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407 University Ave, Los Gatos, CA, 95032

4beds
4baths
2,657sqft
$3,695,000
$1,391price/sqft
$23,139/moest. monthly cost
$925,560/yrincome needed

About This Home

Thoughtfully crafted, high-efficiency new construction in the heart of Los Gatos. Total square footage with connected ADU 2,657sf. 4 bedrooms and 4 full bathrooms with soaring ceilings, light-filled flexible living and dining spaces, modern AV and EV features, all on a gated lot in the acclaimed Los Gatos Union School District. Complementing the main residence: a private, fully legal ADU with separate entrance, kitchen, living area, bedroom, and full bath. Cameras on site; (no screenshots).

Getting Around

95
WalkingWalker's Paradise
0
TransitVery Limited Transit
80
BikeVery Bikeable

Schools

10/10
10/10
Los Gatos High SchoolGrades 9-120.4 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2024

Materials

  • Foundation: Concrete Perimeter,Crawl Space,Reinforced Concrete
  • Roof: Composition, Metal
  • Construction materials: Brick,Concrete

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary,Craftsman
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Electric Cooktop,Dishwasher,Freezer,Disposal,Range Hood,Microwave,Electric Oven/Range,Refrigerator,Wine Refrigerator,Water Softener
  • Laundry features: Inside

Bathroom

  • Features: Bidet, DoubleSinks, Marble, StallShower, Tile, Tub, FullonGroundFloor

Bedroom

  • Features: GroundFloorBedroom, PrimarySuiteRetreat, WalkinCloset

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Dining Room

  • Features: BreakfastBar, DiningFamilyCombo, FormalDiningRoom

Family Room

  • Features: SeparateFamilyRoom

Features

  • High Ceilings,Vaulted Ceiling(s),Video Audio System,Open Beam Ceiling,Walk-In Closet(s),Security Gate
  • Flooring: Hardwood,Stone,Tile
  • Fireplace features: Living Room

Heating & Cooling

  • Heating features: Central Forced Air,Gas
  • Cooling features: Ceiling Fan(s),Central Air,Zoned

Interior Area

  • Total structure area: 2,657
  • Total interior livable area: 2,657 sqft

Kitchen

  • Features: _220VoltOutlet, IslandwithSink, Pantry

Property

Details

  • Parcel number: 52907041
  • Zoning: R-1D
  • Special condition: Standard

Features

  • Stories: 2
  • Patio & porch: Balcony/Patio,Deck
  • Exterior features: Fenced
  • Fencing: Back Yard,Gate,Wood
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 6,050 sqft
  • Features: Level

Parking

  • Total spaces: 2
  • Parking features: Detached,Electric Vehicle Charging Station(s),Electric Gate,Garage Door Opener,Guest,Parking Area,Oversized
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters in Santa Clara County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $18,683$224,196
Home Insurance *$325$3,900
Property Taxes $3,562$42,744
Electricity $569$6,837
Total$23,139$277,668
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$793,337/yr
40% on housing$694,170/yr
45% on housing$617,040/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

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.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,391This listing

vs Other Active Listings

Avg $/sqft

ZIP 95032$1,093
Santa Clara County$789

vs Homes Sold Last Month

Median $/sqft

ZIP 95032$1,285
Santa Clara County$1,052

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

DateEventPrice
2026-08-02Listed for sale$3,695,000
2022-05-02Listing removed--
2022-04-15Listed for rent$3,500
2022-01-30Listing removed--
2021-12-07Price change$3,500
2021-09-08Listed for rent$3,600
2021-03-09Listing removed--
2021-02-09Listed for rent$3,500
2020-09-21Sold$1,400,000
2020-08-17Pending sale$1,495,000
2020-08-09Price change$1,495,000
2020-07-24Price change$1,500,000
2020-05-03Listed for sale$1,595,000
2020-03-17Listing removed$1,695,000
2020-03-04Listed for sale$1,695,000
2018-07-19Sold$1,450,000
2018-05-25Pending sale$1,495,000
2018-05-15Listed for sale$1,495,000
2018-03-28Sold$1,650,000

New Construction

AgentEssam Khalil
BrokerageIntero Real Estate Services

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