This is a 14000 square foot home with about 3250 square feet of interior living space located just to the north and across the street from the projected location of The North 40, a well known and sizable development effort that is being planned in Los Gatos. While this listed property is zoned for residential housing, the seller sees a potential commercial buyer investing in the property and re-zoning the parcel to take advantage of the proximity to The North 40 development or Good Samaritan Hospital, located just up the street.
Just as likely, an investor may want to keep the property as an income investment as it currently has a 9000 dollar a month rent roll. The home has a huge parking lot and eleven bedrooms on the property to accommodate this use. It also includes 4 full baths and 4 partial bathrooms distributed between the main house and a guest house located in the back yard.
Finally, the home could be easily transformed into a convalescent boarding home or a halfway house that can draw clients from the local medical community that supports Good Samaritan Hospital. Extensive interior and exterior common areas can accommodate this use while providing relaxed and spacious living.
Some of the exterior scenes of this tour have been artistically amended to provide a glimpse of the potential of the existing grounds.