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2 photos · MLS data verified October 9, 2026 · Updated every 15 min
$2,380,000 ActiveUnderContract
1 Beds·1 Baths·364 sqft·20,636 sqft lot·Built 1920
585 Vasona Ave, Los Gatos, CA 95032
Listed 21 days ago ·  |  MLS# ML82041031
$6,538/sqft +390.8% vs Los Gatos single family home median ($1,332/sqft, 2026)

585 Vasona Ave is a single-level, 1-bedroom, 1-bath single family home in Los Gatos 95032 with 364 square feet of living space, built in 1920. It is listed at $2,380,000, or $6,538 per square foot. The 2026 median sale price for a Los Gatos single family home is $3M, and the three most recent 1-bedroom sales in 95032 closed between $440,000 and $1,492,500 ($539 to $1,108 per square foot).

Est. $15,090/moP&I $12,349 · Tax $2,479 · Insurance $262 · HOA $0Assumes 20% down ($476,000) at 6.75% · Contact Timothy for a lender referralAegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use a property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
Single Family Price Position in Los Gatos
2026 median sale $3M
This Home $2.4M
$1.2M$4.9M
97Active in Los Gatos
107Active Single Family Homes
12Median DOM, Sep
$1,211Median $/SqFt, 2026
102.5%Sale-to-List, Sep
3.6 moInventory
For HomeownersOwn a home in Los Gatos? Los Gatos homes sold at 102.5% of list price in a median of 12 days in September 2026.See What Yours Would Sell For →

Why This Home Stands Out

🏠
Single Level, 1 Bed / 1 Bath, 364 sqft
Everything on one floor. Built in 1920.
💰
$2,380,000, Below the 2026 Los Gatos Single Family Median of $3M
$6,538/sqft against a 2026 Los Gatos single family home median of $1,332/sqft (390.8% above).
Best fit forActive BuyersLos Gatos SearchersMove-Up / Move-In

About 585 Vasona Ave

Value is in the land. Rare opportunity to acquire an exceptional 20,600± SF parcel in a prime Los Gatos location in the heart of Silicon Valley. Offering significant redevelopment potential, this oversized property presents an exciting opportunity for builders, developers, and investors looking to unlock the value of a substantial parcel in one of the Bay Areas most desirable communities. Explore the possibilities for new construction, an SB 9 lot split, duplex configurations, and/or Accessory Dwelling Unit(s) (ADU) and Junior ADU (JADU), subject to applicable requirements and approvals. With its generous lot size, sought-after Los Gatos location, and multiple potential development paths, opportunities of this scale are increasingly difficult to find. Buyer to independently investigate and verify development potential, allowable uses, lot split eligibility, and all requirements with the Town of Los Gatos and other applicable agencies.
MLSListings IDX
MLS ID #ML82041031, Joanne McPhee. Listing provided by Coldwell Banker Realty · MLSListings Inc.
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Property Details for 585 Vasona Ave

Overview

Property Type
Single Family Residence
Year Built
1920
Stories
1
Bedrooms
1
Bathrooms
1 Full
Living Area
364 sqft
Lot Size
20,636 sqft (0.47 acres)
Price/sqft
$6,538
Status
ActiveUnderContract

Interior

Kitchen
Dining area, Other
Heating
Wall furnace
Cooling
None
Family Room
Kitchen family room combo

Exterior and Parking

Roof
Other
Foundation
Other
Zoning
R-1-8

Community and HOA

Utilities
Public, Water public
County
Santa Clara
City
Los Gatos
ZIP Code
95032

Schools

School District
Campbell Union Elementary
Los Gatos Schools
View Los Gatos schools

Listing

MLS Number
ML82041031
Listed
September 18, 2026
Days on Market
21
Listing Agent
Joanne McPhee
Listing Brokerage
Coldwell Banker Realty
Data Verified
October 9, 2026

Source: MLSListings Inc. School attendance boundaries are set by the district and can change; verify directly with the district.

Location

This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold
585 Vasona Ave, Los Gatos, CA 95032 · Santa Clara County

Market Context

Price Positioning
$ Price context: Listed at $6,538/sqft vs a 2026 Los Gatos single family home median of $1,332/sqft (390.8% above).
$ Sale-to-list: Los Gatos sales closed at 102.5% of list price in September 2026.
⏲ Velocity: City median 12 days (September 2026). This home: 21 days.
🏠 Inventory: 5 1-bedroom homes and 107 single family homes currently active in Los Gatos.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
Want to know what this home will actually sell for? Get a data-backed offer range based on recent comparable sales.
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Frequently Asked Questions

