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$9,500,000

Beds
5
Baths
5.0
sq ft
2,868

22700 Old Santa Cruz Hwy, Los Gatos, CA 95033

22700 Old Santa Cruz Hwy

LOS GATOS, CA 95033

  • 322 days on market
    • Price drop $1,000,000↓
Legendary Chateau Liberte is a landmark property at the Summit of Old Santa Cruz Hwy, presiding over seventy-two pristine acres of old growth Redwood forests with three parcels. The main residence is restored with milled Redwood from the property. The income producing multiple rental dwellings include two cottages, a magical treehouse, and a secluded Cavco cedar cabin home. There is a large swimming pool, ponds, creeks, waterfalls with an underground prolific spring fed cistern supplying water to all the houses, pool, and ponds. Multiple fruit and nut trees with ten acres of arable land for vineyards of Pinot Noir or Chardonnay grapes. There is horse property potential and the Williamson Act encompasses all parcels. Your own private world awaits with rolling meadows, Koi and turtles in the pond and its own idyllic lounging dock. Only eight miles to the charming Los Gatos village, this majestic property offers a once in a lifetime opportunity for the next steward of legendary Chateau Liberte.

Details

Property type

Single Family Residence

Est. home value

$1,587,691

Lot size

72.00 acres

Price per sq ft

$3,313

Year built

1910

Price History

04/24/2024
MLSL

MLSL #ML81939075

Price change
$9,500,000
-9.52%
08/18/2023
MLSL

MLSL #ML81939075

Listed
$10,500,000

Schools & Community

Elementary school: 

127

Middle school: 

C. T. English Middle

High school: 

Unknown

High school district: 

Los Gatos-Saratoga Joint Union High

Seller’s Loan History

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

Lender

1St National Lending Services

Loan start date

June 2006

Original loan amount

$417,000

Est. remaining balance

Not provided

Interest rate

6.59%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

George F Rabe

Lender

Ditech Funding Corp

Loan start date

February 1999

Original loan amount

$170,000

Est. remaining balance

$51,784

Interest rate

6.69%

Loan type

Not Provided, 30 year

Seller

George F Rabe and Janice L Rabe

Lender

Monterey Bay Bank

Loan start date

May 1997

Original loan amount

$150,000

Est. remaining balance

Not provided

Interest rate

8.25%

Loan type

Not Provided, 30 year

Seller

George F Rabe and Janice L Rabe

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: 07/05/2024 at 9:45 PM

Listing updated: 07/03/2024 at 5:55 AM

Listed by: Michele Altman, Michele Altman, Michele Altman, Sotheby's International Realty Phone #: (831) 624-1566

MLS: MLSL #ML81939075

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