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20955 Panorama Dr, Los Gatos, CA, 95033

4beds
3baths
2,394sqft
$1,850,000
$773price/sqft
$12,343/moest. monthly cost
$493,720/yrincome needed

About This Home

Sun-filled Aldercroft Heights home with awesome canyon views and privacy behind a motorized gate, less than 15 minutes from downtown Los Gatos. Updated main level offers a modern kitchen with breakfast nook, spacious living room with wood burning fireplace, 3 bedrooms/2 bathrooms, and a sunroom for extra living space. Flexible layout includes potential office or formal dining room. Includes high ceilings, ceiling fans, french doors, and other details. Lower level includes an additional en-suite bedroom/bathroom, 2 wood stoves, large entertainment room with the opportunity to create a separate unit with private entrance, and lots of charm! Multiple decks, additional structures for studio/office/workshop, new attic insulation, and completed inspections. Includes parcel (APN #558-22-018) across the street. Excellent schools. A unique property with abundant space, views, and endless possibilities! Twilight/furnished photos are virtual.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

8/10
10/10
Los Gatos High SchoolGrades 9-124.2 mi

Construction

Condition

  • Year built: 1975

Materials

  • Foundation: Block,Concrete Perimeter,Pillar/Post/Pier,Other
  • Roof: Composition, Wood

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Cooktop,Dishwasher,Disposal,Microwave,Gas Oven/Range,Refrigerator,Dryer,Washer
  • Laundry features: Upper Floor,Inside

Bathroom

  • Features: ShowersoverTubs2plus, StallShower, UpdatedBaths

Bedroom

  • Features: PrimarySuiteRetreat2plus, WalkinCloset, PrimaryBedroomonGroundFloor, PrimaryBedroom2plus

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Features: BreakfastNook, EatinKitchen, Skylights

Family Room

  • Features: SeparateFamilyRoom

Features

  • High Ceilings,One Or More Skylights,Wet Bar,Walk-In Closet(s),Security Gate
  • Flooring: Tile,Wood
  • Number of fireplaces: 3
  • Fireplace features: Family Room,Free Standing,Gas Starter,Living Room,Other,Wood Burning

Heating & Cooling

  • Heating features: Central Forced Air,Propane
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,394
  • Total interior livable area: 2,394 sqft

Kitchen

  • Features: Pantry, Skylights

Property

Details

  • Parcel number: 55822009
  • Zoning: HS
  • Special condition: Standard

Features

  • Stories: 2
  • Patio & porch: Deck
  • Exterior features: Gazebo,Storage Shed Structure
  • Spa features: Other,Cover
  • Fencing: Gate,Other,Partial
  • Has view: Yes
  • View description: Canyon,Mountain(s)

Lot

  • Lot size: 1.01 Acres
  • Features: Hillside

Parking

  • Total spaces: 4
  • Parking features: Covered,Electric Vehicle Charging Station(s),Oversized
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 4
  • Carport: Yes
  • Carport 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

  • 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 $9,354$112,248
Home Insurance *$656$7,872
Property Taxes $1,820$21,840
Electricity $513$6,160
Total$12,343$148,116
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$423,188/yr
40% on housing$370,290/yr
45% on housing$329,146/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

$773This listing

vs Other Active Listings

Avg $/sqft

ZIP 95033$684
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
2026-08-08Price change$1,775,000
2026-06-12Listed for sale$1,850,000
2021-01-15Sold$1,560,000
2020-12-29Contingent$1,649,000
2020-12-19Pending sale$1,649,000
2020-10-17Listed for sale$1,649,000
2017-04-19Sold$1,225,000
2017-03-20Pending sale$1,250,000
2017-03-13Listed for sale$1,250,000
2016-10-30Listing removed$1,199,998
2016-09-19Price change$1,199,998
2016-04-15Listed for sale$1,250,000

For Sale by Agent

AgentKathy Royer
BrokerageColdwell Banker Realty

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