16840 Cypress Way, Los Gatos, CA, 95030
About This Home
Welcome to an exquisite Mediterranean estate nestled in the foothills of Los Gatos at 16840 Cypress Way. Located at the bottom of Cypress Way, this gated property offers privacy and dramatic views with easy access to the vibrant downtown. This luxurious residence boasts breathtaking vistas of the valley, offering a stunning 5,844sf± of refined living space. Designed for both elegance and comfort, the home features 5 sumptuous bedrooms, each with private ensuite bath, including a convenient main level suite for multi-generational living. The expansive main level is thoughtfully arranged, encompassing a formal living room, spacious office, kitchen/great room, and a formal dining room that opens onto a voluminous covered patio. Perfect for entertainment, this outdoor space overlooks the verdant gardens and enchanting water features. The property spans over 2.03± acres. This gated sanctuary is complemented by a 1,200sf± pool house, jacuzzi pavilion, and sunning terrace, inviting you to indulge in the serene surroundings. Enter through a custom gated entry onto an expansive car park, accented by a central fountain, setting the stage for a truly luxurious living experience. Award winning Los Gatos Schools!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1992
Materials
- Foundation: Concrete Perimeter
- Roof: Tile
Type & Style
- Home type: SingleFamily
- Architectural style: Mediterranean
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Gas Cooktop,Dishwasher,Disposal,Range Hood,Gas Oven/Range,Refrigerator,Washer/Dryer,Warming Drawer
- Laundry features: Tub/Sink,Inside,In Utility Room
Bathroom
- Features: DoubleSinks, PrimaryStallShowers, ShowerandTub, ShoweroverTub1, StallShower, StallShower2plus, Tile, PrimaryOversizedTub, OversizedTub
Bedroom
- Features: GroundFloorBedroom, PrimarySuiteRetreat, WalkinCloset
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Dining Room
- Features: BreakfastRoom, EatinKitchen, FormalDiningRoom
Family Room
- Features: SeparateFamilyRoom
Features
- High Ceilings,One Or More Skylights,Video Audio System,Walk-In Closet(s)
- Flooring: Carpet,Hardwood,Tile
- Number of fireplaces: 3
- Fireplace features: Family Room,Living Room,Primary Bedroom,Two Way
Heating & Cooling
- Heating features: Central Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 5,844
- Total interior livable area: 5,844 sqft
Kitchen
- Features: Countertop_Granite, Island, Pantry
Property
Details
- Parcel number: 53223098
- Zoning: R110
- Special condition: Standard
Features
- Stories: 2
- Patio & porch: Balcony/Patio,Deck,Enclosed
- Exterior features: Back Yard,Fenced,Gazebo
- Spa features: Other,Spa/HotTub
- Fencing: Mixed Height Type
- Has view: Yes
- View description: City Lights,Mountain(s),Valley
Lot
- Lot size: 2.03 Acres
- Features: Mostly Level,Sloped Down,Sloped Up
Parking
- Total spaces: 20
- Parking features: Attached,Electric Gate
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
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
- Landslide
- Heat Wave
- Inland Flooding
- Wildfire
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 | $42,970 | $515,640 |
| Home Insurance * | $858 | $10,296 |
| Property Taxes | $8,425 | $101,100 |
| Electricity | $1,253 | $15,038 |
| Total | $53,506 | $642,072 |
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 |
|---|---|---|
| 2026-04-21 | Listed for sale | $8,498,000 |
| 2011-06-09 | Sold | $1,998,083 |
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