Introducing Rare Los Gatos 5 Homes on an 11.6-acre Lot! Nestled just above the town of Los Gatos, where multimillion-dollar estates abound, lies a beautiful 11.6-acre lot w/stunning views of nature, mountains & Silicon Valley's glittering nightscapes. This one-of-a-kind property features 5 charming cottages, formerly mountain resorts & an array of additional amenities, including a private pond, gardens, multiple sheds for storage, parking pads & carports. The 5 cottages comprise four 2-bed/1-bath units & one 1-bed/1-bath unit. The property also boasts a 2.5-acre flat meadow, perfect for hosting events or providing a child's wonderland, complete w/ an art house/storage, outdoor kitchen & yurt. In addition to its stunning natural surroundings, the property is conveniently located just 5 minutes from Highway 17 & 10 minutes from the luxurious downtown Los Gatos, with its plethora of restaurants, farmers markets & highly-regarded schools. This property is a rare opportunity to own a slice of paradise in one of the most sought-after locations in the Bay Area. Currently generating $180,768 in rental income per year, it presents an excellent investment opportunity & potential for more!
Features
4926 sq. ft. floor area
crop_free506250 sq. ft. lot size
cottageOther
Property history for 20201 Thompson Rd
2017
Sold
Undisclosed
28 Dec 2017 by Ruth Mistry, of Coldwell Banker Residential Brokerage - Los Gatos
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Sold
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