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$499,900

Beds
2
Baths
1.5
sq ft
764

25054 Highland Way, Los Gatos, CA 95033

25054 Highland Way

LOS GATOS, CA 95033

  • 39 days on market
    • Price drop $95,100↓
Please read entire description. Beautiful 2 BR, 1.5 BA mountain home on 5 acres (about 1 acre usable), This off-grid home is powered by an efficient solar electric system with battery backup and generator. Originally built in 1990 without permits, the property has had a building code violation on record for over 20 years, which is not feasible to correct at this time. Santa Cruz county has allowed occupancy since then. Seller has recently invested over $100,00 in upgrades. This property is available for a cash sale only, as bank financing is not an option. However, the seller may consider carrying with a 50% down payment. The road leading to the home is partially paved and dirt but passable year-round. Please respect the neighbors' privacy: NO DRIVE-BYS. Do not drive or walk down Canyon Vista without an appointment. This home can serve as your permanent residence or a peaceful weekend getaway. Enjoy the expansive view of the Demonstration Forest. Very quiet and peaceful. Schedule an appointment today to tour this tranquil retreat. 48 hour notice required to show.

Details

Property type

Single Family Residence

Est. home value

$512,850

Lot size

5.36 acres

Price per sq ft

$655

Year built

1990

Price History

06/25/2024
MLSL

MLSL #ML81967295

Price change
$499,900
-15.98%
05/27/2024
MLSL

MLSL #ML81967295

Listed
$595,000

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

Jack Jennings Etal

Loan start date

October 2010

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

4.36%

Loan type

Not Provided

Seller

Brian Millen

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 10:15 PM

Listing updated: 07/01/2024 at 10:04 AM

Listed by: Michael Scherer, Michael Scherer, Michael Scherer, Michael Scherer, Cruz Properties Phone #: (408) 353-6453

MLS: MLSL #ML81967295

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