Listed at $2,380,000 ($6,538/sqft). The 2026 median for a Los Gatos single family home is $1,332/sqft, which puts this home 390.8% above it. The three most recent 1-bedroom sales in 95032 closed at $539 to $1,108 per sqft.
Listed September 18, 2026. That is 21 days on market as of October 9, 2026. The Los Gatos median was 12 days on market in September 2026.
Est. $15,090/mo with 20% down ($476,000) at 6.75%. That is principal and interest $12,349, property tax $2,479 and insurance $262. The assumptions and lender disclosure are with the payment estimate at the top of this page.
There are 97 active listings in Los Gatos: 5 are 1-bedroom and 107 are single family homes. At $2,380,000 this home is below the 2026 Los Gatos single family home median sale price of $3M. Los Gatos sales closed at 102.5% of list price in September 2026.
The three most recent 1-bedroom sales in Los Gatos 95032 closed at $440,000, $1,090,000 and $1,492,500, or $539 to $1,108 per sqft. Across all property types, the 2026 Los Gatos median is $1,211 per sqft, and the September median was 12 days on market.
Yes. As of October 9, 2026, 585 Vasona Ave is an active listing at $2,380,000. It is a 1-bedroom, 1-bath single family home.
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Timothy Alston, Broker
Timothy Alston
Broker · DRE# 01328224 · Over 23 Years Experience

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Timothy Alston
Timothy Alston
Broker · DRE# 01328224
Aegis Luxury Real Estate
(408) 207-4593[email protected]

Free Los Gatos Reports

October 2026. Built on the same live MLS data Timothy uses with clients.

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Market Snapshot

$2.4MMedian Sale Price, Sep-9.4% vs Last Year
12Median DOM, Sep-2 days vs Last Year
97Active Listings-19.2% vs Last Year
102.5%Sale-to-List, Sep+2.0% vs Last Year
Full Market Snapshot →
For Homeowners

What would your Los Gatos home sell for today?

Los Gatos homes sold at 102.5% of list price in a median of 12 days in September 2026.

102.5%Sale-to-List, Sep
12Median Days, Sep
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Schools in Los Gatos

Aegis School Excellence Index

10

Daves Avenue Elementary

Los Gatos Union Elementary SD · K-5

10

C.T. English Middle

Los Gatos Union Elementary SD · 6-8

8

Los Gatos High School

Los Gatos-Saratoga Joint Union High SD · 9-12

School information is for general reference only. Contact districts directly for enrollment and boundary info.

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Closed within 6 months · 1 bed / similar sqft · Los Gatos 95032

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MLSListings IDXMLS ID #ML82049682, Haiyan Fu. Listing provided by KW Bay Area Estates · MLSListings Inc.
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MLSListings IDXMLS ID #ML82043091, Greg Simpson. Listing provided by KW Bay Area Estates · MLSListings Inc.
Source: MLSListings Inc. Closed sales data.
For Homeowners

Your neighbors are selling. Should you?

In September 2026, 27 homes sold in Los Gatos at a median sale price of $2.4M, and sales closed at 102.5% of list price.

27Sold (September 2026)
$2.4MMedian Sale Price
102.5%Sale-to-List (September 2026)
Timothy Alston, Broker
What happens when the right home lists and nobody knows you are looking for it?
In Los Gatos, 9 new listings hit the MLS this week. By the time most search sites update, the window has already narrowed.
Get Alerts for Los Gatos Homes Like This →
Buyers

See 585 Vasona Ave before the weekend

Listed 21 days ago. Half of Los Gatos's September sales sold within 12 days on market, so early showings see the most competition.

Sellers

What would your Los Gatos home sell for?

27 homes sold in Los Gatos in September 2026 at a median sale price of $2.4M and 102.5% of list price.

Get My Home's Value →
Questions

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Timothy Alston, Broker, DRE# 01328224. Over 23 years in Silicon Valley real estate.

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MLSListings IDX

Property Information © 2026 MLSListings Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than Aegis Luxury Real Estate are marked with the Internet Data Exchange icon (a stylized house) and detailed information about them includes the names of the listing brokers and listing agents.

Based on information from the MLSListings MLS as of Oct 9, 2026 2:30 AM PT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

These statistics are generated using information from the MLSListings Inc. multiple listing service, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.

Data updated every 15 minutes. Visit www.MLSListings.com for more information.

Information provided is for general informational purposes only. Equal Housing Opportunity. If you are currently working with a real estate agent, this is not intended as a solicitation.

Timothy Alston, Broker, DRE# 01328224, Aegis Luxury Real Estate, 10080 N. Wolfe Rd Ste SW3-200, Cupertino CA 95014. (408) 207-4593.

Last updated: Oct 9, 2026 2:30 AM PT | Source: MLSListings Inc.

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