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$1,198,000

Beds
2
Baths
1.0
sq ft
670

19295 Raineri Ln, Los Gatos, CA 95033

19295 Raineri Ln

Los Gatos, CA 95033

  • <1 day on market
Nestled in the heart of the Los Gatos Mountains, among multi-million-dollar estates in prestigious Lexington Hills on Idylwild, this property offers an exceptional opportunity. This rarely available, completely flat, sunny lot is ideal for the builder or designer ready to create a dream home. Plans for a stunning 4,500-square-foot main house with an ADU are included, and all utilities are already on-site. The existing structure provides a livable option during construction. Design a sleek, contemporary home that harmonizes with the serene natural surroundings, or craft a custom residence to suit your unique vision. Builders and contractors will appreciate the potential to unlock significant equity. Enjoy the lifestyle perks of top-rated Lexington Elementary School, one of the area's finest assets. Embrace the outdoors with exceptional hiking trails and nearby wine tasting, all just minutes from your doorstep. The property boasts easy access to Downtown Los Gatos, the Silicon Valley tech corridor, and highways 85 and 17 offering the perfect blend of tranquil country living and urban convenience. Top Los Gatos Schools: Lexington Elementary, Fisher Middle, and Los Gatos High. Discover one of Silicon Valleys best-kept secrets, where luxury and nature meet just minutes from town.

Details

Property type

Single Family Residence

Est. home value

$756,031

Lot size

0.6887 acres

Price per sq ft

$1,789

Year built

1920

HOA

No

Price History

01/24/2025
BridgeMLS

BridgeMLS #ML81990285

Listed
$1,198,000
+54.18%
05/10/2022
BridgeMLS

BridgeMLS #ML81884039

Sold
$777,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Los Gatos-Saratoga Joint Union High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$512,316
Asking price
$1,198,000
Closing costs (~8% of asking)
-$95,840
Est. remaining loan balance
-$589,844
Cash to seller
$512,316

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

April 2022

Original loan amount

$621,600

Est. remaining balance

$589,844

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

Bar Benbenisty

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/24/2025 at 1:45 AM

Listing updated: 01/24/2025 at 12:20 AM

Listed by: Boyenga Team, Compass Phone #: (408) 373-1660

MLS: BridgeMLS #ML81990285

BridgeMLS logo

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