For your weekend: Happy Ending in Los Gatos
It’s Friday! That means here comes your weekend, so we’d like to present a great location for a Silicon Valley stay-cation! Thanks very much to Burbed reader Swan for sending this one in before the A to Z challenge (THANK GAWD THAT’S OVER IT WAS HARSHING OUR CRAPBOXEN). Fortunately the property is still very much on the market.
18157 WAGNER Rd
Los Gatos, CA 95032
$7,499,0005 Beds
8 Baths
8,517 Sq. Ft.
$880 / Sq. Ft.
Built: 1999
Lot Size: 25 Acres
On Redfin: 45 days
Property Type: Detached Single Family
Stories: Tri-Level
Community: Los Gatos/Monte Sereno
MLS#: 81308591
Style: Traditional
View: Mountains, Canyon, Valley, City Lights
County: Santa ClaraSpectacular transformation! Vastly improved property from two years ago. Complete remodel of existing home with added sq footage, brand new 3100sf toy barn/garage, new 800sf pool house cabana w 500+sf covered patio, over an acre of new cabernet vines, bocce ball court, lacrosse field/sport court, wine cellar, 3car garage, workout facility, 600sf storage rm, outdoor entertaining paradise w pool!!!!
Let’s check in with Swan on this swank setting:
I have many properties I’ve been planning to send you, but I came across the following this morning and it rose to the top of the list:
At first, I thought I’d submit this home because of the realtard’s line, "Vastly improved property from two years ago." What is that realtor speak for? Then, in looking at the pictures, I realized I’d seen this somewhere before!
Yes, a finished home is a vast improvement! Landscaping helps too! From the pictures, it seems someone has been living there. The listing history goes on… Be sure to check out photo number 24 of the storage room. An 8500 square foot home and you need 600 square feet of storage? The current occupants have sure put the storage room to good use!
Have at it…
Yes, this place looks familiar, doesn’t it? Or maybe not, since they finished painting and put all those ladders in the 600 square foot storage room. It sold in May, 2011, for $5.75 million, and these listing photos look a little different than what we covered here.
Although we miss the ladders. Made the place look like part of an Edgar Martins exhibition.
Also, we found the before before pictures. Don’t miss them (kitchen pictured at left). They might have asked for $3.95M that round, but they got $1.8. You really have to check out the property history, because before that it was foreclosed on, maybe even twice in two weeks, and before that it was listed for $7.8M. Good luck figuring out if it sold for $5.6M, or $7M or both or neither! This house and its grounds have been nothing but a big and very expensive game of Hot Potato going back all the way to 2000!
So, Burbed readers, why is this amazing estate still on the market after an eternity of 45 days? Do you think the flippers are waiting to collect even more overbids? Now that would be an even happier ending.
18157 WAGNER Rd
300 SANTA ROSA Dr
125 Northgate St


Advertised Subdivision : RIVERCREST IN HOWARD COUNTY
Holy crap, that’s a lot of CAPITAL LETTERS for the same price you’d pay in Mountain View. Plus you get a house that hasn’t even been built yet, so you have no idea of the build quality or the feng shui. And just think of how much work it’s going to be mowing an entire acre or dusting 4500 sf of house.
6 beds
Here’s what Robert had to say when bringing this gem to our attention.
Fortunately, when we reviewed the Astonishing Webpage we filled in all those price reductions, so there’s not much more to add. And
Oh, about that Zestimate. It’s 13.3% below today’s list price, which disappoints us. We had a theory that the Zestimate for any large, custom, hard-to-price estate like this would be exactly 15% lower than the current asking price (and if you don’t believe us, go back to
Here’s the denouement of a Burbed perennial, and best of all, it’s even in Mountain View! Thanks very much to Burbed reader mabel du for giving this turkey one more roast with this fine guest post.


BEDS: 3
ON REDFIN: 78 days
Except this time it’s got $30,000 more value than six years ago! Hurry! Now here’s why PG sent in this property:

BEDS: 4
Here’s what Wendie had to say about this house:
But back then the agent wasn’t mentioning all the excitement in the former garage! And this house is just full of excitement. A huge price reduction! A foreclosure last October! Yes, a foreclosure, not just in the Real Bay Area, but in Old Palo Alto. Who knew that Larry Page could walk to a foreclosure in his own neighborhood? (We would have said Steve Jobs, what with all the “walk to Steve Jobs’ house” comments about this neighborhood, but he could not walk to this house when it foreclosed as he passed away one week earlier.)


