Cheapest House in Silicon Valley: $350,000 in Los Gatos!
Apparently, this is the cheapest house in Silicon Valley*
MLSlistings Property Detail for MLS number 634105
23975 GLENWOOD DR
Los Gatos, CA 95033
$350,000
CONTRACTORS SPECIAL
Nice home with a view, bright and sunny 14 minutes to downtown Los Gatos, 17 minutes to Santa Cruz, (GoogleMap) Home appears to be intact and in good condition. Landslide on lower part of property. Large retaining walls needed. Good opportunity for contractor or investor that has experience with retaining walls and Santa Cruz county. The extent of the slide needs to be determined. Sellers want to move on with their lives and are willing to take a loss. Before landslide, home was valued at $750K. Lenders will not lend on this property now. Best cash offer gets it. No contingencies, close escrow in 10 days or less. Offers reviewed on June 26 at 5PM. Home is vacant. Come out and take a look but be careful. Enter property at your own risk. Realtor’s keysafe is at property to enter the home. Listing agent can show. DIRECTIONS TO THE PROPERTY From downtown Los Gatos take Hwy 17 south. Go approx 1.5 mile past Summit Rd and exit Hwy 17 at Glenwood Dr. home is abut 3/4 mile, the third hThis Single Family Residence has the following features:
MLS#: 634105 Approx Age: 31 Years Approx Sq Ft: 1661
Detached Single Family 2 Stories 3 Bedrooms
You can’t get a loan for this, you can’t go there without getting killed… but it is the cheapest house in Silicon Valley. Buy it today!
*My Silicon Valley = Santa Clara less Morgan Hill and Gilroy.



June 27th, 2006 at 11:39 am
http://dcbubblemeter.blogspot.com/
New blog on the (inflated) DC housing market. Enjoy.
July 4th, 2008 at 11:12 pm
Sale history of this house from Zillow.
12/21/2007: $725,000
07/11/2006: $375,000
08/31/1999: $439,000