359 Penn Way, Los Gatos, CA, 95032
About This Home
Welcome to 359 Penn Way, a thoughtfully redesigned home where modern elegance meets exceptional craftsmanship. Completely remodeled from top to bottom, this turnkey residence features an open-concept floor plan centered around a stunning chef's kitchen with premium finishes, custom cabinetry, high-end Thermador appliances, and an oversized island. Extensive upgrades include remodeled bathrooms, hardwood flooring, recessed lighting, solid-core doors, new plumbing, updated electrical with 200-amp service, new HVAC, dual-pane windows, and designer finishes throughout. Enjoy seamless indoor-outdoor living with a spacious backyard featuring a large grass area, expansive patio, and outdoor chef's kitchenperfect for entertaining and everyday living. Ideally located in one of Los Gatos' most desirable neighborhoods near top-rated schools, parks, shopping, dining, and major commute routes, this is a rare opportunity to own a fully redesigned, move-in-ready home.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1960
Materials
- Foundation: Concrete Perimeter
- Roof: Other
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Laundry features: Gas Dryer Hookup,In Garage
Bathroom
- Features: PrimaryStallShowers, ShoweroverTub1, Tile
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Dining Room
- Features: DiningArea
Family Room
- Features: SeparateFamilyRoom
Features
- Door features: None
- Flooring: Hardwood,Tile
- Number of fireplaces: 1
- Fireplace features: Family Room,Other Location,Wood Burning
Heating & Cooling
- Heating features: Central Forced Air Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,332
- Total interior livable area: 1,332 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 042411027
- Zoning: R18
- Special condition: Standard
Features
- Stories: 1
- Exterior features: Back Yard,Fenced
- Fencing: Back Yard,Wood
Lot
- Lot size: 6,262 sqft
Parking
- Total spaces: 1
- Parking features: Attached,Other
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Santa Clara County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $12,884 | $154,608 |
| Home Insurance * | $224 | $2,688 |
| Property Taxes | $5,119 | $61,428 |
| Electricity | $398 | $4,786 |
| Total | $18,625 | $223,500 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-14 | Price change | $2,448,000 |
| 2026-07-25 | Listed for sale | $2,548,000 |
| 2026-04-30 | Sold | $1,900,000 |
View on Zillow