Back to Search
ActiveSingle Family

$1,974,500

302 Creekside Village Dr, Los Gatos 95032

Beds3
Baths2.5
Sqft1,502
DOM6
No Photos Available

AddressIntel AI Briefing

This modern 2005 build is best suited as a long-term rental holding as SB 9 is entirely blocked and ADU feasibility is restricted to just 20/100. High existing lot coverage and a local liquefaction zone kill any realistic redevelopment or expansion potential. Investors should focus on the steady cash flow of the updated existing structure.

Property Permit History

No permit history found directly associated with this property's address.

Recent Neighborhood Remodeling (Los Gatos)

2026-08-21128 BELHAVEN DR, LOS GATOS CA 95032
Residential - Copper Re-pipe
--Plan Check
2026-08-2116501 MARCHMONT DR, LOS GATOS CA 95032
Online Pre-aplication
--Received
2026-08-2114563 EASTVIEW DR, LOS GATOS CA 95032
Online Pre-aplication
--Pending
2026-08-21365 PENNSYLVANIA AVE, LOS GATOS CA 95030
Residential - HVAC
--Pending
2026-08-21148 MARICOPA DR, LOS GATOS CA 95032
Online Pre-aplication
--Received
2026-08-21220 WOODED VIEW DR, LOS GATOS CA 95032
Online Pre-aplication
--Received

Parcel & Zoning Info

APN52963037
Official Lot Sqft2,178
Zoning Code--
SB 9 StatusBlocked
SB 9 Block Reasons
Lot below 2,400 sqft (no split)
Development Blockers
Liquefaction
Unlock Pathways
Ministerial ADU
Entitlement RiskLow (6/100)

ADU Potential

Feasibility Score20/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size500 sqft
Existing Coverage69%

Flag / irregular · Corner lot · ~69 ft frontage × 73 ft deep, a tucked-away rear unit is very private; access is typically via the pole driveway. A second street frontage lets an ADU take its own entrance and address.

Screening heuristic based on lot size, existing coverage, lot orientation, and hazard overlays. CA ADU law is ministerial statewide; verify max size, setbacks, and JADU owner-occupancy with the local planning dept.

Redevelopment Potential

Redevelopment Score4/100
ClassBuilt out
FAR Utilization174% of allowed
Buildable Headroom+0 sqft

Existing home already uses most of the allowable floor area, little expansion headroom. Zoning allows roughly 865 sqft of gross floor area on this lot.

Screening estimate comparing existing living area to the city's single-family floor-area limit. FAR rule curated from current municipal code. Source: Los Gatos Town Code 29.40.075 (as of 2026-06-30). Verify FAR, coverage, setbacks, and height with the local planning dept.

Hazard Snapshot

Flood Zone

X
Area of minimal flood hazard.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

Yes
In a mapped liquefaction zone. May require specialized foundation engineering.

Fault Zone

No
Not in a mapped Alquist-Priolo fault zone.

Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities.

Nearby Public Schools

Elementary School

Louise Van Meter Elementary

Los Gatos Union Elementary

0.5 miles away
Middle School

Raymond J. Fisher Middle

Los Gatos Union Elementary

0.6 miles away
High School

Los Gatos High

Los Gatos-Saratoga Union High

0.4 miles away

School boundaries are subject to change. Nearest school distance does not guarantee enrollment eligibility. Check with the local district. Data provided by CDE.

Proprietary Intelligence

Market Heat Index

75/100

Based on recent sales velocity and local demand in 95032.

Flippability Score

15/100

Measures neighborhood renovation density vs. recent permits on this property.

Bidding War Prob.

18%

Likelihood of multiple offers based on local list-to-sale ratios and DOM.

Proforma ROI Calculator

Back-of-the-napkin deal analysis across development strategies.

Zoning allows roughly 1,502 sqft on this lot, and the default builds to that envelope. The FAR figure is a discretionary-review trigger, not a hard cap.

Median of 12 recent single-family sales in Los Gatos (95032): $1,506/sqft. Sized within 25% of the 1,500 sqft build, because smaller houses sell for more per foot and pricing a rebuild off them overstates resale.

Commission, transfer tax and closing. Deducted from resale before profit, so the ROI below is net of the exit rather than gross.

Carry on total capital for the project duration. At 0% the model is a cash purchase; 12 months at a typical construction-loan rate moves ROI by 6 to 10 points on a deal this size, so price it with your real rate.

Hard Costs$825,000
New Build1,500 sqft
Total Capital Required$2,974,500
Estimated Resale (ARV)$2,259,000
Cost of Sale (5%)-$112,950
Net Proceeds$2,146,050

Projected Profit

-$828,450
-27.9% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Los Gatos 95032)

Sized to the modelled 1,500 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

338 Creekside Village Dr

Sold
$2,175,000
Sold: 2026-07-31
Lot: 4,451
Sqft: 1804
$/Sqft: $1,206

402 Bella Vista Ave

Sold
$3,100,000
Sold: 2026-07-27
Lot: 8,855
Sqft: 1711
$/Sqft: $1,812

135 Creekside Village Dr

Sold
$1,830,000
Sold: 2026-07-17
Lot: 2,353
Sqft: 1502
$/Sqft: $1,218

16404 Mozart Ave

Sold
$1,500,000
Sold: 2026-07-16
Lot: 13,603
Sqft: 1477
$/Sqft: $1,016

1341 Elwood Dr

Sold
$1,800,000
Sold: 2026-07-08
Lot: 5,400
Sqft: 1492
$/Sqft: $1,206

98 Forrest Ave

Sold
$2,310,000
Sold: 2026-07-02
Lot: 4,792
Sqft: 1500
$/Sqft: $1,540

16899 Kennedy Rd

Sold
$3,210,000
Sold: 2026-07-02
Lot: 16,080
Sqft: 1807
$/Sqft: $1,776

16857 Farley Rd

Sold
$2,415,000
Sold: 2026-06-26
Lot: 8,820
Sqft: 1605
$/Sqft: $1,505

16737 Leroy Ave

Sold
$2,300,000
Sold: 2026-06-16
Lot: 8,961
Sqft: 1525
$/Sqft: $1,508

175 LA Canada Ct

Sold
$2,200,000
Sold: 2026-06-09
Lot: 8,050
Sqft: 1155
$/Sqft: $1,905

103 Belwood Gtwy

Sold
$2,598,000
Sold: 2026-06-05
Lot: 11,385
Sqft: 1730
$/Sqft: $1,502

16689 Magneson Loop

Sold
$4,000,000
Sold: 2026-06-04
Lot: 7,980
Sqft: 1242
$/Sqft: $3,221