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$8,500,000

Beds
5
Baths
5.5
sq ft
2,868

22700 Old Santa Cruz Hwy, Los Gatos, CA 95033

22700 Old Santa Cruz Hwy

Los Gatos, CA 95033

  • 72 days on market
    • Price drop $1,000,000↓
Legendary Chateau Liberte' is a landmark property at the Summit of Old Santa Cruz Highway, presiding over seventy-two pristine acres of towering Redwood forests.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 or arable land for vineyards of Pinot Noir and Chardonnay grapes. There is incredible horse property potential with manicured trails encompassing all 72 acres. The Williamson Act encompasses all parcels. Two RV sites with full utility hook-ups. 5,240 feet of security fencing with a security gate. Six-tenths of a mile private paved driveway. Your own private world awaits with rolling meadows, Koi and Turtles in the 360,000 gallon pond with it's own idyllic dock. Top Los Gatos Schools. APN# 558-04-045,16 acres, SCC Cert. of Compliance included, 3 parcels total. Only eight miles to the charming Los Gatos village, this majestic property offers a once in a lifetime opportunity for the next steward of the legendary Chateau Liberte'.

Details

Property type

Single Family Residence

Est. home value

$1,587,691

Lot size

72.0 acres

Price per sq ft

$2,964

Year built

1920

HOA

No

Price History

10/22/2024
BridgeMLS

BridgeMLS #ML81980206

Price change
$8,500,000
-10.53%
09/13/2024
BridgeMLS

BridgeMLS #ML81980206

Listed
$9,500,000
08/11/2024
BridgeMLS

BridgeMLS #ML81939075

Removed
$9,500,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

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

$48,528

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?

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Status: Active

Tomo last checked: 11/24/2024 at 4:20 PM

Listing updated: 11/15/2024 at 11:40 PM

Listed by: George Rabe, Intero Real Estate Services Phone #: (408) 234-8238

MLS: BridgeMLS #ML81980206

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