
No built-in heating
Exterior features
Other roof (see remarks)
Home design
Detached single-family home
New construction / proposed
Parking
Attached 2-car garage
Construction
Other foundation
Utilities
Public water
Public sewer
Public utilities
Other
Living area approximately 3,352
Lot size approximately 2.05 acres
Zoning: R120
Electricity and solar
View estimated energy costs and solar savings for this home
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.
MLSListings #ML82061021
Sep 11, 2026
Listed
$2,698,000
$805/sq ft
Sep 11, 2026
Listed
$2,698,000
$805/sq ft
+5
Year
Property tax
Land + Additions
Assessment*
2025
$3,502 (+2.8%)
$152,827
2024
$3,405 (+3.4%)
$149,831
2023
$3,293 (+0.2%)
$146,894
2022
$3,287 (+4.7%)
$144,014
2021
$3,139 (+3.4%)
$141,191
2020
$3,035 (+2.9%)
$138,423
2019
$2,951 (+3.0%)
$137,004
2018
$2,866 (+4.0%)
$134,318
2017
$2,755
$129,103
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.61 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Santa Clara County
APN
52929064
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 21, 2026.
Local insights from Redfin agents
The average homes sell for about 18% above list price and go pending in around 9 days.
Most homes get multiple offers, often with waived contingencies. Hot Home is a home for sale that is expected to be among the most competitive homes on the...
The Los Gatos housing market remains highly competitive, with strong demand for homes in this desirable community. Over the past three months, the median home price was $2.8M, up 16.5% year over year, reflecting continued buyer interest and limited...
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
3/10 Heat Factor
9 days above 93° expected this year, 18 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
16 unhealthy days expected this year, 16 days in 30 years
Provided by First Street
Historical weather
Los Gatos, CA • 95030
Average low and high temperatures (°F)
60
43
61
45
68
48
67
47
74
51
79
54
80
56
84
58
80
59
74
54
62
46
58
45
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 13% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 70 Reservoir Rd
$2,699,927
$1,927 over list price of $2.70M
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $2.2M to $4.7M.