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ActiveSingle Family

$3,650,000

288 Nino Way, Los Gatos 95032

Beds5
Baths3
Sqft2,877
DOM89
No Photos Available

Size check

The listing's square footage against the county assessor's record and the permits on file.

Listing
2,877 sqft
County record
2,316 sqft
Difference
+561 (+24%)

The listing reports 561 sqft more than the county has on record, and no permit on file since 2020 added floor area.

What can explain a difference
  • Space built without a permit.
  • Permitted work the assessor has not recorded yet.
  • An ADU, a finished basement or a converted garage counted in one figure and not the other.
  • Different measuring. Listing agents and the assessor often measure the same house differently.

Our Los Gatos permit record starts in 2020. Work permitted before then will not appear above.

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AddressIntel AI Briefing

The optimal play is teardown-and-mansionize to replace the 130-year-old home on a massive 33,977 sqft lot. With zero environmental blockers, this project boasts highly lucrative development potential.

Property Permit History

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

Recent Neighborhood Remodeling (Los Gatos)

2026-10-22 • 106 PASEO LAURA, LOS GATOS CA 95032
Residential - E - Other
--Plan Check
2026-10-22 • 202 GRANADA WAY, LOS GATOS CA 95032
Online Pre-aplication
--Received
2026-10-22 • 16370 MATILIJA DR, LOS GATOS CA 95030
Residential - Water Heater
--Pending
2026-10-22 • 134 HERNANDEZ AVE, LOS GATOS CA 95030
Residential - Photovoltaic
--Plan Check
2026-10-22 • 108 SMITH CREEK DR, LOS GATOS CA 95030
Residential - E - Other
--Pending
2026-10-22 • 108 SMITH CREEK DR, LOS GATOS CA 95030
Residential - HVAC
--Plan Check

Parcel & Zoning Info

APN52921017
Official Lot Sqft33,977
Zoning Code--
SB 9 StatusLikely · up to 4 units
Unlock Pathways
Ministerial ADU Ministerial SB 9 Density Bonus
Entitlement RiskLow (0/100)

ADU Potential

Feasibility Score100/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage8.5%

Flag / irregular · Corner lot · ~259 ft frontage × 296 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.

Seller Motivation

Motivation Score20/100
Low motivation
60+ days on market

Inferred from days on market and listing-description language (e.g. "as-is", "estate sale", "motivated seller"). A screening heuristic for likely negotiability, not a statement about the seller's circumstances.

Redevelopment Potential

Redevelopment Score63/100
ClassExpansion room
FAR Utilization56% of allowed
Buildable Headroom+2,220 sqft

Meaningful unused floor-area headroom under current zoning, room to add square footage. Zoning allows roughly 5,097 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

No
Not in a mapped liquefaction zone.

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. Liquefaction and fault flags: modified from California Geological Survey, Web Service of Official Maps of Alquist-Priolo Earthquake Fault Zones and Web Service of Official Maps of Seismic Hazard Zones (2025).

Nearby Public Schools

Elementary School

Louise Van Meter Elementary

Los Gatos Union Elementary

0.3 miles away
Middle School

Raymond J. Fisher Middle

Los Gatos Union Elementary

0.3 miles away
High School

Los Gatos High

Los Gatos-Saratoga Union High

0.6 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

77/100

Based on recent sales velocity and local demand in 95032.

Flippability Score

92/100

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

Bidding War Prob.

20%

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 5,097 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): $1,154/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 5,100 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.

Interest on the purchase price for the whole project plus half the build budget, since construction draws ramp up. The default is 7% over 33 months, the median purchase-to-sale time of 239 real Peninsula and South Bay rebuilds. Set the rate to 0 for a cash purchase, or use your own lender's terms.

Hard Costs$2,805,000
New Build5,100 sqft
Total Capital Required$6,630,000
Estimated Resale (ARV)$6,181,200
Cost of Sale (5%)-$309,060
Carry (33mo @ 7%)-$989,450
Net Proceeds$4,882,690

Projected Profit

-$1,747,310
-26.4% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Los Gatos 95032)

Sized to the modelled 5,100 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

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Sold
$4,000,000
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$/Sqft: $895

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16250 Brooke Acres Dr

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