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17415 Locust Dr, Los Gatos, CA, 95033

2beds
2baths
1,164sqft
$850,000
$730price/sqft
$5,991/moest. monthly cost
$239,640/yrincome needed

About This Home

Amazing views above Lexington Reservoir from this updated Aldercroft Heights Home! Discover this custom-built gem by Pacific Modern Homes (approx 1992), designed for durability and comfort. The interior is bathed in natural light from stunning arched picture windows and french doors, centered around a dramatic living room with soaring vaulted ceilings that create an airy, open sanctuary. The home offers a highly functional layout, with 1 one bedroom & bath upstairs, and another bedroom & bath downstairs, including a spacious basement with a dedicated laundry area. Recent updates include new exterior paint, new wideplank flooring, updated bathroom vanities and fixtures. Featuring the renowned "Pacific SmartWall System," this residence is built with robust construction offering peace of mind in a beautiful, natural setting. Two levels of lovely covered decks are perfect for enjoying morning coffee or serving as a peaceful space. Outdoor living is a dream with breathtaking mountain views with a peek at the reservoir and small yard for gardening and play. Friendly Aldercroft Heights community & proximity to Lexington Reservoir for kayaking, fishing and hiking. Great Commute; 10 minutes to town and best Los Gatos Schools: Lexington Elementary, Fisher Middle and Los Gatos High!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

8/10
10/10
Los Gatos High SchoolGrades 9-123.8 mi

Construction

Condition

  • Year built: 1994

Materials

  • Foundation: Wood Frame
  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven/Range,Refrigerator,Dryer,Washer
  • Laundry features: In Utility Room

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bathroom

  • Features: ShowersoverTubs2plus, FullonGroundFloor

Bedroom

  • Features: GroundFloorBedroom

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: DiningAreainLivingRoom, EatinKitchen

Family Room

  • Features: NoFamilyRoom

Features

  • Vaulted Ceiling(s)
  • Flooring: Carpet,Vinyl Linoleum
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning

Heating & Cooling

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

Interior Area

  • Total structure area: 1,164
  • Total interior livable area: 1,164 sqft

Property

Details

  • Parcel number: 55820017
  • Zoning: HS
  • Special condition: Standard

Features

  • Stories: 2
  • Patio & porch: Deck
  • Fencing: Partial
  • Has view: Yes
  • View description: Mountain(s),Water
  • Has water view: Yes
  • Water view: Water

Lot

  • Lot size: 4,440 sqft
  • Features: Hillside,Sloped Down

Parking

  • Total spaces: 1
  • Parking features: No Garage,Off Street

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

  • Landslide
    LandslideVery High
  • Wildfire
    WildfireVery High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Landslide
Wildfire
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 $4,298$51,576
Home Insurance *$301$3,612
Property Taxes $994$11,928
Electricity $398$4,786
Total$5,991$71,892
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$205,405/yr
40% on housing$179,730/yr
45% on housing$159,760/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

$730This listing

vs Other Active Listings

Avg $/sqft

ZIP 95033$690
Santa Clara County$789

vs Homes Sold Last Month

Median $/sqft

ZIP 95033$608
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
2026-07-28Price change$850,000
2026-07-17Listed for sale$900,000
2021-03-10Listing removed--
2019-05-01Listing removed$2,595
2019-04-17Listed for rent$2,595

For Sale by Agent

AgentNicki Banucci
BrokerageCompass

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