Business
Los Gatos Residence Fetches $3.4 Million in Recent Sale
A single-family home located on the 100 block of Fairmead Lane in Los Gatos has recently changed hands for a significant sum. The property, which spans 2,032 square feet and was built in 1963, was sold for $3,410,000 on October 17, 2025. This translates to a price of $1,678 per square foot.
The single-story residence features three bedrooms and two bathrooms, making it suitable for families or individuals seeking ample space. Inside, the home is equipped with a fireplace, providing a cozy atmosphere during cooler months. Additionally, the property includes a heating system and offers two dedicated parking spots, ensuring secure and convenient parking.
The lot size of the home measures 8,134 square feet, providing ample outdoor space for potential landscaping or leisure activities. This recent sale reflects ongoing interest in the Los Gatos real estate market.
Recent comparable transactions in the area highlight the competitive nature of the market. In July 2024, a home located on the 16200 block of Blossom Hill Road sold for $2,296,000. This property, with three bedrooms and one bathroom, showcases the range of options available in Los Gatos.
Another notable sale occurred on Hillbrook Drive in October 2022, where a 1,614-square-foot home fetched $2,600,000, equating to a price of $1,611 per square foot. This home also featured three bedrooms and two bathrooms, further illustrating the area’s appeal.
In August 2022, a larger 2,870-square-foot residence on the 100 block of Lansberry Court sold for $3,300,000, or $1,150 per square foot. This property boasted five bedrooms and 2.5 bathrooms, catering to families needing additional space.
These transactions emphasize the demand for homes in Los Gatos, and the latest sale on Fairmead Lane is indicative of the ongoing attractiveness of this community. As real estate trends continue to evolve, potential buyers and investors will likely keep a close eye on developments in this area.
The information presented is compiled from public records registered by local county offices, ensuring accuracy and reliability in these reports.
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